LAPL Automotive Limited logo

IPO details · Updated

LAPL Automotive Limited

ClosedSMEBSE: 544863
Check Allotment
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

Full 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

  1. Offer opens

    6 Aug 2026

  2. Offer closes

    10 Aug 2026

  3. Allotment

    11 Aug 2026

  4. 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

CategoryOfferedBidsSubscribed
QIB6,52,80013,07,10,144
200.23x
NII4,96,80021,52,38,600
433.25x
Retail11,47,20044,47,23,552
387.66x
Total22,96,80079,06,72,296
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

ApplicationLotsSharesAmount
Retail22,400₹2,25,600
Small HNI (S-HNI)33,600₹3,38,400
Big HNI (B-HNI)910,800₹10,15,200

Financial Performance

Restated figures in ₹ crore, unless stated otherwise

Financial performance by period
PeriodMar-26Mar-25Mar-24
Assets62.6844.3432.79
Total Income94.3267.0761.03
Profit After Tax8.635.032.17
EBITDA15.89.945.38
Net Worth25.2516.6311.59
Reserves & Surplus16.457.838.39
Total Borrowing7.8415.7913.37

Key Performance Indicators

Key performance indicators
PeriodMar-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

CompanyP/EROE
Minda Corporation Ltd.45.3513.55%
Fiem Industries Ltd.23.7721.04%

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.

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.