Comparison between L.T.Elevator IPO and Ravelcare IPO.
L.T.Elevator IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Ravelcare IPO is a SME Bookbuilding proposed to list at BSE SME.
| L.T.Elevator IPO | Ravelcare IPO | |
|---|---|---|
| Logo |  | |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Horizon Management Pvt.Ltd. | Marwadi Chandarana Intermediaries Brokers Pvt.Ltd. |
| Registrar | Cameo Corporate Services Ltd. | Kfin Technologies Ltd. |
| Market Maker | Rainbow Securities Pvt.Ltd. | SS Corporate Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | Anchor Investor |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of L.T.Elevator IPO is up to ₹37.40 Cr whereas the issue size of the Ravelcare IPO is up to ₹22.88 Cr. The final issue price of L.T.Elevator IPO is ₹78.00 per share and of Ravelcare IPO is ₹130.00 per share.
| L.T.Elevator IPO | Ravelcare IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹76.00 per share | ₹123.00 per share |
| Issue Price (Upper) | ₹78.00 per share | ₹130.00 per share |
| Issue Price (Final) | ₹78.00 per share | ₹130.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 1000 shares |
| Fresh Issue Size | 47,95,200 shares | 17,60,000 shares |
| Fresh Issue Size (Amount) | up to ₹37.40 Cr | up to ₹22.88 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 47,95,200 shares | 17,60,000 shares |
| Issue Size Total (Amount) | up to ₹37.40 Cr | up to ₹22.88 Cr |
L.T.Elevator IPO opens on Sep 12, 2025, while Ravelcare IPO opens on Dec 01, 2025. The closing date of L.T.Elevator IPO and Ravelcare IPO is Sep 16, 2025, and Dec 03, 2025, respectively.
| L.T.Elevator IPO | Ravelcare IPO | |
|---|---|---|
| Anchor Bid Date | Sep 11, 2025 | Nov 28, 2025 |
| Issue Open | Sep 12, 2025 | Dec 01, 2025 |
| Issue Close | Sep 16, 2025 | Dec 03, 2025 |
| Basis Of Allotment (Tentative) | Sep 17, 2025 | Dec 04, 2025 |
| Initiation of Refunds (Tentative) | Sep 18, 2025 | Dec 05, 2025 |
| Credit of Share (Tentative) | Sep 18, 2025 | Dec 05, 2025 |
| Listing date (Tentative) | Sep 19, 2025 | Dec 08, 2025 |
| Anchor Lockin End date 1 | Oct 17, 2025 | Jan 03, 2026 |
| Anchor Lockin End date 2 | Dec 16, 2025 | Mar 04, 2026 |
L.T.Elevator IPO P/E ratio is 12.31, as compared to Ravelcare IPO P/E ratio of 12.38.
| L.T.Elevator IPO | Ravelcare IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Financials | Company Financials (Restated Consolidated)L.T.Elevator Ltd.'s revenue increased by 40% and profit after tax (PAT) rose by 182% between the financial year ending with March 31, 2025 and March 31, 2024.
| Company Financials (Restated)Ravelcare Ltd.'s revenue increased by 14% and profit after tax (PAT) rose by 5% between the financial year ending with March 31, 2025 and March 31, 2024.
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| Promoter Shareholding (Pre-Issue) | 85.14 | 99.96 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 62.71 | 72.95 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 12.31 | 12.38 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹149.47 Cr. | ₹89.17 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 20.52% | 68.04% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 30.50% | 68.32% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.38 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹6.34 | ₹10.50 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 19.68% | 50.77% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the L.T.Elevator IPO Retail Individual Investors (RII) are offered 16,78,400 shares while in Ravelcare 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 3,51,000 shares in Ravelcare IPO.
| L.T.Elevator IPO | Ravelcare IPO | |
|---|---|---|
| Anchor Investor Reservation | 14,36,800 shares | 5,25,000 shares |
| Market Maker Reservation | 2,52,800 shares | 94,000 shares |
| QIB | 9,60,000 shares | 3,51,000 shares |
| NII | 7,20,000 shares | 2,64,000 shares |
| RII | 16,78,400 shares | 6,20,000 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 47,95,200 shares | 17,60,000 shares |
L.T.Elevator IPO subscribed 182.95x in total, whereas Ravelcare IPO subscribed 437.60x.
| L.T.Elevator IPO | Ravelcare IPO | |
|---|---|---|
| QIB (times) | 95.10x | 155.91x |
| NII (times) | 356.16x | 752.16x |
| Big NII (times) | 428.35x | 879.74x |
| Small NII (times) | 211.79x | 505.50x |
| RII (times) | 158.90x | 463.13x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 182.95x | 437.60x |
