Bookbuilding IPO | ₹75 Cr | Listed at BSE, NSE | Mon, Jan 8, 2007 - Fri, Jan 12, 2007
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 per share. The lot size for an application is 25. The minimum amount of investment required by an retail is ₹5,625 (25 shares) (based on upper price). 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 Open
Mon, Jan 8, 2007
IPO Close
Fri, Jan 12, 2007
Issue Price
₹225 per share
Market Cap (Pre-IPO)
₹23.33 Cr
| IPO Date | 8 to 12 Jan, 2007 |
| Listed on | Wed, Jan 31, 2007 |
| Face Value | ₹10 per share |
| Price Band | ₹200 to ₹225 |
| Issue Price | ₹225 per share |
| Lot Size | 25 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 33,33,333 shares (agg. up to ₹75 Cr) |
| Fresh Issue | 33,33,333 shares (agg. up to ₹75 Cr) |
| Share Holding Pre Issue | 70,33,511 shares |
| Share Holding Post Issue | 10,36,844 shares |
| BSE Script Code / NSE Symbol | 532797 / AUTOIND |
| ISIN | INE718H01014 |
Autoline Industries IPO comprises a total issue size of 33,33,333 shares. Out of which, 16,66,667 (50.00%) are allocated to QIB, 5,00,000 (15.00%) allocated to NII 11,66,666 (35.00%) allocated to RII.
| Investor Category | Shares Offered | % of Total Issue | Max 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% |
Investors can bid for a minimum of 25 shares and in multiples thereof.
| 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 |
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.
| Period Ended |
|---|
| Amount in ₹ Crore |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 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 |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 44.28% | 30.03% |
| Market Cap | ₹23.33 Cr. |
The Autoline IPO is subscribed 17.36 times on January 12, 2007 5:00:00 PM (Day 5). The public issue subscribed 12.46 times in the retail category, 16.26 times in the QIB category, and 32.44 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Book Running Lead Managers/Syndicate fees | 1.50 |
| 2 | Registrar to the Issue | 0.10 |
| 3 | Advisors to the Issue | 0.10 |
| 4 | Printing & Stationery | 1.00 |
| 5 | Advertising Expense | 0.60 |
| 6 | Brokerage and Selling Commission | 1.50 |
| 7 | Legal Fees | 0.10 |
| 8 | Other Expenses (incl. Filing Fees, Listing Fees, Depository charges, etc.) | 0.10 |
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹225.00 | ₹225.00 |
| Open | ₹261.15 | ₹230.00 |
| Low | ₹252.25 | ₹230.00 |
| High | ₹282.00 | ₹287.70 |
| Last Trade | ₹257.95 | ₹257.15 |
Lead Manager Reports
Autoline Industries IPO is a main-board IPO of 33,33,333 equity shares of the face value of ₹10 aggregating up to ₹75 Crores. The issue is priced at ₹225 per share. The minimum order quantity is 25.
The IPO opens on Mon, Jan 8, 2007, and closes on Fri, Jan 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 Mon, Jan 8, 2007 and closes on Fri, Jan 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 Wed, Jan 31, 2007.
