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Autoline Industries IPO is a book build issue of ₹75.00 crores. The issue is entirely a fresh issue of 0.33 crore shares of ₹75.00 crore.
Autoline Industries IPO bidding started from Jan 8, 2007 and ended on Jan 12, 2007. The shares got listed on BSE, NSE on Jan 31, 2007.
Autoline Industries IPO price band is set at ₹225.00 per share . The lot size for an application is 25. The minimum amount of investment required by an retail is ₹5,000 (25 shares). The lot size investment for sNII is 36 lots (900 shares), amounting to ₹2,02,500, and for bNII, it is 178 lots (4,450 shares), amounting to ₹10,01,250.
BOB Capital Markets Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.
Refer to Autoline Industries IPO RHP for detailed Information.
| IPO Date | January 8, 2007 to January 12, 2007 |
| Listing Date | January 31, 2007 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹200 to ₹225 per share |
| Issue Price Final | ₹225 per share |
| Lot Size | 25 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 33,33,333 shares (aggregating up to ₹75.00 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 70,33,511 shares |
| Share Holding Post Issue | 10,36,844 shares |
Autoline IPO offers total 33,33,333 shares. Out of which 16,66,667 (50.00%) allocated to QIB, 5,00,000 (15.00%) allocated to NII, 11,66,666 (35.00%) allocated to RII.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| QIB Shares Offered | 16,66,667 (50.00%) | NA |
| NII (HNI) Shares Offered | 5,00,000 (15.00%) | NA |
| Retail Shares Offered | 11,66,666 (35.00%) | 46,666 |
| Total Shares Offered | 33,33,333 (100.00%) |
Autoline Industries IPO opens on January 8, 2007, and closes on January 12, 2007.
| IPO Open Date | Mon, Jan 8, 2007 |
| IPO Close Date | Fri, Jan 12, 2007 |
| Tentative Listing Date | Wed, Jan 31, 2007 |
| Cut-off time for UPI mandate confirmation | 5 PM on Fri, Jan 12, 2007 |
Investors can bid for a minimum of 25 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 25 | ₹5,625 |
| Retail (Max) | 35 | 875 | ₹1,96,875 |
| S-HNI (Min) | 36 | 900 | ₹2,02,500 |
| S-HNI (Max) | 177 | 4,425 | ₹9,95,625 |
| B-HNI (Min) | 178 | 4,450 | ₹10,01,250 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Autoline Industries Limited are manufacturer of various auto parts, sheet metal components, silencers and exhaust systems for passenger cars, sports utility vehicles, commercial vehicles, two wheelers, three wheelers, tractors, etc.
Autoline major clients include Tata Motors (TELCO), Bajaj Auto, Kinetic, Mahindra & Mahindra and others.
The Company Autoline IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 1 | Up gradation of facilities at existing unit at Chakan (Unit-I) | 0.87 |
| 2 | Setting up of New Unit at Chakan (Unit-II) | 5.10 |
| 3 | Relocation/consolidation of existing facilities at a new location | 0.74 |
| 4 | Corporate/Marketing Office at Bhosari | 0.10 |
| 5 | UAE Joint Venture Operations – Setting up manufacturing facility | 0.40 |
| 6 | Acquisitions | 0.50 |
| 7 | Modern Commercial Tool Room | 0.50 |
| 8 | Design Engineering Software Services | 0.20 |
| 9 | Contingencies | 0.40 |
| 10 | Augmentation of Long Term Working Capital Resources | 1.10 |
| 11 | Issue Expenses | 0.50 |
| Listing Date | January 31, 2007 |
| BSE Script Code | 532797 |
| NSE Symbol | AUTOIND |
| ISIN | INE718H01014 |
| Final Issue Price | ₹225 per share |
| BSE Listing Group | B1 |
Autoline Industries Ltd.
Autoline Industries Limited,
T-135, MIDC, Bhosari,
Pune 411026 India
Pune, Maharashtra
Phone: 020 - 30682011 / 12
Email: ipo@autolineind.com
Website: http://www.autolineind.com
MUFG Intime India Pvt.Ltd.
Phone: +91-22-4918 6270
Email: autolineipo@intimespectrum.com
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
Autoline Industries IPO is a main-board IPO of 33,33,333 equity shares of the face value of ₹10 aggregating up to ₹75.00 Crores. The issue is priced at ₹225 per share. The minimum order quantity is 25.
The IPO opens on January 8, 2007, and closes on January 12, 2007.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Autoline Industries IPO using UPI as a payment gateway. Zerodha customers can apply in Autoline Industries IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Autoline Industries IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Autoline Industries IPO opens on January 8, 2007 and closes on January 12, 2007.
Autoline Industries IPO lot size is 25, and the minimum amount required for application is ₹5,625.
You can apply in Autoline Industries IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Autoline Industries IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Autoline Industries IPO allotment status.
The Autoline Industries IPO listing date is on Wednesday, January 31, 2007.
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