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Open
14 Dec 2006
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Close
21 Dec 2006
3
Allotment
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Listing
Tue, Jan 16, 2007
Price Band
₹75 per share
Issue Size
30,12,539 shares (agg. up to ₹23 Cr)
Listing Date
Tue, Jan 16, 2007
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 3.32x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Jun 2006 | 31 Mar 2006 | 31 Mar 2005 |
|---|---|---|---|
| Assets | 27.95 | 32.08 | 16.22 |
| Total Income | 30.01 | 117.49 | 85.58 |
| Profit After Tax | 1.57 | 3.84 | 1.92 |
| NET Worth | 14.52 | 13.27 | 4.81 |
| Reserves and Surplus | 7.86 | 6.73 | 1.61 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Fiem Industries Ltd. | Mainboard | ₹56.17 Cr | ₹137 | null | ₹121.55 | -11.28% | ₹2,311.30 (+1.93%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Investment in LDK, subsidiary-to set up automotive lighting unit at Pantnagar, Uttaranchal | 23.43 |
| 2 | Investment in LDK, subsidiary-to set up leveling motor unit at existing Manesar unit in Haryana | 3.90 |
| 3 | Investment in LDK, subsidiary-for enhancement of infrastructure at existing Manesar unit in Haryana | 0.80 |
| 4 | Set up cost of chassis assembly unit at Bhosari near Pune, Maharashtra | 11.87 |
| 5 | Expansion and modernization of existing manufacturing unit at Chakan,658.00near Pune & Waluj, near Aurangabad, Maharashtra | 6.58 |
| 6 | Modernization of development centre at Chinchwad near Pune, Maharashtra | 1.15 |
| 7 | To meet the expenses of the issue | 2.50 |
| Total | 50.23 |
About Lumax Auto Technologies IPO
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.+ Read More
Contact Details
Lumax Auto Technologies Ltd. AddressLumax Auto Technologies LtdW-230, ‘S’ BlockM.I.D.C.BhosariPune, Maharashtra, 411026+91-20-27122305info@lumaxautotech.comVisit Website