LAPL Automotive Limited Launches ₹32.40 Crore Fresh Issue IPO to Fund Capacity Expansion; Opens August 6

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Aug 4, 2026 - 19:45
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LAPL Automotive Limited Launches ₹32.40 Crore Fresh Issue IPO to Fund Capacity Expansion; Opens August 6
“LAPL Automotive Limited Launches ₹32.40 Crore Fresh Issue IPO to Fund Capacity Expansion; Opens August 6”
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4 Aug 2026
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LAPL Automotive Limited Launches ₹32.40 Crore Fresh Issue IPO to Fund Capacity Expansion; Opens August 6

LAPL Automotive Limited Launches ₹32.40 Crore Fresh Issue IPO to Fund Capacity Expansion; Opens August 6

New Delhi [India], August 4: LAPL Automotive Limited is an integrated manufacturer of automotive lighting, motor, mirrors & other components for two-wheelers, three-wheelers, four-wheelers, buses, and utility vehicles. The Company is entering the capital markets with its Initial Public Offering (IPO) on the BSE SME platform with a 100% fresh issue IPO of up to 34.46 lakh equity shares of face value of ₹ 10 each on the BSE SME platform, aiming to raise ₹ 32.40 crore at a price band of ₹88 – ₹94 per share (lot size: minimum 2,400 shares and in multiples of 1,200 equity shares thereafter).

The Company proposes to utilise the net proceeds of the Issue towards funding capital expenditure requirements for setting up a new manufacturing facility at Plot No. 68-1, Sector No. 5, Auric City, Shendra, Aurangabad (Chhatrapati Sambhajinagar), Maharashtra; repayment and/or prepayment, in full or in part, of certain outstanding secured borrowings availed by the Company; and general corporate purposes. The anchor investor date has been fixed as Wednesday, August 05, 2026. The issue will open for public subscription on Thursday, August 06, 2026, and close on Monday, August 10, 2026.

Book Running Lead Manager: GYR Capital Advisors Private Limited

Issue Structure

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