L.T. Elevator IPO GMP: Day 3 IPO Live Updates

Posted by : sachet | Tue Sep 16 2025

Check Expert’s Verdicts on L.T. Elevator IPO

The L.T. Elevator IPO GMP is ₹25 as of 16th September 2025. It is a bookbuilding IPO of ₹39.37 crores. This is an entirely new issue of 0.50 crore shares. The issue will be listed on BSE and SME on its tentative listing date, 19th September 2025. The face value of L.T. Elevator shares stands at ₹10 per share, and the IPO price band is set at ₹76.00 to ₹78.00 per share. Retail investors can bid for a minimum of 2 lots of 3,200 shares worth ₹2,49,600.

Table of Contents

L.T. Elevator IPO Grey Market Premium

As of 15th September 2025, L.T. Elevator IPO GMP stands at ₹25 per share. Thus, the estimated listing price would be ₹103. This indicates that the estimated listing gain in this IPO could be 32.05%. However, GMP details are subject to change based on market conditions and fluctuations. Explore the table for the L.T. Elevator IPO GMP updates.

GMP Date	IPO Price	GMP	Estimated Listing Price	Estimated Listing Gains
16-09-2025	₹78.00	₹25.00	₹103.00	32.05%
15-09-2025	₹78.00	₹25.00	₹103.00	32.05%
14-09-2025	₹78.00	₹22.00	₹100.00	28.21%
13-09-2025	₹78.00	₹10.00	₹88.00	12.82%
12-09-2025	₹78.00	₹10.00	₹88.00	12.82%

L.T. Elevator IPO Details

IPO Open Date	12th September 2025
IPO Close Date	16th September 2025
IPO Allotment Date	17th September 2025
Refund Initiation	18th September 2025
Issue Size	50,48,000 shares(aggregating up to ₹39.37 Cr)
Face Value	₹10 per share
Lot Size	1,600 shares
Issue Price Band	₹76.00 to ₹78.00 per share
Issue Type	Bookbuilding IPO
Listing At	BSE & SME
Listing Date	19th September 2025

Explanation

L.T. Elevator IPO: L.T. Elevator Limited has declared that the issue price band is set at ₹76.00 to ₹78.00 per share. With this IPO, the company allows retail investors to bid for two lots of 3,200 shares worth ₹2,49,600. The face value of L.T. Elevator Limited shares is ₹10 per share. The shares of L.T. Elevator Limited will be listed on BSE and SME on its tentative listing day, 19th September 2025. Scroll down to view GMP updates and reviews of the L.T. Elevator IPO.

Objectives of the L.T. Elevator IPO

The primary aim of the L.T. Elevator IPO is to raise ₹39.37 crores. On the other hand, L.T. Elevator has decided to utilise these funds in different ways. Explore some of the secondary objectives for the L.T. Elevator IPO.

To Working Capital Requirements
To invest in the subsidiary Park Smart Solutions Limited, for funding of its working capital requirements
For general corporate purposes

L.T. Elevator IPO Registrar

Cameo Corporate Services Limited is the registrar of the L.T. Elevator IPO, responsible for managing the allotment procedure and initiating refunds. For any queries regarding the L.T. Elevator allotment and refund, you can contact Cameo Corporate Services Limited at cameo@cameoindia.com or +91-44-28460390.

L.T. Elevator IPO Review

The L.T. Elevator IPO has gained neutral ratings from industry experts, brokers, and institutional investors. L.T. Elevator Limited’s revenue increased by 40% from ₹40.63 crores in March 2024 to ₹56.74 crores in March 2025. Moreover, the company’s PAT rose by 182% from ₹3.17 crores to ₹8.94 crores. Investors can analyse other relevant factors and make a decision accordingly.

Most analysts recommend applying for this IPO to diversify your investment portfolio in the stock market. However, we’re waiting for further ratings to gain a better understanding and will continue to post them to deliver real-time insights. Until then, you can explore the company’s technical analysis to know whether you should apply for the L.T. Elevator IPO or not.

L.T. Elevator Limited Technicals

Key Indicators	Value
PE Ratio (Price-to-Earnings)	12.31
EPS (Earnings Per Share)	6.34
RoNW	19.68%
ROCE	30.50%
ROE	20.52%
EBITDA Margin	26.94%
Price to Book Value	2.35
Market Capitalisation	₹149.47 Cr

The PE ratio of L.T. Elevator Limited shares is 12.31, and its Earnings Per Share (EPS) stands at ₹16.71. Thus, the L.T. Elevator IPO can potentially deliver gains on its tentative listing date, 18th September 2025.

Note: The data, as mentioned above, is taken from authentic sources and highlights pre-issue information. The PE ratio and EPS of L.T. Elevator Limited are subject to change after the IPO. Refer to the table below for post-issue updates on these two metrics.

Indicators	Pre-IPO	Post-IPO
PE Ratio	12.31	16.71
EPS	6.34	4.67

L.T. Elevator Limited IPO Peer Comparison

Company Name	EPS	P/E Ratio	RoNW	Face value	Revenue
L.T. Elevator Industries Limited	8.50	12.31	19.68	₹10	56.74
Aaron Industries Limited	7.86	43.54	19.14	₹10	78.15

FAQs on L.T. Elevator IPO

What is the L.T. Elevator IPO GMP?

Ans. As of 25th September 2025, the L.T. Elevator (Grey Market Premium) stands at ₹25. This indicates that the estimated listing price could be ₹103 per share.

What is the issue price of the L.T. Elevator IPO?

Ans. The L.T. Elevator IPO price is set at ₹76.00 to ₹78.00 per share. Retail investors can apply for a minimum of 2 lots consisting of 3,200 shares worth ₹2,49,600. Moreover, HNIs are required to bid for a minimum of 3 lots (4,800 shares) worth ₹3,74,400.

Who is the registrar of the L.T. Elevator IPO?

Ans. Cameo Corporate Services Limited is the registrar of the L.T. Elevator IPO, responsible for managing the allotment procedure and initiating refunds. For any queries regarding the L.T. Elevator allotment and refund, you can contact Cameo Corporate Services Limited at cameo@cameoindia.com or +91-44-28460390.

Disclaimer: The above information is compiled from authentic sources and is just for informational purposes. To have detailed information about the L.T. Elevator IPO, download the L.T. Elevator IPO RHP and L.T. Elevator IPO DRHP. Conduct thorough research before investing in IPOs to minimise the risk of significant losses. You can also consult your financial advisor.