IPO details · Updated
LAPL Automotive Limited
- Price Band
- ₹88 – ₹94
- Lot Size
- 1,200 shares
- Min. Investment
- ₹1,12,800
- Issue Size
- ₹32.4 Cr
- Offer Dates
- 6 Aug – 10 Aug 2026
- Listing
- 13 Aug 2026
Issue Details
- Total Issue Size
- ₹32.4 Cr
- 34,46,400 shares
- Fresh Issue
- ₹32.4 Cr
- 34,46,400 shares
- Offer for Sale
- ₹0 Cr
- Face Value
- ₹10 per share
- Issue Type
- Book-built IPO
- Listing At
- BSE SME
- Shares Pre-Issue
- 90,89,818
- Shares Post-Issue
- 1,25,36,218
IPO Timeline
Offer opens
6 Aug 2026
Offer closes
10 Aug 2026
Allotment
11 Aug 2026
Listing
13 Aug 2026
Issue Allocation
Share of the offer reserved for each investor category
- Anchor28.3%9,76,800 shares
- QIB18.9%6,52,800 shares
- HNI14.4%4,96,800 shares
- Retail33.3%11,47,200 shares
- MarketMaker5.0%1,72,800 shares
Subscription Status
Times subscribed by investor category
| Category | Offered | Bids | Subscribed |
|---|---|---|---|
| QIB | 6,52,800 | 13,07,10,144 | 200.23x |
| NII | 4,96,800 | 21,52,38,600 | 433.25x |
| Retail | 11,47,200 | 44,47,23,552 | 387.66x |
| Total | 22,96,800 | 79,06,72,296 | 344.25x |
Lot Size & Investment
1 lot = 1,200 shares
Retail (min)
2 lots · 2,400 shares
Retail (max)
2 lots · 2,400 shares
S-HNI (min)
3 lots · 3,600 shares
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail | 2 | 2,400 | ₹2,25,600 |
| Small HNI (S-HNI) | 3 | 3,600 | ₹3,38,400 |
| Big HNI (B-HNI) | 9 | 10,800 | ₹10,15,200 |
Financial Performance
Restated figures in ₹ crore, unless stated otherwise
| Period | Mar-26 | Mar-25 | Mar-24 |
|---|---|---|---|
| Assets | 62.68 | 44.34 | 32.79 |
| Total Income | 94.32 | 67.07 | 61.03 |
| Profit After Tax | 8.63 | 5.03 | 2.17 |
| EBITDA | 15.8 | 9.94 | 5.38 |
| Net Worth | 25.25 | 16.63 | 11.59 |
| Reserves & Surplus | 16.45 | 7.83 | 8.39 |
| Total Borrowing | 7.84 | 15.79 | 13.37 |
Key Performance Indicators
| Period | Mar-26 |
|---|---|
| ROE (%) | 41.2 |
| ROCE (%) | 34.37 |
| EPS (₹) | 9.49 |
| P/E (pre-issue) | 9.91 |
| P/E (post-issue) | 13.66 |
Peer Comparison
Listed companies in the same business
| Company | P/E | ROE |
|---|---|---|
| Minda Corporation Ltd. | 45.35 | 13.55% |
| Fiem Industries Ltd. | 23.77 | 21.04% |
About LAPL Automotive Limited
Incorporated in 2004, LAPL Automotive Pvt. Ltd. is engaged in the business of designing, manufacturing and supplying a wide range of automotive components and accessories. The company specialises in the manufacturing of automotive lighting and signalling products. The company operates as an ODM and OBM under its brand " LAPL ," designing and manufacturing automotive components in Aurangabad, Maharashtra, delivering tailored, high-quality solutions to clients and vehicle manufacturers. The manufacturing facility is strategically located in the MIDC Waluj area of Aurangabad, Maharashtra, equipped with state-of-the-art machinery, tool room facilities, and a dedicated testing lab to ensure the highest quality standards. Product Portfolio: Under Lighting Division: They manufacture essential automotive lighting components like tail lamps, blinker lamps, and headlamps, meeting AIS standards for safety, visibility, and durability in various driving conditions. Under Motor Division: They manufacture starter motors, wiper motors, and rotors, ensuring durability, efficiency, and compliance with standards for reliable performance in two- and three-wheelers under various conditions. Under Mirror Division: They manufacture rear-view mirrors for two- and three-wheelers, offering clear visibility, durability, and anti-glare features, designed for safety, aerodynamic efficiency, and easy installation. As of June 30, 2026, the company has employed 73 permanent employees and 135 contract labour employees. Competitive Strengths: Experienced promoters and management team Established market setup and diversified product range. In-house manufacturing capabilities with quality standards. Serving a wide spectrum of vehicle segments Stable customer base and customer relationships.
Objects of the Issue
- Funding of capital expenditure requirements of the company towards setting up an additional Manufacturing Unit at Auric City, Aurangabad, Maharashtra. (₹19.56 Cr)
- Full or part repayment and/or prepayment of certain outstanding secured borrowings availed by the Company (₹4.79 Cr)
- General Corporate Purposes (₹4.81 Cr)
- Issue Expenses (₹3.24 Cr)
Promoters
- <p>Neeraj Satyaprakash Goyal
- Shubham Neeraj Goyal
- Anita Neeraj Goyal</p>
Company Information
- Book running lead managers
- GYR Capital Advisors Pvt.Ltd.
- Registered office
- Plot No. 90, Sector No. 05, Auric City, Shendra Industrial Area, Chikalthana Industrial Area, Chhatrapati Sambhajinagar, Maharashtra, 431006
- Market maker
- Giriraj Stock Broking Pvt.Ltd., Mansi Share & Stock Broking Pvt.Ltd.
Official Documents
Opens the source filing in a new tab
Similar IPOs
Disclaimer: Data on OpenIPO is for information only and is not investment advice. OpenIPO is not a SEBI-registered entity. GMP figures are unofficial estimates and may change. Verify all details against the company RHP and the official registrar before investing.