Neolite ZKW Lightings IPO Description – Founded in 1992, Neolite ZKW is a leading manufacturer and global supplier of automotive lighting products and components that cater to OEMs and the aftermarket segment. Its product portfolio spans over 830 SKUs across passenger vehicles (PVs), commercial vehicles (CVs), off-road vehicles (ORs), two-wheelers (2Ws), and three-wheelers (3Ws). The company manufactures a wide range of automotive lighting solutions including headlamps, tail lamps, fog lamps, ambient lighting, and LED-based systems for both electric vehicles (EVs) and internal combustion engine (ICE) vehicles.
The company is a dominant player in the domestic commercial vehicle lighting segment with a market share of 34.43% in FY2025, according to CRISIL. It serves more than 40 OEMs globally, including 38 OEMs in India, while exporting products to over 50 countries across CIS regions, North America, and Western Europe. Export revenue contributed 46.35% of total revenue in FY2025. The company operates three semi-automated manufacturing facilities in Haryana and Maharashtra with integrated design centres. The company is backed by Austria-based ZKW Group GmbH, which is a subsidiary of LG Electronics. As of 31 October 2025, the comapny has a workforce of 629 employees.
Promoters of Neolite ZKW Lightings – Rajesh Jain, Vaishali Jain and Pramod Plastic Industries Private Limited
Neolite ZKW Lightings IPO Details
| Neolite ZKW Lightings IPO Dates | Coming soon |
| Neolite ZKW Lightings Issue Price | Coming soon |
| Fresh Issue | INR 400 crore |
| Offer For Sale | INR 200 crore |
| Total IPO Size | INR 600 crore |
| Minimum Bid (Lot Size) | Coming soon |
| Pre-issue Shares | 5,89,87,400 shares |
| Face Value | INR 10 per share |
| Listing On | NSE, BSE |
Neolite ZKW Lightings IPO Allocation in Different Categories
Neolite ZKW Lightings Financial Performance
| FY 2023 | FY 2024 | FY 2025 | Q1 FY 2026 | |
| Revenue | 405.38 | 402.99 | 512.08 | 124.86 |
| Expenses | 385.24 | 377.26 | 441.52 | 94.53 |
| Net Income | 15.59 | 19.05 | 52.82 | 22.26 |
| Margin (%) | 3.85 | 4.65 | 10.31 | 17.83 |
Neolite ZKW Lightings Offer News
Neolite ZKW Lightings Valuations & Margins
| FY 2023 | FY 2024 | FY 2025 (Pre-Issue) | FY 2026* (Post-Issue) | |
| EPS | 2.30 | 2.81 | 7.79 | – |
| PE Ratio | – | – | – | – |
| Price/Sales Ratio | – | – | – | – |
| Price/Book Ratio | – | – | – | – |
| Current Ratio | 1.35 | 1.31 | 1.41 | – |
| FY 2023 | FY 2024 | FY 2025 | |
| RONW (%) | 15.14 | 15.85 | 33.90 |
| NAV | 16.32 | 19.13 | 26.83 |
| ROCE (%) | 13.48 | 15.54 | 31.12 |
| EBITDA (%) | 10.25 | 12.53 | 18.84 |
| Debt/Equity | 1.02 | 0.72 | 0.53 |
Evaluate the quality of an IPO using these essential investing ratios to make an informed decision.
Neolite ZKW Lightings IPO Anchor Investors
Neolite ZKW Lightings raises () from anchor investors. Neolite ZKW Lightings Anchor bid date is ().
| Bid Date | Coming soon |
| Shares Offered | Coming soon |
| Anchor Portion (INR Cr.) | Coming soon |
| Anchor lock-in period end date for 50% shares (30 Days) | Coming soon |
| Anchor lock-in period end date for remaining shares (90 Days) | Coming soon |
Neolite ZKW Lightings IPO GMP Today (Daily Trend)
Neolite ZKW Lightings Offer Objectives
The company proposes to utilize net proceeds from the issue towards the following objects:
- Financing the capital expenditure requirements for setting up a new greenfield manufacturing facility at Kancheepuram, Tamil Nadu – INR 152.51 crore
- Purchase of plant and machinery, SMT lines and testing equipment for electronic expansion and upgradation of existing Unit 1 Manufacturing Facility – INR 79.08 crore
- Repayment/Pre-payment, in full or part, of certain outstanding borrowings availed by the company – INR 65 crore
- General Corporate Purposes
Neolite ZKW Lightings IPO Subscription – Live Updates
Coming soon
() shares allotted to anchor investors are not included in these calculations.
Neolite ZKW Lightings – Comparison With Listed Peers
| Company | PE ratio | EPS | RONW (%) | NAV | Revenue (Cr.) |
| Neolite ZKW Lightings | – | 7.79 | 33.90 | 26.83 | 512.08 |
| UNO Minda | 77.40 | 16.37 | 19.88 | 95.94 | 16,774.61 |
| Varroc Engineering | 158.42 | 4.01 | 6.98 | 67.52 | 8,154.08 |
| Fiem Industries | 30.87 | 77.86 | 21.29 | 394.45 | 2,422.61 |
| Lumax Industries | 37.40 | 149.67 | 19.35 | 828.31 | 3,400.39 |
Neolite ZKW Lightings IPO Allotment Status
You can check Neolite ZKW Lightings IPO allotment status on KFin Technologies’ website. Click on this link to get the allotment status. Often not getting IPO allotment? Learn how to improve your IPO allotment chances.
Neolite ZKW Lightings IPO Dates & Listing Performance
| IPO Opening Date | Coming soon |
| IPO Closing Date | Coming soon |
| Finalization of Basis of Allotment | Coming soon |
| Initiation of refunds | Coming soon |
| Transfer of shares to demat accounts | Coming soon |
| Neolite ZKW Lightings IPO Listing Date | Coming soon |
| Opening Price on NSE | Coming soon |
| Closing Price on NSE | Coming soon |
Neolite ZKW Lightings IPO Reviews – Subscribe or Avoid?
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Neolite ZKW Lightings IPO Lead Manager
ANAND RATHI ADVISORS LIMITED
11th Floor, Times Tower, Kamla City,
Senapati Bapat Marg, Lower Parel,
Mumbai – 400 013, Maharashtra, India
Tel: +91 22 4047 7000
E-mail: [email protected]
Website: www.anandrathiib.com
Neolite ZKW Lightings Offer Registrar
KFIN TECHNOLOGIES LIMITED
Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032
Tel: +91 40 6716 2222
E-mail: [email protected]
Website: www.kfintech.com
NEOLITE ZKW LIGHTINGS LIMITED
Plot No.36, Sector-4B, HSIIDC Industrial Estate,
Bahadurgarh, Jhajjar, Haryana – 124507, India
Phone: +91 11 4502 8224
Email: [email protected]
Website: www.neolitezkw.com
IPO Resources
How many shares in Neolite ZKW Lightings IPO are reserved for HNIs and retail investors?
The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%.
How to apply in Neolite ZKW Lightings Public Offer?
What is Neolite ZKW Lightings IPO GMP today?
Neolite ZKW Lightings IPO GMP today is INR NA per share.
What is Neolite ZKW Lightings Subject to Sauda rate today?
Neolite ZKW Lightings Subject to Sauda rate today is INR NA per application.
Krishna comes from a family of investors and financial analysts, She learnt wading through regulatory filings pretty early in her career. She has several years of experience in financial and industry analysis under her belt. At IPO Central, Krishna plays twin roles of Contributor and Head of research desk.
