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 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).
- Issue Opens: August 6, 2026
- Issue Closes: August 10, 2026
- Face Value: Rs 10
- Price Band: Rs 88 – 94 per share
- Minimum Bid Lot: 2400 Equity Shares
- Listing: BSE SME
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.
Competitive Strengths
- The Company operates a dual ODM-OBM model, partnering with automotive OEMs while building its proprietary “LAPL” brand, enabling diversified revenue streams and flexible customer engagement.
- Its integrated in-house capabilities in design, engineering, tooling, and manufacturing enable end-to-end solutions with reduced timelines, enhances cost-efficiency and consistent quality.
- The Company is gradually shifting from conventional components to value-added, technology-driven products such as LED and projector lighting systems, BLDC and high-efficiency motors.
- Its three manufacturing units in Chhatrapati Sambhajinagar, Maharashtra, offer proximity to key automotive hubs and meet customer-specific quality standards.
- Its diversified portfolio spans lighting systems, rear-view mirrors, and plastic moulded components, reducing dependency on any single category.
LAPL Automotive Limited supplies a diversified portfolio spanning motors (starter motors, wiper motors, rotors, BLDC fans), automotive lighting systems (tail lamps, head lamps, indicators, reflectors, and other LED-based lamps), rear-view mirrors and plastic molded components to automobile OEMs across passenger vehicles, commercial vehicles, two-wheelers and the fast-emerging electric-mobility segment.
