L.T.Elevator IPO Sees Exceptional Demand, Subscribed 182.95x on Day 3

L.T.Elevator Limited's initial public offering (IPO) has demonstrated exceptional investor interest through its third and final day of subscription, with L.T.Elevator's stock price set at ₹76-78 per share, reflecting outstanding market reception. The ₹39.37 crore IPO reached 182.95 times by 5:04:33 PM on day three, indicating exceptional investor interest in this elevator manufacturing and installation company incorporated in 2008.

The L.T.Elevator IPO non-institutional investors segment leads witha  remarkable 356.16 times subscription, whilst individual investors demonstrate exceptional participation at 158.90 times, and qualified institutional buyers (ex-anchor) show impressive interest at 95.10 times, reflecting outstanding investor confidence in this company.

IPO subscription status reached 182.95 times on day three, led by Non-Institutional Investors (356.16x), Individual Investors (158.90x), and QIB (Ex-Anchor) (95.10x). Total applications reached 1,07,380 as of Day 3 (September 16, 2025, 5:04:33 PM).

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Subscription Status of L.T.Elevator IPO:

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Key Highlights - Day 3:

• Overall subscription reached an exceptional 182.95 times, showing remarkable improvement from day two's 4.50 times.
• bNII category demonstrating remarkable performance at 428.35 times, building dramatically from day two's 7.21 times.
• Non-institutional investors displayed remarkable performance at 356.16 times, building dramatically from day two's 6.55 times.
• sNII segment showed impressive interest at 211.79 times, building dramatically from day two's 5.22 times.
• Individual investors are displaying exceptional confidence at 158.90 times, building dramatically from day two's 6.20 times.
• Qualified institutional buyers displayed impressive confidence at 95.10 times, building dramatically from day two's 0.00 times.
• Total applications reached 1,07,380, indicating massive investor participation for this SME IPO.
• Cumulative bid amount reached ₹4,792.49 crores, significantly exceeding the issue size of ₹39.37 crores.

L.T.Elevator IPO - Day 2 Subscription at 4.50 Times

• Overall subscription reaching moderate 4.50 times, showing substantial improvement from day one's 0.68 times.
• bNII segment is demonstrating strong performance at 7.21 times, building substantially from day one's 1.64 times.
• Non-institutional investors showing moderate performance at 6.55 times, building substantially from day one's 1.19 times.
• Individual investors displaying moderate confidence at 6.20 times, building substantially from day one's 0.84 times.
• sNII category showing moderate interest at 5.22 times, building substantially from day one's 0.30 times.
• Qualified institutional buyers showing nil performance at 0.00 times, unchanged from day one's 0.00 times.

L.T.Elevator IPO - Day 1 Subscription at 0.68 Times

• Overall subscription reached limited 0.68 times, showing cautious initial investor interest.
• bNII segment showing modest interest at 1.64 times, indicating reasonable larger HNI participation.
• Non-institutional investors showing modest performance at 1.19 times, indicating weak HNI appetite.
• Individual investors displaying limited confidence at 0.84 times, showing weak retail sentiment.
• sNII category showing limited interest at 0.30 times, indicating very limited smaller HNI participation.
• Qualified institutional buyers showing nil performance at 0.00 times, demonstrating no institutional appetite.

About L.T.Elevator Limited

Incorporated in August 2008, L.T.Elevator Limited provides comprehensive elevator system solutions including manufacturing, installation, commissioning, and annual maintenance services. The company operates a manufacturing facility in Chakchata, West Bengal, producing 800 elevators annually with a product line including manual, semi-automatic, and fully automatic elevators.