L.T. Elevator Limited IPO
BSE SMEListed On: Sep 19, 2025 at ₹ 136.10
₹ 249600 /3200 Shares
*Min Investment
12 Sep, 2025
Open Date16 Sep, 2025
Close Date17 Sep, 2025
Allotment Date19 Sep, 2025
Listing DateL.T. Elevator IPO Live Subscription Details
View Subscription DetailsL.T. Elevator IPO Issue Details
- Issue Price ₹76-78 per equity share
- Face Value ₹10 Per Equity Share
- Total Issue Size 50,48,000 shares(aggregating up to ₹39.37 crore)
- Fresh Share 50,48,000 shares(aggregating up to ₹39.37 crore)
- Listing at BSE SME
- List Price 136.10
- Listing Date 2025-09-19
- Lead Manager Horizon Management Pvt Ltd
- Registrar Cameo Corporate Services Limited
Market Lot Size
Investors can bid for a minimum of 3200 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual (min) | 2 | 3200 | ₹2,49,600 |
| Individual(max) | 2 | 3200 | ₹2,49,600 |
| SHNI(min) | 3 | 4,800 | ₹3,74,400 |
| SHNI(max) | 8 | 12,800 | ₹9,98,400 |
| BHNI(min) | 9 | 14,400 | ₹11,23,200 |
L.T. Elevator IPO Reservation
L.T. Elevator IPO offers total 50,48,000 shares. Out of which 9,60,000 (19.02%) allocated to QIB, 7,20,000 (14.26%) allocated to NII,16,78,400 (33.25%) allocated to RII, NA (NA%) allocated to employees and 14,36,800 (28.46%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 14,36,800 (28.46%) | |
| Market Maker Shares Offered | 2,52,800 (5.01%) | |
| QIB Shares Offered | 9,60,000 (19.02%) | |
| NII (HNI) Shares Offered | 7,20,000 (14.26%) | |
| bNII < ₹10L | 4,80,000 (9.51%) | |
| sNII < ₹10L | 2,40,000 (4.75%) | |
| Individual Shares Offered | 16,78,400 (33.25%) | |
| Total Shares Offered | 50,48,000 (100%) |
L.T. Elevator IPO Documents
L.T. Elevator IPO Details
L.T. Elevator Limited IPO is an SME IPO, priced at ₹76-78 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the BSE SME platform. The IPO comprises a total issue of 50,48,000 equity shares, aggregating up to ₹39.37 crores..
The IPO bidding window is open from Sep 12, 2025 to Sep 16, 2025. The allotment is expected to be finalized on Sep 17, 2025, and the tentative listing date is Sep 19, 2025.
The minimum lot size for Individual investors is 3200 shares, with a minimum investment of ₹2,49,600.
Horizon Management Pvt Ltd is acting as the lead manager to the issue. The registrar of the IPO is Cameo Corporate Services Limited, and
L.T. Elevator IPO Subscription Analysis And Details
| As on | QIB / NII | Individual | Total |
|---|---|---|---|
| Shares Offered / Reserved | 9,60,000 / 7,20,000 | 16,78,400 | 33,58,400 |
Day 1 12-09-25 06:00 PM | 0.00 / 1.19 x | 0.84 x | 0.68 x |
Day 2 15-09-25 06:00 PM | 6.55 / 7.21 x | 6.20 x | 4.50 x |
Day 3 16-09-25 06:00 PM | 95.10 / 356.16 x | 158.90 x | 182.95 x |
L.T. Elevator Valuations
L.T. Elevator Company Financials
| 31-Mar-25 | 31-Mar-24 | 31-Mar-23 | |
|---|---|---|---|
| Assets | 86.99 | 42.78 | 42.68 |
| Revenue | 56.74 | 40.63 | 34.73 |
| Profit After Tax | 8.94 | 3.17 | 1.25 |
| Net Worth | 45.43 | 10.74 | 7.57 |
| Reserves & Surplus | 31.77 | 6.13 | 2.96 |
| Total Borrowing | 17.30 | 14.02 | 13.64 |
About L.T. Elevator Company
Established in August 2008, L. T. Elevator Limited offers quality solutions for Elevator systems with a focus on better service, engineering, and technical solutions.The company provides end-to-end solutions such as manufacturing, installation, commissioning, and annual maintenance of elevators. L.T. Elevator offers EPC (engineering, procurement, construction) and O&M (operations, maintenance) services with a 'Customer First Philosophy'.
The company provides a product range with innovative modular design, high-end engineering, and 24/7 support services.The organization has an in-house test laboratory for quality inspection under the supervision of trained personnel. They combine professional management with technology for improved performance, industry knowledge, and tested experience to better serve our customers.
Product Portfolio:
1. Elevators
2. Manual elevators
3. Semi-Automatic elevators
The manufacturing unit of the company is located in Chakchata, West Bengal. The manufacturing unit manufactures 800 elevators every year, using new-age equipment, ensuring quality control, adopting green practices, and acting as an R&D hub.As of March 31, 2025, 319 persons are on the payroll of the Company.
L.T. Elevator - Promoter(s)
Arvind Gupta
Usha Gupta
Yash Gupta
Pre Issue Share Holding : %
Post Issue Share Holding : %
L.T. Elevator IPO - Issue Objectives
Working Capital Requirements
Investment in subsidiary Park Smart Solutions Limited, for funding of its working capital requirement
General Corporate Purposes
Contact Details
L.T. Elevator
Capricorn Nest 3, Gobinda Auddy Road, Kolkata, West Bengal, 700027
+913324480447
Registrar Contact Details
L.T. Elevator IPO - FAQs
Ans. L.T. Elevator Limited IPO is a SME IPO. The issue is priced at ₹76-78 per equity share. The minimum order quantity is 1600 Shares. The IPO opens on Sep 12, 2025, and closes on Sep 16, 2025. Cameo Corporate Services Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The L.T. Elevator Limited IPO opens on Sep 12, 2025 and closes on Sep 16, 2025.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of L.T. Elevator Limited IPO is 50,48,000 shares(aggregating up to ₹39.37 Cr).
Ans. The L.T. Elevator Limited IPO price band is set between ₹76-78 per equity share.
Ans. To apply for L.T. Elevator Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find L.T. Elevator Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of L.T. Elevator Limited IPO is Sep 17, 2025.
Ans. The L.T. Elevator Limited IPO will be listed on Sep 19, 2025.
Ans. Follow the steps to check the L.T. Elevator Limited IPO allotment status online.
