16 Sep 2025 | 5 Mins Read
LT Elevator IPO sees 170x oversubscription with dates announced
Flipitmoney
LT Elevator's IPO closed with 170.25 times subscription, receiving 61.48 crore bids for 36.11 lakh shares via 1.06 lakh applications. Non-institutional investors led with 263.87 times their quota, while retail and QIBs subscribed 158.98 and 95.1 times, respectively. IPO shares traded 30% higher in the grey market, with allotment and listing scheduled for September 17 and 19.