LT Elevator IPO Date, Review, Price, Allotment Details
The LT Elevator IPO will open on September 8, 2025, and close on September 10, 2025. It is being issued as a Book Built Issue, through which the company aims to raise approximately ₹[.] crores via a fresh issue of ₹[.] crores, along with an offer for sale of up to [.] equity shares, each with a face value of ₹10.
The IPO price band is set between ₹[.] and ₹[.] per share. Allocation is divided as 35% for retail investors, 50% for Qualified Institutional Buyers (QIBs), and 15% for High Net-Worth Individuals (HNIs). The IPO is scheduled to be listed on the BSE SME platform on September 15, 2025, with the allotment expected on September 11, 2025.
Financially, the company reported a revenue of ₹56.74 crores in 2025, up from ₹40.63 crores in 2024. Its profit for 2025 stood at ₹8.94 crores, compared to ₹3.17 crores in 2024. Based on these figures, investors are advised to consider applying for the IPO as a long-term investment.
LT Elevator IPO Details
IPO Open Date: September 8, 2025 IPO Close Date: September 10, 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 DRHP Draft Prospectus: 
LT Elevator IPO Market Lot
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 – ₹-
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 5, 2025 Anchor Investors List Shares Offered 14,36,800 Shares Anchor Size [.] Cr. lock-in period end date 50% shares (30 Days) October 11, 2025 lock-in period end date 50% shares (90 Days) December 10, 2025
LT Elevator IPO Dates
The LT Elevator IPO opens on September 8 and closes on September 10. The allotment is scheduled for September 11, with the IPO expected to be listed on September 15.
IPO Open Date: September 8, 2025 IPO Close Date: September 10, 2025 Basis of Allotment: September 11, 2025 Refunds: September 12, 2025 Credit to Demat Account: September 12, 2025 IPO Listing Date: September 15, 2025 IPO Bidding Cut-off Time: September 10, 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 -% Investment in subsidiary Park Smart Solutions Limited,
for funding of its working capital requirement8.80 -% General corporate purposes – -%
About the LT Elevator IPO
Founded in August 2008, L.T. Elevator Limited is a leading provider of high-quality elevator system solutions. The company specializes in the manufacturing, installation, commissioning, and maintenance of elevators, following a customer-first approach. Its modern facility in West Bengal has a production capacity of 800 elevators per year.
L.T. Elevator’s product portfolio includes passenger, goods, hospital, and home elevators, available in both manual and automatic variants. The company has a presence in major cities such as Bhubaneswar, Delhi, Patna, and Guwahati, and is also participating in smart city projects in Silchar and Imphal. Its key clients include residential complexes, commercial buildings, malls, and public-sector units like railways. With ISO 14001:2015 certification and in-house R&D and testing, the company ensures safety and energy efficiency. Currently, L.T. Elevator employs 319 people.
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/Earning 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/