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L. T. Elevator Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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L. T. Elevator Ltd IPO

Registered Office: Capricorn Nest,3 Gobinda Auddy Road , Kolkata - 700027 , West Bengal , India.
Phone : +91 332 448 0447   Fax:
Email :  cs@ltelevator.com  
Website :  www.ltelevator.com
Initial public offer of upto 50,48,000 equity shares of face value of (Rs)10/- each ("Equity Shares") of the company at an issue price of (Rs)[*] per equity share (including a share premium of (Rs)[*] per equity share) for cash, aggregating up to (Rs)[*] crores ("public issue") out of which 2,52,800 equity shares of face value of (Rs)10/- each, at an issue price of (Rs)[*] per equity share for cash, aggregating (Rs)[*] crores will be reserved for subscription by the market maker to the issue (the "market maker reservation portion"). The public issue less market maker reservation portion i.e. issue of 47,95,200 equity shares of face value of (Rs)10/- each, at an issue price of (Rs)[*] per equity share for cash, aggregating up to (Rs)[*] crores is hereinafter referred to as the "net issue". The public issue and net issue will constitute 26.34% and 25.02% respectively of the post- issue paid-up equity share capital of the company. A pre-ipo placement of 4,48,000 equity shares was undertaken by the company, in consultation with the book running lead managers, as permitted under applicable law, aggregating to (Rs)3.49 crores ("pre-ipo placement"). The pre-ipo placement was at a price decided by the company, in consultation with the book running lead managers and was completed with the roc. The amount raised pursuant to the pre-ipo placement was reduced from the issue, subject to compliance with rule 19(2)(b) of the scrr and the revised issue size aggregates up to 50,48,000 equity shares. the pre-ipo placement did not exceed 20% of the size of the issue. Price Band (Rs)76 to (Rs)78 per equity share of face value of (Rs)10 each The floor price and the cap price is 7.6 times and 7.8 times the face value of the equity shares, respectively. Bids can be made for a minimum of 3200 and in multiples of 1600 equity shares of face value of (Rs)10 each thereafter.

Issue Money Payable On
Opens On Closes On Application Allotment
12-Sep-25 16-Sep-25 (Rs)76.00-78.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :3200  Further Multiples of :1600

  (Rs Cr) Lead Managers to the Issue
Project Cost 0.00
Horizon Management Private Limited
Project Financed through Current Offer 38.36  
Post Issue Equity Share Capital 19.16  
Issue Price (Rs)76.00  
 
Projects
Working Capital RequirementsGeneral corporate purposes(
Investment in subsidiary Park Smart Solutions Limited, for funding of its working capital requirement
Promoted By
Arvind Gupta  
Usha Gupta  
Yash Gupta  
Listing At
BSE - SME 
Registrar to the Issue
Cameo Corporate Services Ltd