LAPL Automotive IPO is an SME IPO raising ₹32 Cr at ₹88 – ₹94 a share. It listed on 13 Aug 2026 at ₹135, +43.6% against its issue price of ₹94, and trades at ₹127 today (+35.2% since issue). It was subscribed 320× in total.
320.2 times more demand than shares on offer
populated partly populated we hold nothing here — the tab says why
The issuer’s own summary of outstanding legal proceedings — SEBI requires this table in every prospectus. Counts and amounts are as disclosed; the disclosed aggregate at stake is ₹0.1 Cr.
| Against | Criminal | Tax | Other material | Amount at stake |
|---|---|---|---|---|
| The company | 1 | 9 | 0 | ₹0.1 Cr |
| Promoters | 0 | 19 | 1 | ₹0.0 Cr |
| Directors | 0 | 2 | 0 | ₹0.0 Cr |
APPL Industries Ltd vs. LAPL Automotive Private Limited — criminal proceeding filed by Company (as creditor of Lumax Automotive System Ltd, in liquidation) seeking condonation of delay under Rule 9/177 of Companies (Court) Rules, 1959; outstanding principal of ₹3.91 Lakhs plus compound interest; delay condoned vide order dated November 22, 2019
Rohan Rameshwar Dongre vs Afroj Khan Mustafa Khan & Ors. (MACP M.A. No. 107/2023) — motor accident claim petition filed against Promoter Niraj Satyaprakash Goyal (Respondent No. 2, as registered owner of the vehicle) and others before District & Sessions Court, Aurangabad; arising from accident on February 14, 2022 (Crime No. 39/2022); next hearing September 15, 2026
All amounts stated in Lakhs; converted to crore (1 Crore = 100 Lakhs). Tax proceedings are predominantly minor TDS demand traces and Income Tax/GST demands (single largest being ₹21,990 income tax demand for AY 2025 against Promoter Neeraj Satyaprakash Goyal). The sole 'other' material civil matter (motor accident claim) carries no quantified amount. No litigation involving subsidiaries or group companies is disclosed in this section; grand total of ₹10.40 Lakhs (₹0.104 Crore) is computed by aggregating stated tax figures across Company, Directors and Promoters — no explicit grand total is provided in the prospectus.. Outstanding means unresolved — a listed case is an exposure, not a verdict.
What the issuer and the exchanges published. Everything else on this tab is read out of these.
