Lapl Automotive IPO

Incorporated in 2004, LAPL Automotive Pvt. Ltd., is engaged in the business of designing, manufacturing and supplying a wide range of automotive components and accessories. The company specialises in the manufacturing of automotive lighting and signalling products. The company operates as an ODM and OBM under its brand "LAPL," designing and manufacturing automotive components in Aurangabad, Maharashtra, delivering tailored, high-quality solutions to clients and vehicle manufacturers. The manufacturing facility is strategically located in the MIDC Waluj area of Aurangabad, Maharashtra, equipped with state-of-the-art machinery, tool room facilities, and a dedicated testing lab to ensure the highest quality standards. Product Portfolio: Under lighting Division: They manufacture essential automotive lighting components like tail lamps, blinker lamps, and headlamps, meeting AIS standards for safety, visibility, and durability in various driving conditions. Under Motor Division: They manufacture starter motors, wiper motors, and rotors, ensuring durability, efficiency, and compliance with standards for reliable performance in two- and three-wheelers under various conditions. Under Mirror Division: They manufacture rear-view mirrors for two- and three-wheelers, offering clear visibility, durability, and anti-glare features, designed for safety, aerodynamic efficiency, and easy installation. As on f March 31, 2026, the company has employed 59 permanent employees and 151 contract labour employees. Competitive Strengths: Experienced promoters and management team Established market setup and diversified product range. In-house manufacturing capabilities with quality standards. Serving a wide spectrum of vehicle segments Stable customer base and customer relationships.

Funding of capital expenditure requirements of the company towards setting up an additional Manufacturing Unit at Auric City, Aurangabad, Maharashtra. Full or part repayment and/or prepayment of certain outstanding secured borrowings availed by the Company General Corporate Purposes