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LAPL Automotive IPO

LAPL Automotive IPO

smelisted
Registrar: Maashitla Securities Private Limited · Listing 2026-08-13
IPO Timeline
Today · 20 Oct 2026
Opens
06 Aug 2026
Closes
10 Aug 2026
Allotment
11 Aug 2026
Refund
12 Aug 2026
Demat
12 Aug 2026
Listing
13 Aug 2026
Price Band
₹88–94
GMP
₹0
0%
Lot Size
1200 Shares
Min ₹112,800
Subscription
400.25x
Issue Size
₹32 Cr
Open
2026-08-06
Close
2026-08-10
Listing
2026-08-13

About the company

LAPL Automotive is an integrated automotive parts manufacturer that functions through two complementary business models called Original Design Manufacturing (ODM) and Original Brand Manufacturing (OBM), having a diversified range of products, including automotive lighting systems, mirrors and plastic injection moulding products, targeting OEMs in passenger cars, commercial vehicles, two-wheelers and electric mobility segments. The company provides customised LED lighting products through its testing facility, where it carries out environmental, tensile, flammability, voltage control, endurance and drop tests according to Automotive Indian Standards. The company's manufacturing division consists of four different divisions and after-sales services as follows: Lighting (blinkers, headlights, taillights, indicators, DRL, reflectors and all other accessories), Motor (starter motor, rotor, wiper motor and stator of two- and three-wheelers), Mirror (rear-view mirror with antiglare and abrasion-resistant properties) and Hoods & other accessories (soft canopies, BLDC fans, chargers and bottle holders). In terms of business verticals, the contribution of the ODM business was 77.9%, and that of OBM vertical was 22.1% in FY26. The Motor division contributes the most at 59.3% of revenue in FY26. It is followed by the Lighting division, which contributed 34.1% of revenue in FY26. The Mirror division, hoods, and accessories contribute 6.5% in FY26. Geographically, Maharashtra contributes 86.2% of revenue in FY26, followed by Madhya Pradesh at 4.8% and Gujarat at 2.9%.

Strengths

    Risks

      Financial performance (₹ Cr)

      Subscription breakup (final, times)

      Retail7.12x
      QIB0x
      NII12.62x
      EMP0x
      OTHER0x
      Total5.22x

      IPO Roadmap / Timeline

      Current Status · as of 20 Oct 2026
      Listed
      Listed on 13 Aug 2026
      Listed 68 days ago
      1. IPO Opens

        Completed
        06 Aug 2026

        Bidding starts for all investor categories

      2. IPO Closes

        Completed
        10 Aug 2026

        Last day to place your bid

      3. Basis of Allotment

        Completed
        11 Aug 2026

        Share allotment finalised

      4. Refund Initiation

        Completed
        12 Aug 2026

        Refunds credited for non-allottees

      5. Credit to Demat

        Completed
        12 Aug 2026

        Allotted shares credited to demat account

      6. Listing on Exchange

        Completed
        13 Aug 2026

        Shares list on NSE / BSE

      Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.

      Lot size & minimum investment

      Lot Size
      1200 shares
      Price / Share (upper)
      ₹94
      Min Investment (1 lot)
      ₹112,800
      Price Band
      ₹88–94
      Retail / Individual
      1 lot only
      Min lots
      1
      Min shares
      1200
      Min amount
      ₹112,800
      Max amount
      ₹112,800
      HNI
      Min 2 lots
      Min lots
      2
      Min shares
      2400
      Min amount
      ₹225,600
      Max amount
      ₹225,600

      Shares reserved per category & allotment probability

      QIB
      100% allotment
      Reservation
      50%
      Amount
      ₹16 Cr
      Shares offered
      1,758,242
      Shares bid
      0
      Subscribed
      0.00x
      NII
      7.9% allotment
      Reservation
      15%
      Amount
      ₹4.8 Cr
      Shares offered
      527,473
      Shares bid
      6,656,709
      Subscribed
      12.62x
      Retail
      14% allotment
      Reservation
      35%
      Amount
      ₹11.2 Cr
      Shares offered
      1,230,769
      Shares bid
      8,763,075
      Subscribed
      7.12x

      Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).