L T Elevator Ipo, GMP, Price, Date, Allotment:

The L.T. Elevator Ipo is scheduled to open on September 12, 2025 and close on September 16,2025

Ipo Details

  • Issue Size: 39.37 crores comprising a fresh issue of 50,48,000 per equity shares
  • Lot size: 1,600 shares with a minimum investment of 1,24,800
  • Listing At: BSE SME
  • Expected Listing Date: September 19,2025

Investment Details

  • Minimum investment: 2,43,200 for retail investors ( 3,200 shares )
  • Retail Quota: 33.25% of the total issue size ( 16,78,400 shares )

Company Overview

L T Elevator Limited provided elevator system solutions with a focus on service, engineering, and technical solutions. The company offers end-to-end solutions starting from elevator manufacturing, installation commissioning, and servising under annual maintenance contracts.

Financial Performance

  • Revenue Growth: 56.74 crores in FV 2025, up from 40.63 crores in FV 2024
  • Profit After Tax: 8.94 crores in FV 2025 up from 3.17 crores in FV 2024
  • Return on Net Worth ( RONW ) : 19.68%
  • Debt To Equity Ratio: 0.38

Use of proceeds

The company plans to utilise

  • Working Capital Requirements: 20.00 crores ( 50.80% of the issue size )
  • Investment in subsidiary: 8.80 crore ( 22.35% of the issue size ) for funding park smart solutions limited working capital requirements.
  • General corporate purpose: 10.57 crore ( 26.84% of the issue size )

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