L. T. Elevator Ltd
Price Range
₹76 - ₹78
-
Min. Quantity
3,200 Shares
Closes on
16 September 2025
-
Min. investment
₹2,49,600
L. T. Elevator Ltd IPO Timeline
L.T. Elevator Limited was incorporated on August 27, 2008 as a private limited company as L. T. Elevator Private Limited', by a certificate of incorporation dated August 27, 2008 issued by the Deputy Registrar of Companies, Kolkata. The Company acquired the proprietorship concern, 'L. T. Engineering' along with all assets, liabilities and business in 2014. Further, Company was converted into a public limited company and the name of Company was changed to L. T. Elevator Limited'. A fresh certificate of incorporation dated July 16, 2024 was issued by the Registrar of Companies, Central Processing Centre.
Event | Date |
---|---|
L. T. Elevator Ltd IPO Opening Date | 12 September 2025 |
L. T. Elevator Ltd IPO Closing Date | 16 September 2025 |
Basis of Allotment | 17 September 2025 |
Initiation of Refunds | 18 September 2025 |
Credit of Shares to Demat | 18 September 2025 |
L. T. Elevator Ltd IPO Listing Date | 19 September 2025 |
L. T. Elevator Ltd IPO Details
L. T. Elevator Ltd IPO Date | 12 September 2025 to 16 September 2025 |
L. T. Elevator Ltd IPO Face Value | ₹10 per share |
L. T. Elevator Ltd IPO Price | ₹76 to ₹78 per share |
L. T. Elevator Ltd IPO Lot Size | 3,200 |
Issue Size | Shares of ₹10 (aggregating up to ₹38.36 Cr) |
Fresh Issue | Shares of ₹10 (aggregating up to ₹39.37 Cr) |
Offer for Sale | - |
Issue Type | Book Building - SME |
Listing At | BSE - SME |
QIB Shares Offered | Not more than 9,60,000 of the Net Offer |
Retail Shares Offered | Not less than 16,78,400 of the Net Offer |
NII (HNI) Shares Offered | Not less than 9,72,800 of the Net Offer |
Company Promoters | Arvind Gupta, Usha Gupta, Yash Gupta |
L. T. Elevator Ltd IPO Lot Size
The L. T. Elevator Ltd IPO lot size is 3,200 shares. A retail-individual investor can apply for up to 0 lots (0 shares or ₹0).
Application | Lots | Shares | Amount |
---|---|---|---|
Minimum | 1 | 3,200 | ₹2,49,600 |
Maximum | - | 0 | ₹0 |
- Strengths
- Risks
- Opportunities
- One of the leading companies in elevators and vertical transportation.
- Geographical presence and strategic location of our manufacturing unit.
- Quality Assurance and Quality Control of our products.
- Strong, cordial & long-term relationship with our customers.
- Cost effective production and timely fulfilment of orders.
- Well experienced management team with proven project management and implementation skills.
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Working Capital Requirements
- Investment in subsidiary Park Smart Solutions Limited, for funding of its working capital requirement
- General corporate purposes(
L. T. Elevator Ltd IPO Promoter Holding
Pre Issue Share Holding | 61.29% |
Post Issue Share Holding | 45.14% |
L. T. Elevator Ltd IPO Subscription Status (Bidding Detail)
The L. T. Elevator Ltd IPO is subscribed 4.32 times on 16 September 2025 05:00:00 PM. The public issue subscribed 6.2974 times in the retail category, 0 times in the QIB category, and 5.1809 times in the NII category. Check Day by Day Subscription Details (Live Status)
Category | QIB | NII | Retail | Employee | Total |
Subscription (times) | - | 5.1809 | 6.2974 | - | 4.32 |
L. T. Elevator Ltd IPO Prospectus
L. T. Elevator Ltd IPO Listing Date
BSE Script | - |
NSE Symbol | - |
Listing In | BSE - SME |
ISIN | INE0TJ801010 |
IPO Price | ₹0 |
Face Value | ₹10 |
Company Contact Information
Capricorn Nest3 Gobinda Auddy Road,Kolkata-700027
Phone: +91 332 448 0447
Email: cs@ltelevator.com
Website: www.ltelevator.com
L. T. Elevator Ltd IPO Registrar
L. T. Elevator Ltd IPO Lead Manager(s)
- Horizon Management Private Limited
FAQ
What is the issue size of L. T. Elevator Ltd IPO?
I have pre-applied for L. T. Elevator Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.