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 Open: Dec 14, 2006 - Dec 21, 2006
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Lumax IPO Messages (Lumax IPO Comments)
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.
pls tell me the allocation date of lumax auto technologies ltd.
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
this is a fixed price issue and not a book building issue so subscription details can be known only at the end
Where do we find the subscription details for this ipo
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
Tanla or Cairn? Anyone knows which is better IPO.
let me know lumax is a fpo or ipo
Seems to be a small issue. Only 30,12,000 Equity Shares.