LAPL Automotive IPO GMP today is Rs 50. Investors can use this GMP along with price band and subscription status for a better IPO review.
Listed
SME IPO
LAPL
LAPL Automotive IPO GMP, Subscription & Allotment Status Today
LAPL Automotive Limited is an integrated automotive components manufacturer that designs and produces a diversified portfolio of products for original equipment manufacturers (OEMs). The company operates under two primary business models: Original Design Manufacturing (ODM), in which it designs and manufactures components for other brands, and Original Brand Manufacturing (OBM), in which it produces and sells parts under its proprietary “LAPL” brand. Its core product segments include automotive lighting systems, mirrors, and various motor components such as starter and wiper motors. The company also manufactures plastic-moulded components and other accessories, such as BLDC fans. Serving a wide range of vehicle segments including passenger cars, commercial vehicles, two-wheelers, and electric vehicles, LAPL generates revenue by supplying these customised and branded automotive parts directly to its clients. The company is IATF 16949:2016 certified and maintains an in-house facility for quality testing and assurance.
- Price Band
- ₹88.00 - ₹94.00
- Lot Size
- 1,200 Shares
- Bidding Closes
- 10 Aug 2026
- Listing Date
- 13 Aug 2026
Current GMP Status
₹50
+53.19% vs upper band
Est. Listing Gain
+27.77%
Last Trend
10 Aug 2026
Listing Price
₹120.10
Retail Entry
₹2,25,600
IPO Details
Complete IPO information
| Current GMP | ₹50 |
|---|---|
| Estimated Listing Gain | +27.77% |
| Price Band | ₹88.00 - ₹94.00 |
| Issue Price | Approx ₹94.00 Crores |
| Listing Price | ₹120.10 |
| Lot Size | 1,200 Shares |
| Issue Type | SME |
| Registrar | TBA |
| Exchange | BSE SME |
| Retail Quota | TBA |
| Overall Subscription | 320.23x |
| Listing Date | 13 Aug 2026 |
| Minimum Investment | ₹2,25,600 |
Demand Tracker
Subscription Status
| Category | Shares Reserved | Shares Applied | Subscription (x) |
|---|---|---|---|
| QIB | 6.53 | 1307.12 | 200.23x |
| NII | 6.69 | 2154.11 | 321.70x |
| Retail | 11.47 | 4447.22 | 387.66x |
| Overall Subscription | 24.70 | 7908.46 | 320.23x |
Analysis
IPO Snapshot & Investor Takeaways
At the upper end of its price band, LAPL Automotive is priced at ₹94 per share. With a minimum lot size of 1,200 shares, a retail investor applying for one lot would need approximately ₹2,25,600 to participate in this SME issue.
The latest recorded Grey Market Premium for LAPL Automotive stands at ₹50, implying an estimated listing gain of around 53.19% over the issue price if it holds until listing. This is up ₹5 from its previously recorded level. GMP reflects informal grey-market sentiment rather than a guaranteed outcome, and can change at any point until the day of listing.
As of the latest update, LAPL Automotive's IPO was subscribed 320.23x overall, with a category-wise breakdown of Retail 387.66x, QIB 200.23x, NII 321.7x.
Among the strengths highlighted in LAPL Automotive's IPO documents: Integrated business model with both Original Design Manufacturing (ODM) and Original Brand Manufacturing (OBM).; End-to-end in-house capabilities spanning product design, engineering, and manufacturing..
Investors should also weigh the risk factors LAPL Automotive has disclosed, including: High revenue concentration, with over 95% of revenue derived from the top 10 customers..
A share of LAPL Automotive's issue proceeds is earmarked for Repayment Of Borrowings: 4.79 (14.78%).
SME IPOs list on the dedicated SME platform of BSE/NSE. They usually involve smaller issue sizes and a higher per-lot investment than Mainboard issues, with comparatively lower institutional participation.
Timeline
IPO roadmap at a glance
✓
Bidding Opens
06 Aug 2026
✓
Bidding Closes
10 Aug 2026
✓
Allotment
11 Aug 2026
✓
Listing
13 Aug 2026
Grey Market Premium
Daily GMP status
| Date | GMP | Change | Gain |
|---|---|---|---|
| 10 Aug 2026 | ₹37.00 | +₹5.00 | 39.36% |
| 07 Aug 2026 | ₹32.00 | +₹2.00 | 34.04% |
| 06 Aug 2026 | ₹30.00 | - | 31.91% |
Swipe to see more →
Market Lot
Application size breakdown
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 Lot | 2,400 | ₹2,25,600 |
| Retail Maximum | 2 Lot | 2,400 | ₹2,25,600 |
| S-HNI Minimum | 3 Lot | 3,600 | ₹3,38,400 |
| S-HNI Maximum | 8 Lot | 9,600 | ₹9,02,400 |
| B-HNI Minimum | 9 Lot | 10,800 | ₹10,15,200 |
Swipe to see more →
Fund Utilization
Objects of the Issue & Official Documents
- Repayment Of Borrowings 4.79 (14.78%)
- General Corporate Purpose 8.05 (24.85%)
Issue Notes
Important takeaways before applying
Strengths
- Integrated business model with both Original Design Manufacturing (ODM) and Original Brand Manufacturing (OBM).
- End-to-end in-house capabilities spanning product design, engineering, and manufacturing.
- Long-standing relationships with a stable customer base, leading to repeat business.
- Strategically located manufacturing facilities in proximity to key automotive hubs in Maharashtra.
- Diversified product portfolio across automotive lighting, motors, mirrors, and other components.
Risks
- High revenue concentration, with over 95% of revenue derived from the top 10 customers.
- Significant geographic concentration, with over 82% of sales from Maharashtra.
- Dependence on a few key suppliers for raw materials without having long-term agreements.
- The company’s promoters and related entities are engaged in a similar line of business.
- Certain company vehicles and loans are registered in the promoter’s name.
Analysis
LAPL Automotive IPO Details
LAPL Automotive Limited is launching its Initial Public Offering (IPO) through the Book Building Issue route. The IPO consists entirely of a Fresh Issue of equity shares, with no Offer for Sale (OFS). The funds raised through the public issue are expected to support the company's future growth plans, strengthen its capital base, meet working capital requirements, and fulfill general corporate purposes.
The equity shares of LAPL Automotive Limited are proposed to be listed on the BSE SME platform. Investors can subscribe to the IPO during the bidding period at the specified price band.
| Particular | Details |
|---|---|
| IPO Open Date | August 6, 2026 |
| IPO Close Date | August 10, 2026 |
| Face Value | ₹10 Per Equity Share |
| IPO Price Band | ₹88 to ₹94 Per Share |
| Issue Size | Approx ₹32.40 Crores |
| Fresh Issue | Approx ₹32.40 Crores |
| Issue Type | Book Building Issue |
| IPO Listing | BSE SME |
Analysis
LAPL Automotive IPO Reservation
The LAPL Automotive IPO follows the SEBI-prescribed reservation structure for a Book Building Issue. The IPO is allocated among Anchor Investors, Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs), and Retail Individual Investors (RIIs), ensuring balanced participation from institutional and retail investors.
The category-wise reservation of shares is provided below. The final allotment for each category will be determined after the IPO closes and the Basis of Allotment is finalized in accordance with SEBI regulations.
| Investor Category | Shares Offered | Reservation (%) |
|---|---|---|
| Anchor Investor | 9,76,800 Shares | 28.34% |
| Qualified Institutional Buyers (QIB) (Excluding Anchor) | 6,52,800 Shares | 18.94% |
| Non-Institutional Investors (NII) | 4,96,800 Shares | 14.42% |
| Retail Individual Investors (RII) | 11,47,200 Shares | 33.29% |
Note: The above reservation details are based on the proposed IPO structure. The final allocation of shares across investor categories will be completed after the issue closes and the basis of allotment is finalized as per SEBI guidelines.
Analysis
LAPL Automotive IPO Anchor Investors
LAPL Automotive Limited has reserved a portion of its IPO for eligible Anchor Investors before the public issue opens for subscription. Anchor investors are Qualified Institutional Buyers (QIBs) who participate in the IPO one working day before the public issue, helping strengthen investor confidence and support efficient price discovery.
The details below provide information about the anchor bidding schedule, proposed allocation, issue size, and the applicable SEBI-prescribed lock-in periods. The final list of anchor investors will be announced after the completion of the anchor allocation process.
| Particular | Details |
|---|---|
| Anchor Bidding Date | August 5, 2026 |
| Anchor Investors List | |
| Shares Offered | [.] Shares |
| Anchor Issue Size | [.] Crores |
| Lock-in Period End Date (50% Shares – 30 Days) | 2026 |
| Lock-in Period End Date (Remaining 50% Shares – 90 Days) | 2026 |
Note: The final anchor investor list, number of shares allotted, anchor issue size, and exact lock-in period end dates will be updated after the completion of the anchor allocation process. The lock-in period will be applicable in accordance with SEBI regulations.
Analysis
LAPL Automotive IPO Dates
The LAPL Automotive IPO will open for subscription on August 6, 2026 and close on August 10, 2026. The basis of allotment is expected to be finalized on August 11, 2026. Refunds for unsuccessful applicants and the credit of allotted equity shares to successful investors' demat accounts are scheduled for August 12, 2026.
The equity shares of LAPL Automotive Limited are proposed to be listed on the BSE SME platform on August 13, 2026. Investors should keep track of these important dates to monitor the IPO subscription, allotment process, and listing schedule.
| IPO Event | Date |
|---|---|
| IPO Open Date | August 6, 2026 |
| IPO Close Date | August 10, 2026 |
| Basis of Allotment | August 11, 2026 |
| Refunds | August 12, 2026 |
| Credit to Demat Account | August 12, 2026 |
| IPO Listing Date | August 13, 2026 |
Note: The above IPO timeline is tentative and may be revised by the company, the registrar, or the stock exchange. Investors should refer to the official IPO documents and exchange notifications for any updates to the schedule.
Analysis
LAPL Automotive IPO Promoters and Holding Pattern
The promoters of LAPL Automotive Limited have played a significant role in building the company's business and expanding its presence in the automotive industry. Following the IPO, the promoter group will continue to hold a majority stake in the company, reflecting its long-term commitment to the business and future growth plans.
The public issue will result in a dilution of promoter shareholding due to the fresh issue of equity shares. The shareholding pattern before and after the IPO is presented below.
Promoters of LAPL Automotive Limited
- Neeraj Satyaprakash Goyal
- Shubham Neeraj Goyal
- Anita Neeraj Goyal
| Category | Pre IPO Shares | Pre IPO Holding | Post IPO Shares | Post IPO Holding |
|---|---|---|---|---|
| Promoter and Promoter Group | 87,97,883 | 96.79% | 87,97,883 | 70.17% |
| Others* | 2,91,935 | 3.21% | 37,38,335 | 29.83% |
| Total | 90,89,818 | 100% | 1,25,36,218 | 100% |
Note: The post-IPO shareholding pattern is based on the proposed issue structure and may vary depending on the final allotment and completion of the IPO. Despite the dilution, the promoter group is expected to retain a controlling interest in LAPL Automotive Limited after listing.
Analysis
LAPL Automotive IPO Objects of the Issue & Utilisation of Proceeds
LAPL Automotive Limited intends to utilize the net proceeds from its Initial Public Offering (IPO) to expand its manufacturing capabilities and strengthen its financial position. A major portion of the funds will be invested in establishing an additional manufacturing facility, while part of the proceeds will be used to reduce outstanding borrowings, supporting the company's long-term growth strategy.
The proposed utilization of IPO proceeds is expected to enhance production capacity, improve operational efficiency, lower finance costs, and support future business expansion. The detailed allocation of funds is presented below.
| Purpose | Amount |
|---|---|
| Funding capital expenditure requirements towards setting up an additional Manufacturing Unit at Auric City, Aurangabad, Maharashtra | ₹19.56 Crores |
| Full or Part Repayment and/or Prepayment of Certain Outstanding Secured Borrowings Availed by the Company | ₹4.79 Crores |
| General Corporate Purposes | ₹- |
Note: The proposed utilization of IPO proceeds is based on the objectives disclosed in the Draft Red Herring Prospectus (DRHP)/Red Herring Prospectus (RHP). The actual deployment of funds may vary depending on business requirements and regulatory approvals.
Analysis
LAPL Automotive About IPO
LAPL Automotive Pvt. Ltd, founded in 2004, is one of the leading manufacturers of automotive components and accessories. Its product range includes Two-wheelers, 3-wheelers, Bus parts, and accessories, including Lighting, Bulb/Indicator, rear-view mirrors, starter motors, Magnetos, headlamps, taillamps, utility lamps, Side lamps, Roof lamp, USB Charger, Bottle Holder, Soft top canopy, and mobile inverter.
The firm offers end-to-end Automotive services, from custom manufacturing, Quality Testing, Logistics solutions, and technical support. LAPL Automotive has been known for offering high-quality OEM-validated automotive components designed and manufactured in-house. Its manufacturing facility is located in Aurangabad, Maharashtra, equipped with state-of-the-art machinery, tool room facilities, and a dedicated testing lab.
Analysis
LAPL Automotive IPO Company Financial Report
LAPL Automotive Limited has demonstrated consistent financial growth over the last three financial years. The company has reported a steady increase in revenue, improving profitability, and continuous growth in total assets, reflecting stronger business operations and improved financial performance ahead of its public issue.
The financial summary below presents the company's revenue, expenses, Profit After Tax (PAT), and total assets for the reported financial years. These figures provide investors with an overview of LAPL Automotive Limited's historical financial performance and financial position before the IPO.
| Period Ended | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2024 | ₹61.03 Cr. | ₹57.91 Cr. | ₹2.17 Cr. | ₹32.79 Cr. |
| 2025 | ₹67.07 Cr. | ₹60.20 Cr. | ₹5.03 Cr. | ₹44.34 Cr. |
| 2026 | ₹94.32 Cr. | ₹82.64 Cr. | ₹8.63 Cr. | ₹62.68 Cr. |
Amount in ₹ Crores: The above financial figures are based on the audited financial statements disclosed in the IPO documents of LAPL Automotive Limited. They provide a summary of the company's historical financial performance and financial position before its proposed listing.
Analysis
LAPL Automotive IPO Valuation – FY2026
The valuation metrics of LAPL Automotive Limited provide investors with an overview of the company's profitability, financial efficiency, and overall business performance before the IPO. Key indicators such as Earnings Per Share (EPS), Return on Equity (ROE), Return on Capital Employed (ROCE), EBITDA Margin, Return on Net Worth (RoNW), Debt-to-Equity Ratio, and Net Asset Value (NAV) help investors evaluate the company's financial strength and valuation.
Based on the FY2026 financial statements, LAPL Automotive has reported healthy profitability, improving operating margins, and strong returns on capital. The final Price-to-Earnings (P/E) ratio will be determined after the IPO price is finalized and the company's shares are listed on the BSE SME platform.
| KPI | Values |
|---|---|
| ROE | 41.20% |
| ROCE | 34.37% |
| EBITDA Margin | 16.75% |
| PAT Margin | 9.25% |
| Debt to Equity Ratio | 0.83 |
| Earning Per Share (EPS) | ₹9.80 (Basic) |
| Price / Earnings (P/E) Ratio | N/A |
| Return on Net Worth (RoNW) | 34.16% |
| Net Asset Value (NAV) | ₹28.70 |
Note: The above valuation metrics are based on the FY2026 audited financial statements of LAPL Automotive Limited. The final Price-to-Earnings (P/E) ratio will be available after the IPO price is finalized and the company's shares are listed on the BSE SME platform.
Analysis
LAPL Automotive IPO Peer Group Comparison
LAPL Automotive Limited operates in the automotive components industry and can be compared with established listed companies in the sector. A peer comparison helps investors evaluate the company's financial performance, profitability, valuation, and operational efficiency against similar businesses already listed on the stock exchanges.
The comparison below includes important financial metrics such as Earnings Per Share (EPS), Price-to-Earnings (P/E) Ratio, Return on Net Worth (RoNW), Net Asset Value (NAV), and total income of the listed peer companies.
| Company | EPS | P/E Ratio | RoNW (%) | NAV (₹) | Income |
|---|---|---|---|---|---|
| Minda Corporation Limited | 15.31 | 45.35 | 13.55% | 110.57 | ₹6,200.57 Cr. |
| Fiem Industries Limited | 97.11 | 23.77 | 21.04% | 461.64 | ₹2,836.40 Cr. |
Note: The peer group comparison is based on publicly available financial information disclosed in the IPO offer documents. Investors should consider this comparison along with LAPL Automotive Limited's financial performance, valuation metrics, and future growth prospects before making an investment decision.
Analysis
IPO Lead Managers aka Merchant Bankers
- GYR Capital Advisors Pvt.Ltd.
FAQ
LAPL Automotive IPO FAQs
LAPL Automotive IPO price band is Rs 88.00 to Rs 94.00. Check the latest issue price, lot size and GMP together before applying.
LAPL Automotive IPO open date is 06 Aug 2026, close date is 10 Aug 2026, and listing date is 13 Aug 2026.
LAPL Automotive IPO lot size is 1,200 shares. The minimum retail investment is Rs 2,25,600.
LAPL Automotive is classified as a SME IPO. This helps investors quickly understand the issue category and exchange segment.
LAPL Automotive IPO subscription status currently shows Retail 387.66x, QIB 200.23x, NII 321.7x, Overall 320.23x.
LAPL Automotive Limited is an integrated automotive components manufacturer that designs and produces a diversified portfolio of products for original equipment manufacturers (OEMs). The company operates under two primary business models: Original Design Manufacturing (ODM), in which it designs and manufactures components for other brands, and Original Brand Manufacturing (OBM), in which it produces and sells parts under its proprietary “LAPL” brand. Its core product segments include automotive lighting systems, mirrors, and various motor components such as starter and wiper motors. The company also manufactures plastic-moulded components and other accessories, such as BLDC fans. Serving a wide range of vehicle segments including passenger cars, commercial vehicles, two-wheelers, and electric vehicles, LAPL generates revenue by supplying these customised and branded automotive parts directly to its clients. The company is IATF 16949:2016 certified and maintains an in-house facility for quality testing and assurance.
LAPL Automotive IPO issue size is 32.40 and the expected allotment date is 11 Aug 2026.
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