LT Elevator Share Price, Company Overview & IPO Details
LT Elevator Ltd., a Kolkata-based elevator manufacturing and servicing company, made a stellar debut on the BSE SME platform on September 19, 2025. The LT Elevator share price listed at Rs 136.10, a premium of 74.49% over its IPO issue price of Rs 78. The stock continued to attract strong buying interest, hitting its upper circuit limit at Rs 142.90 on the day of listing.
About LT Elevator Ltd.
Founded in 2008, LT Elevator has established itself as a leading provider of comprehensive elevator solutions in the eastern part of India. The company's business model is centered on:
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Manufacturing and Installation: Producing a wide range of elevators, including passenger, goods, hospital, and home elevators, with an annual capacity of 800 elevators.
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Servicing: Offering maintenance services through annual maintenance contracts.
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Smart Parking Solutions: Providing smart vehicle parking systems under the brand name 'Park Smart'.
The company serves a diverse client base, including residential complexes, commercial buildings, malls, and public sector units like the railways, and has a presence in major cities such as Bhubaneswar, Delhi, Patna, and Guwahati.
LT Elevator IPO & Listing Performance (September 2025)
The IPO of LT Elevator, which was open from September 12 to September 16, 2025, was met with overwhelming investor demand, achieving an overall subscription of 182.95 times. The non-institutional investors (NII) category led the subscription at 356.16 times.
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Listing Price (BSE): Rs 136.10 (74.49% premium)
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IPO Price Band: Rs 76 – Rs 78 per share
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Issue Size: Rs 39.37 crore (entirely a fresh issue)
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Upper Circuit on Listing Day: Rs 142.90.
The strong listing performance exceeded grey market expectations, where the stock was trading at a premium of over 55% ahead of its debut.
Financial Highlights
LT Elevator has demonstrated impressive financial growth. For the fiscal year ending March 31, 2025, the company reported:
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Revenue: Rs 56.74 crore, a 40.8% increase from the previous year.
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Net Profit: Rs 8.94 crore, a sharp growth of 182% from Rs 3.17 crore in FY24.
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EBITDA: Rs 15.228 crore.
Use of IPO Proceeds
The net proceeds from the fresh issue will be utilised for:
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Funding working capital requirements (Rs 30.5 crore).
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Investment in its subsidiary, Park Smart Solutions Limited.
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General corporate purposes.
What You Can Find on This Company Page
This page is your complete resource for all information related to LT Elevator Ltd. Here’s what you can access:
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Live LT Elevator Share Price: Track real-time price movements and analyse historical performance with charts.
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IPO and Listing Details: Get all the information about the IPO, including the price band, subscription details, and listing day performance.
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In-Depth Financial Analysis: Access detailed financial statements, including Profit & Loss, Balance Sheet, and key ratios.
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Shareholding Pattern: Get a clear picture of the company's ownership structure.
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Latest News and Corporate Actions: Stay informed about the latest company announcements and other market-moving news.
Frequently Asked Questions (FAQs) about LT Elevator Share Price
Q1: What was the listing price of LT Elevator?
The shares listed at Rs 136.10 on the BSE SME platform, a premium of 74.49% to the IPO price of Rs 78.
Q2: How was the investor response to the LT Elevator IPO?
The IPO was oversubscribed 182.95 times, with massive demand from all investor categories, especially non-institutional investors.
Q3: What does LT Elevator do?
It is a manufacturer and service provider of elevators and smart parking systems, with a strong presence in eastern India.
Q4: What were the company's recent financial results?
For the fiscal year 2025, LT Elevator reported a net profit of Rs 8.94 crore on a revenue of Rs 56.74 crore, showing significant growth in profitability.