LAPL Automotive came to market through an SME IPO that opened on 6 August 2026 and closed on 10 August 2026, and the shares listed on 13 August 2026 on BSE SME. The price band was ₹88 to ₹94 per share and one lot was 1200 shares, so the minimum application was ₹1,12,800. The issue size was ₹32.4 crore. The whole issue was fresh shares, so the money raised went to the company.
It listed at ₹135, a gain of 43.6% against the issue price of ₹94. Maashitla Securities Pvt.Ltd was the registrar to the issue, and GYR Capital Advisors Pvt.Ltd was the lead manager.
As of 10 August 2026.
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Overall the issue was subscribed 344.39 times.
LAPL Automotive Ltd. incorporated in 2004, involved in the designing and manufacturing and supply of a variety of automotive components and accessories. It is a manufacturer of automotive lighting and signaling products.This organization functions as an ODM and OBM under its brand name 'LAPL', designs and manufactures automotive components in Aurangabad, Maharashtra, providing customized and high-quality services to their clients.
The manufacturing plant is situated in the MIDC Waluj region of Aurangabad, Maharashtra, where there is advanced machinery, tool rooms facilities, and a testing laboratory to maintain the highest level of quality. Product Range: In Lighting Division: They manufacture important automotive lighting components like tail lamps, blinker lamps, and headlamps, which comply with AIS standards in terms of safety, visibility, and durability. In Motor Division:
They manufacture starter motors, wiper motors, and rotors, which ensure durability and efficiency, and comply with standard requirements in terms of performance of two- and three-wheelers. In Mirror Division: They manufacture rear view mirrors for two- and three-wheelers, which provide high visibility, durability, and anti-glare effects.
As described in the offer document.
| Metric | 31-Mar-26 | 31-Mar-25 | 31-Mar-24 |
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LAPL Automotive Limited finalised its anchor investor allocation on August 5, 2026, with 9,76,800 equity shares allotted to 8 institutional investors at an anchor price of ₹94 per share.
Vikasa India EIF I Fund – Incube Global Opportunities received the largest allocation at 23.46%, while KRS Growth Opportunities Fund, PSEB Alpha Fund, 360 One LVF Treasury Solutions Fund, Lords Multi Growth Fund, Elite Capital Fund, Shine Star Build Cap Private Limited, and Arrow Emerging Opportunities Fund Limited each received 10.93% of the anchor portion.
Anita Neeraj Goyal, Neeraj Satyaprakash Goyal, Shubham Neeraj Goyal. Promoter holding 96.79% before the issue and 70.17% after.
Work out the listing gain for this SME IPO
If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.
The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.
Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.
Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.
For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.
LAPL Automotive IPO was a ₹32.4 crore book-built issue, made up entirely of a fresh issue. It was priced at ₹88–₹94 per share with a lot size of 1,200 shares; the minimum retail application was 2,400 shares (₹2,25,600). The IPO was open from August 6 to August 10, 2026 and was subscribed 344.39x. Shares listed on BSE SME on August 13, 2026 at ₹135, a 43.6% premium to the issue price of ₹94. Maashitla Securities Pvt. Ltd. is the registrar.
GYR Capital Advisors Pvt. Ltd. is the book running lead manager.
The price band of LAPL Automotive IPO is ₹88 to ₹94 per share.
The lot size of LAPL Automotive IPO is 1200 shares.
The minimum investment for LAPL Automotive IPO is approximately ₹2,25,600 based on the upper price band.
The allotment date of LAPL Automotive IPO is Aug 11, 2026.
No GMP quote could be verified as recorded before LAPL Automotive IPO listed. A grey-market observation of ₹40 per share was recorded on 13 Aug 2026, 6:45 AM IST, but without a verified listing timestamp it is not treated as the final pre-listing GMP. The shares listed at ₹135. GMP is unofficial and does not forecast or guarantee the actual listing price.
You can check LAPL Automotive IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the LAPL Automotive IPO allotment status on Rupix for quick and easy access.
₹88 to ₹94 per share, against a face value of ₹10. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.
One lot was 1200 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹1,12,800. After listing, SME shares also trade in lots rather than one share at a time.
₹1,12,800, for one lot of 1200 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.
It opened on 6 August 2026 and closed on 10 August 2026.
The basis of allotment was published on 11 August 2026 by Maashitla Securities Pvt.Ltd, and allotted shares were credited to demat accounts before listing.
The shares listed on 13 August 2026 on BSE SME, opening at ₹135.
The issue size was ₹32.4 crore. The fresh issue was 34,46,400 shares (aggregating up to ₹32.4 crore).
It listed at ₹135 against an issue price of ₹94, a gain of 43.6 percent on listing day.