IPO Issue Details
Issue Price / Price Band₹78 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,600 Shares per Lot
Total Issue Size50,48,000 shares (aggregating up to ₹39.37 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenFri, 12 Sep 2025
Subscription CloseTue, 16 Sep 2025
Anchor AllotmentThu, 11 Sep 2025
Basis of AllotmentWed, 17 Sep 2025
Initiation of RefundsThu, 18 Sep 2025
Credit of Shares to DematThu, 18 Sep 2025
Listing DateFri, 19 Sep 2025
UPI Mandate Deadline2025-09-16
Application & Investment Details
Retail — Min (2 Lots)₹2,49,600 — 3200 shares
Retail — Max (13 Lots)₹1,622,400 (13 Lots)
HNI — Min (3 Lots)₹3,74,400 — 4800 shares
EPS (Pre-IPO)₹6.34
EPS (Post-IPO)₹4.67
P/E Ratio (Pre-IPO)12.31x
P/E Ratio (Post-IPO)16.71x
Net Offer to Public47,95,200 shares (aggregating up to ₹37.40 Cr)
Reserved for Market Maker2,52,800 shares (aggregating up to ₹1.97 Cr)
Pre-IPO Promoter Holding1,41,15,055 shares
Post-IPO Promoter Holding1,91,63,055 shares
About L.T.Elevator Ltd.
Incorporated in August 2008, L. T. Elevator Limited provides quality Elevator system solutions, focusing on superior service, engineering, and technical solutions.The company offers comprehensive solutions, including elevator manufacturing, installation, commissioning, and annual maintenance. L.T. Elevator provides EPC (engineering, procurement, construction) and O&M (operations, maintenance) services, operating under a "Customer First Philosophy."The company offers a product line with innovative modular design, advanced engineering, and 24/7 service support.The company has an in-house testing lab for quality checks supervised by qualified personnel. They integrate professional management with technology for enhanced performance, industry expertise, and proven experience to best serve our customers.Product Portfolio:1. Elevators 2. Manual elevators 3. Semi-Automatic elevators The company's manufacturing facility is situated in Chakchata, West Bengal. The manufacturing facility produces 800 elevators annually, equipped with modern equipment, ensuring quality control, following sustainable practices, and serving as an innovation hub.As of March 31, 2025, the Company has 319 employees on payroll.Competitive Strength:Manufacturing plant equipped with the latest machinery and technology to design, manufacture and install its products.Experienced and technically advanced manpower.Strong brand recognition and reputation for excellence in manufacturing of customized elevators.Wide range of products offered.Strong relationship with international suppliers of raw materials.Well-equipped R&D and quality control process.
Objects of the Issue
L.T.Elevator Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Working Capital Requirements
20.00
2
2 Investment in subsidiary Park Smart Solutions Limited, for funding of its working capital requirement
8.80
3
3 General corporate purposes
Shareholding & Lock-in
Pre-IPO Promoter Holding
1,41,15,055 shares
Post-IPO Promoter Holding
1,91,63,055 shares