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Lumax Auto Technologies IPO is a fixed price issue .
Lumax Auto Technologies IPO bidding started from Dec 14, 2006 and ended on Dec 21, 2006. The shares got listed on BSE, NSE on Jan 16, 2007.
Lumax Auto Technologies IPO price is ₹75.00 per share .
Centrum Capital Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue.
Refer to Lumax Auto Technologies IPO RHP for detailed Information.
| IPO Date | December 14, 2006 to December 21, 2006 |
| Listing Date | January 16, 2007 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹75 per share |
| Lot Size | |
| Issue Type | Fixed Price IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 86,19,002 shares |
| Share Holding Post Issue | 1,16,31,002 shares |
Lumax Auto Technologies IPO opens on December 14, 2006, and closes on December 21, 2006.
| IPO Open Date | Thu, Dec 14, 2006 |
| IPO Close Date | Thu, Dec 21, 2006 |
| Tentative Listing Date | Tue, Jan 16, 2007 |
| Cut-off time for UPI mandate confirmation | 5 PM on Thu, Dec 21, 2006 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in 13th October, 1981, Lumax Auto Technologies Ltd. (LATL) engaged in the manufacturing and supply of a variety of automotive components for various auto applications. Lumax Auto mainly manufacture sheet metal products and lighting systems for the 2 wheeler and 3 wheeler industry. LATL has five manufacturing facilities located one at Bhosari, one at Chakan and three units at Waluj all in Maharashtra.
Products:
LATL manufactures automotive components for two, three and four wheeler industries.
1. Chassis: Chassis for Motorcycles & Scooterette;
2. Exhaust System: Silencers for, Scooetr & Scooterette;
3. Petrol Tanks: Petrol tanks for Scooter & Scooterette;
4. Sheet Metal & Tubular Welded Parts: Handle Bar Assy, Side Stand, Main Stand, Footrest Assy., Fork Assy., Number Plate;
5. Painting: Painting of silencers;
6. Lighting Equipment: Head Light, Tail Light & Blinkers for Two Wheelers.
Major Clients:
General Motors, Mitsubishi, Maruti-Suzuki, Honda, Hyundai, Tata Motors, Bajaj, M&M, Eicher and Yamaha.
| KPI | Values |
|---|---|
| RoNW | 28.91% |
The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital:
1. To investment in Lumax DK Auto Industries Limited (LDK), a LATL subsidiary;
2. To set up automotive lighting unit at Pantnagar, Uttaranchal;
3. To set up a leveling motor unit and enhancement of infrastructure facilities at Manesar near Gurgaon, Haryana;
4. To raise capital for setting up of chassis assembly at Bhosari near Pune, Maharashtra;
5. To expand current manufacturing facilities at Chakan, near Pune and Waluj, Aurangabad, Maharashtra.
| Listing Date | January 16, 2007 |
| BSE Script Code | 532796 |
| NSE Symbol | LUMAXTECH |
| ISIN | INE872H01019 |
| Final Issue Price | ₹75 per share |
| BSE Listing Group | B1 |
Lumax Auto Technologies Ltd.
Lumax Auto Technologies Ltd,
W-230, ‘S’ Block, M.I.D.C. Bhosari,
Pune - 411 026 India.
Pune, Maharashtra
Phone: +91-20-27122305
Email: info@lumaxautotech.com
Website: http://www.LumaxAutoTech.com
Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email:
Website: https://ipo.bigshareonline.com/IPO_Status.html
Lumax Auto Technologies IPO is a main-board IPO of 0 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at ₹75 per share. The minimum order quantity is .
The IPO opens on December 14, 2006, and closes on December 21, 2006.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Lumax Auto Technologies IPO using UPI as a payment gateway. Zerodha customers can apply in Lumax Auto Technologies IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Lumax Auto Technologies IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Lumax Auto Technologies IPO opens on December 14, 2006 and closes on December 21, 2006.
Lumax Auto Technologies IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Lumax Auto Technologies 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 Lumax Auto Technologies IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Lumax Auto Technologies IPO allotment status.
The Lumax Auto Technologies IPO listing date is on Tuesday, January 16, 2007.
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