L.T.Elevator SME IPO Subscription Status
L.T.Elevator SME IPO closed on 16 September 2025 with an overall subscription of 182.95x based on shares applied. QIB demand came in at 95.10x, NII at 356.52x, and retail at 158.98x.
Allotment will be finalised on 17 September 2025. The stock is scheduled to list on NSE and BSE on 19 September 2025.
Issue Price
Rs 78.00
GMP Today
Rs 43.00 (+55.13%)
Overall Subscription
182.95x
Issue Size
₹37.40 Cr
Allotment Date
17 Sept 2025
Listing Date
19 Sept 2025
L.T.Elevator SME IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 78.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 7.49 Cr | Rs 712.08 Cr | 95.10x |
| FII | - | Rs 150.46 Cr | - |
| DFI | - | Rs 68.52 Cr | - |
| Mutual Funds | - | Rs 4.49 Cr | - |
| Other | - | Rs 488.62 Cr | - |
| NII | Rs 5.62 Cr | Rs 2,002.23 Cr | 356.52x |
| bNII (above Rs 10L) | Rs 3.74 Cr | Rs 1,605.73 Cr | 428.88x |
| Corporate | - | Rs 31.46 Cr | - |
| Individual | - | Rs 1,560.56 Cr | - |
| Other | - | Rs 13.70 Cr | - |
| sNII (Rs 2L to Rs 10L) | Rs 1.87 Cr | Rs 396.50 Cr | 211.81x |
| Corporate | - | Rs 6.50 Cr | - |
| Individual | - | Rs 384.76 Cr | - |
| Other | - | Rs 5.24 Cr | - |
| IND | Rs 13.09 Cr | Rs 2,081.31 Cr | 158.98x |
| Fixed price | - | Rs 2,081.31 Cr | - |
| Total | Rs 26.20 Cr | Rs 4,795.63 Cr | 183.07x |
L.T.Elevator SME IPO Subscription by Applications
Category-wise subscription based on applications received
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| QIB | 600 | 84 | 0.14x |
| FII | - | 16 | - |
| DFI | - | 4 | - |
| Mutual Funds | - | 1 | - |
| Other | - | 63 | - |
| NII | 150 | 23,528 | 156.85x |
| bNII (above Rs 10L) | 100 | 13,882 | 138.82x |
| Corporate | - | 231 | - |
| Individual | - | 13,529 | - |
| Other | - | 122 | - |
| sNII (Rs 2L to Rs 10L) | 50 | 9,646 | 192.92x |
| Corporate | - | 163 | - |
| Individual | - | 9,345 | - |
| Other | - | 138 | - |
| IND | 524 | 83,386 | 159.13x |
| Fixed price | - | 83,386 | - |
| Total | 1,274 | 1,06,998 | 83.99x |
What Do These Subscription Numbers Mean?
A subscription of 182.95x by shares means the IPO received bids for 183 times the shares reserved. Allotment odds depend on application count in each category, not share volume.
Here is what each category number tells you:
QIB at 95.10x by shares: This is the strongest signal on the page. QIBs are institutional investors, mutual funds, foreign institutions, and banks. When they subscribe at 95.10x, it reflects serious institutional conviction.
NII at 156.85x by applications: NII includes high net worth individuals applying above Rs 2 lakh. Proportional allotment uses application subscription. bNII came in at 138.82x and sNII at 192.92x by applications. Share subscription was 356.52x. Allotment uses application count, not share volume.
At 159.13x subscription by applications, approximately 1 in 159 retail applicants can expect an allotment (~1% per application). Retail allotment is done by lottery when oversubscribed.
L.T.Elevator SME IPO Allotment Chances
Allotment odds below use application subscription (number of bids received), not share or amount subscribed.
Retail (IND)
- •Application subscription: 159.13x.
- •Allotment odds: about 1 in 159 (~1% chance per application).
- •Method: Lottery. If allotted, you receive at least one lot.
- •One application per PAN. Multiple eligible accounts in a household can improve overall family odds, not individual odds.
SHNI (Rs 2 lakh to Rs 10 lakh)
- •Application subscription: 192.92x.
- •Allotment odds: about 1 in 193 for a minimum-lot application (~1% of the applied lot on average).
- •Method: Proportional. Shares allotted are based on your bid size, not a lottery.
- •Share subscription was 211.81x. Allotment uses application count, not share volume.
BHNI (above Rs 10 lakh)
- •Application subscription: 138.82x.
- •Allotment odds: about 1 in 139 for a minimum-lot application (~1% of the applied lot on average).
- •Method: Proportional. Shares allotted are based on your bid size, not a lottery.
- •Share subscription was 428.88x. Allotment uses application count, not share volume.
Check the L.T.Elevator SME IPO Allotment Status page from 17 September 2025 for your allotment result.
L.T.Elevator SME IPO GMP After Subscription
GMP for L.T.Elevator SME stands at Rs 43.00 today, giving an estimated listing price of Rs 121.00 per share.
The GMP has moved up from Rs 10.00 on 12 Sept 2025 to Rs 45.00 on 19 Sept 2025.
A subscription of 182.95x combined with a GMP of 55.13% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.
Track live GMP on the L.T.Elevator SME IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.
L.T.Elevator SME IPO Day-wise Subscription
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 12 Sept 2025 | 0.00x | 1.19x | 0.84x | 0.68x |
| Day 2 - 15 Sept 2025 | 0.00x | 6.55x | 6.20x | 4.50x |
| Day 3 - 16 Sept 2025 | 95.10x | 356.16x | 158.90x | 182.95x |
L.T.Elevator SME IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 12 September 2025 |
| IPO Close Date | 16 September 2025 |
| Allotment Date | 17 September 2025 |
| Refund Initiation | 18 September 2025 |
| Share Credit to Demat | 18 September 2025 |
| Listing Date | 19 September 2025 |
| Minimum Investment | Rs 2,49,600.00 |
| Lot Size | 1600 shares |
About L.T.Elevator SME
No company information available
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors
High net worth individuals applying above Rs 2 lakh. Divided into bNII (above Rs 10 lakh) and sNII (Rs 2 lakh to Rs 10 lakh). NII allotment is proportional.
IND - Individual Investors
Investors applying up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Minimum one lot per successful applicant.
L.T.Elevator SME IPO Subscription FAQs
What is L.T.Elevator SME IPO subscription status today?
L.T.Elevator SME IPO subscription closed on 16 September 2025 with overall subscription of 182.95x (by shares) as of 27 June 2026, 3:01 AM IST. QIB 95.10x, NII 156.85x, IND 159.13x.
What is the overall subscription of L.T.Elevator SME IPO?
L.T.Elevator SME IPO is subscribed 182.95x overall by shares at close on 16 September 2025. QIB 95.10x, NII 156.85x, and IND 159.13x.
What is L.T.Elevator SME IPO QIB subscription?
L.T.Elevator SME IPO QIB (Qualified Institutional Buyers) subscription is 95.10x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is L.T.Elevator SME IPO IND subscription?
L.T.Elevator SME IPO IND subscription is 159.13x by applications. Minimum retail bid is up to Rs 2 lakh per PAN.
What is L.T.Elevator SME IPO NII subscription?
L.T.Elevator SME IPO NII (Non-Institutional Investors) subscription is 156.85x by applications. NII covers bids above Rs 2 lakh.
What are allotment chances in L.T.Elevator SME IPO for retail?
At 159.13x subscription by applications, approximately 1 in 159 retail applicants can expect an allotment (~1% per application). Allotment is done by lottery.
When is L.T.Elevator SME IPO allotment date?
L.T.Elevator SME IPO allotment date is 17 September 2025. Check L.T.Elevator SME IPO Allotment Status on IPOwiz from that day using your PAN.
When does L.T.Elevator SME IPO subscription close?
L.T.Elevator SME IPO subscription closed on 16 September 2025. No new applications are accepted after the close.
What is L.T.Elevator SME IPO GMP today?
L.T.Elevator SME IPO GMP is ₹43 today (+55.13% over issue price ₹78). See live GMP on the L.T.Elevator SME IPO GMP Today page.
What is L.T.Elevator SME IPO issue price and lot size?
L.T.Elevator SME IPO issue price is ₹78 per share. Lot size is 1600 shares. Minimum investment is ₹2,49,600 per lot (minimum 2 lots for SME). Issue size: ₹37.40 Cr.
When is L.T.Elevator SME IPO listing date?
L.T.Elevator SME IPO listing date is 19 September 2025 on NSE and BSE. Allotment is on 17 September 2025.
How does subscription affect L.T.Elevator SME IPO allotment?
Allotment odds in L.T.Elevator SME IPO depend on application subscription in each category, not share volume. Retail uses lottery when oversubscribed. NII proportional allotment at 156.85x by applications means roughly 1 in 157 for minimum-lot bids; bNII at 138.82x (~1 in 139). At 182.95x overall, competition is very high.
For allotment results from 17 September 2025, visit the L.T.Elevator SME IPO Allotment Status page. For listing day updates on 19 September 2025, download the IPOwiz App.
Reviewed by Dinesh Agrawal
15+ years in Indian capital markets and IPO research. Subscription data verified before publish.