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L.T.Elevator IPO vs Nikita Papers IPO

Comparison between L.T.Elevator IPO and Nikita Papers IPO.

IPO Details

L.T.Elevator IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Nikita Papers IPO is a SME Bookbuilding proposed to list at NSE SME.

 L.T.Elevator IPONikita Papers IPO
LogoL.T.Elevator IPO LogoNikita Papers IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtBSE SMENSE SME
Lead ManagersHorizon Management Pvt.Ltd.Fast Track Finsec Pvt.Ltd.
RegistrarCameo Corporate Services Ltd.Skyline Financial Services Pvt.Ltd.
Market MakerRainbow Securities Pvt.Ltd.Rikhav Securities Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor Anchor Investor
IPO Allotment URLIPO Allotment URL

Issue Size and Price

The total issue size of L.T.Elevator IPO is up to ₹37.40 Cr whereas the issue size of the Nikita Papers IPO is up to ₹64.15 Cr. The final issue price of L.T.Elevator IPO is and of Nikita Papers IPO is ₹104.00 per share.

 L.T.Elevator IPONikita Papers IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹76.00 per share₹95.00 per share
Issue Price (Upper)₹78.00 per share₹104.00 per share
Issue Price (Final)₹104.00 per share
Discount (Retail)₹0.00 per share
Discount (Employee)
Market Lot Size1600 shares1200 shares
Fresh Issue Size47,95,200 shares61,68,000 shares
Fresh Issue Size (Amount)up to ₹37.40 Crup to ₹64.15 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total47,95,200 shares61,68,000 shares
Issue Size Total (Amount)up to ₹37.40 Crup to ₹64.15 Cr

IPO Timetable

L.T.Elevator IPO opens on Sep 12, 2025, while Nikita Papers IPO opens on May 27, 2025. The closing date of L.T.Elevator IPO and Nikita Papers IPO is Sep 16, 2025, and May 29, 2025, respectively.

 L.T.Elevator IPONikita Papers IPO
Anchor Bid DateSep 11, 2025May 26, 2025
Issue OpenSep 12, 2025May 27, 2025
Issue CloseSep 16, 2025May 29, 2025
Basis Of Allotment (Tentative)Sep 17, 2025May 30, 2025
Initiation of Refunds (Tentative)Sep 18, 2025Jun 02, 2025
Credit of Share (Tentative)Sep 18, 2025Jun 02, 2025
Listing date (Tentative)Sep 19, 2025Jun 03, 2025
Anchor Lockin End date 1Oct 11, 2025Jun 30, 2025
Anchor Lockin End date 2Dec 10, 2025Aug 28, 2025

Financials & KPIs

L.T.Elevator IPO P/E ratio is 12.31, as compared to Nikita Papers IPO P/E ratio of 11.39.

 L.T.Elevator IPONikita Papers IPO
FinancialsEBITDA

Nikita Papers Limited Financial Information (Restated)

Period Ended31 Dec 202431 Mar 202431 Mar 202331 Mar 2022
Assets349.78299.00256.80235.30
Total Income272.38346.78401.31358.49
Profit After Tax15.6816.608.656.95
Net Worth93.0577.3754.7446.10
Reserves and Surplus74.8859.2046.1337.48
Total Borrowing206.71189.24163.02124.74
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)85.1480.38
Promoter Shareholding (Post-Issue)59.219
P/E Ratio12.3111.39
Market Cap₹149.47 Cr.₹256.55 Cr.
ROE20.52%21.45%
ROCE30.50%28.71%
Debt/Equity0.380.45
EPS₹6.34₹9.13
RoNW19.68%21.45%

Shares Offered

In the L.T.Elevator IPO Retail Individual Investors (RII) are offered 16,78,400 shares while in Nikita Papers IPO retail investors are offered 16,78,400 shares. Qualified Institutional Buyers (QIB) are offered 9,60,000 shares in L.T.Elevator IPO and 22,15,200 shares in Nikita Papers IPO.

 L.T.Elevator IPONikita Papers IPO
Anchor Investor Reserveration14,36,800 shares8,68,800 shares
Market Maker Reserveration2,52,800 shares3,26,400 shares
QIB9,60,000 shares22,15,200 shares
NII7,20,000 shares9,25,200 shares
RII16,78,400 shares21,58,800 shares
Employee0 shares0 shares
Others
Total47,95,200 shares61,68,000 shares

Bids Received (Subscription)

L.T.Elevator IPO subscribed 0.68x in total, whereas Nikita Papers IPO subscribed 1.43x.

 L.T.Elevator IPONikita Papers IPO
QIB (times)0.00x0.74x
NII (times)1.19x2.11x
Big NII (times)1.64x
Small NII (times)0.30x
RII (times)0.84x1.84x
Employee (times)
Other (times)
Total (times)0.68x1.43x