L.T.Elevator Limited – IPO
L.T.Elevator Limited – IPO Details
| IPO Date | September 12, 2025 to September 16, 2025 |
| Listing Date | September 19, 2025 |
| Face Value | ₹ 10 / Share |
| Price Band | ₹ 76 to ₹ 78 / Share |
| Lot Size | 1600 Shares |
| Total Issue Size | 50,48,000 shares (Aggregating up to ₹39.37 Cr) |
| Fresh Issue | |
| Offer for Sale | |
| Employee Discount | |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share holding pre issue | 1,41,15,055 shares |
| Share holding post issue | 1,91,63,055 shares |
| Market Maker portion |
L.T.Elevator Limited Timeline (Tentative Schedule)
L.T.Elevator Limited IPO opens on September 12, 2025, and closes on September 16, 2025.
| IPO Open Date | September 12, 2025 |
| IPO Close Date | September 16, 2025 |
| Basis of Allotment | September 17, 2025 |
| Initiation of Refunds | September 18, 2025 |
| Credit of Shares to Demat | September 18, 2025 |
| Listing Date | September 19, 2025 |
| Cut-off time for UPI mandate confirmation | September 16, 2025 |
L.T.Elevator Limited IPO Lot Size
Investors can bid for a minimum of 3,200 shares and in multiples of 1,600 shares thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 3,200 | Rs.249,600 |
| Retail (Max) | 2 | 3,200 | Rs.249,600 |
| S-HNI (Min) | 3 | 4,800 | Rs.374,400 |
| S-HNI (Max) | 8 | 12,800 | Rs.998,400 |
| B-HNI (Min) | 9 | 14,400 | Rs.1,123,200 |
| HNI (Min) |
L.T.Elevator Limited IPO Promoter Holding
| Share Holding Pre Issue | 85.14% |
| Share Holding Post Issue |
L.T.Elevator Limited IPO Reservation
L.T.Elevator IPO offers a total of 50,48,000 shares. Out of which 23,96,800 (47.48%) allocated to QIB, 9,60,000 (19.02%) allocated to QIB (Ex- Anchor), 7,20,000 (14.26%) allocated to NII, 16,78,400 (33.25%) allocated to RII, and 14,36,800 (28.46%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | |
|
| Market Maker Shares Offered | 2,52,800 (5.01%) |
|
| Other Shares Offered | |
|
| QIB Shares Offered | 23,96,800 (47.48%) |
|
| NII (HNI) Shares Offered | 7,20,000 (14.26%) |
|
| bNII > ₹10L | |
|
| sNII < ₹10L | |
|
| Retail Shares Offered | 16,78,400 (33.25%) |
|
| Employee Shares Offered | |
|
| Total Shares Offered | 50,48,000 (100.00%) |
L.T.Elevator Limited IPO Anchor Investors Details
L.T.Elevator IPO raises ₹11.21 crore from anchor investors. L.T.Elevator IPO Anchor bid date is September 11, 2025.
| Bid Date | 2025-09-11 |
| Shares Offered | |
| Anchor Portion Size (In Cr.) | 11.21 |
| Anchor lock-in period end date for 50% shares (30 Days) | October 11, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | December 10, 2025 |
About L.T.Elevator Limited
Established in August 2008, L. T. Elevator Limited offers excellent Elevator system solutions, emphasizing better service, engineering, and technical solutions. It provides end-to-end solutions, from elevator manufacturing to installation, commissioning, and yearly maintenance. L.T. Elevator offers EPC (engineering, procurement, construction) and O&M (operations, maintenance) services based on a "Customer First Philosophy."
It provides an innovative product line based on modular design, state-of-the-art engineering, and 24/7 customer support.
The firm has in-house lab facilities for quality tests under the watchful eye of experts. They combine professional management with technology for better performance, sector know-how, and established experience to serve our clients in the best way.
Product Portfolio:
1. Elevators 2. Manual elevators 3. Semi-Automatic elevators
The manufacturing plant of the company is located at Chakchata, West Bengal. The manufacturing plant churns out 800 elevators per annum with up-to-date machinery to maintain quality control, adhere to sustainable methods, and act as an innovation platform.
The Company has 319 employees on its payroll as of March 31, 2025.
Competitive Strength:
Manufacturing plant with the latest in machinery and technology to design, produce and install its products.
Skilled and technologically advanced manpower.
Strong brand name and reputation for quality in production of bespoke elevators.
Diversified product line available.
Good relationship with overseas suppliers of raw materials.
Well-equipped R&D and quality control system.
Key Performance Indicator
The market capitalization of L.T.Elevator IPO is ₹149.47 Cr.
| KPI | Values |
|---|---|
| ROE | 20.52% |
| ROCE | 30.50% |
| Debt/Equity | 0.38 |
| RoNW | 19.68% |
| P/BV | 2.35 |
| PAT Margin (%) | 15.82% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 6.34 | 4.67 |
| P/E (x) | 12.31 | 16.71 |
Note:
- The Pre IPO EPS is calculated based on Pre issue shareholding as on the date of RHP and the latest FY earnings as of March 31, 2025, that is available in RHP.
- The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of March 31, 2025, which is available in RHP.
Objects of the Issue (L.T.Elevator Limited IPO Objectives)
L.T.Elevator Limited Contact Details
L.T.Elevator Ltd. Capricorn Nest 3, Gobinda Auddy Road, Kolkata, West Bengal, 700027 Phone: +913324480447 Email: [email protected] Website: http://www.ltelevator.com/ |
L.T.Elevator Limited IPO Registrar
Cameo Corporate Services Ltd. Phone: +91-44-28460390 Email: [email protected] Website: https://ipo.cameoindia.com/ |