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LAPL Automotive Ltd IPO

Tech-led NBFC delivering AI/ML driven retail credit across Tier-2 & Tier-3 India.

Listed
Price Band ₹94 per share per share
Lot Size 2400 Shares
Min. Investment ₹225600
Issue Size ₹32.4 Cr
Face Value ₹10
IPO Open 06 August 2026
IPO Close 10 August 2026
Allotment 11 Aug 2026
Listing 13 Aug 2026
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Live demand

Subscription status for LAPL Automotive Ltd IPO

As of 02 May 26, 5:00 PM. Will get Updated in every 30 minutes

QIB 3.42x

Qualified Institutional Buyers

NII 2.15x

Non-Institutional Investors

Retail 1.84x

Retail Individual Investors

Total 2.48x

Across all investor categories

Key dates

IPO schedule for LAPL Automotive Ltd

From the day bidding opens to listing — every milestone you need to track.

IPO Open 06 Aug 2026
IPO Close 10 Aug 2026
Allotment 11 Aug 2026
Refund / Unblock 12 Aug 2026
Listing 13 Aug 2026
About the company

Who is LAPL Automotive Ltd ?

LAPL Automotive Limited was incorporated on November 30, 2004 as 'LAPL Automotive Private Limited', a private limited company pursuant to a certificate of incorporation dated November 30, 2004 issued by Registrar of Companies, Maharashtra, Mumbai. Further, Company was converted into a public limited company and the name was changed to LAPL Automotive Limited' and a fresh certificate of incorporation dated December 13, 2024 was issued by Assistant Registrar of Companies, Central Processing Centre.

Company is engaged in designing, manufacturing and supply of a wide range of automotive components and accessories. The product portfolio caters to the wide spectrum of vehicles, including two-wheelers, three-wheelers, four-wheelers and heavy vehicles. The Company set up its manufacturing unit at Waluj, Aurangabad for production Automotive Lighting components in 2012. Later, it opened a Motor Division and Assembling Unit in unit C-241 in 2017. Since then, Company has grown organically by establishing two more manufacturing plants and diversifying product portfolio from lighting division to mirror division, motor divisions, hoods and other accessories for two-wheelers, three-wheelers, four-wheelers and heavy vehicles.

Presently, Company operates three manufacturing units in Aurangabad, Maharashtra. Company's present product portfolio segment consists of (i) the lighting segment, which includes tail lamps, front and rear indicators, reflex reflectors, head lamp, stop lamp, position lamp, reverse lamp and roof lamp and more, (ii) the mirror segment offering rear view mirrors; (iii) the motor segment, which covers starter motor, wiper motor, rotors etc. and (iv) other components and accessories segment such as hood, stators, small BLDC fans and many more for various spectrum of vehicles.

The Company is operating as an Original Design Manufacturer (ODM) and Original Brand Manufacturer (OBM) with the brand 'LAPL'. Under ODM, it design and manufacture automotive components for customers who either distribute them under their own brands or integrate them into vehicle production.

Under OBM vertical, it has complete control over the entire process, from design and engineering to manufacturing, branding, marketing and sales.

Company is planning an IPO by raising funds aggregating to Rs 25.2 Crore equity shares by issuing 32,40,000 Equity Shares through fresh issue.

Financial track record

Financials at a glance

Three-year trajectory of revenue, profit and assets — restated as per the RHP.

Revenue PAT Total Assets
FY 2026
FY 2025
FY 2024
Metric (₹ Cr)FY 2026FY 2025FY 2024
Total Income94.3267.0761.20
EBITDA15.979.955.54
PAT8.635.032.47
AUM62.6844.3432.16

Strengths & Risks

A balanced look at what works in the company's favour and what investors should watch.

Strengths

  • Experienced Promoters having deep domain knowledge to scale up the business.
  • In house manufacturing capabilities.
  • Management team with an established track record.
  • Established track record of successfully completed orders.
  • Efficient operational team.
  • Experienced Promoters having deep domain knowledge to scale up the business.
  • In house manufacturing capabilities.
  • Management team with an established track record.
  • Established track record of successfully completed orders.
  • Efficient operational team.

Risks

  • The company generates its major portion of sales from the company's operations from Maharashtrian regions and any adverse developments affecting its operations in these regions could have an adverse impact on the company's revenue and results of operations.
  • The company derives a significant part of its revenue from few customers and the loss of any of these customers or a significant reduction in purchases by any of them and if the company's customers opt for backward integration, it could adversely affect its business, results of operations and financial condition.
  • The company is primarily dependent upon few key suppliers within limited geographical location for procurement of raw materials and the company does not has any long-term agreements with such suppliers. Any disruption in the supply of the raw materials or fluctuations in their prices could have a material adverse effect on its business operations and financial conditions.
  • Any non-compliance or delays in ESIC Return Filings may expose it to penalties from the regulators.
  • There have been certain lapses and discrepancies and/or typographical errors in Statutory filings. The company cannot assure you that no regulatory action will be initiated against it and that no penalties will be imposed on the company on account of these lapses.
  • The company's Promoters, Directors, members of its Promoter Group entities associated with them may have interests that could give rise to potential conflicts of interest.
  • Certain historical filings made by the Company with the Registrar of Companies are not available in certified form and any non-availability of such certified records may expose it to regulatory or legal risks.
  • The company's manufacturing operations is subject to various operating risks, including risks beyond its control such as fire, breakdown or failures of machinery and equipment, industrial accidents, power disruptions, labour issues, severe weather conditions and natural disasters.
  • The Company procures a substantial portion of its raw materials from suppliers located in the State of Maharashtra and any disruption affecting such region may adversely affect the company's business, financial condition and results of operations.
  • The company has not yet placed orders in relation to the funding Capital Expenditure towards purchase of plant and machinery which is proposed to be financed from the Issue proceeds of the IPO. In the event of any delay in placing the orders, or in the event the vendors are not able to provide the Plant and Machinery in a timely manner, or at all, may result in time and cost overruns and the company's business, prospects and results of operations may be adversely affected. Its proposed Manufacturing Facility is subject to the risk of unanticipated delays in implementation due to factors including delays in construction, obtaining regulatory approvals in timely manner and cost overruns.

LAPL Automotive Ltd IPO — frequently asked questions

The LAPL Automotive Ltd IPO opens on 06 August 2026 and closes on 10 August 2026. Bidding is accepted from 10:00 AM on the open date until 5:00 PM on the close date. The IPO is available to all eligible investors including retail individual investors, non-institutional investors, and qualified institutional buyers.
The price band for LAPL Automotive Ltd IPO is Rs 94 to Rs 94 per share. The lot size is 2400 shares per lot, requiring a minimum investment of Rs 225600 at the upper price band. Investors must apply for a minimum of one lot and can apply for up to 2400 lots as per SEBI guidelines.
You can apply for the LAPL Automotive Ltd IPO through the Chola Securities app or web platform using UPI or ASBA. Log in to your account, navigate to the IPO section, select LAPL Automotive Ltd from the open IPOs list, enter your bid quantity and price within the price band, and submit your application. You need an active demat account, a linked bank account, and a valid PAN to apply. Bidding closes on 10 August 2026 at 5:00 PM.
Allotment for LAPL Automotive Ltd IPO is scheduled on 11 Aug 2026. Refunds or unblocking of funds for unsuccessful applicants will be processed on 12 Aug 2026. The shares are expected to list on 13 Aug 2026. You can check your allotment status on the Chola Securities IPO page or through the registrar's website using your PAN.
Chola Securities' research team has reviewed the LAPL Automotive Ltd IPO based on the company's financials, business model, valuation, and sector outlook. The recommendation is available on this page. Investors are advised to read the full IPO note along with the company's Red Herring Prospectus before making an investment decision.
Yes, you can revise or withdraw your LAPL Automotive Ltd IPO bid before the subscription window closes on 10 August 2026 at 5:00 PM. Revisions can include changing the quantity or price within the allowed price band. To withdraw, cancel your application through the platform before the closing time. Once the subscription period ends, no further changes are permitted.
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