L.T. Elevator IPO GMP & Review: Apply or Avoid?

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L.T. Elevator IPO is open for bidding from 12th September 2025 to 16th September 2025. It is a bookbuilding IPO of ₹39.37 crore, comprising a fresh issue of 0.50 crore shares. The problem will be listed on BSE and SME on its tentative listing date, 19th September 2025.

L.T. Elevator IPO Details 

The L.T. Elevator IPO date is fixed between 12th September 2025 and 16th September 2025. The face value of L.T. Elevator IPO shares stands at ₹10 per share, and the IPO price is set at ₹76.00 to ₹78.00 per share.

Cameo Corporate Services Limited is the registrar of the L.T. Elevator IPO and is responsible for managing the allotment process and initiating refunds. Check out the latest IPO details in the table below. 

L.T. Elevator IPO Share Reservation

L.T. Elevator IPO is a bookbuilding IPO of ₹39.37 crores, comprising a fresh issue of 0.50 crore shares of L.T. Elevator , which will be listed on the BSE and SME. Furthermore, SEBI has specified the share reservation criteria for different investor categories. 

L.T. Elevator IPO GMP Grey Market Premium

GMP is the gap between the price band of the issue and the price at which company shares are currently trading in the grey market. Do you want to get live updates on the L.T. Elevator IPO? If yes, then you’ve reached the right spot. Check the table below to learn about the GMP trends.

As of 9th September 2025, L.T. Elevator IPO GMP stands at ₹0 per share, which means the share will likely show a listing at ₹78 on its tentative listing date, 19th September 2025.

GMP data is subject to change based on market trends and sentiments. You should check the live GMP status before applying for the L.T. Elevator IPO GMP. Stay informed with Univest to know about real-time insights on IPOs and their GMP trends. 

L.T. Elevator IPO GMP Review

Check out the detailed L.T. Elevator  GMP IPO review for a thorough understanding of its potential to report listing gains on 18th September 2025. The L.T. Elevator IPO review below will help you invest effectively to avoid significant losses. Explore more to make informed investment decisions on this IPO. 

Financial Health

Assess a company’s financial performance to know about its ability to sustain a competitive edge. Thus, it is essential to understand the growth margins and declines of the business’s financials before applying for the L.T. Elevator IPO.

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.

L.T. Elevator  Limited’s IPO has shown consistent revenue growth, indicating that the company is financially stable. Moreover, brokers, investors, and RAs have a positive outlook for the L.T. Elevator IPO, with its tentative listing day set for 19th September 2025.  

Technical Analysis

Several technical indicators are available to assess a company’s potential to deliver returns. Use the parameters mentioned below to analyse the technical aspects of the L.T. Elevator IPO.

The P/E ratio of L.T. Elevator  Limited’s share is 12.31, and its Earnings Per Share (EPS) stands at 6.34. Thus, the L.T. Elevator  Limited IPO is expected to deliver gains on its tentative listing date, 19th 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. Explore the table below to get post-issue updates on these two metrics. 

L.T. Elevator  Limited IPO Peer Comparison

L.T. Elevator IPO Subscription Status

The L.T. Elevator IPO is to be opened for bidding on 11th September 2025. The subscription status for this IPO is yet to be announced. Stay informed on this passage to check the live L.T. Elevator IPO subscription status. 

About L.T. Elevator  Limited

L.T. Elevator  Limited was established 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.

L.T. Elevator  Limited Financials

The company’s financial analysis is crucial before applying for the L.T. Elevator IPO. Refer to the table to learn about L.T. Elevator  Limited’s financials. 

Explanation

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.

L.T. Elevator IPO Bidding Requirements

Investors can bid for a minimum of 3,200 shares and in multiples of 1,600 shares thereof. The following table represents the minimum and maximum investments by individual investors (retail) and HNI in terms of shares and amount.

L.T. Elevator IPO has reserved lot sizes for different investor categories. Look at the table below to see the requirements for applying for this IPO.

Use the lot size calculator to find how many shares you should apply for!

L.T. Elevator IPO Promoter Holding

Take a look at the table below to review the holdings of L.T. Elevator  Limited’s promoters: Rakesh Ashok Markhedkar, Avinash Markhedkar, and Nakul Markhedkar.

Note: The value will be calculated using Equity Dilution = Share Holding Pre-Issue –  Share Holding Post-Issue.

Aim 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

Should I Invest in the L.T. Elevator IPO?

Explore the pros and cons of L.T. Elevator to know whether you should apply or avoid the issue. These pros and cons might help you know about the IPO’s efficiency in delivering profits in the coming decades. 

    Pros of L.T. Elevator IPO

• L.T. Elevator  has strong growth and financial momentum 
• The company has healthy margins and efficiency.
• The company offers an end-to-end solution, including manufacturing, installation, and AMC.

Cons of L.T. Elevator IPO

• The company has no dividend history.
• The company has a high minimum investment barrier.
• The company has a foreign investor restriction and capital gain exposure.

How to Apply for the L.T. Elevator IPO?

Check the steps mentioned below to apply for L.T. Elevator  Limited.

• Step 1: Conduct thorough research on the L.T. Elevator IPO GMP, subscription status, issue size, lot size, and other details. 
• Step 2: Open a demat account on Univest to learn about real-time insights on GMP and subscription status. You can also use your previous demat account by navigating to the IPO section. 
• Step 3: Make a bid for two lots of 3,200 shares worth ₹2,49,600.
• Step 4: You will receive a mandate request after making a bid. Approve the request to proceed further.    

Note: You can apply for the L.T. Elevator IPO from more than one demat account to increase your chances of allotment. 

How to Check L.T. Elevator IPO Allotment Status?

You can check whether the L.T. Elevator IPO allotment has been completed in different ways. These include NSE and the registrar portal. Look at the steps mentioned below to check your allotment status online.

Check On BSE

• Visit the BSE Official Website.
• Navigate to the IPO Allotment Section. 
• Select Equity as the issue type. 
• Choose the L.T. Elevator IPO.  
• Choose whether to proceed with the PAN number or the application number. 
• Submit your details to get the allotment status online. 

Check On the Registrar Portal

• Visit the registrar portal.
• Click on the allotment option.
• Fill in the required details.
• Click on the submit button to know your L.T. Elevator IPO allotment status.

Let’s Wrap

L.T. Elevator IPO is a bookbuilding issue of shares worth ₹39.37 crores. The shares of L.T. Elevator  Limited will be listed on BSE and SME on its tentative listing date of 19th September 2025. Researching the L.T. Elevator IPO GMP and reviews is highly suggested to book your ideal profitability. Brokers and investors have highlighted their pros and cons, so one must analyse them and decide accordingly.

Open a demat account on Univest now to initiate your investment journey!

FAQs on L.T. Elevator IPO

How is the L.T. Elevator IPO?

Ans. Currently, on 9th September 2025, the L.T. Elevator IPO GMP (Grey Market Premium) stands at ₹0. It indicates that the estimated listing price could be ₹78 per share. It is a bookbuilding IPO of ₹39.37 crores, comprising a fresh issue of 0.50 crore shares. The face value of each share of L.T. Elevator  Limited is ₹10 per share.

What is the L.T. Elevator IPO price?

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.

Is the L.T. Elevator IPO good?

Ans. 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.

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 Bigshare Services Private Limited at cameo@cameoindia.com or +91-44-28460390.

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

Ans. L.T. Elevator IPO is a bookbuilding IPO for 0.50 crore shares worth ₹39.37 crores. Moreover, the IPO is set to open on 12th September  2025 and will be closed on 16th September 2025. 

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 your research before investing in IPOs to avoid significant losses. You can also consult your financial advisor.

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