L. T. Elevator
Open
Open
IPO Closes in
--Days
--Hours
--Minutes
--Seconds
IPO Timeline
Issue open date
12 Sep 2025Issue close date
16 Sep 2025UPI mandate deadline
16 Sep 2025Allotment finalization
17 Sep 2025Refund initiation
18 Sep 2025Share credit
18 Sep 2025Listing date
18 Sep 2025Mandate end date
1 Oct 2025Lock-in end date for anchor investors (50%)
17 Oct 2025Lock-in end date for anchor investors (remaining)
16 Dec 2025IPO Closes in
--Days
--Hours
--Minutes
--Seconds
💸
IPO Subscription Status
| Category | Times | Allotment Chances |
|---|---|---|
| HNIs (Total) | 1.17 | 85.5% |
| bHNI | 1.61 | 62.1% |
| sHNI | 0.28 | 100% |
| QIBs | 0 | - |
| Retail | 0.79 | 100% |
Last updated: 12 September'25 11:11AM
Key Dates
Open
12 Sep 2025Close
16 Sep 2025Listing
18 Sep 2025Quick Stats
Issue Size:39cr
Lot Size:1600 shares
About the Company
L.T. Elevator provides elevator system solutions with focus on service, engineering and technical solutions. The company offers end-to-end solutions from elevator manufacturing, installation, commissioning and servicing under annual maintenance contracts. It provides EPC (engineering, procurement and construction) and O&M (operations and maintenance) services to customers. Park Smart Solutions, their subsidiary, specializes in automated multi-level car parking systems.
Strengths
- Manufacturing plant equipped with the latest machinery and technology to design, manufacture and install its products.
- Experienced and technically advanced manpower.
- Strong brand recognition and reputation for excellence in manufacturing of customized elevators.
- Wide range of products offered.
- Strong relationship with international suppliers of raw materials.
- Well-equipped R&D and quality control process.
Risks
- Manufacturing facility located in a single location creating operational risk
- Dependence on obtaining and renewing various approvals and licences.
- Reliance on stable logistics and transportation infrastructure for operations
- Seasonal and other fluctuations affecting cash flows and business operations
- Outstanding legal proceedings involving the company and directors
- Unsecured loans from related parties repayable on demand affecting cash flows
L. T. Elevator IPO – Frequently Asked Questions
- The price band for the L. T. Elevator IPO is set at ₹76 to ₹78 per share.
- The L. T. Elevator IPO opens on September 12, 2025 and closes on September 16, 2025.
- The tentative listing date for the L. T. Elevator IPO is September 18, 2025.
- You can apply for the L. T. Elevator IPO via your broker or bank using ASBA or UPI. Log in to your trading app (Zerodha, Upstox, Groww, etc.), select IPO section, choose L. T. Elevator, enter lot quantity and UPI ID, then approve the mandate.
- The lot size for the L. T. Elevator IPO is 1600 shares. Investors must apply for at least one lot (i.e., 1600 shares).