LT Elevator IPO Details
| IPO Open Date: | September 12, 2025 |
| IPO Close Date: | September 16, 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: |  |
| RHP Draft Prospectus: | |
LT Elevator IPO Review & Key Points
- To be updated soon
LT Elevator IPO Market Lot
The LT Elevator IPO minimum market lot is 3,200 shares with ₹2,49,600 application amount.
| 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 |
IPO Reservation
| 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
| Anchor Bidding Date | September 11, 2025 |
| Anchor Investors List | |
| 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 Dates
The LT Elevator IPO date is September 12 and the close date is September 16 . The LT Elevator IPO allotment will be finalized on September 17 and the IPO listing on September 19.
| 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 |
Promoters and Holding Pattern
The promoters of the company are Arvind Gupta, Usha Gupta and Yash Gupta.
| Particular | Shares | % Share |
| Promoter Holding Pre Issue | 1,41,15,055 | 85.14% |
| Promoter Holding Post Issue | 1,91,63,055 | 62.71% |
Objects of the Issue & Utilisation of proceeds
| Purpose | Crores | % |
| 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% |
About LT Elevator IPO
L. T. Elevator Limited, founded in August 2008, is one of the leading companies that is engaged in offering quality Elevator system solutions. The company focuses on manufacturing, installation, commissioning, and maintenance of elevators. The company follows the customer-first approach and has a production capacity of 800 elevators per year at its modern facility in West Bengal.
The company’s portfolio comprises passenger, goods, hospital, and home elevators, both manual and automatic. Bhubaneswar, Delhi, Patna, and Guwahati are some of the major cities where L.T. Elevator is present and is also working on smart city projects in Silchar and Imphal. Residential complexes, commercial buildings, malls, and public-sector units like railways are the major clients of the company. ISO 14001:2015 certification and in-house R&D and testing make sure to offer safety and energy efficiency. As of now, the company includes 319 employees.
LT Elevator IPO Company Financial Report
The company reported revenue of ₹56.74 crores in 2025 against ₹40.63 crores in 2024. The company reported profit of ₹8.94 crores in 2025 against profit of ₹3.17 crores in 2024.
Amount ₹ in Crores
| 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
Check LT Elevator IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| 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 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Aaron Industries Limited | 7.86 | 43.54 | 19.14% | 41.08 | 77.93 Cr. |
IPO Lead Managers aka Merchant Bankers
- Horizon Management Pvt.Ltd.
Company Address
L.T.Elevator Ltd.
Capricorn Nest 3,
Gobinda
Auddy Road,
Kolkata, West Bengal, 700027
Phone: +913324480447
Email: [email protected]
Website: http://www.ltelevator.com/
IPO Registrar
Cameo Corporate Services Ltd.
Phone: +91-44-28460390
Email: [email protected]
Website: https://ipo.cameoindia.com/
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Note: The LT Elevator IPO price band and date are officially announced. The (LT Elevator IPO grey market premium) will be added to the IPO GMP page as it will start).
