Company Disclosure

Key Business Metrics (as of September 2026)

  • Manufacturing units: 3 located in Aurangabad, Maharashtra
  • Business model: ODM (Original Design Manufacturing) and OBM (Original Brand Manufacturing)
  • Product divisions: 4 (Lighting, Motor, Mirror, Hoods)
  • Product certifications: ARAI, ICAT, CIRT, VRDE
  • Company founded in 2004 with IATF 16949:2016 certified processes

Business Highlights for H1 FY2027

BSE SME Listing

  • Listed on BSE SME Platform on August 13, 2026
  • IPO size: ₹32.40 crore at ₹94 per share
  • IPO subscription: 241.38 times
  • Listing price: ₹135 per share, representing a 43.6% premium to issue price

Manufacturing Expansion

  • Commenced construction of fourth manufacturing facility at Chhatrapati Sambhajinagar
  • Bhumi Pujan ceremony completed on August 19, 2026
  • Facility aimed at strengthening manufacturing, testing and in-house production capabilities

Business Development

  • Received three new vendor codes from leading automotive companies in August 2026
  • Participation in ACMA Automechanika 2026, New Delhi to strengthen aftermarket presence

Product Portfolio Developments

  • Added new bus mirror to product portfolio
  • Successfully developed Rear Reflector (RR), BGAUSS mirror and Splendor rotor
  • Offers platform-agnostic LED lighting solutions for both ICE and EV platforms
  • EV-segment customers secured across commercial and two-wheeler platforms
  • Increasing focus on LED and projector lighting, BLDC and high-efficiency motors

Management Commentary

Mr. Neeraj Satyaprakash Goyal, Chairman & Managing Director (DIN: 00871808), stated: "Over the past two decades, LAPL has grown from a single automotive lighting unit into an integrated manufacturer of lighting systems, motors, mirrors and components, serving OEMs across passenger vehicles, commercial vehicles, two-wheelers and electric mobility. Our listing on the BSE SME Platform marks our transition into the next phase of growth. We intend to leverage the opportunities that come with being a listed entity to strengthen our manufacturing capabilities, expand our product range, deepen our market presence and evolve from a component supplier to a long-term OEM development partner."

Disclaimer and Notes

  • Contains forward-looking statements subject to risks including government actions, economic developments, technological risks and other factors
  • Company undertakes no obligation to update forward-looking statements
  • Figures mentioned are management estimates subject to final audit adjustments