16-Oct-2026 16:18:27
LAPL AUTOMOTIVE : LISTS ON BSE SME VIA RS 32.40 CR IPO, BEGINS UNIT IV CONSTRUCTION
• Listed on BSE SME on August 13, 2026 through an IPO of ₹32.40 Cr at ₹94 per share • IPO subscribed 241.38 times; shares listed at ₹135, a 43.6% premium to issue price • Commenced construction of fourth manufacturing facility (Unit IV) at Chhatrapati Sambhajinagar after Bhumi Pujan on August 19, 2026 • Received three new vendor codes from leading automotive companies in August 2026, enabling participation in upcoming RFQs and development programmes • Offers platform-agnostic LED lighting for ICE and EV platforms; EV-segment customers secured across commercial and two-wheeler platforms • Added a new bus mirror and developed Rear Reflector, BGAUSS mirror and Splendor rotor; participated in ACMA Automechanika 2026 in New Delhi
LAPL Automotive Ltd
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