L. T. Elevator Ltd IPO

LISTED
SME

NSE • Lot Size: 1600 • Capital Goods-Non Electrical Equipment

Issue78
Listed88.69+14%
Now233.2+199.0%
199.0%

*Last updated on 11 Jan 2026

Price Band

₹76 - ₹78

Lot Size

1600

Issue Size

₹39.37 Cr

GMP

N/A

Subscription

182.95x

Analyzing...

IPO Schedule

1

Open

12 Sept 2025

2

Close

16 Sept 2025

3

Allotment

17 Sept 2025

4

Listing

19 Sept 2025

About L. T. Elevator Ltd

L. T. Elevator Ltd. is an SME focused on elevator installation, maintenance, and modernization services. They primarily cater to residential and commercial buildings.

Key Strengths

  • Established presence in the elevator services market.
  • Focus on recurring revenue streams through maintenance contracts.
  • Experienced management team.
  • Growing demand for elevator services in developing regions.
  • SME listing can provide higher growth potential.

Risk Factors

  • High competition in the elevator industry from larger players.
  • Dependence on economic conditions and construction activity.
  • Lack of publicly available financial data (ROE, P/E) makes valuation challenging.

Valuation Analysis

Due to the unavailability of key financial metrics like ROE and P/E, a comprehensive valuation analysis is difficult. Investors should carefully consider the industry dynamics and growth prospects before investing.

IPO Details

ExchangeNSE
SegmentSME
NSE SymbolLTELEVATOR
Face Value10
Lot Size1600
Issue Size₹39.37 Cr

Key Metrics

ROE19.5
ROCE23.3
P/E Ratio27.5
Industry P/E20
Debt/Equity0.4

Growth & Quality

Revenue Growth (YoY)22.9%
Anchor Investors12

Subscription

Total0.68x
Imbalance Ratio7.1x

Documents

Registrar

Cameo Corporate Services Ltd.

Key Dates

Open Date12 Sept 2025
Close Date16 Sept 2025
Allotment17 Sept 2025
Listing19 Sept 2025