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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.

Lumax IPO Details

Issue OpenDec 14, 2006 - Dec 21, 2006
Issue TypeFixed Price Issue IPO
Issue Size3,012,000 Eq Shares of ₹10
(aggregating up to ₹22.59 Cr)
Face Value₹10 Per Equity Share
Issue Price₹75 Per Equity Share
Market Lot
Min Order Quantity
Listing AtBSE, NSE

Lumax IPO Prospectus

Lumax IPO Rating

26
2.2
Rating:Rated 2.2 stars

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Lumax IPO Listing Date

Listing DateTuesday, January 16, 2007
BSE Script Code532796
NSE SymbolLUMAXTECH
Listing InB1
ISININE872H01019
Issue Price₹75 Per Equity Share
Face Value₹10 Per Equity Share

Listing Day Trading Information

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

Lumax IPO Reviews / Ratings

Sorry, we couldn't find any reviews, please check back later.

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
Email: info@lumaxautotech.com
Website: http://www.lumaxautotech.com

Lumax IPO Registrar

Bigshare Services Pvt Ltd
   1st Floor, Bharat Tin Works Building,
   Opp. Vasant Oasis,Makwana Road,
   Marol, Andheri(E), Mumbai - 400 059

Phone: +91-22-6263 8200
Email:
Website: http://www.bigshareonline.com

Lumax IPO FAQs

  1. 1. What is Lumax IPO?

    Lumax IPO is a main-board initial public offering of 3,012,000 equity shares of the face value of ₹10 aggregating up to ₹22.59 Crores.

    The issue price of the IPO is ₹75 Per Equity Share. The minimum order quantity is per application and the offer type is Fixed Price Issue.

    The IPO opens on Dec 14, 2006 and closes on Dec 21, 2006.

    Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

  2. 2. When Lumax IPO will open?

    The Lumax IPO opens on Dec 14, 2006 and closes on Dec 21, 2006.

  3. 3. How to apply for Lumax IPO?

    Lumax IPO application can be done through banks using ASBA online or through stock brokers trading account using UPI. All popular banks i.e. HDFC, ICICI, and SBI offer online IPO applications. An investor can also apply directly through their broker (i.e. Zerodha, Sharekhan) using UPI as a payment method.

  4. 4. When Lumax IPO allotment?

    The finalization of Basis of Allotment for Lumax IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Lumax IPO allotment status.

  5. 5. When is Lumax IPO listing date?

    The Lumax IPO listing date is on Tuesday, January 16, 2007, at BSE, NSE.
  6. 6. What is the lot size of Lumax IPO?

    Lumax IPO lot size and the minimum order quantity is not available at this time. Please check again later.

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Lumax IPO Review / Comments

Vikram R
12. Vikram R  Jan 16, 2007 07:47 I Like It. | Report Abuse
Hi Sreerama,
Please contact the registrar of this issue - Bigshare Services Private Ltd at phone +91-22-2847 3747


Sreerama
11. Sreerama  Jan 16, 2007 01:09 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.
neelam
10. neelam  Jan 10, 2007 01:19 I Like It. | Report Abuse
pls tell me the allocation date of lumax auto technologies ltd.
surinder
9. surinder   Dec 23, 2006 11:44 I Like It. | Report Abuse
Hi

I am intrested to know the prospects of upcoming IPO
Cambridge Technology Enterprises (CTE).
Rajesh Shah
8. Rajesh Shah  Dec 21, 2006 21:23 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
apurva
7. apurva  Dec 21, 2006 08:14 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
Mani
6. Mani  Dec 19, 2006 03:37 I Like It. | Report Abuse
Where do we find the subscription details for this ipo
Rajesh
5. Rajesh  Dec 14, 2006 21:24 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
Sachin
4. Sachin  Dec 6, 2006 05:41 I Like It. | Report Abuse
Tanla or Cairn? Anyone knows which is better IPO.
Vikram R
3. Vikram R  Dec 4, 2006 21:39 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???
chitta
2. chitta  Dec 4, 2006 20:54 I Like It. | Report Abuse
let me know lumax is a fpo or ipo
Prashanth Gajra
1. Prashanth Gajra  Dec 4, 2006 06:29 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.



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