214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

144  SME IPOs listed with Gain in 2025

70  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

144  SME IPOs listed with Gain in 2025

70  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

144  SME IPOs listed with Gain in 2025

70  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9804.70 Crs.  Total funds raised in 2,025.00

144  SME IPOs listed with Gain in 2025

70  SME IPOs listed with loss in 2025

LT Elevator Limited IPO Analysis

LT Elevator IPO is a Book Building listing on BSE SME exchange, with an ipo size of ₹ 39.37 Cr. The company is based in Kolkata and caters to Engineering sector. Horizon Management is the merchant banker of LT Elevator IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 15th May 2025.

LT Elevator IPO posted revenues of ₹ 56.52 Cr. and PAT of ₹ 8.94 Cr. in FY25 on annualised basis.

IPO Key Highlights

*At the time of IPO, on Annualised Basis
  • Revenue: ₹ 56.52 Cr.
            EBITDA: ₹ 15.21 Cr.
            PAT: ₹ 8.94 Cr.
  • EBITDA Margin: 26.91 %
            Pat Margin: 15.82 %
  • Net Worth: ₹ 45.43 Cr.
  • Market Capitalisation: ₹ 149.47 Cr.
  • P/E: 16.71 times
  • P/BV: 1.76 times
  • EV/EBITDA: 10.68 times
Nature of IPO : SME
Exchange : BSE SME
IPO Type : Book Building

LT Elevator IPO Financial Performance (Restated)

Financial results of LT Elevator IPO based on restated financials as per prospectus and IPO review parameters can be referred to below.

Amount in ₹ crores
Financials FY25 FY24 FY23 FY22
Balance Sheet
Assets 86.99 42.78 42.68 38.18
Net Worth 45.43 10.74 7.57 6.32
Total Debt 17.29 14.01 13.64 14.32
Profit & Loss
Revenue
Revenue on annualised basis
56.52 40.14 4.09 25.19
EBITDA
EBITDA on annualised basis
15.21 6.67 4.05 1.81
PAT
PAT on annualised basis
8.94 3.17 1.25 -0.43
Financials
FY25
FY24
FY23
FY22
Balance Sheet
Assets
86.99
42.78
42.68
38.18

Net Worth
45.43
10.74
7.57
6.32

Total Debt
17.29
14.01
13.64
14.32

Profit & Loss
Revenue
Revenue on annualised basis
56.52
56.52
40.14
4.09
25.19

EBITDA
EBITDA on annualised basis
15.21
15.21
6.67
4.05
1.81

PAT
PAT on annualised basis
8.94
8.94
3.17
1.25
-0.43

Notes:
1) Total debt incluides long-term borrowings and short-term borrowings.
2) Revenue means the Revenue from Operations as appearing in the Restated Financial Statements.

LT Elevator IPO Key performance Indicators (KPI)

LT Elevator IPO PAT Margin is 15.82 % , ROCE (Return on Capital Employed) is 30.50 % as per latest financial. The below table shows LT Elevator IPO Key Performance Indicators (KPI) as mentioned in company’s prospectus.

Particulars FY25 FY24 FY23 FY22
EBITDA Margin (%) 26.91 16.62 99.02 7.19
PAT Margin (%) 15.82 7.90 30.56 -1.71
EPS (₹) 8.50 3.45 1.35 -0.47
ROE (%) 19.68 29.52 16.51 -6.80
ROCE (%) 30.50 45.97 29.38 8.78
ROA (%) 10.28 7.41 2.93 -1.13
Debt to Equity 0.38 1.30 1.80 2.27
Particulars
FY25
FY24
FY23
FY22

EBITDA Margin (%)
26.91
16.62
99.02
7.19

PAT Margin (%)
15.82
7.90
30.56
-1.71

EPS (₹)
8.50
3.45
1.35
-0.47

ROE (%)
19.68
29.52
16.51
-6.80

ROCE (%)
30.50
45.97
29.38
8.78

ROA (%)
10.28
7.41
2.93
-1.13

Debt to Equity (x)  
0.38
1.30
1.80
2.27

Notes:
1) The EPS represents post-bonus basic EPS.
2) Return on Equity is ratio of Profit after Tax and Total Equity.
3) Return on Assets is ratio of Profit after Tax and Total Assets.
4) Debt to Equity is ratio of Total borrowings and Total Equity.

LT Elevator IPO Valuation Metrics

The market Capitalisation of LT Elevator IPO is ₹ 149.47 crores at the time of IPO and other IPO valuation metrics of this IPO is mentioned below.

Key Metrics (at the time of IPO)


Market Capitalisation (₹ Cr.):
149.47

Enterprise Value (EV) (₹ Cr.):
162.49

EV/EBITDA (times) :
10.68

PE Multiple (times) :
16.71

P/B (times) :
1.76

NAV (₹) :
33.24

Notes:
1) The Enterprise Value is calculated as Market Cap. + Total Debt - Cash and Cash Equivalents.
2) Price to Book multiple is calculated as the ratio of Market Cap. and Net Worth post IPO proceeds.

What are the key financial metrics in LT Elevator prospectus?

The LT Elevator IPO prospectus highlights an Return on Equity (ROE) of 19.68 % , Return on Assets (ROA) of 10.28 %, and an EBITDA Margin of 26.91 %, showcasing financial performance.

How do profitability ratios impact the evaluation of LT Elevator IPO?

Profitability ratios like Return on Equity (ROE), Return on Assets (ROA), and Net Profit Margin shows LT Elevator IPO financial report. Analysing these metrics can provide insights into the company’s efficiency, profitability, and long-term growth potential.

What is the market capitalisation for LT Elevator IPO ?

The post-IPO market capitalisation of LT Elevator IPO is ₹ 149.47 Cr., based on the issue price and share structure. It helps investors gauge the company’s valuation and compare it with industry peers before investing.

What is the PE Multiple of LT Elevator IPO?

The LT Elevator IPO has a Price-to-Earnings (PE) ratio of 16.71 X, indicating valuation compared to industry peers. It helps investors determine if the stock is overvalued or undervalued compared to its earnings and industry peers.

What is the Revenue of LT Elevator IPO?

LT Elevator IPO reported revenue of ₹ 56.52 Cr. in the latest fiscal year, showing business performance, on annualised basis. Revenue figures from LT Elevator IPO provide insights into sales growth, market demand, and business scalability.

What is the EBITDA of LT Elevator IPO?

LT Elevator recorded an EBITDA of ₹ 15.21 Cr., reflecting operational efficiency. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) measures operational profitability.

What is the PAT of LT Elevator IPO?

LT Elevator Profit After Tax (PAT) is ₹ 8.94 Cr., reflecting earnings growth. Profit After Tax (PAT) reflects the company’s actual earnings after all expenses, taxes, and deductions

IPO Key Highlights

*At the time of IPO, on Annualised Basis
  • Revenue: ₹ 56.52 Cr.
            EBITDA: ₹ 15.21 Cr.
            PAT: ₹ 8.94 Cr.
  • EBITDA Margin: 26.91 %
            Pat Margin: 15.82 %
  • Net Worth: ₹ 45.43 Cr.
  • Market Capitalisation: 149.47
  • P/E: 16.71 times
  • P/BV: 1.76 times
  • EV/EBITDA: 10.68

Revenue

(As Annualised)

EBITDA

(As Annualised)

PAT

(As Annualised)
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FAQs

LT Elevator operates in Engineering and Provider Of High-quality Elevator System Solutions. The Issue is listed on BSE SME in Sep, 2025. LT Elevator IPO size was 39.37 with Issue price of 78.00 .

LT Elevator IPO subscription was 182.95 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

LT Elevator IPO listed at a listing price of 136.10 against the offer price of 78.00.

The current market price of LT Elevator is 153.70.

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