L.T. Elevator Limited
ListedSMEIndustrials / Engineering · BSE
L. T. Elevator Limited, incorporated in August 2008, provides complete elevator system solutions with a strong focus on quality, service, and technical expertise. The company is engaged in manufacturing, installing, commissioning, and maintaining elevators, while also offering EPC (engineering, procurement, and construction) and O&M (operations and maintenance) services under its “Customer First” philosophy. Its product range includes elevators, manual elevators, and semi-automatic elevators, designed with innovative modular features and backed by 24/7 service support. With an in-house testing lab managed by qualified professionals, the company ensures strict quality checks and integrates technology with professional management to deliver efficient and reliable solutions. Its manufacturing facility in Chakchata, West Bengal, has the capacity to produce 800 elevators annually, equipped with modern machinery, sustainable practices, and an innovation-driven approach. As of March 31, 2025, the company employed 319 people.
Price Band
₹76 – ₹78
Issue Size
₹39.37 Cr
Lot Size
1600 shares
GMP
₹45
+57.7%
Est. Listing
₹123
at current GMP
Subscribed
183.07x
overall
Open
12 Sep 2025
Close
16 Sep 2025
Allotment
17 Sep 2025
Refund
18 Sep 2025
Demat Credit
19 Sep 2025
Listing
19 Sep 2025
Last updated 11 months ago
Overall Subscription
183.07x
Total Demand
QIB Multiplier
95.10x
Institutions & Funds
NII / HNI
356.52x
High Net-Worth
Retail (RII)
158.98x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 960,000 | 91,292,800 | 95.10x |
| NIB | 720,000 | 256,696,000 | 356.52x |
| HNIs(10L +) | 480,000 | 205,862,400 | 428.88x |
| HNIs (2-10L) | 240,000 | 50,833,600 | 211.81x |
| RETAIL | 1,678,400 | 266,835,200 | 158.98x |
| Total | 4,078,400 | 871,520,000 | 183.07x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| QIB | — | 84 | 0.00x |
| NIB | — | 23,528 | 0.00x |
| RETAIL | 525 | 83,386 | 158.83x |
| HNIs(10L +) | 100 | 13,882 | 138.82x |
| HNIs (2-10L) | 50 | 9,646 | 192.92x |
| Total Applications | 675 | 130,526 | 193.37x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
About L.T. Elevator Limited Public Issue & Market Profile
L.T. Elevator Limited is bringing an initial public offering (IPO) in the Industrials / Engineering sector with an aggregate issue size of ₹39.37 Crores. The shares are offered at a price band of ₹76 to ₹78 per equity share on BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
Bidding & Quota Instructions:
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Allotment Reconciliation Schedule:
Following the close of bidding on 2025-09-16, the basis of allotment is scheduled to be finalized on 2025-09-17. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Cameo Corporate Services Limited) or the BSE allotment checking window.
Frequently Asked Questions
What is L.T. Elevator Limited IPO GMP today?
The latest Grey Market Premium (GMP) for L.T. Elevator Limited IPO is ₹45 per equity share. Based on the upper price band of ₹76 to ₹78 per equity share, the estimated listing price is ₹123 (+57.7% expected listing gain).
What is the expected profit per lot for L.T. Elevator Limited IPO?
With a lot size of 1600 shares and current GMP of ₹45, the expected profit per application lot is approx ₹72,000 (+57.7% gain). Minimum application cost is approx ₹1,24,800.
What is the issue size and price band for L.T. Elevator Limited IPO?
The L.T. Elevator Limited IPO aggregate issue size is ₹39.37 Crores with an equity price band set at ₹76 to ₹78 per equity share. The retail lot size is 1600 shares requiring a minimum capital outlay of approx. ₹1,24,800.
How can I check L.T. Elevator Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 183.07x (Retail: 158.98x, QIB: 95.10x, NII: 356.52x). You can track live multiples directly on our dedicated subscription page.
Where and when will L.T. Elevator Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Cameo Corporate Services Limited) and the BSE status verification website on or around 2025-09-17. Investors can verify status using PAN card or application number.
When is the listing date for L.T. Elevator Limited IPO?
L.T. Elevator Limited shares are scheduled to list on BSE on 2025-09-19.