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Autoline IPO is a book built issue of Rs 75.00 crores.
Autoline IPO bidding started from January 8, 2007 and ended on January 12, 2007. The shares got listed on BSE, NSE on January 31, 2007.
Autoline IPO price band is set at ₹200 to ₹225 per share. The minimum lot size for an application is 25 Shares. The minimum amount of investment required by retail investors is ₹5,625.
Bob Capital Markets Limited is the book running lead manager of the Autoline IPO, while Link Intime India Private Ltd is the registrar for the issue.
Refer to Autoline IPO RHP for detailed information.
IPO Date | January 8, 2007 to January 12, 2007 |
Listing Date | January 31, 2007 |
Face Value | ₹10 per share |
Price Band | ₹200 to ₹225 per share |
Lot Size | 25 Shares |
Total Issue Size | 3,333,333 shares (aggregating up to ₹75.00 Cr) |
Issue Type | Book Built Issue IPO |
Listing At | BSE, NSE |
Share holding pre issue | 7,033,511 |
Share holding post issue | 1,036,844 |
Investors can bid for a minimum of 25 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 25 | ₹5,625 |
Retail (Max) | 35 | 875 | ₹196,875 |
Lot Size Calculator |
Share Holding Pre Issue | 44.28% |
Share Holding Post Issue | 30.03% |
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.
KPI | Values |
---|---|
ROCE | 10.97% |
RoNW | 34.4% |
The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital to:
1. Modernization : Modernization & up gradation of the existing manufacturing facilities at Chakan Unit-I.
2. Expansion :
A. Setting up of a new manufacturing unit at Chakan (Unit-II), Pune
A. For increasing the manufacturing capacities for sub-assemblies and auto components.
B. For contract manufacturing of automobile bodies for heavy vehicles and door assemblies for passenger vehicles.
B. Setting up of a State-of-the Art Commercial Tool Room at the premises of Unit-II at Chakan
C. UAE Joint Venture Operations: To expand the UAE operations including the setting up of a manufacturing facility and make it a strategic location for trade with Gulf and African countries.
D. Expansion of the facilities in the Design Engineering Unit- viz. Autoline Dimensions Software Pvt. Ltd.
3. Relocation/Consolidation : To relocate/consolidate the facilities in the existing units at Kudalwadi and Jadhavwadi to a new location at MIDC, Bhosari.
4. Corporate Office/Marketing Set-up : To set up a Corporate/Marketing Office at the existing premises at T-135 MIDC Bhosari
5. Acquisitions : To enable strategic acquisitions to enhance the existing facilities or to acquire new capabilities in the auto industry
6. Augmentation of long term working capital resources.
7. To meet the expenses of the issue.
The Autoline IPO is subscribed 17.36 times on January 12, 2007 5:00:00 PM. 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) |
---|
Listing Date | January 31, 2007 |
BSE Script Code | 532797 |
NSE Symbol | AUTOIND |
ISIN | INE718H01014 |
Final Issue Price | ₹225 per share |
Price Details |
---|
Final Issue Price |
Open |
Low |
High |
Last Trade |
BSE |
---|
₹225.00 |
₹261.15 |
₹252.25 |
₹282.00 |
₹257.95 |
NSE |
---|
₹225.00 |
₹230.00 |
₹230.00 |
₹287.70 |
₹257.15 |
Autoline Industries Limited
Autoline Industries Limited,
T-135, MIDC, Bhosari,
Pune 411026 India
Phone: 020 - 30682011 / 12
Email: ipo@autolineind.com
Website: http://www.autolineind.com
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: autolineipo@intimespectrum.com
Website: https://linkintime.co.in/initial_offer/public-issues.html
Autoline IPO is a main-board IPO of 3,333,333 equity shares of the face value of ₹10 aggregating up to ₹75.00 Crores. The issue is priced at ₹200 to ₹225 per share. The minimum order quantity is 25 Shares.
The IPO opens on January 8, 2007, and closes on January 12, 2007.
Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
The Autoline IPO opens on January 8, 2007 and closes on January 12, 2007.
Autoline IPO lot size is 25 Shares, and the minimum amount required is ₹5,625.
You can apply in Autoline IPO online using either UPI or ASBA as 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 apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Autoline IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Autoline IPO allotment status.
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