H1 FY27 update: BSE SME listing, three new vendor codes, fourth plant begins
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LAPL Automotive shared its H1 FY27 business update. Key highlights: BSE SME listing on Aug 13, 2026 via Rs 32.40 Cr IPO at Rs 94 per share, subscribed 241x, listed at Rs 135 (43.6 percent premium). Construction began on fourth Aurangabad unit after Bhumi Pujan on Aug 19. Three new vendor codes received from leading OEMs in August 2026. Participated in ACMA Automechanika 2026. New products include bus mirror, Rear Reflector, BGAUSS mirror and Splendor rotor. EV-ready LED lighting portfolio covers both ICE and EV platforms.
Positive update: strong IPO subscription, capacity addition and new OEM vendor codes signal growth momentum for shareholders.