IPO - Initial Public Offerings

 LTELEVATOR

  

L.T.ELEVATOR LTD. IPO

12 Sep, 10:00 AM

Issue Open

16 Sep, 05:00 PM

Issue Close

1600

Lot Size

₹ 76.00 – ₹ 78.00

Price Range

IPO Issue Details

Issue size 39.37 Cr
Market Price 78.00
Registrar Cameo Corporate Services Ltd
Face Value RS.10 /- Per share
Listing at BSE

About

L.T.ELEVATOR LTD. IPO
Incorporated in August 2008, L. T. Elevator Limited provides quality Elevator system solutions, focusing on superior service, engineering, and technical solutions. The company offers comprehensive solutions, including elevator manufacturing, installation, commissioning, and annual maintenance. L.T. Elevator provides EPC (engineering, procurement, construction) and O&M (operations, maintenance) services, operating under a "Customer First Philosophy." The company offers a product line with innovative modular design, advanced engineering, and 24/7 service support. The company has an in-house testing lab for quality checks supervised by qualified personnel. They integrate professional management with technology for enhanced performance, industry expertise, and proven experience to best serve our customers. Product Portfolio: 1. Elevators 2. Manual elevators 3. Semi-Automatic elevators The company's manufacturing facility is situated in Chakchata, West Bengal. The manufacturing facility produces 800 elevators annually, equipped with modern equipment, ensuring quality control, following sustainable practices, and serving as an innovation hub. As of March 31, 2025, the Company has 319 employees on payroll.

IPO Lot Size

Category Lots Shares Amount
Retail (Min) 2 3200 ₹ 2,49,600.00
Retail (Max) 2 3200 ₹ 2,49,600.00
S-HNI (Min) 3 4800 ₹ 3,74,400.00
S-HNI (Max) 8 12800 ₹ 9,98,400.00
B-HNI (Min) 9 14400 ₹ 11,23,200.00

IPO TimeLine

Open Date 12-Sep-2025
Close Date 16-Sep-2025
Basis of Allotment Date 17-Sep-2025
Initiation of Refunds 18-Sep-2025
Credit Shares to Demat A/c 18-Sep-2025
IPO Listing Date 19-Sep-2025