LT Elevator IPO: A Detailed Investor's Guide

The stock market is buzzing with the upcoming LT Elevator IPO GMP. This guide covers everything you need to know, from company details to the IPO process, allotment, and the all-important LT Elevator IPO GMP.

Company Profile: LT Elevator Limited

Established in 2008, LT Elevator is a leading Indian company specializing in comprehensive elevator solutions. The company provides everything from manufacturing and installation to maintenance and servicing under annual contracts. They have a strong presence in Eastern India and an integrated production facility in West Bengal.

Their product portfolio is diverse, including passenger, hospital, and car elevators. They also offer multi-level car parking solutions, a growing sector with significant potential. This diversification positions them well in the market.

Key Financial Highlights (as of March 31, 2025):

• Revenue: ₹56.52 crore
• Profit After Tax (PAT): ₹8.94 crore
• Net Worth: ₹45.43 crore
• Return on Net Worth (RoNW): 19.68%

LT Elevator has shown impressive financial growth, with a significant increase in revenue and profit. However, some analysts have raised concerns about the sustainability of its recent profit surge.

LT Elevator IPO Details

The LT Elevator IPO is a Book Building IPO on the BSE SME exchange. It's a fresh issue, meaning the company will receive all the proceeds to fund its growth objectives.

• IPO Dates: September 12, 2025 – September 16, 2025
• Issue Price Band: ₹76 to ₹78 per equity share
• Face Value: ₹10 per share
• Issue Size: ₹39.37 crore (50,48,000 shares)
• Listing At: BSE SME
• Minimum Lot Size (Retail): 1,600 shares
• Minimum Investment (Retail): ₹1,24,800

The IPO aims to raise capital for working capital needs, an investment in its subsidiary Park Smart Solutions, and general corporate purposes.

LT Elevator IPO GMP: Grey Market Premium

The LT Elevator IPO GMP (Grey Market Premium) is a key indicator for many investors. It's the price at which the IPO shares trade in the unofficial grey market before listing. It is not an official or regulated number, but it can hint at the expected listing performance. A positive GMP suggests the shares might list at a premium. A negative GMP indicates a possible discount.

Note: The IPO GMP is highly volatile and speculative. Do not base your entire investment decision solely on this number. Always conduct thorough research and consult a financial advisor.

As of September 11, 2025, there is no reliable Grey Market Premium (GMP) data available for the LT Elevator IPO. Investors should monitor this information as the IPO subscription period progresses.

How to Apply for the LT Elevator IPO

Applying for an IPO is a simple process through your demat account.

1. Open a Demat Account: You must have a demat and trading account with a stockbroker.
2. Fund Your Account: Ensure you have sufficient funds for the minimum application amount.
3. Choose ASBA: The most common method is ASBA (Application Supported by Blocked Amount). Your funds remain in your bank account until allotment.
4. Place Your Bid: Log in to your broker's platform, go to the IPO section, and place a bid for the desired number of lots at the cut-off price. The cut-off price is the highest price within the band.
5. Authorize UPI Mandate: You'll receive a UPI mandate request from your bank. Approve it to block the application amount.
6. Confirmation: You will receive a confirmation once your application is submitted successfully.

LT Elevator IPO Allotment Status

The LT Elevator IPO Allotment status is a crucial step after the IPO closes. It determines whether you have been allotted shares.

• Allotment Date: September 17, 2025 (Tentative)

You can check your allotment status in a few ways:

• Registrar's Website: Visit the official website of the IPO registrar, Cameo Corporate Services Limited. Select "LT Elevator IPO" from the list and enter your PAN number or application number.
• BSE Website: Check the BSE website by selecting "LT Elevator Limited" and entering your application or PAN details.
• Broker's Platform: Your broker will also notify you via email or SMS. The shares will be credited to your demat account.
• Refunds: If you do not get an allotment, the blocked amount will be unblocked on September 18, 2025.

Should You Invest?

Investing in an IPO requires careful consideration. LT Elevator has a strong presence and has shown good financial growth. The elevator industry and the smart parking market are also experiencing growth, which bodes well for the company's future.

However, as an SME IPO, it carries higher risk. The aggressive pricing based on recent earnings and the inherent volatility of the grey market should be noted. Always read the company's Red Herring Prospectus (RHP) for a detailed risk analysis and financial data before making a decision.