Free Trading + Demat Account

Lumax Auto Technologies Ltd IPO (Lumax IPO) Detail

Dec 14, 2006 - Dec 21, 2006

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.

Objects of the Issue:

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.

Issue Detail:

  »»  Issue Open: Dec 14, 2006 - Dec 21, 2006
  »»  Issue Type: Fixed Price Issue IPO
  »»  Issue Size: 3,012,000 Equity Shares of Rs 10 aggregating up to Rs 22.59 Cr
  »»  Face Value: Rs 10 Per Equity Share
  »»  Issue Price: Rs 75 Per Equity Share
  »»  Market Lot:
  »»  Minimum Order Quantity:
  »»  Listing At: BSE, NSE

 

Lumax IPO Prospectus

Lumax IPO Rating

26
2.2
Rating:Rated 2.2 stars

Vote Here ...

Lumax IPO Listing Date

  •   ›  Listing Date: Tuesday, January 16, 2007
  •   ›  BSE Script Code: 532796
  •   ›  NSE Symbol: LUMAXTECH
  •   ›  Listing In: B1
  •   ›  ISIN: INE872H01019
  •   ›  Issue Price: Rs 75 Per Equity Share
  •   ›  Face Value: Rs 10 Per Equity Share

Listing Day Trading Information

.
Issue Price:
Open:
Low:
High:
Last Trade:
Volume:
BSE
Rs 75.00
Rs 75.50
Rs 75.50
Rs 142.10
Rs 110.60
6,275,593
NSE
Rs 75.00
Rs 80.00
Rs 75.00
Rs 143.00
Rs 110.70
7,242,230

Lumax IPO News Alerts

  1. Tuesday, January 16, 2007 12:00:00 AM
    Lumax Auto Technologies Ltd - Listing
  2. Friday, January 12, 2007 6:06:00 PM
    IPO Listing - Lumax Auto Technologies Limited
  3. Thursday, January 11, 2007 6:05:00 PM
    IPO Allotment - Lumax Auto Technologies Ltd (LATL)
  4. Thursday, January 11, 2007 12:00:00 AM
    Lumax Auto Technologies Ltd (LATL) - Allotment
  5. Thursday, December 21, 2006 12:00:00 AM
    Lumax Auto Tech Ltd (LATL) IPO - Close
  6. Thursday, December 14, 2006 12:00:00 AM
    Lumax Auto Tech Ltd IPO - Open

Company Contact Information

Lumax Auto Technologies Ltd
Lumax Auto Technologies Ltd,
W-230, ā€˜Sā€™ Block, M.I.D.C. Bhosari,
Pune - 411 026 India.
Phone: +91-20-27122305
Fax: +91-20-27121871
Email: info@lumaxautotech.com
Website: http://www.lumaxautotech.com

Lumax IPO Registrar

Bigshare Services Pvt. Ltd   »  Report
   Bigshare Services Pvt Ltd E-2 & 3,
   Ansa Industrial Estate, Saki-Vihar Road,
   Sakinaka, Andheri(E), Mumbai - 400 072

Phone: 91-22-40430200
Fax: 91-22-2847 5207
Email:
Website: http://www.bigshareonline.com

Lumax IPO Lead Manager(s)

Guaranteed Save 60% to 90% Brokerage + Taxes

Do you know you could reduce the brokerage cost significantly by moving to another stock broker? Our expert team compared top share brokers in India to help investors like you. STOP paying Demat AMC, Brokerage in %, PCM Fee and High Stamp Duty today.

We can help you choosing the right broker. Contact us today...

@

Lumax IPO Review / Comments

avatar
12. Vikram R  Jan 16, 2007 6:47:18 AM IST I Like It. | Report Abuse
Hi Sreerama,
Please contact the registrar of this issue - Bigshare Services Private Ltd at phone +91-22-2847 3747


avatar
11. Sreerama  Jan 16, 2007 12:09:18 AM IST I Like It. | Report Abuse
As of your information, 16th jan Lumax Tech will be listed.still we did not get Share allocation.i tried through your web site it said that no records found.could you teel me the Information about Share allocation.Even we did not get our funds back.
avatar
10. neelam  Jan 10, 2007 12:19:08 AM IST I Like It. | Report Abuse
pls tell me the allocation date of lumax auto technologies ltd.
avatar
9. surinder   Dec 23, 2006 10:44:49 AM IST I Like It. | Report Abuse
Hi

I am intrested to know the prospects of upcoming IPO
Cambridge Technology Enterprises (CTE).
avatar
8. Rajesh Shah  Dec 21, 2006 8:23:58 PM IST I Like It. | Report Abuse
Hi Chittorgarh Web designer do you know how much time subscrip this IPO LATL when you know then inform me or when you know how to rich that place then also inform me and any one have to information give me

bbye
avatar
7. apurva  Dec 21, 2006 7:14:36 AM IST I Like It. | Report Abuse
this is a fixed price issue and not a book building issue so subscription details can be known only at the end
avatar
6. Mani  Dec 19, 2006 2:37:14 AM IST I Like It. | Report Abuse
Where do we find the subscription details for this ipo
avatar
5. Rajesh  Dec 14, 2006 8:24:34 PM IST I Like It. | Report Abuse
Lumex auto technology is a very small issue and is price is very low to compare company's working style so I first refers to this IPO because it is very good price offer and also in long term position more benifited
avatar
4. Sachin  Dec 6, 2006 4:41:40 AM IST I Like It. | Report Abuse
Tanla or Cairn? Anyone knows which is better IPO.
avatar
3. Vikram R  Dec 4, 2006 8:39:52 PM IST I Like It. | Report Abuse
Hi Chitta,
Lumax Auto Technologies Ltd is an IPO.
The prospetus says that "This being the first issue of the Equity Shares of Lumax Auto Technologies Limited"

Lumax Automotive Systems Limited and Lumax Industries Limited, which are already listed at BSE/NSE looks like companies from the same group.

Anybody else has better idea???
avatar
2. chitta  Dec 4, 2006 7:54:48 PM IST I Like It. | Report Abuse
let me know lumax is a fpo or ipo
avatar
1. Prashanth Gajra  Dec 4, 2006 5:29:55 AM IST I Like It. | Report Abuse
Seems to be a small issue. Only 30,12,000 Equity Shares.
Need to do a lot of research before applying for this company.

A suggestion from me would be to hold money and invest in DLF.
  • Special Offers
    by Popular Stock Brokers
  • Sharekhan
    Get Free Trading + Demat Account (Rs 1150 waived on account opening) for limited time. Get the offer.
  • Motilal Oswal
    Get Free Trading + Demat Account (Rs 500 waived on account opening) for limited time. Get the offer.
  • Religare
    Get Free Trading + Demat Account for limited time. Get the offer.
  • Angel Broking
    Get free lifetime AMC on Demat & Trading account with Angel when you pay Rs 1500 (payable in 2nd year). Get the offer.
  • India Infoline (IIFL)
    Open a FREE Demat & Trading Account + Get Rs 2000 Brokerage Credit. Get the offer.
  • Zerodha
    Free equity delivery trading (truly no brokerage), flat ā‚¹20 intraday and F&O trade brokerage. Get all your brokerage refunded if are profitable at the end of 60 trading days. Get the offer.
  • ProStocks
    Get Free Trading + Demat Account for limited time. Get the offer.
  • Ventura
    Zero account opening fees for limited time. Get the offer.
  • RKSV
    Rs 2000 Brokerage credit (when you switch from another broker) for limited time. Get the offer.
  • 5paisa
    Get 5 free trades on new account opening + Maintain a margin of Rs 25000 and get full refund of your account opening and DP AMC. Get the offer.
  • Beeline
    Open a Lifetime free AMC Demat Account at just ā‚¹176 + 15 days trading free. Use coupon code CHT176 for this special offer.
  • Fyers
    Get FREE Trading for Limited Time + FREE Equity Delivery Trades (No Brokerage). Get the offer.
  • SAMCO
    Get Free Trading and Demat Account Opening + 100% Brokerage Cash Back for 1st Month for trades using Mobile App


More About Brokers

Special Offers Broker Reports

Message Board

Stock Message Board


Search Chittorgarh.com:

Translate Chittorgarh.com: