LT Elevator IPO Date, Review, Price, Allotment Details
The LT Elevator IPO will open on September 12, 2025, and close on September 16, 2025. It is a Book Built Issue through which the company aims to raise approximately ₹39.37 crores, consisting entirely of a fresh issue, along with an offer for sale of up to [.] equity shares, each having a face value of ₹10.
The IPO price band has been fixed at ₹76 to ₹78 per share. The allocation is divided as follows: 35% for retail investors, 50% for QIBs, and 15% for HNIs. The IPO allotment will be finalized on September 17, 2025, and the company’s shares will be listed on the BSE SME platform on September 19, 2025.
Financially, LT Elevator posted a revenue of ₹56.74 crores in 2025, up from ₹40.63 crores in 2024, and a profit of ₹8.94 crores in 2025 compared to ₹3.17 crores in 2024. Based on these strong numbers, the IPO is considered a good option for long-term investment.
LT Elevator IPO Details
IPO Open Date: September 12, 2025 IPO Close Date: September 16, 2025 Face Value: ₹10 Per Equity Share IPO Price Band: ₹76 to ₹78 Per Share Issue Size: Approx ₹39.37 Crores Fresh Issue: Approx ₹39.37 Crores Lot Size: 1,600 Shares Issue Type: Book Built Issue IPO Listing: BSE SME DRHP Draft Prospectus: 
LT Elevator IPO Market Lot
The LT Elevator IPO minimum market lot is 3,200 shares with ₹2,49,600 application amount.
Application Lot Size Shares Amount Retail Minimum 2 3,200 ₹2,49,600 Retail Maximum 2 3,200 ₹2,49,600 S-HNI Minimum 3 4,800 ₹3,74,400 S-HNI Maximum 8 12,800 ₹9,98,400 B-HNI Minimum 9 14,400 ₹11,23,200
IPO Reservation
Investor Category Share Offered % Shares Market Maker 2,52,800 Shares 5.01% QIB Shares Offered 23,96,800 Shares 47.48% Anchor Investor 14,36,800 Shares 28.46% QIB (Ex. Anchor) 9,60,000 Shares 19.02% NII Shares Offered 7,20,000 Shares 14.26% Retail Shares Offered 16,78,400 Shares 33.25% Total Shares Offered 50,48,000 Shares 100.00%
LT Elevator IPO Anchor Investors
Anchor Bidding Date September 11, 2025 Anchor Investors List Shares Offered 14,36,800 Shares Anchor Size 11.21 Cr. lock-in period end date 50% shares (30 Days) October 17, 2025 lock-in period end date 50% shares (90 Days) December 16, 2025
LT Elevator IPO Dates
The LT Elevator IPO opens on September 12 and closes on September 16. The allotment is scheduled for September 17, with the IPO expected to be listed on September 19.
IPO Open Date: September 12, 2025 IPO Close Date: September 16, 2025 Basis of Allotment: September 17, 2025 Refunds: September 18, 2025 Credit to Demat Account: September 18, 2025 IPO Listing Date: September 19, 2025 IPO Bidding Cut-off Time: September 16, 2025 – 5 PM
Promoters and Holding Pattern
The promoters of the company are Arvind Gupta, Usha Gupta, and Yash Gupta.
Particular Shares % Share Promoter Holding Pre-Issue 1,41,15,055 85.14% Promoter Holding Post Issue 1,91,63,055 62.71%
Objects of the Issue & Utilisation of Proceeds
Purpose Crores % Working Capital Requirements 20.00 50.80% Investment in subsidiary Park Smart Solutions Limited,
for funding of its working capital requirement8.80 22.35% General corporate purposes 10.57 26.84%
About the LT Elevator IPO
L. T. Elevator Limited, established in August 2008, is a leading provider of advanced elevator system solutions. The company specializes in the manufacturing, installation, commissioning, and maintenance of elevators, operating with a strong customer-centric approach. Its modern facility in West Bengal has an annual production capacity of 800 elevators.
The company’s product portfolio includes passenger, goods, hospital, and home elevators, available in both manual and automatic variants. L. T. Elevator has a presence in key cities such as Bhubaneswar, Delhi, Patna, and Guwahati, while also contributing to smart city projects in Silchar and Imphal. Its client base spans residential complexes, commercial buildings, malls, and public-sector units like Indian Railways. With ISO 14001:2015 certification, along with in-house R&D and testing facilities, the company ensures high standards of safety and energy efficiency. Currently, it employs a workforce of 319 professionals.
LT Elevator IPO Company Financial Report
The company’s revenue rose to ₹56.74 crores in 2025 from ₹40.63 crores in 2024. Its profit also increased to ₹8.94 crores in 2025, up from ₹3.17 crores in 2024.
Amount ₹ in Crores
Period Ended Revenue Expense PAT Assets 2023 ₹34.73 ₹32.99 ₹1.25 ₹42.68 2024 ₹40.63 ₹36.06 ₹3.17 ₹42.78 2025 ₹56.74 ₹44.22 ₹8.94 ₹86.99
LT Elevator IPO Valuation – FY2025
Check the LT Elevator IPO valuations detail like Earnings Per Share (EPS), Price/Earnings P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
KPI Values ROE: 20.52% ROCE: 30.50% EBITDA Margin: 26.94% PAT Margin: 15.82% Debt to equity ratio: 0.86 Earning Per Share (EPS): ₹8.50 (Basic) Price/Earnings P/E Ratio: N/A Return on Net Worth (RoNW): 19.68% Net Asset Value (NAV): ₹33.24
Peer Group Comparison
Company EPS PE Ratio RoNW % NAV Income Aaron Industries Limited 7.86 43.54 19.14% 41.08 77.93 Cr.
IPO Lead Managers aka 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: cs@ltelevator.com
Website: http://www.ltelevator.com/
IPO Registrar
Cameo Corporate Services Ltd.
Phone: +91-44-28460390
Email: ipo@cameoindia.com
Website: https://ipo.cameoindia.com/