LT Elevator IPO Date, Review, Price, Details

LT Elevator Limited is planning to launch its IPO as a Book Built Issue on the BSE SME platform in 2025, aiming to raise funds through both a fresh issue and an offer for sale of equity shares with a face value of ₹10 each. The exact price band, open and close dates, lot size, total funds to be raised, and listing date are yet to be disclosed by the company and relevant exchanges. However, it is confirmed that 35% of the IPO is reserved for retail investors, 50% for QIBs, and 15% for HNIs.

Financially, LT Elevator demonstrated growth, reporting a revenue of ₹40.63 crores in FY 2024 versus ₹34.73 crores in FY 2023, with net profits rising from ₹1.25 crores to ₹3.17 crores over the same period.

LT Elevator Limited is planning to launch its IPO as a Book Built Issue on the BSE SME platform in 2025, aiming to raise funds through both a fresh issue and an offer for sale of equity shares with a face value of ₹10 each. The exact price band, open and close dates, lot size, total funds to be raised, and listing date are yet to be disclosed by the company and relevant exchanges. However, it is confirmed that 35% of the IPO is reserved for retail investors, 50% for QIBs, and 15% for HNIs.

LT Elevator IPO Market Lot Size

The LT Elevator IPO minimum market lot is [.] shares with ₹[.] application amount.

Application

Lot Size

Shares

Amount

Retail Minimum

2

₹-

Retail Maximum

2

₹-

S-HNI Minimum

3

₹-

LT Elevator IPO Details

IPO Open Date:

2025

IPO Close Date:

2025

Face Value:

₹10 Per Equity Share

IPO Price Band:

₹[.] to ₹[.] Per Share

Issue Size:

Approx ₹[.] Crores

Fresh Issue:

Approx ₹[.] Crores

Offer for Sale:

Approx [.] Equity Shares

Lot Size:

[.] Shares

Issue Type:

Book Built Issue

IPO Listing:

BSE SME

Retail Quota:

Not more than 35%

QIB Quota:

Not more than 50%

NII Quota:

Not more than 15%

LT Elevator IPO Valuation – FY2024 (KPI)

Check LT Elevator IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

KPI

Values

ROE:

34.65%

ROCE:

45.97%

EBITDA Margin:

16.61%

PAT Margin:

7.90%

Debt to equity ratio:

0.03

Earning Per Share (EPS):

₹3.44 (Basic)

Price/Earning P/E Ratio:

N/A

Return on Net Worth (RoNW):

34.65%

Net Asset Value (NAV):

₹23.30

LT Elevator IPO Company Financial Report

In the financial year 2024, the company achieved a revenue of ₹40.63 crores, marking a rise from ₹34.73 crores recorded in 2023. Net profit also grew significantly, reaching ₹3.17 crores in 2024 compared to ₹1.25 crores in the previous year, all figures stated in crores of rupees.

Period Ended

Revenue

Expense

Profit After Tax

Assets

2022

₹25.30

₹25.77

₹0.43

₹38.18

2023

₹34.73

₹32.99

₹1.25

₹42.68

2024

₹40.63

₹36.06

₹3.17

₹42.78

December 2024

₹31.78

₹27.27

₹2.96

₹86.58

LT Elevator IPO Dates

The LT Elevator IPO date is 2025 and the close date is 2025. The LT Elevator IPO allotment will be finalized on 2025 and the IPO listing on 2025.

IPO Open Date:

2025

IPO Close Date:

2025

Basis of Allotment:

2025

Refunds:

2025

Credit to Demat Account:

2025

IPO Listing Date:

2025

Promoters of LT Elevator IPO

The promoters of the company are Arvind Gupta, Usha Gupta and Yash Gupta.

About LT Elevator IPO

To be updated soon

Peer Group Comparison

Company

EPS

PE Ratio

RoNW %

NAV

Income

Aaron Industries Limited

6.04

46.30

17.66

35.68

63.23 Cr.

Objects of the IPO
  • Funds will be deployed to meet the working capital requirements of the company.

  • Investment will be made in the subsidiary, Park Smart Solutions Limited, to support its working capital needs.

  • A portion of the IPO proceeds will also be allocated for general corporate purposes.

Merchant Bankers
  • Horizon Management Pvt.Ltd.
Company Address

L.T.Elevator Ltd.
Capricorn Nest 3,
Gobinda
Auddy Road,
Kolkata, West Bengal, 700027
Phone: +913324480447
Email: [email protected]
Website: http://www.ltelevator.com/

Add Your Heading Text Here

Cameo Corporate Services Ltd.
Phone: +91-44-28460390
Email: [email protected]
Website: https://ipo.cameoindia.com/

Check Grey market premium at below 

(GMP)

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