LAPL AUTOMOTIVE IPO
LAPL AUTOMOTIVE is a BSE SME IPO with a current status of LISTED. The price band is ₹88 - 94. The issue opens on 07 AUG and closes on 10 AUG. The listing date is 13 AUG.
Price Band
₹88 - 94
Unofficial GMP
₹50
Lot Size
2,400 shares
Minimum Investment
₹2,25,600
LAPL AUTOMOTIVE IPO GMP
The latest available GMP is ₹50. Grey Market Premium is unofficial, may change frequently and does not guarantee the listing price, listing gains or investment returns.
Estimated Listing Price
₹144.00
Estimated Gain
+53.2%
LAPL AUTOMOTIVE IPO GMP History
27
03 AUG
27
04 AUG
30
05 AUG
32
06 AUG
32
07 AUG
35
08 AUG
35
09 AUG
38
10 AUG
40
11 AUG
50
13 AUG
50
13 AUG
LAPL AUTOMOTIVE IPO Details
- IPO Type
- BSE SME
- Status
- LISTED
- Price Band
- ₹88 - 94
- Issue Size
- 32.40 Cr
- Issue Type
- Book Build Issue
- Fresh Issue
- ₹32.40 Cr
- Face Value
- 10
- Lot Size
- 2,400
- Minimum Investment
- 2,25,600
- Exchange
- BSE SME
- Registrar
- Maashitla Securities Pvt.Ltd.
- Lead Managers
- GYR Capital Advisors Pvt.Ltd.
- Market Maker
- ₹1.62 Cr/ 5.01%
LAPL AUTOMOTIVE IPO Dates
- Open Date
- 07 AUG
- Close Date
- 10 AUG
- Allotment Date
- 11 AUG
- Refund Date
- 12 AUG
- Demat Credit Date
- 12 AUG
- Listing Date
- 13 AUG
LAPL AUTOMOTIVE IPO Subscription
- QIB
- 5.06x
- NII / HNI
- 84.29x
- Retail
- 134.93x
- Total
- 86.87x
LAPL AUTOMOTIVE IPO Financials
Revenue
FY2026
--
Growth unavailable
PAT
FY2026
--
Growth unavailable
Total Assets
FY2026
--
Growth unavailable
| Particulars | FY2024 | FY2025 | FY2026 |
|---|---|---|---|
| Revenue | 60.73 | 65.98 | -- |
| Net Profit | 2.46 | 5.15 | -- |
| Total Assets | 33.18 | 45.10 | -- |
LAPL AUTOMOTIVE IPO Valuation
- EPS
- 5.72
- Valuation
- FAIR
LAPL AUTOMOTIVE IPO Market Lot
| Category | Lots | Shares | Investment |
|---|---|---|---|
| Retail Minimum | 2 | 2,400 | ₹2,25,600 |
| Retail Maximum | 2 | 2,400 | ₹2,25,600 |
| Small HNI | 3 | 3,600 | ₹3,38,400 |
| Big HNI | 9 | 10,800 | ₹10,15,200 |
LAPL AUTOMOTIVE IPO Reservation
- QIB
- 49.78%
- NII / HNI
- 15.18%
- Retail
- 35.04%
LAPL AUTOMOTIVE Promoter Holding and Anchor Allocation
- Pre-IPO Promoter Holding
- 96.79%
- Post-IPO Promoter Holding
- 70.17%
- Anchor Allocation
- 3.21%
LAPL AUTOMOTIVE Company Overview
COMPANY OVERVIEW 1. LAPL Automotive Limited is an automotive components manufacturer based in Aurangabad, Maharashtra. The company was originally incorporated as LAPL Automotive Private Limited in 2004 and was subsequently converted into a public limited company. Its operations focus on designing, manufacturing and supplying a diversified range of components and accessories used across different categories of vehicles. 2. Its product portfolio broadly covers automotive lighting products, mirrors, motors and various other automotive components. The lighting segment includes products such as tail lamps, indicators, reflex reflectors, head lamps, stop lamps, position lamps, reverse lamps and roof lamps. The company also manufactures rear-view mirrors and products in the motor segment such as starter motors, wiper motors and rotors. Other products include stators, small BLDC fans and additional components and accessories. Its products cater to two-wheelers, three-wheelers, passenger/four-wheel vehicles and heavy vehicles. 3.LAPL operates manufacturing facilities in the Aurangabad region. The company has also shifted and reorganised certain manufacturing divisions over time as it expanded its production infrastructure. The latest DRHP shows increasing utilisation in some production lines and the company now plans to use a significant portion of IPO proceeds for an additional manufacturing facility at Auric City, Shendra, Aurangabad. 4. Financially, the business has shown a significant improvement in profitability. Revenue from operations increased from approximately ₹60.73 crore in FY24 to ₹65.98 crore in FY25, while PAT increased from ₹2.17 crore to ₹5.03 crore. For the nine months ended December 2025, revenue had already reached ₹61.76 crore with PAT of ₹5.64 crore.
LAPL AUTOMOTIVE Business Model
BUSINESS MODEL 1. LAPL Automotive operates primarily as an integrated automotive-component manufacturer. Its revenue is generated through the design, manufacture and supply of components used by customers across multiple automotive vehicle categories. The company operates across ODM (Original Design Manufacturing) and OBM (Original Brand Manufacturing) models, allowing it to participate in both customer-specific product development and branded/product-led business 2. Its diversified manufacturing platform is an important part of the business model. Instead of depending on only one automotive component, LAPL participates in lighting, mirrors, motors, moulded products and related automotive accessories. This diversification gives the company exposure to multiple vehicle segments, including two-wheelers, three-wheelers, four-wheelers and heavy vehicles. 3. Manufacturing capability is central to the company's strategy. The DRHP indicates investments in machinery, assembly lines, injection-moulding equipment, testing infrastructure and other specialised manufacturing systems. The proposed expansion includes additional civil infrastructure and plant and machinery. The estimated cost of the proposed manufacturing expansion is approximately ₹25.95 crore, of which ₹19.56 crore is proposed to be funded through IPO proceeds.. 4. Growth therefore depends on increasing manufacturing capacity, improving utilisation, adding products and maintaining relationships with automotive customers. The IPO is designed partly to strengthen this model: capital expenditure can increase production capacity, while repayment of secured debt can reduce financing pressure. At the same time, customer concentration, geographical concentration and dependence on suppliers create important operating risks that investors should consider.
LAPL AUTOMOTIVE Objects of the Issue
Object Proposed Amount :- New manufacturing facility / Capex - ₹19.56 Cr Repayment/prepayment of secured borrowings - ₹4.7888 Cr General Corporate Purposes Balance amount The manufacturing expansion has an estimated project cost of approximately ₹25.9467 crore, including land, construction/civil works and plant & machinery. Approximately ₹19.56 crore is proposed to be funded from IPO proceeds
LAPL AUTOMOTIVE Strengths
STRENGTHS 1. One of LAPL Automotive's key strengths is its diversified automotive-component portfolio. The company is not dependent on a single product line and operates across lighting systems, mirrors, motors and other components. Its products are used across two-wheelers, three-wheelers, four-wheelers and heavy vehicles, providing exposure to multiple parts of the automotive market. 2. A second strength is its established manufacturing capability. The company operates production facilities in the Aurangabad region and has invested in specialised machinery and testing infrastructure. The proposed new facility should further increase manufacturing capacity and improve its ability to serve future demand. The DRHP indicates an estimated expansion project cost of approximately ₹25.95 crore. 3. Financial performance is another positive. Revenue from operations increased from ₹60.73 crore in FY24 to ₹65.98 crore in FY25, while PAT increased sharply from approximately ₹2.17 crore to ₹5.03 crore. In the nine months ended December 2025, PAT had already reached approximately ₹5.64 crore. 4.The company's profitability and return metrics have consequently improved. FY25 RoNW was around 30%, while the debt-equity ratio subsequently improved to approximately 0.79 by December 2025. 5. Finally, the IPO itself could strengthen the company's financial position because the proceeds are intended not only for manufacturing expansion but also for repayment/prepayment of approximately ₹4.79 crore of secured borrowings.
LAPL AUTOMOTIVE Risks
RISKS 1. LAPL Automotive carries several risks that IPO investors should consider. A significant concern is geographical concentration. The company derives a major portion of its business from operations concentrated in Maharashtra. Any economic slowdown, industrial disruption, infrastructure problem or adverse development affecting this region could therefore have a disproportionate impact on operations. 2. Customer concentration is another important risk. A significant portion of revenue is generated from a limited number of customers. Loss of a major customer, reduction in orders, pricing pressure or delayed product programmes could adversely affect revenue and profitability. 3. Supplier concentration also needs attention. The company depends on certain key suppliers for raw materials and does not necessarily have long-term supply agreements with all such suppliers. Disruption in raw-material availability or substantial increases in input prices could affect production schedules, margins and working-capital requirements. The DRHP specifically warns about raw-material supply disruption and price fluctuations. 4. Manufacturing itself carries operational risks including machinery breakdowns, industrial accidents, fire, power disruption, labour issues, extreme weather and natural disasters. 5. There is also potential conflict-of-interest risk because certain promoters/directors and related entities are engaged in similar businesses and the company does not have non-compete agreements with all such entities. 6. Finally, this is an SME IPO. SME shares can experience lower liquidity and greater price volatility after listing. The final valuation also cannot yet be judged properly until the official IPO price band is confirmed.
LAPL AUTOMOTIVE Frequently Asked Questions
What is the LAPL AUTOMOTIVE IPO price band?
The LAPL AUTOMOTIVE IPO price band is ₹88 - 94.
What is the latest LAPL AUTOMOTIVE IPO GMP?
The latest available LAPL AUTOMOTIVE IPO GMP in the IPOWEB database is ₹50. GMP is unofficial and does not guarantee a listing gain.
When does the LAPL AUTOMOTIVE IPO open and close?
The LAPL AUTOMOTIVE IPO opens on 07 AUG and closes on 10 AUG.
When is the LAPL AUTOMOTIVE IPO allotment date?
The LAPL AUTOMOTIVE IPO allotment date is 11 AUG.
When is the LAPL AUTOMOTIVE IPO listing date?
The LAPL AUTOMOTIVE IPO listing date is 13 AUG.
What is the LAPL AUTOMOTIVE IPO subscription?
The latest total subscription available for the LAPL AUTOMOTIVE IPO is 86.87x.