Business Standard

Lumax Auto Technologies Ltd - IPO

Issue Type

Public Issue

Issue Size (₹ Cr.)

22.59 cr

Price Range (₹)

75

Lot Size

80

Min Investment (₹)

6,000.00

Listing Exchange

MumbaiNSE

Open Date

14-Dec-2006

Close Date

21-Dec-2006

Listing Date

16-Jan-2007

Lumax Auto Technologies Ltd News

    The Shares of Lumax Auto Technologies Ltd have now been listed.

    Lumax Auto Technologies Ltd IPO Details

    Public issue of 30,12,000 equity shares of Rs. 10/- each for cash at an issue price of Rs. 75/- per equity share inclusive of premium aggregating to Rs. 22.59 crores. The face value of the equity shares is Rs. 10/- per equity share and the issue price is 7.5 times of the face value. The issue would constitute 25.90% of the fully diluted post issue paid up capital of Lumax Auto Technologies Limited.

    Objective of issue

    Investment in subsidiary company(LDK). Set-up cost of chassis assembly unit. Exp. & Modern. of existing manufacturing unit. Modernization of development centre at Chinchwad.

    Lumax Auto Technologies Ltd Contact Details

    Lumax Auto Technologies Ltd, E-2/3 Ansa Indl Est, Saki Vihar Road, Sakinaka Andheri(E), Mumbai - 400072

    Phone - 91-22-40430200/28470652

    Fax - 91-22-28475207

    Email - shares@lumaxmail.com; pcntda@lumaxautotech.com

    Website - www.lumaxworld.in/lumaxautotech