04
Aug
New Delhi [India], August 4: LAPL Automotive Limited is an integrated manufacturer of automotive lighting, motor, mirrors & other components for two-wheelers, three-wheelers, four-wheelers, buses, and utility vehicles. The Company is entering the capital markets with its Initial Public Offering (IPO) on the BSE SME platform with a 100% fresh issue IPO of up to 34.46 lakh equity shares of face value of ₹ 10 each on the BSE SME platform, aiming to raise ₹ 32.40 crore at a price band of ₹88 – ₹94 per share (lot size: minimum 2,400 shares and in multiples of 1,200 equity shares thereafter). The Company proposes to utilise the net proceeds of the Issue…