LAPL Automotive Limited
Bookbuilding IPO · BSE
- Price band
- ₹88 - ₹94
- Lot size
- 1,200 shares
- Issue amount
- ₹32.39 cr
- Total subscription
- 344.39×
- Opens
- 6 Aug 2026
- Closes
- 10 Aug 2026
- Allotment
- 11 Aug 2026
- Listing
- 13 Aug 2026
Offer at a glance
Issue overview
- Issue size
- 34,46,400 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,05,600
- Fresh issue
- ₹32.39 cr
- Offer for sale
- ₹0 cr
- Registrar
- Maashitla Securities Private Limited
- Listing exchange
- BSE
- Maximum investment
- ₹1,12,800
- Issue type
- Bookbuilding IPO
- Shares before issue
- 90,89,818
- Shares after issue
- 1,25,36,218
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 2 | 2,400 | ₹2,25,600 |
| sHNI | 3 | 3,600 | ₹3,38,400 |
| bHNI | 9 | 10,800 | ₹10,15,200 |
Share reservation
Subscription & GMP
Subscription by category
Reported 10 Aug 2026
GMP history
Day-wise demand
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| QIB | 0 | 138 |
| NIB | 0 | 28,664 |
| RETAIL | 478 | 1,85,359 |
| EMPLOYEES | 0 | 0 |
| HNIs(10L +) | 92 | 14,076 |
| HNIs (2-10L) | 46 | 14,588 |
| Shareholder | 0 | 0 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 6.14 | 1,228.7 |
| FIIs | 0 | 218.38 |
| Mutual Funds | 0 | 6.31 |
| Others | 0 | 918 |
| RETAIL | 10.78 | 4,181.7 |
| HNIs 2+ | 1.56 | 538.09 |
| HNIs 10+ | 3.11 | 1,486.82 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Mar-26 | Mar-25 | Mar-24 |
|---|---|---|---|
| EPS | 9.49 | 5.72 | 2.47 |
| ROE | 41.2 | 35.68 | 20.69 |
| ROCE | 34.37 | 30.85 | 21.65 |
| RONW | 0 | 0 | 0 |
| PRE IPO(PE) | 9.91 | 0 | 0 |
| POST IPO(PE) | 13.66 | 0 | 0 |
Values and labels as reported in the issue data.
Peer comparison
| Company | P/E(X) | CMP* (₹) | Face value (₹) | NAV/Share (₹) | RONW(%) | EPS (Basic) (₹) |
|---|---|---|---|---|---|---|
| LAPL Automotive Limited | 9.91 | 94.00 | 10.00 | 28.70 | 34.16 | 9.80 |
| Minda Corporation Limited | 45.35 | 683.40 | 2.00 | 110.57 | 13.55 | 15.31 |
| Fiem Industries Limited | 23.77 | 2308.70 | 10.00 | 461.64 | 21.04 | 97.11 |
Company information
Company profile
LAPL Automotive Limited, incorporated in 2004, is engaged in the design, development, and manufacturing of automotive lighting, signalling, and other automotive components. The company operates under both Original Design Manufacturing (ODM) and Original Brand Manufacturing (OBM) models through its LAPL brand, offering customized solutions to automotive manufacturers. Its product portfolio includes headlamps, tail lamps, blinker lamps, starter motors, wiper motors, rotors, and rear-view mirrors for two- and three-wheelers. With a modern manufacturing facility, in-house tool room, and advanced testing capabilities, LAPL Automotive focuses on delivering high-quality, durable, and reliable automotive components that meet industry standards and support the evolving needs of the automotive sector.
Strengths
- Integrated ODM & OBM Business Model: The company operates both ODM and OBM businesses, creating multiple revenue streams and expanding its market reach.
- Strong In-House Capabilities: It has integrated design, engineering, tooling, prototyping, and manufacturing facilities, ensuring efficient product development and consistent quality.
- Stable Customer Relationships: The company has built long-term relationships with a diversified customer base through customized solutions and repeat business.
Risk factors
- Geographical Concentration Risk: A major portion of the company's operations and sales is concentrated in Maharashtra. Any regional disruption could affect business performance.
- Supplier Dependency Risk: The company relies on a limited number of suppliers for key raw materials. Supply disruptions or price fluctuations may impact operations and profitability.
- Manufacturing Operational Risk: The company's manufacturing facilities may face risks such as machinery breakdowns, fire, power outages, labour issues, or natural disasters, which could disrupt operations.
Promoters
Anita Neeraj Goyal
Neeraj Satyaprakash Goyal
Shubham Neeraj Goyal
Registrar & documents
Lead manager
GYR Capital Advisors Private Limited
Registrar & contacts
Maashitla Securities Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Plot No. 90, Sector No. 05, Auric City, Shendra Industrial Area, Chikalthana Industrial Area, Aurangabad, Maharashtra, 43100
+91 8378994623
[email protected]Company website ↗Understanding LAPL IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.