LAPL Automotive Limited is engaged in the design, development, manufacturing, and supply of automotive components and accessories for OEMs and the aftermarket across two-wheelers, three-wheelers, passenger vehicles, commercial vehicles, and off-highway vehicles.
The company operates through both Original Design Manufacturing (ODM) and Original Brand Manufacturing (OBM) models under its “LAPL” brand. Its product portfolio includes automotive lighting systems, starter motors, wiper motors, rotors, stators, rear-view mirrors, soft canopies (hoods), BLDC fans, and other automotive accessories. The company also provides after-sales support for its products.
The company operates three manufacturing facilities in Chhatrapati Sambhaji Nagar (Aurangabad), Maharashtra, equipped with in-house testing capabilities. It is IATF 16949:2016 certified, and several of its products are certified by agencies such as ARAI, ICAT, CIRT, and VRDE, ensuring compliance with automotive quality and safety standards.
Product Portfolio:
- Lighting Division: Headlamps, tail lamps, blinkers, signal lamps, and other automotive lighting products.
- Motor Division: Starter motors, wiper motors, rotors, stators, and BLDC fans.
- Mirror Division: Rear-view mirrors for two- and three-wheelers.
- Hoods & Accessories Division: Soft canopies (hoods) and other automotive accessories.
As of March 31, 2026, the company employed 59 permanent employees and 151 contract labour employees.
LAPL Automotive IPO – Details
| IPO Opening Date | 06 August 2026 |
| IPO Closing Date | 10 August 2026 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue: 34,46,400 Shares Worth ₹32.40 Crore Fresh Issue: 34,46,400 Shares Worth ₹32.40 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹88 – ₹94 per share |
| Market Lot | 1200 Shares |
| Min Order | 1200 Shares [ 1 Lot ] |
| Listing At | BSE SME |
| Registrar | Maashitla Securities Pvt. Ltd. |
| QIB Shares Offered | 50% |
| NII Shares Offered | 15% |
| Retail Shares Offered | 35% |
LAPL Automotive IPO – Date Schedule
| IPO Open Date | 06 August 2026 |
| IPO Close Date | 10 August 2026 |
| Basis of Allotment | 11 August 2026 |
| Initiation of Refund | 12 August 2026 |
| Credit of Shares to Demat | 12 August 2026 |
| IPO Listing Date | 13 August 2026 |
| Cut-off time for UPI mandate confirmation | 5 PM on August 10, 2026 |
LAPL Automotive IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2,400 | ₹2,25,600 |
| Retail (Max) | 2 | 2,400 | ₹2,25,600 |
| S-HNI (Min) | 3 | 3,600 | ₹3,38,400 |
| S-HNI (Max) | 8 | 9,600 | ₹9,02,400 |
| B-HNI (Min) | 9 | 10,800 | ₹10,15,200 |
Competitive Strength
- Experienced promoters and management team.
- Established market setup and diversified product range.
- In-house manufacturing capabilities with quality standards.
- Serving a wide spectrum of vehicle segments.
- Stable customer base and customer relationships.
Company Promoters
- Anita Neeraj Goyal
- Neeraj Satyaprakash Goyal
- Shubham Neeraj Goyal
Company Financials
| Period | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2023 | ₹60.37 Cr | ₹59.16 Cr | ₹1.98 Cr | ₹7.79 Cr |
| 31 March 2024 | ₹61.03 Cr | ₹57.91 Cr | ₹2.17 Cr | ₹13.37 Cr |
| 31 March 2025 | ₹67.07 Cr | ₹60.20 Cr | ₹5.03 Cr | ₹15.79 Cr |
| 31 March 2026 | ₹94.32 Cr | ₹82.64 Cr | ₹8.63 Cr | ₹7.84 Cr |
Key Performance Indicator
| KPI | Values (Mar 31, 2026) |
|---|---|
| ROE | 41.20% |
| ROCE | 34.37% |
| Debt/Equity | 0.83 |
| RoNW | 34.16% |
| PAT Margin | 9.25% |
| EBITDA Margin | 16.75% |
| NAV | 28.70 |
| Price to Book Value | 3.28 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 9.49 | 6.88 |
| P/E (x) | 9.91 | 13.66 |
Object Of The Issue
| Objects of the Issue | Expected Amount (in Crore) |
|---|---|
| Funding of capital expenditure requirements of the company towards setting up an additional Manufacturing Unit at Auric City, Aurangabad, Maharashtra. | ₹19.56 |
| Full or part repayment and/or prepayment of certain outstanding secured borrowings availed by the Company. | ₹4.79 |
| General Corporate Purposes. | – |
✅Strengths
- Diversified automotive component portfolio across multiple vehicle segments.
- Operates under both ODM and OBM (“LAPL”) business models.
- IATF 16949:2016 certified with in-house testing and product certifications.
- Integrated manufacturing facilities with strong OEM and aftermarket presence.
⚠️Risks
- Dependence on promoter guarantees for borrowings.
- Tax and legal proceedings involving the company and promoters.
- Intense competition in the automotive components industry.
- Business depends on demand from the automotive sector.
LAPL Automotive IPO Promoter Holding
| Pre-Issue Share Holding | 96.79% |
| Post Issue Share Holding | 70.17% |
LAPL Automotive IPO Prospectus
Company Contact Information
| LAPL Automotive Limited Plot No. 90, Sector No. 05, Auric City, Shendra Industrial Area, Chikalthana Industrial Area, Aurangabad, Maharashtra, 43100 Phone: +91 8378994623 Email: group.cs@laplautomotive.com Website: https://www.laplautomotive.com/ |
LAPL Automotive IPO Registrar
| Maashitla Securities Pvt. Ltd. Phone: 011-45121795 Email: Investor.ipo@maashitla.com Website: https://maashitla.com/allotment-status/public-issues |
LAPL Automotive IPO Lead Manager(s)
| 1. GYR Capital Advisors Pvt. Ltd. |
LAPL Automotive IPO FAQ
| What is the LAPL Automotive IPO? LAPL Automotive IPO is an SME IPO. The issue is priced at ₹88 – ₹94 per equity share. The IPO is to be listed on BSE SME. |
| When will LAPL Automotive IPO open? The IPO is to open on 06 August 2026 for QIB, NII, and Retail Investors. |
| What is LAPL Automotive IPO Investors’ Portion? The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%. |
| What is the LAPL Automotive IPO Size? LAPL Automotive IPO size is ₹32.40 Crore. |
| What are the LAPL Automotive IPO Minimum and Maximum Lot Sizes for Retail Investors? The minimum bid is 2400 Shares for ₹2,25,600, while the maximum bid is 2400 Shares for ₹2,25,600. |
| What is the LAPL Automotive IPO Allotment Date? LAPL Automotive IPO allotment date is 11 August 2026. |
| What is the LAPL Automotive IPO Listing Date? LAPL Automotive IPO listing date is 13 August 2026. The IPO is to be listed on the BSE SME. |
