🚀📌 L.T. Elevator Ltd IPO – SME Complete Review

Elevators & Escalators 🏙️ | Infra Growth 🚇 | AMC Revenues 🔄

An elevator & escalator solutions provider is coming to Dalal Street via BSE SME listing. Let’s decode this ₹39 Cr issue 👇🧵

@manishlalwani9 @Tanmay_31_
@sachprat07 @rohiitian Company Overview
🔹 Incorporated: 2012
🔹 Sector: Industrial Products – Elevators & Escalators
🔹 Business Activities:
• Manufacturing elevators & escalators
• Installation & modernization projects
• Maintenance & service contracts (AMC)

🔹 Clients: Real estate developers, commercial projects, residential complexes
🔹 Markets: Primarily India-focused (Tier-I & Tier-II cities)
👉 Business model offers a mix of one-time project revenue + recurring AMC income

𝗔𝗰𝗺𝗲 𝗦𝗼𝗹𝗮𝗿 – 𝗜𝗻𝗱𝗶𝗮’𝘀 𝗜𝗻𝘁𝗲𝗴𝗿𝗮𝘁𝗲𝗱 𝗥𝗲𝗻𝗲𝘄𝗮𝗯𝗹𝗲 𝗣𝗼𝘄𝗲𝗿𝗵𝗼𝘂𝘀𝗲 🧵👇
One of India’s largest Independent Power Producers (IPP) and among the Top 10 renewable players.
A deep dive into business model, capacity, financials & valuations 1/ Business Model & Moat
▪ Integrated structure with inhouse EPC + O&M provides:
– Lower execution costs
– Superior EBITDA margins/MW
– Reduced vendor dependency

▪ 25-year PPAs with central/state entities ensure long-term cash flow visibility.