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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.
| IPO Date | Dec 14, 2006 to Dec 21, 2006 |
| Listing Date | Jan 16, 2007 |
| Face Value | ₹10 per share |
| Price | ₹75 per share |
| Lot Size | |
| Total Issue Size | 3,012,000 shares (aggregating up to ₹22.59 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE, NSE |
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 | Jan 16, 2007 |
| BSE Script Code | 532796 |
| NSE Symbol | LUMAXTECH |
| ISIN | INE872H01019 |
| Final Issue Price | ₹75 per share |
| Price Details |
|---|
| Final Issue Price |
| Open |
| Low |
| High |
| Last Trade |
| BSE |
|---|
| ₹75.00 |
| ₹75.50 |
| ₹75.50 |
| ₹142.10 |
| ₹110.60 |
| NSE |
|---|
| ₹75.00 |
| ₹80.00 |
| ₹75.00 |
| ₹143.00 |
| ₹110.70 |
Lumax Auto Technologies Ltd
Lumax Auto Technologies Ltd,
W-230, ‘S’ Block, M.I.D.C. Bhosari,
Pune - 411 026 India.
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://www.bigshareonline.com/
Lumax IPO is a main-board IPO of 3,012,000 equity shares of the face value of ₹10 aggregating up to ₹22.59 Crores. The issue is priced at ₹75 per share. The minimum order quantity is .
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.
The Lumax IPO opens on Dec 14, 2006 and closes on Dec 21, 2006.
Lumax IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Lumax 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 Lumax IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Lumax IPO allotment status.
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Please contact the registrar of this issue - Bigshare Services Private Ltd at phone +91-22-2847 3747