LAPL Automotive IPO
Auto Ancillaries • ₹32.4 Cr
High risk because:
- 5 material risk factors disclosed in DRHP
- High customer concentration flagged in the DRHP
- Regulatory or legal risks cited in DRHP
IPOFins risk score from DRHP risk factors, subscription demand & issue structure
Price Band
₹94
Lot Size
1200 shares
Issue Size
₹32.4 Cr
Open
06 Aug 2026
Close
10 Aug 2026
Subscription
319×
IPO Schedule
| Issue Open Date | 06 Aug 2026 |
| Issue Close Date | 10 Aug 2026 |
| Allotment Date | 11 Aug 2026 |
| Listing Date | 12 Aug 2026 |
About LAPL Automotive
LAPL Automotive is an automotive components manufacturer operating under Original Design Manufacturing (ODM) and Original Brand Manufacturing (OBM) models. Its product portfolio includes automotive lighting systems, mirrors, plastic-moulded components, and other components and accessories for passenger vehicles, commercial vehicles, two-wheelers, and electric mobility segments. Its lighting products include tail lamps, front and rear indicators, reflex reflectors, head lamps, stop lamps, position lamps, reverse lamps, and roof lamps. The company also manufactures motor components such as starter motors, wiper motors and rotors, along with hoods, stators and small BLDC fans. Under its ODM model, the company designs and manufactures components for customers using their own brands or integrating them into vehicle production. Under the OBM model, it manufactures and supplies products under its “LAPL” brand. The company operates three manufacturing facilities located in Chhatrapati Sambhaji Nagar (formerly Aurangabad), Maharashtra, including two units in MIDC Waluj and one in Auric City, Shendra. Use of proceeds: This is a fresh issue of shares. Therefore, the net proceeds from the fresh issue will go to the company. They will be utilised for the following purposes: Funding of capital expenditure requirements towards setting up a new manufacturing facility — Rs 19.56 crore Repayment and/or prepayment of all or a portion of certain outstanding secured borrowings availed by the company — Rs 4.79 crore General corporate purposes.
Company Details
Founders / Promoters
Mr Neeraj Goyal
Founded
2004
Registrar
Maashitla Securities Pvt Ltd
Documents
DRHP / RHP Document (PDF)
View official prospectus →
Investment Analysis
LAPL Automotive — IPOFins Verdict
QuantitativeDriven by QIB demand at 200.2x and elevated disclosed risk (8/10), LAPL Automotive listed at a premium of 43.6% to its issue price. SME listings are also thinner and more volatile after listing. The signals lean constructive — still confirm valuation against listed peers and read the DRHP before applying beyond one lot.
- LAPL Automotive operates through two models — Original Design Manufacturing (ODM) and Original Brand Manufacturing (OBM). This allows the company to manufacture components for customers under their br
- The company has in-house capabilities covering product design, engineering, tooling, prototyping, and manufacturing. This allows it to manage multiple stages of product development and production inte
- The company manufactures automotive lighting systems, mirrors, plastic-moulded components, motor components, and other accessories. Its products cater to passenger vehicles, commercial vehicles, two-w
- LAPL Automotive operates three manufacturing units in Chhatrapati Sambhajinagar, Maharashtra.
- The company’s promoters, Neeraj Satyaprakash Goyal, Anita Neeraj Goyal, and Shubham Neeraj Goyal, have over 37 years, 22 years, and five years of experience, respectively, in the automotive business.
Score breakdown — what drove this verdict
High risk from DRHP → score -1.2
Institutional subscription → score +2.0
Strong retail interest → score +0.5
Actual listing outcome → score +1.5
SME IPOs have lower liquidity after listing → score −0.5
Base score: 5.0 · Final score = base + all factor adjustments, capped 1–10. Full methodology →
IPOFins Score is a quantitative signal from subscription demand, disclosed risk, and listing data — not investment advice. Not SEBI-registered.
Listing Performance
Issue Price
₹94
Listing Price
₹135
Listing Gain/Loss
+43.62%
Listing Date
12 Aug 2026
Price Since Listing
Returns are measured against the ₹94 issue price.
Listing
₹135
+43.6%
1 Week
₹118.7
+26.3%
Current
₹124.5
+32.4%
Want to buy this stock?
Trade LAPL Automotive on the secondary market
FAQ
What is the price band of LAPL Automotive IPO?
The price band is ₹94 per share with a lot size of 1200 shares. Minimum investment: ₹1,12,800.
What does LAPL Automotive do?
LAPL Automotive is an automotive components manufacturer operating under Original Design Manufacturing (ODM) and Original Brand Manufacturing (OBM) models. Its product portfolio includes automotive lighting systems, mirrors, plastic-moulded components, and other components and accessories for passenger vehicles, commercial vehicles, two-wheelers, and electric mobility segments. Its lighting products include tail lamps, front and rear indicators, reflex reflectors, head lamps, stop lamps, position lamps, reverse lamps, and roof lamps. The company also manufactures motor components such as starter motors, wiper motors and rotors, along with hoods, stators and small BLDC fans. Under its ODM model, the company designs and manufactures components for customers using their own brands or integrating them into vehicle production. Under the OBM model, it manufactures and supplies products under its “LAPL” brand. The company operates three manufacturing facilities located in Chhatrapati Sambhaji Nagar (formerly Aurangabad), Maharashtra, including two units in MIDC Waluj and one in Auric City, Shendra. Use of proceeds: This is a fresh issue of shares. Therefore, the net proceeds from the fresh issue will go to the company. They will be utilised for the following purposes: Funding of capital expenditure requirements towards setting up a new manufacturing facility — Rs 19.56 crore Repayment and/or prepayment of all or a portion of certain outstanding secured borrowings availed by the company — Rs 4.79 crore General corporate purposes.
Should I apply for LAPL Automotive IPO?
LAPL Automotive listed at ₹135 (+43.6% premium to the ₹94 issue price) after 318.6x subscription. IPOFins Score 7/10: Driven by QIB demand at 200.2x and elevated disclosed risk (8/10), LAPL Automotive listed at a premium of 43.6% to its issue price. SME listings are also thinner and more volatile after listing. The signals lean constructive — still confirm valuation against listed peers and read the DRHP before applying beyond one lot.
Who founded LAPL Automotive?
LAPL Automotive was founded by Mr Neeraj Goyal in 2004.