L.T. Elevator IPO

0.68x

subscribed

L.T. Elevator IPO

Engineering
open
₹2.43LMin. investment
  1. Pre-apply
    11 Sep
  2. Bid start
    12 Sep
  3. Bid end
    16 Sep
  4. Allotment
    17 Sep
  5. Release of funds
    18 Sep
  6. Demat transfer
    18 Sep
  7. Listing
    19 Sep

About L.T. Elevator Limited

SectorEngineering
Price range₹76.00 – ₹78.00
IPO type
SME
Lot size1600 shares
Issue size₹39Cr
Red Herring Prospectus
Read
Market Cap
₹149.47CrLower than sector avg
RevenueApr 2024 - Mar 2025
₹56.52CrLower than sector avg
Growth rate3Y CAGR
18.01%Higher than sector avg

Checklist

Quality analysis
Revenue growth
Company valuation
Earnings expansion
Risk analysis
Debt to Equity ratio
Promoter holdings
Shares pledged
The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Compare

Companies in this sector
L&T Technology Services LtdL&T Technology Services Ltd
Rites LtdRites Ltd
Engineers India LtdEngineers India Ltd
Revenue
Higher revenue means strong sales and good market demand
This IPO
₹56.52Cr
This sector
₹342.41Cr
Compare with companies
3Y growth
Strong 3-year growth shows consistent progress and potential
This IPO
18.01%
This sector
0.01%
Compare with companies
PAT
Higher PAT means strong profitability and efficient cost management
This IPO
₹8.94Cr
This sector
₹38.53Cr
Compare with companies
Market cap
Higher market cap means strong confidence but may suggest overvaluation
This IPO
₹149.47Cr
This sector
₹1,862.48Cr
Compare with companies
P/E ratio
Lower ratio usually means stock is undervalued
This IPO
9.18
This sector
31.54
Compare with companies
D/E ratio
Lower ratio usually means fewer liabilities
This IPO
0.38
This sector
0.53
Compare with companies

Objectives

Working capital
50.80%
General corporate purposes
28.90%
Investment in subsidiary
20.32%

About L.T. Elevator Limited

L.T. Elevator is engaged in the design, manufacture, installation, and maintenance of vertical elevators, as well as multi-level car parking systems, through its subsidiary, Park Smart Solutions Limited. Automated parking systems accounted for 19.85% of FY25 revenue, maintenance income for 14.16%, while manual elevators and automatic elevators accounted for 16.45% and 56.73% respectively. Elevator capacity utilisation stood at 62%. Most revenue came from West Bengal at 56.79%, while Manipur and Odisha contributed 9.11% and 6.83% respectively. Customers include both government and private sectors. In FY25, private projects made up 64.02% of revenue, while government projects accounted for 35.98%.

IPO Subscription Status

Date
QIB
NII
Retail
Total
12-Sep-25 (Today)
0.0 times (X)
1.19 times (X)
0.84 times (X)
0.68 times (X)

Frequently asked questions

How to invest in the IPO?

Investors can apply for the IPO through their Demat account via the stock exchange or through their broker.

What is the issue size of L.T. Elevator IPO ?

The issue size of the L.T. Elevator IPO is 39 Cr.

What is 'pre-apply' for L.T. Elevator IPO ?

Pre-applying for an IPO allows you to submit your application before the official subscription period begins.

Which exchanges will L.T. Elevator IPO shares list on?

The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.
Bidding closes on 16 Sep 2025, 5:00 PM