The LT Elevator IPO minimum market lot is 3,200 shares with ₹2,49,600 application amount. The LT Elevator IPO is a SME IPO, and it is to be listed on BSE.
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.
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
LT Elevator IPO Subscription Status – Day 3
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.00 | 0.00 | 95.10 |
| NII | 1.19 | 6.55 | 356.16 |
| RII | 0.84 | 6.20 | 158.90 |
| Total | 0.68 | 4.50 | 182.95 |
LT Elevator IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
LT Elevator IPO Review
- May Apply for long term
LT Elevator IPO Form
How to apply for the LT Elevator IPO? You can apply for LT Elevator IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the LT Elevator IPO in the Invest section. The other option is you can apply for LT Elevator IPO via IPO forms downloaded online. Check out the LT Elevator forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
