lumax auto technologies limited - Securities and Exchange Board of ...
lumax auto technologies limited - Securities and Exchange Board of ...
lumax auto technologies limited - Securities and Exchange Board of ...
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Lumax Auto Technologies Limited<br />
systems <strong>and</strong> has a technical <strong>and</strong> financial collaboration with Stanley Electric Co. Ltd. (Stanley) <strong>of</strong><br />
Japan.<br />
LATL manufactures components for two wheeler <strong>and</strong> three wheeler industries. It manufactures<br />
sheet metal products <strong>and</strong> lighting systems for two <strong>and</strong> three wheelers. Its main customers are<br />
Bajaj Auto Limited, Maharashtra Scooters <strong>and</strong> Lumax Industries Limited.<br />
Our product range includes following<br />
1) Lighting - headlamps, tail-lamps, blinkers, fog lamps, engine lamps, fairing assemblies.<br />
2) Sheet Metal & Fabrication – chassis assembly, silencers, petrol tank, fork assemblies, h<strong>and</strong>le<br />
bar assemblies, st<strong>and</strong> assembly.<br />
Competitive Strength<br />
We have well established research <strong>and</strong> development centre which is equipped by latest testing<br />
facilities <strong>and</strong> constantly evaluate to upgrade products to adopting latest trends.<br />
Product development <strong>and</strong> development capabilities include operating platform like CAD, CAM<br />
<strong>and</strong> unigraphics development <strong>and</strong> designing <strong>of</strong> product to the specific needs <strong>of</strong> the Company<br />
We are currently supplying to one <strong>of</strong> the biggest two wheeler manufacturing company located<br />
in Pune <strong>and</strong> our Group Company - Lumax Industries Ltd.<br />
The Issue<br />
Equity Shares Offered:<br />
Fresh Issue by the Company<br />
Of which<br />
Retail Investor (50% the<br />
Equity Shares <strong>of</strong>fered)<br />
Other than Retail Investors<br />
((50% the Equity Shares<br />
<strong>of</strong>fered)<br />
Equity Shares Outst<strong>and</strong>ing<br />
prior to the Issue<br />
Equity Shares Outst<strong>and</strong>ing<br />
after to the Issue<br />
Use <strong>of</strong> Proceeds by the<br />
Company<br />
30,12,000 Equity Shares <strong>of</strong> face value <strong>of</strong> Rs. 10/- each at a price<br />
b<strong>and</strong> <strong>of</strong> Rs. 70/- to Rs. 80/- per Equity Share<br />
15,06,000 Equity Shares <strong>of</strong> face value <strong>of</strong> Rs. 10/- each at a price<br />
b<strong>and</strong> <strong>of</strong> Rs. 70/- to Rs. 80/- per Equity Share<br />
15,06,000 Equity Shares <strong>of</strong> face value <strong>of</strong> Rs. 10/- each at a price<br />
b<strong>and</strong> <strong>of</strong> Rs. 70/- to Rs. 80/- per Equity Share<br />
86,19,002 Equity Shares <strong>of</strong> face value <strong>of</strong> Rs. 10/- each<br />
1,16,31,002 Equity Shares <strong>of</strong> face value <strong>of</strong> Rs. 10/- each<br />
See the section titled “Objects <strong>of</strong> the Issue” on page [�] <strong>of</strong> this<br />
Draft Prospectus.<br />
2
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