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LAPL Automotive IPO Allotment Status After 344.31x Subscription

Authored By HDFC SKY | Last Modified: Aug 11, 2026 12:03 PM IST

LAPL Automotive IPO closed with 344.31x subscription, with NII at 433.26x, retail at 387.78x and QIB at 200.23x. Allotment is due on August 11.

 

LAPL Automotive IPO Allotment Status After 344.31x Subscription
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Mumbai, August 11: The LAPL Automotive IPO has moved into the allotment stage after receiving an overwhelming response during its three-day bidding period. The ₹32.40 crore BSE SME issue closed on August 10 with an overall subscription of 344.31 times.

Demand was particularly strong in the non-institutional investor segment, where the issue was subscribed 433.26 times. Individual investors put in bids for 387.78 times the shares reserved for them, while the QIB portion, excluding anchor investors, was subscribed 200.23 times.

The IPO opened on August 6 and closed on August 10. With bidding now over, the focus shifts to the basis of allotment and the subsequent share credit and listing schedule.

LAPL Automotive IPO Allotment Date And Status Update

The LAPL Automotive IPO allotment is scheduled for August 11, 2026. The issue received bids for 79,08,16,800 shares against 22,96,800 shares offered across QIB, NII and individual investor categories.

Category Subscription
QIB (Ex Anchor) 200.23x
NII/HNI 433.26x
Individual Investors 387.78x
Total 344.31x

The heavy subscription means the allotment process will determine how many shares are finally assigned to successful applicants. The anchor investor and market maker portions are excluded from the total public subscription calculation.

How To Check LAPL Automotive IPO Allotment Status

Investors can check the LAPL Automotive IPO allotment once the basis of allotment is finalised by entering their application details on the registrar’s platform or through the relevant exchange mechanism.

The registrar for the issue is Maashitla Securities Pvt. Ltd. Investors will generally need details such as their PAN, application number or other requested application information to access the allotment status.

LAPL Automotive IPO Subscription Summary

The IPO saw demand build rapidly after a relatively modest opening on Day 1. The overall subscription stood at 4.46 times at the end of the first day and rose to 31.41 times on Day 2. By the close of bidding on August 10, it had reached 344.31 times.

Investor Category Shares Offered Shares Bid For Subscription
QIB (Ex Anchor) 6,52,800 13,07,12,000 200.23x
NII/HNI 4,96,800 21,52,42,800 433.26x
Individual Investors 11,47,200 44,48,61,600 387.78x
Total 22,96,800 79,08,16,800 344.31x

Within the NII category, the bNII segment was subscribed 477.05 times, while the sNII segment recorded 345.67 times subscription.

NII Category Subscription
bNII (> ₹10 lakh) 477.05x
sNII (< ₹10 lakh) 345.67x

The issue also had 9,76,800 shares allotted to anchor investors and 1,72,800 shares reserved for the market maker.

LAPL Automotive IPO Day-Wise Subscription Summary

The jump between the second and third days was substantial. QIB subscription moved from 3.56 times on Day 2 to 200.23 times by the close of Day 3. The retail book rose from 47.53 times to 387.78 times over the same period.

Date QIB (Ex Anchor) NII NII (> ₹10L) NII (< ₹10L) Individual Investors Total
August 6, 2026 (Day 1) 0.00x 4.21x 3.83x 4.96x 7.12x 4.46x
August 7, 2026 (Day 2) 3.56x 30.78x 28.83x 34.68x 47.53x 31.41x
August 10, 2026 (Day 3) 200.23x 433.26x 477.05x 345.67x 387.78x 344.31x

LAPL Automotive IPO Timeline

IPO Milestone Date
Issue Open Date August 6, 2026
Issue Close Date August 10, 2026
Basis of Allotment Date August 11, 2026
Initiation of Refunds August 12, 2026
Credit of Shares August 12, 2026
Listing Date on BSE SME August 13, 2026

Listing Date And Exchange Details

LAPL Automotive shares are scheduled to list on the BSE SME platform on August 13, 2026.

The IPO was entirely a fresh issue of 34,46,400 shares. The price band was fixed at ₹88 to ₹94 per share, with the issue price at ₹94 per share.

IPO Detail Particulars
Issue Size ₹32.40 crore
Fresh Issue 34,46,400 shares
Price Band ₹88 to ₹94 per share
Issue Price ₹94 per share
Lot Size 1,200 shares
Minimum Individual Investor Application 2,400 shares
Minimum Investment ₹2,25,600
Minimum HNI Application 3,600 shares
Minimum HNI Investment ₹3,38,400
Market Maker Reservation 1,72,800 shares
Listing Exchange BSE SME
Listing Date August 13, 2026

LAPL Automotive IPO: What Happens After Allotment?

With allotment scheduled for August 11, investors who receive shares are expected to see them credited to their demat accounts on August 12. Those who do not receive an allotment are scheduled to receive refunds from August 12.

The final step is the BSE SME listing on August 13.

GYR Capital Advisors Pvt. Ltd. is the book running lead manager and Maashitla Securities Pvt. Ltd. is the registrar to the issue. The market makers are Giriraj Stock Broking Pvt. Ltd. and Mansi Share & Stock Broking Pvt. Ltd.

Source:

  • https://www.chittorgarh.net/reports/anchor-investor/laplautomotivecompany_anchor_letterd53325de-1756-4bde-b3ee-8d5fff1d57c6.pdf
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