| IPO Listing At | BSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹39.37 Cr |
| Reserved for Market Maker | ₹1.97 Cr |
| Net Issue Size | ₹39.37 Cr |
| Fresh Issue | ₹37.40 Cr |
| Face Value | โน10 Per Equity Share |
| Price Band | โน76.00-78.00 per share |
| BSE Code | 544518 |
| Registrar | Cameo Corporate Services Ltd. |
| Lead Managers | Horizon Management Pvt.Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 3,200 shares ยท Multiples of 1,600 shares
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.
Competitive Strength:
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Working Capital Requirements | 20.00 |
| 2 | Investment in subsidiary Park Smart Solutions Limited, for funding of its working capital requirement | 8.80 |
| 3 | General corporate purposes | 5.90 |
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 86.99 | 42.78 | 42.68 |
| Total Income | 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 |
| Reserves and Surplus | 31.77 | 6.13 | 2.96 |
| Total Borrowing | 17.30 | 14.02 | 13.64 |
| Amount in ₹ Crore | |||
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 20.52% |
| ROCE | 30.50% |
| Debt / Equity | 0.38% |
| RoNW | 19.68% |
| PAT Margin | 15.82% |
| EBITDA Margin | 26.94% |
| Price to Book Value | 2.35 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 6.34 | 4.67 |
| P/E (x) | 12.31 | 16.71 |
| Promoter Holding | 85.14% | 62.71% |
| Market Cap | โน149.47 Cr. | |