LAPL Automotive plans to raise up to ₹32.40 crore through its upcoming BSE listing, funding a new manufacturing facility and strengthening its presence in the Indian automotive parts sector amidst rising revenue and profit growth.
LAPL Automotive is coming to the market with a small and medium enterprise listing on the BSE, seeking to raise up to ₹32.40 crore through a fresh issue of 34.46 lakh equity shares. The price band has been fixed at ₹88 to ₹94 a share, with the issue opening on August 6, 2026 and closing on August 10, 2026. The minimum application size is 2,400 shares.
According to the company’s offer details, the proceeds are intended for capital spending on a new manufacturing facility at Shendra in Maharashtra’s Chhatrapati Sambhajinagar district, as well as for repayment or prepayment of certain secured borrowings and general corporate purposes. GYR Capital Advisors is the book-running lead manager, while Maashitla Securities is the registrar.
LAPL Automotive says it makes lighting systems, motors, mirrors and plastic-moulded parts for two-wheelers, three-wheelers, passenger cars, commercial vehicles, buses and utility vehicles. It is also pitching a dual original design manufacturer and original brand manufacturer model, which lets it work with vehicle makers while building its own LAPL brand. The company says its in-house design, engineering, tooling and manufacturing capabilities help it offer quicker turnarounds and more consistent quality.
The business is based in Aurangabad and has three manufacturing units in Chhatrapati Sambhajinagar, giving it access to major automotive hubs in western India. Company data compiled by The Company Check shows LAPL Automotive was incorporated in November 2004 and posted revenue of ₹67 crore in fiscal 2025, up 9% year on year. Separate IPO tracking data indicates annualised revenue of ₹82.35 crore in fiscal 2026 and profit after tax of ₹7.52 crore, underscoring the stronger operating scale it is presenting to investors ahead of the listing.
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