The LT Elevator IPO will open on September 12, 2025, and close on September 16, 2025. It is a Book Built Issue, through which the company plans to raise about ₹39.37 crores, consisting of a fresh issue worth ₹39.37 crores and an offer for sale of up to [.] equity shares, each with a face value of ₹10.

The IPO price band is fixed at ₹76 to ₹78 per share. The issue includes a 50% quota for QIBs, 15% for HNIs, and 35% for retail investors. The shares are scheduled to list on the BSE SME platform on September 19, 2025, with the IPO allotment date set for September 17, 2025.

On the financial front, the company reported revenue of ₹56.74 crores in 2025, compared to ₹40.63 crores in 2024, and a profit of ₹8.94 crores in 2025, up from ₹3.17 crores in 2024. Considering these financials, investors may view this IPO as a long-term investment opportunity.

About LT Elevator IPO

L. T. Elevator Limited, established in August 2008, is a leading company providing quality elevator system solutions. Its operations include the manufacturing, installation, commissioning, and maintenance of elevators, with a strong customer-first approach. The company has a modern facility in West Bengal with a production capacity of 800 elevators per year.

The product portfolio covers passenger, goods, hospital, and home elevators, available in both manual and automatic models. L. T. Elevator has a presence in key cities such as Bhubaneswar, Delhi, Patna, and Guwahati, and is also engaged in smart city projects in Silchar and Imphal. Its clientele includes residential complexes, commercial establishments, shopping malls, and public-sector units like railways.

The company is ISO 14001:2015 certified and has its own in-house R&D and testing facilities, ensuring safety and energy efficiency. Currently, L. T. Elevator employs around 319 people.