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Issue Open Date
|
12-Sep-25
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|
Issue Closing Date
|
16-Sep-25
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Application Money
|
100
|
|
Allotment Money
|
|
|
|
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Price Band
|
76
-
78
|
|
Minimium Application No.
|
3200
|
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Issue Size (Shares)
|
3611200
|
|
Market Lot
|
1
|
|
|
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Objective
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1. Working Capital Requirement to meet the existing order book and to build bandwidth to onboard more orders2. Investment in our subsidiary Park Smart Solutions Limited, for funding of its working capital requirement3. General Corporate Purposes
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Category
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No. of Shares
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No. of Shares
|
Subscription Ratio
|
|
Offered / Reserved |
Bid For |
|
Non-Institutional Investors
|
972800
|
5040000
|
5.18092105263158
|
Qualified Institutional Buyers
|
960000
|
|
|
Retail Individual Investors
|
1678400
|
10569600
|
6.29742612011439
|
|
|
|
Business Description
Our Company has an integrated production line well-equipped with technical know-how and supported by latest andmodern machineries and infrastructure. We optimize and customize operations for maximum efficiency and overall costsavings, improved customer service and ensure risk mitigation. We have in- house testing lab for quality checks understrict supervision of qualified personnel. We also integrate professional management with sophisticated technology forenhanced performance and trade expertise combined with the proven ability to implement effective solutions with thedeep proven experience in key industries to serve our customers’ best needs.Our vertical transportation system is preferred by residential complexes, shopping malls and commercial buildings. Ourcustomers range from public sector entities including railways, private corporates as well as standalone projects forindividuals. Our Company has presence in eastern part of India in automated vertical transportation system. Our Companyis also undertaking major projects in Silchar and Imphal smart cities. A portion of the issue proceed is also proposed tobe utilised towards working capital requirement to expand our operations and support growth.Our Company has a manufacturing facility and warehouse is located in the state of West Bengal at Village Chakchata,P.O. Rajpur, P.S. Maheshtala, South 24 Parganas -700141, West Bengal. Our Company also maintains distribution andsales offices in Bhubaneshwar, Delhi, Patna and Guwahati.
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Promoter's Holding
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|
Total Share Capital
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12017328
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|
Offered to Public
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5048000
|
|
Promoter's Holding (Pre-Issue)
|
85.14
|
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Promoter's Holding (Post-Issue)
|
|
|
|
|
|
|
|
|
Address |
Capricorn Nest 3 Gobinda Auddy Road
Kolkata,
West Bengal,
700027
Phone : 033-24480447
Email : cs@ltelevator.com
Website : www.ltelevator.com
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Registrar |
Cameo Corporate Services Ltd
Subramanian Buildings No 1 Club House Road Chennai
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Listed at |
BSE
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Lead Manager |
Horizon Management Pvt Ltd.
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Promoters |
Arvind Gupta Usha Gupta Yash Gupta
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|