How to Check L.T.Elevator IPO Allotment Status?

No image 5paisa Capital Ltd - 3 min read

Last Updated: 17th September 2025 - 05:55 pm

L.T. Elevator Limited provides quality elevator system solutions focusing on superior service, engineering, and technical solutions, incorporated in August 2008. The company operates with 319 employees as of March 31, 2025, maintaining manufacturing facility in Chakchata, West Bengal with annual production capacity of 800 elevators equipped with modern equipment, offering comprehensive solutions including elevator manufacturing, installation, commissioning, and annual maintenance through EPC and O&M services under "Customer First Philosophy" while maintaining product portfolio including elevators, manual elevators, and semi-automatic elevators with in-house testing lab for quality checks and professional management integrated with technology.

The L.T. Elevator IPO came with a total issue size of ₹39.37 crore, comprising entirely a fresh issue of 0.50 crore shares aggregating to ₹39.37 crore. The IPO opened on September 12, 2025, and closed on September 16, 2025. The allotment for the L.T. Elevator IPO is expected to be finalized on Wednesday, September 17, 2025. The L.T. Elevator IPO share price band was set at ₹76 to ₹78 per share.
 

Steps to Check L.T. Elevator IPO Allotment Status on Registrar Site

  • Visit the Cameo Corporate Services Ltd. website 
  • Select "L.T. Elevator" from the dropdown menu on the allotment status page
  • Enter your PAN ID, Demat Account Number, or Application Number in the designated field
  • Complete the captcha verification process and click on the "Submit" button to view your allotment status

Steps to Check L.T. Elevator IPO Allotment Status on BSE

  • Navigate to the BSE SME IPO Allotment Status Page
  • Select the issue type: equity/debt
  • Choose "L.T. Elevator" from the list of active IPOs in the dropdown menu
  • Input your Application Number and PAN ID in the required fields
  • Verify the captcha and click "Search" to check your allotment status

L.T. Elevator IPO Subscription Status

L.T.Elevator IPO received phenomenal investor interest, being subscribed 182.95 times overall. The subscription showed exceptional confidence across categories in the L.T.Elevator IPO stock price potential. Here is a category-wise breakdown of the subscription as of 5:04:33 PM on September 16, 2025:

  • Non-Institutional Investors (NII): 356.16 times.
  • QIB Category: 95.10 times.
Date QIB NII Total
Day 1 September 12, 2025 0.00 1.19 0.68
Day 2 September 15, 2025 0.00 6.55 4.50
Day 3 September 16, 2025 95.10 356.16 182.95

L.T. Elevator Share Price and Investment Details

The L.T. Elevator IPO stock price band was set at ₹76 to ₹78 per share with a minimum lot size of 1,600 shares. The minimum investment required for individual investors was ₹2,49,600 for 2 lots (3,200 shares). The issue included up to 14,36,800 shares allocated to anchor investors raising ₹11.21 crore. Given the phenomenal subscription response of 182.95 times overall, with QIB category showing strong response at 95.10 times and NII demonstrating extraordinary response at 356.16 times, the L.T. Elevator IPO share price is expected to list with exceptional to phenomenal premium.

Utilisation of IPO Proceeds

The IPO is a complete offer for sale. Hence, the company will not receive any proceeds. The objective of the issue is to:

  • Working Capital Requirements: ₹20.00 crore.
  • Investment in subsidiary Park Smart Solutions Limited for funding working capital requirement: ₹8.80 crore.
  • General corporate purposes: Remaining amount.

Business Overview

L.T. Elevator Limited operates with manufacturing plant equipped with latest machinery and technology, experienced and technically advanced manpower, strong brand recognition and reputation for excellence in manufacturing customized elevators, wide range of products offered, strong relationship with international suppliers of raw materials, and well-equipped R&D and quality control process.

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  • Date Range 23 Oct- 27 Oct’23
  • Price 23
  • IPO Size 200
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