L.T. Elevator IPO opened for subscription today i.e. Sept. 12, 2025 and close on Sept. 16, 2025. The IPO will list on BSE SME on Sept. 19, 2025 tentatively.
L.T.Elevator IPO Objects of the Issue
| Working capital requirements |
| General corporate purposes |
| Investment in subsidiary Park Smart Solutions Ltd. |
L.T.Elevator IPO Prospectus
L.T.Elevator IPO Details
| IPO Date | 12-09-2025 to 16-09-2025 |
| Issue Type | Book build Issue |
| Listing at | BSE SME |
| Issue Price Range | Rs.76 to Rs.78 per share |
| Face Value of each share | 10 |
| Lot Size | 1600 |
| Total Issue Size | Rs. 39.37 crores |
| Sale Type | Fresh Capital |
| Fresh Issue | 50 lakh shares (APPROX.) |
| Tentative Allotment | 17th September, 2025 |
| Refund Initiation | 18th September, 2025 |
| Credit to Demat Account | 18th September, 2025 |
| Tentative Listing Date | 19th September, 2025 |
Price Band & Lot Size
The price band for L.T.Elevator IPO is set at Rs. 76 to Rs. 78 per share. For an application, the lot size is 1600. The minimum amount of investment required by an investor(based on upper price) is:
- Retailers (2 lots) : Rs. 2,49,600
- HNI (3 lots) : Rs. 3,74,400
L.T.Elevator IPO Reservation
L.T.Elevator offers a total of 50,48,000 shares of which:
- 47.48% are allocated to QIB
- 14.26% are allocated to NII
- 33.25% are allocated to RII
Lead Manager & Registrar
- Lead Manager : Horizon Management Pvt. Ltd.
- Registrar : Cameo Corporate Services Ltd.
- Market Maker : Rainbow Securities Pvt. Ltd.
GMP of L.T.Elevator
To be updated.
L.T.Elevator IPO Subscription Status
On Day 1, L.T.Elevator IPO was subscribed 0.68x.
About L.T.Elevator Ltd.
L. T. Elevator Ltd. was found in August 2008, is leading company engaged in offering quality Elevator system solutions. The company focuses on:
- Manufacturing
- Installation
- Commissioning
- Maintenance of elevators
Disclaimer: The information shared on this blog is collected from publicly available online sources and is intended for educational and informational purposes only. It should not be construed as financial, investment, or legal advice. Readers are encouraged to conduct their own research.