l t elevator limited IPO
IPO Overview
L t elevator limited IPO is a SME public issue offered through a Book Building issue with a total issue size of ₹— crores. The IPO price band is set at ₹76 to ₹78 per share, and retail investors can apply with a minimum investment of ₹2.50 L as per IPO guidelines.
The L t elevator limited IPO opens on 12 Sept 2025 and closes on 16 Sept 2025. The IPO allotment is expected to be finalized on 17 Sept 2025, and the equity shares are proposed to be listed on BSE on 19 Sept 2025.
Investors can refer to the L t elevator limited IPO RHP-DRHP for detailed information. The issue is managed by Horizon Management Pvt.Ltd. as the book running lead manager, while Cameo Corporate Services Limited is the registrar to the IPO. Before investing, market participants often review IPO details, valuation, PE ratio, financials, and risk factors.
About Company
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:
Manufacturing plant equipped with the latest machinery and technology to design, manufacture and install its products.
Experienced and technically advanced manpower.
Strong brand recognition and reputation for excellence in manufacturing of customized elevators.
Wide range of products offered.
Strong relationship with international suppliers of raw materials.
Well-equipped R&D and quality control process.
Investment Objective
Investment in subsidiary Park Smart Solutions Limited, for funding of its working capital requirement
General corporate purposes