LT Elevator IPO is set to open on September 12, 2025, and will close on September 16, 2025. This is a Book Built Issue through which the company plans to raise approximately ₹39.37 crores. The IPO consists of a fresh issue of ₹39.37crores and an Offer for Sale (OFS) of up to [TBA] equity shares, each having a face value of ₹10.
The IPO price band is fixed between ₹76 to ₹78 per share, with the retail quota at 35%, QIB allocation at 50%, and HNI quota at 15%. LT Elevator shares are expected to list on BSE SME on September 15, 2025, with allotment scheduled for September 11, 2025.
LT Elevator IPO Financial Performance:
The company has shown strong growth in revenue and profits over the last year. Revenue increased to ₹56.74 crores in 2025, up from ₹40.63 crores in 2024, while net profit rose to ₹8.94 crores in 2025 compared to ₹3.17 crores in 2024. These figures indicate a healthy financial position, making LT Elevator IPO a potential long-term investment for investors.
LT Elevator IPO Date & Price Band Details
LT Elevator IPO is a Book Built Issue opening on September 12, 2025 and closing on September 16, 2025. Each share has a face value of ₹10, with the IPO price band at ₹76 to ₹78 per share. The company aims to raise approx ₹[TBA] crores, including a fresh issue of ₹[TBA] crores and an Offer for Sale of [TBA] equity shares. Lot size is [TBA] shares, and the IPO will list on BSE SME.
| Category | Details |
|---|---|
| IPO Open Date: | September 8, 2025 |
| IPO Close Date: | September 10, 2025 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹76 to ₹78 Per Share |
| Issue Size: | Approx ₹39.37 Crores |
| Fresh Issue: | Approx ₹39.37 Crores |
| Lot Size: | 1,600 Shares |
| Issue Type: | Book Built Issue |
| IPO Listing: | BSE SME |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
LT Elevator IPO Market Lot
LT Elevator IPO Application Details: The retail investors can apply for a minimum and maximum of 2 lots, while the S-HNI category has a minimum application of 3 lots. The number of shares and amount per application will depend on the IPO price band, making it easier for investors to plan their investment in LT Elevator IPO 2025.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 | 3,200 | ₹2,49,600 |
| Retail Maximum | 2 | 3,200 | ₹2,49,600 |
| S-HNI Minimum | 3 | 4,800 | ₹3,74,400 |
| S-HNI Maximum | 8 | 12,800 | ₹9,98,400 |
| B-HNI Minimum | 9 | 14,400 | ₹11,23,200 |
The subscription status will be updated after the bidding process begins on September 12, 2025.
LT Elevator IPO IPO Reservation
LT Elevator IPO Share Allocation: The company is offering a total of 50,48,000 shares. Retail investors will get 16,78,400 shares (33.25%), while QIBs are allocated 23,96,800 shares (47.48%), including anchors with 14,36,800 shares (28.46%). Non-Institutional Investors (NII) receive 7,20,000 shares (14.26%), and market makers are allotted 2,52,800 shares (5.01%), ensuring a well-distributed LT Elevator IPO 2025 share allocation.
| Investor Category | Share Offered | % Shares |
|---|---|---|
| Market Maker | 2,52,800 Shares | 5.01% |
| QIB Shares Offered | 23,96,800 Shares | 47.48% |
| Anchor Investor | 14,36,800 Shares | 28.46% |
| QIB (Ex. Anchor) | 9,60,000 Shares | 19.02% |
| NII Shares Offered | 7,20,000 Shares | 14.26% |
| Retail Shares Offered | 16,78,400 Shares | 33.25% |
| Total Shares Offered | 50,48,000 Shares | 100.00% |
LT Elevator IPO Anchor Investors
LT Elevator IPO Anchor Investors Details: The anchor bidding date is September 5, 2025, with 14,36,800 shares offered to anchors. The anchor allocation size is ₹11.21 crores. 50% of anchor shares will be locked for 30 days until October 17, 2025, and the remaining 50% locked for 90 days until December 16, 2025. Download the anchor investors list PDF for full details.
| Category | Details |
|---|---|
| Anchor Bidding Date | September 5, 2025 |
| Anchor Investors List | Click Here |
| Shares Offered | 14,36,800 Shares |
| Anchor Size | 11.21 Cr. |
| lock-in period end date 50% shares (30 Days) | October 17, 2025 |
| lock-in period end date 50% shares (90 Days) | December 16, 2025 |
LT Elevator IPO Allotment & Listing Dates
LT Elevator IPO Key Dates 2025: The IPO opens on September 12 and closes on September 16, 2025, with a bidding cut-off at 5 PM. The basis of allotment will be announced on September 17, and refunds and credit to Demat accounts will be completed on September 18. The shares will list on BSE SME on September 19, 2025.
| Type | Date |
|---|---|
| IPO Open Date: | September 12, 2025 |
| IPO Close Date: | September 16, 2025 |
| Basis of Allotment: | September 17, 2025 |
| Refunds: | September 18, 2025 |
| Credit to Demat Account: | September 18, 2025 |
| IPO Listing Date: | September 19, 2025 |
| IPO Bidding Cut-off Time: | September 16, 2025 – 5 PM |
LT Elevator IPO: Promoters and Holding Pattern
LT Elevator IPO Promoter Holding: The promoters of LT Elevator are Arvind Gupta, Usha Gupta, and Yash Gupta. Pre-IPO, promoters hold 1,41,15,055 shares (85.14%), which will reduce to 1,91,63,055 shares (62.71%) post-IPO. This ensures strong promoter confidence and commitment, making the LT Elevator IPO 2025 an attractive opportunity for investors.
| Particular | Shares | % Share |
|---|---|---|
| Promoter Holding Pre Issue | 1,41,15,055 | 85.14% |
| Promoter Holding Post Issue | 1,91,63,055 | 62.71% |
LT Elevator IPO Company Financial Report
LT Elevator Financial Performance (2023–2025): The company has shown strong growth in revenue and profits over the past three years. Revenue increased from ₹34.73 crores in 2023 to ₹56.74 crores in 2025, while PAT rose from ₹1.25 crores to ₹8.94 crores. Total assets also grew from ₹42.68 crores to ₹86.99 crores, reflecting a robust financial position and making LT Elevator IPO 2025 attractive for long-term investors.
| Period Ended | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2023 | ₹34.73 | ₹32.99 | ₹1.25 | ₹42.68 |
| 2024 | ₹40.63 | ₹36.06 | ₹3.17 | ₹42.78 |
| 2025 | ₹56.74 | ₹44.22 | ₹8.94 | ₹86.99 |
LT Elevator IPO Valuation – FY2025
LT Elevator IPO Key Financial Metrics: The company demonstrates strong financial health with ROE at 20.52%, ROCE at 30.50%, and an EBITDA margin of 26.94%. PAT margin stands at 15.82%, while the debt-to-equity ratio is 0.86. Earnings per share (EPS) is ₹8.50, and Net Asset Value (NAV) is ₹33.24, reflecting a robust investment opportunity in LT Elevator IPO 2025.
| KPI | Values |
|---|---|
| ROE: | 20.52% |
| ROCE: | 30.50% |
| EBITDA Margin: | 26.94% |
| PAT Margin: | 15.82% |
| Debt to equity ratio: | 0.86 |
| Earning Per Share (EPS): | ₹8.50 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 19.68% |
| Net Asset Value (NAV): | ₹33.24 |
LT Elevator IPO Peer Group Comparison
Peer Group Comparison: Compared with its peer Aaron Industries Limited, which reports EPS of 7.86, PE ratio of 43.54, RoNW of 19.14%, NAV of 41.08, and income of ₹77.93 crores, LT Elevator shows competitive financial metrics, making it a noteworthy option for investors considering the LT Elevator IPO 2025.
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| Aaron Industries Limited | 7.86 | 43.54 | 19.14% | 41.08 | 77.93 Cr. |
Objects of the Issue & Utilisation of proceeds – LT Elevator IPO
LT Elevator IPO – Objects of the Issue & Utilisation of Proceeds: The IPO funds will be primarily used for working capital requirements of the company amounting to ₹20.00 crores. Additionally, ₹8.80 crores will be invested in the subsidiary Park Smart Solutions Limited to support its working capital needs. The remaining funds will be allocated for general corporate purposes, ensuring strategic growth and operational efficiency.
| Purpose | Crores | %Change |
|---|---|---|
| Working Capital Requirements | 20.00 | 50.80% |
| Investment in subsidiary Park Smart Solutions Limited, for funding of its working capital requirement | 8.80 | 22.35% |
| General corporate purposes | 10.57 | 26.84% |
LT Elevator Company Overview, Strengths, and Risks
LT Elevator Company is an Indian manufacturer specializing in elevator and escalator systems, as well as car parking solutions. Founded in 2008, the company is headquartered in Kolkata, West Bengal. They emphasize “Make in India”, utilizing German technology and machinery in their integrated production line. LT Elevator offers a range of products including various types of lifts (residential, hospital, goods), escalators, and automated parking systems through its subsidiary, Park Smart Solutions Limited.
Strengths
- Integrated Manufacturing and Technology: The company boasts an integrated production line with modern German machinery and hi-tech infrastructure, allowing for in-house manufacturing of a significant portion of their products. This control over production contributes to efficiency and product quality.
- Diversified Product Portfolio: LT Elevator offers a wide range of products, catering to various needs, from residential and commercial elevators to specialized hospital lifts and car parking solutions. This diversification can mitigate risks associated with reliance on a single product category.
- “Make in India” Focus: Their commitment to the “Make in India” initiative positions them well to benefit from government support and growing domestic demand for manufactured goods.
- Customer-Centric Approach: The company emphasizes a “Customer First Philosophy” and provides 24/7 service backup, aiming to build long-term client relationships through superior service and technical solutions.
- Experienced Management and Workforce: LT Elevator highlights its team of experienced engineers and a skilled workforce, contributing to their technical capabilities and project execution.
- Growing Market Demand: The increasing pace of urbanization, infrastructure development, and the smart cities mission in India are driving strong demand for elevators and vertical transportation solutions. The smart parking solutions also address a growing urban problem.
Risks
- Competition: The elevator and escalator market is highly competitive, with both domestic and international players. Maintaining market share and profitability against established and new entrants is a continuous challenge.
- Economic Fluctuations: The company’s performance is susceptible to economic downturns, which can impact construction and real estate development, thereby affecting demand for their products and services.
- Technological Advancements: The industry is subject to rapid technological changes. LT Elevator needs to continuously invest in R&D to keep pace with innovations in areas like energy efficiency, smart features, and safety standards to avoid obsolescence.
- Supply Chain Disruptions: Reliance on imported machinery and components, even with German technology, can expose the company to supply chain risks and price volatility.
- Customer Service and Quality Concerns: While the company emphasizes customer service, some customer reviews point to potential issues with service quality, delayed responses, and unprofessional behavior. Consistent delivery of high-quality service is crucial for customer retention and reputation.
- Regulatory and Safety Standards: The elevator industry is heavily regulated, with stringent safety standards. Non-compliance or accidents could lead to significant financial penalties, reputational damage, and operational disruptions.
- Dependence on Key Personnel: As with many companies, there might be a reliance on key management or technical personnel, and their departure could impact operations.
- IPO-Related Risks: As the company is preparing for an IPO, investors should be aware of risks associated with new public issues, such as potential lack of liquidity, price volatility, and the inherent risks of early-stage public companies.
LT Elevator IPO Registrar
Cameo Corporate Services Ltd.
Phone: +91-44-28460390
Email: ipo@cameoindia.com
Website: https://ipo.cameoindia.com/
LT Elevator IPO Lead Managers aka Merchant Bankers
- Horizon Management Pvt.Ltd.
LT Elevator Company Address
L.T.Elevator Ltd.
Capricorn Nest 3,
Gobinda
Auddy Road,
Kolkata, West Bengal, 700027
Phone: +913324480447
Email: cs@ltelevator.com
Website: http://www.ltelevator.com/
FAQs about LT Elevator IPO
The IPO will open on September 12, 2025, and close on September 16, 2025.
The IPO price band is fixed at ₹76 to ₹78 per share.
The minimum lot size is 1,600 shares.
The shares are expected to be listed on the BSE SME platform.
The basis of allotment is scheduled for September 17, 2025.
The company plans to raise approximately ₹39.37 crores.
The promoters are Arvind Gupta, Usha Gupta, and Yash Gupta.
The retail investor quota is 35% of the total issue.
In 2025, the company reported a revenue of ₹56.74 crores and a net profit of ₹8.94 crores.
The funds will be primarily used for working capital needs of the parent company and its subsidiary, as well as for general corporate purposes.
Disclaimer: This content is provided strictly for educational and informational purposes only. The securities or investments mentioned are based on publicly available information and should not be construed as investment advice or recommendations. Investors are advised to consult with their financial advisor before making any investment decisions.
