L.T. Elevator IPO

About the company

L.T. Elevator is engaged in the design, manufacture, installation, and maintenance of vertical elevators, as well as multi-level car parking systems, through its subsidiary, Park Smart Solutions Limited. Automated parking systems accounted for 19.85% of FY25 revenue, maintenance income for 14.16%, while manual elevators and automatic elevators accounted for 16.45% and 56.73% respectively. Elevator capacity utilisation stood at 62%. Most revenue came from West Bengal at 56.79%, while Manipur and Odisha contributed 9.11% and 6.83% respectively. Customers include both government and private sectors. In FY25, private projects made up 64.02% of revenue, while government projects accounted for 35.98%.

Financial performance (₹ Cr)

Subscription breakup (final, times)

IPO Roadmap / Timeline

1. IPO Opens

   Completed
   12 Sept 2025

   Bidding starts for all investor categories

2. IPO Closes

   Completed
   16 Sept 2025

   Last day to place your bid

3. Basis of Allotment

   Completed
   17 Sept 2025

   Share allotment finalised

4. Refund Initiation

   Completed
   18 Sept 2025

   Refunds credited for non-allottees

5. Credit to Demat

   Completed
   18 Sept 2025

   Allotted shares credited to demat account

6. Listing on Exchange

   Completed
   19 Sept 2025

   Shares list on NSE / BSE

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