L.T. Elevator
September 12, 2025 – September 16, 2025
| Price | ₹76 - ₹78 |
| GMP Rumors * | ₹45 |
|---|---|
| Lot size | 1600 |
| Allotment | Sep 17, 2025 |
| Listing | Sep 19, 2025 |
Live Rate
| Open | |
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| High | |
| Low | |
| Prev. Close | |
| Lower circuit | |
| Upper circuit | |
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| 52w Low | |
| P/E Ratio |
L.T. Elevator Listing Price
| Exchange | Listing Price | Gain/Loss | % |
|---|---|---|---|
| BSE | ₹136.10 | +₹58.10 | +74.49% |
L.T. Elevator Subscription
Last updated on 16-Sep-2025 18:24:03
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIBs | 960000 | 91292800 | 95.1 |
| HNIs | 720000 | 256443200 | 356.17 |
| bHNI | 480000 | 205609600 | 428.35 |
| sHNI | 240000 | 50833600 | 211.81 |
| Individual | 1678400 | 266835200 | 158.98 |
| Total | 3358400 | 614571200 | 183 |
Application-Wise Breakup  | |||
|---|---|---|---|
| Category | Reserved | Applied | Times |
| HNIs (10L+) | 100 | 13882 | 138.82 |
| HNIs (3-10L) | 50 | 9646 | 192.92 |
| Individual | 525 | 83386 | 158.83 |
| QIB Interest Cost Per Share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹10 | @8% ₹11.4 | @9% ₹12.8 | @10% ₹14.2 | @11% ₹15.6 | @12% ₹17.1 |
L.T. Elevator Lot(s) Distribution
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| bHNI | 9 | 14400 | 1123200 | 100 |
L.T. Elevator Reservation
| Category | Shares Offered | % |
|---|---|---|
| Anchor | 1436800 | 28.46% |
| QIB | 960000 | 19.02% |
| HNI | 720000 | 14.26% |
| INDIVIDUAL | 1678400 | 33.25% |
| Market Maker | 252800 | 5.01% |
| Total | 5048000 | 100% |
L.T. Elevator About
IPO Details
| Total Issue Size | 50,48,000 shares (aggregating up to 39.37 Cr) |
| Fresh Issue | 50,48,000 shares (aggregating up to 39.37 Cr) |
| Issue Type | Book Built 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's Portion | 2,52,800 shares (aggregating up to ₹1.97 Cr) |
| Market Maker | Rainbow Securities |
Key Performance Indicator
| KPI | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| ROE | 20.52% | 34.65% | 17.95% |
| ROCE | 30.50% | 45.97% | 29.38% |
| RONW | 19.68% | 34.65% | 16.47% |
| EPS (basic) | 8.50 | 3.44 | 1.35 |
| P/E Pre IPO | 12.31 | ||
| P/E Post IPO | 16.71 |
Financial Details In Crores
| Period Ended | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| Assets | 86.99 | 42.78 | 42.68 |
| Total Income | 56.74 | 40.63 | 34.73 |
| Profit After Tax | 8.94 | 3.17 | 1.25 |
| EBITDA | 15.23 | 6.67 | 4.05 |
| Net Worth | 45.43 | 10.74 | 7.57 |
| Reserves and Surplus | 31.77 | 6.13 | 2.96 |
| Total Borrowing | 17.3 | 14.02 | 13.64 |
Peer Comparision (Valuation)
| Company | P/E (x) | CMP*(₹) | Face value (₹) |
|---|---|---|---|
| L. T. Elevator Ltd. | - | - | 10 |
| Aaron Industries Limited | 43.54 | 342.2 | 10 |
Peer Comparision (Financial Performance)
| Company | NAV/Share (₹) | RoNW (%) | EPS (Basic) (₹) |
|---|---|---|---|
| L. T. Elevator Ltd. | 33.24 | 19.68% | 8.50 |
| Aaron Industries Limited | 41.08 | 19.14% | 7.86 |
About Company
Incorporated: August 2008
Business: Provides elevator system solutions including manufacturing, installation, commissioning, EPC, O&M, and annual maintenance, operating under a “Customer First Philosophy.”
Products & Services: Innovative modular elevators, advanced engineering, 24/7 service support, in-house testing lab, and sustainable manufacturing practices.
Manufacturing Facility: Located at Chakchata, West Bengal; capacity of ~800 elevators annually.
Strength
Modern Manufacturing Facility – Equipped with latest machinery, producing ~800 elevators annually with strong quality control and R&D.
Experienced & Skilled Workforce – 319 employees with technical expertise and proven industry knowledge.
Strong Brand & Product Portfolio – Recognized for customized elevator solutions, backed by international supplier relationships and 24/7 service support.
Weakness
Single Manufacturing Facility Risk – Any disruption at Chakchata plant may severely impact operations and cash flows.
Legal Proceedings – Ongoing cases involving promoters/directors could adversely affect financial condition if outcomes are unfavorable.
Regulatory Dependence – Failure to obtain/renew necessary licenses, approvals, or permits could hinder business continuity.
L.T. Elevator Latest Announcements
| Date | Subject | Attachment Text |
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L.T. Elevator Financial Results
L.T. Elevator Lead Manager(s)
L.T. Elevator Address
Capricorn Nest 3,
Gobinda
Auddy Road,
Kolkata, West Bengal, 700027
Phone: +913324480447
Email: cs@ltelevator.com
Website: http://www.ltelevator.com/
L.T. Elevator Registrar
L.T. Elevator Reviewers
| Reviewer | Recommendation | File |
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