L.T. Elevator IPO Listing at 74% Premium at ₹136 Per Share

Posted by : sachet | Fri Sep 19 2025

Check Experts’ Verdicts on L.T. Elevator Limited

L.T. Elevator IPO Listing: The L.T. Elevator IPO was subscribed 182.95 times as of its closing. In this subscription, qualified institutional buyers (QIBs) received 95.10 times the allocation, and non-institutional investors (NIIs) received 356.16 times the allocation. The retail quota of the issue was subscribed to 33.25%. Before delving deeper into the topic, go through the details of the L.T. Elevator IPO.

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L.T. Elevator IPO Listing

On the BSE and SME platforms, shares are listed at ₹136, reflecting a premium of 74% against the issue price of ₹78 per share.

L.T. Elevator IPO Details

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. 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.

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

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 essential before applying for the L.T. Elevator IPO. Refer to the table to learn about L.T. Elevator Limited’s financial information.

Year Ended	31st March 2025 (in cr.)	31st March2024 (in Cr)	31st March 2025 (in Cr)
Assets	86.99	42.78	42.68
Revenue	56.74	40.63	34.73
Profit After Tax	8.94	3.17	1.25
EBITDA	15.23	6.67	4.05
Net Worth	45.43	10.74	7.57
Reserve and surplus	31.77	6.13	2.96
Total Borrowing	17.30	41.02	13.64

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.