LAPL Automotive IPO is a Book Build SME IPO comprising 34,46,400 equity shares, entirely through a fresh issue. The IPO opens on 6 August 2026 and closes on 10 August 2026.
LAPL Automotive Limited is engaged in the design, manufacturing, and supply of automotive components and accessories, with a focus on automotive lighting, motors, and rear-view mirrors. The company operates from its manufacturing facility in Aurangabad, Maharashtra, and its shares are proposed to be listed on the BSE SME platform.
LAPL Automotive IPO: Key Details
Particulars
Details
IPO Type
SME Book Build
Total Issue Size
34,46,400 Shares
Fresh Issue
34,46,400 Shares
Offer for Sale
Nil
IPO Opens
6 August 2026
IPO Closes
10 August 2026
Price Band
₹88 – ₹94
Face Value
₹10
Lot Size
1,200 Shares
Minimum Investment
₹2,25,600
Listing
BSE SME
Allotment
11 August 2026
Listing Date
13 August 2026
Lead Manager
GYR Capital Advisors Pvt. Ltd.
Registrar
Maashitla Securities Pvt. Ltd.
Market Maker
Not specified
For complete details on the IPO, company financials, GMP, subscription, allotment, and other updates, investors can refer to the detailed LAPL Automotive IPO information.
LAPL Automotive IPO GMP
Date
IPO Price
GMP*
Estimated Listing Price
Listing Gain
Not Available
₹94
Not Available
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Note: GMP is not available in the provided information and may change based on market conditions. GMP is only an indicative market signal and should not be considered a guaranteed listing price.
LAPL Automotive IPO Subscription Status
Investor Category
Subscription
Shares Applied
Lots
% of Total
QIB
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NII
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RII
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Overall
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Note: Subscription figures will be updated during the IPO bidding period based on official exchange data.
About LAPL Automotive Limited
Incorporated in 2004, LAPL Automotive Limited is engaged in the design, manufacturing, and supply of automotive components and accessories. The company specialises in automotive lighting and signalling products and operates as an ODM and OBM under its LAPL brand.
Its manufacturing facility is located in the MIDC Waluj area of Aurangabad, Maharashtra, and includes modern machinery, tool room facilities, and a dedicated testing laboratory.
Product Portfolio
Lighting Division: The company manufactures automotive lighting products including tail lamps, blinker lamps, and headlamps, designed to meet applicable AIS standards for safety, visibility, and durability.
Motor Division: Its product range includes starter motors, wiper motors, and rotors for two-wheelers and three-wheelers, focusing on durability and efficient performance.
Mirror Division: The company manufactures rear-view mirrors for two-wheelers and three-wheelers, offering features such as visibility, durability, anti-glare functionality, and easy installation.
As of 31 March 2026, the company had 59 permanent employees and 151 contract labour employees.
LAPL Automotive IPO Structure & Objectives
The IPO consists entirely of a fresh issue of 34,46,400 equity shares.
The company plans to use the IPO proceeds mainly for:
Setting up an additional manufacturing unit at Auric City, Aurangabad – ₹19.56 crore
Repayment and/or prepayment of certain secured borrowings – ₹4.79 crore
General Corporate Purposes
The proposed new manufacturing unit is expected to support the company's production capacity and expansion plans.
Strong Financial Performance
Particulars (₹ Crore)
Dec 2025
FY25
FY24
FY23
Total Assets
53.46
44.34
32.79
25.15
Total Income
62.77
67.07
61.03
60.37
Profit After Tax
5.64
5.03
2.17
1.98
EBITDA
10.51
9.94
5.38
4.67
Net Worth
22.27
16.63
11.59
9.42
Reserves and Surplus
13.47
7.83
8.39
6.22
Total Borrowings
17.68
15.79
13.37
7.79
Key Highlights
Total assets increased from ₹25.15 crore in FY23 to ₹53.46 crore by December 2025.
Profit after tax rose from ₹1.98 crore in FY23 to ₹5.64 crore by December 2025.
EBITDA increased from ₹4.67 crore in FY23 to ₹10.51 crore.
Net worth more than doubled compared with FY23.
Borrowings increased alongside the company's expansion and business operations.
Risks Investors Should Know
The company operates in a competitive automotive components industry.
Its business is exposed to fluctuations in demand from two-wheeler and three-wheeler manufacturers.
The company has borrowings, which may increase financial obligations.
Expansion plans depend on the successful establishment and operation of the proposed manufacturing facility.
The company operates in a manufacturing-intensive business where raw material costs and operating expenses can impact margins.
Revenue declined from ₹67.07 crore in FY25 compared with ₹62.77 crore for the December 2025 period based on the financial information provided.
Investors should carefully review the company's offer documents and financial fundamentals before making any investment decision.
Three Important IPO Facts
₹32.40 Crore IPO: LAPL Automotive is raising approximately ₹32.40 crore through a fresh issue of 34,46,400 shares.
Automotive Components Manufacturer: The company manufactures automotive lighting, motors, and rear-view mirrors primarily for two-wheelers and three-wheelers.
Expansion-Focused IPO: A significant portion of the issue proceeds is proposed to be used for setting up an additional manufacturing unit in Aurangabad.
Summary
LAPL Automotive Limited operates in the automotive components industry with a product portfolio covering lighting products, motors, and rear-view mirrors. The company has established manufacturing capabilities in Aurangabad and serves multiple automotive segments.
Its financial performance shows growth in assets, profitability, EBITDA, and net worth over the reported periods, while the company also plans to expand manufacturing capacity through a new facility. The IPO opens on 6 August 2026 and closes on 10 August 2026, with the shares proposed to list on BSE SME on 13 August 2026.
Disclaimer: This article is for informational purposes only and should not be considered investment advice. IPO details, GMP, subscription data, and market information may change. Investors should consult a SEBI-registered financial advisor before making any investment decisions.
Author: Diwakar Kumar Singh
Diwakar Kumar Singh is a BFSI specialist and finance writer with over 7 years of hands-on experience in financial research, content creation, and analysis.
A Gold Medalist in MBA (Marketing) from IMT, he combines deep analytical skills with practical insights gained from evaluating companies, IPOs, unlisted shares, financial ratios, and investment opportunities. Diwakar has personally analysed hundreds of financial instruments and market scenarios, which he uses to break down complex topics into clear, actionable advice.
He has authored numerous in-depth finance articles, published multiple books internationally, and contributed to research publications. His work focuses on helping everyday investors and readers make better-informed financial decisions through well-researched, evidence-based explanations that are always grounded in real-world application rather than theory alone.