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Open
7 Apr 2006
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Close
13 Apr 2006
3
Allotment
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Listing
Fri, May 5, 2006
Price Band
₹130 to ₹140
Issue Size
30,00,000 shares (agg. up to ₹42 Cr)
Listing Date
Fri, May 5, 2006
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 19.17x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Oct 2005 | 31 Mar 2005 | 31 Mar 2004 |
|---|---|---|---|
| Assets | 86.69 | 81.07 | 67.04 |
| Total Income | 40.89 | 69.22 | 38.07 |
| Profit After Tax | 2.36 | 5.22 | 0.95 |
| NET Worth | 24.13 | 20.34 | 16.16 |
| Reserves and Surplus | 15.35 | 11.56 | 7.39 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Pratibha Industries Ltd. | Mainboard | ₹51.42 Cr | ₹120 | 14.83 | ₹181.30 | +51.08% | (+0.00%) |
| Sunil Hitech Engineers Ltd. | Mainboard | ₹34.75 Cr | ₹100 | 29.19 | ₹157.20 | +57.20% | (+0.00%) |
| Everest Kanto Cylinder Ltd. | Mainboard | ₹90.00 Cr | ₹160 | 13.45 | ₹201.75 | +26.09% | ₹115.23 (+1.10%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Setting up the facility for machining and supply of Cylinder 2098.50 Blocks and Cylinder Heads for commercial vehicles. | 20.99 |
| 2 | Modernisation Project for upgradation of the existing 1829.26 facilities for manufacture of Machines and Machine Tools. | 18.29 |
| 3 | Additional Working Capital Margin | 7.73 |
| 4 | expenses | 3.00 |
| Total | 50.01 |
About Lokesh Machines IPO
Lokesh Machines Limited is engaged in the manufacturing of machine tools and auto components. The company operates through two main business segments: Machine Tools Division: Manufactures CNC machines, special purpose machines (SPMs), and offers machining solutions for various industries. Auto Components Division: Produces critical engine components such as cylinder blocks, cylinder heads, and transmission parts for automobile manufacturers. Lokesh Machines serves major sectors including automotive, aerospace, and general engineering, supplying both domestic and international clients. Competitive Strengths: Effective Leadership Technical manpower Sustained alliances for Critical components Prestigious Client Base Research & Development + Read More
Contact Details
Lokesh Machines Ltd. AddressB-29, EEIE Stage-IIBalanagarHyderabad, Telangana, 500037+91 40 23079310info@lokeshmachines.comVisit Website