lumax auto technologies limited - Securities and Exchange Board of ...

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Lumax Auto Technologies Limited SEBI Guidelines SEBI (Disclosure and Investor Protection) Guidelines, 2000 issued by SEBI on January 27, 2000, as amended, including instructions and clarifications issued by SEBI from time to time Issue-Related Terms Term Description Allotment Unless the context otherwise requires, issue of Equity Shares pursuant to this Issue Allottee The successful applicant to whom the Equity Shares are being / or have been issued or transferred Applicant Any prospective investor who makes an application pursuant to the terms of this Draft Prospectus Application Forms The Form in terms of which the investors shall apply for the Equity Shares of the company. Banker(s) to the The Bank with which the Account for the Public issue will be opened Issue and which act as such, in terms of this Draft Prospectus. Issue Opening Date The date on which the issue opens for subscription. Issue Closing Date The date on which the issue closes for subscription. Issue Period The period between the Issue Opening Date and the Issue Closing Date inclusive of both days and during which prospective applicants can submit their application forms Lead Manager Lead Managers to the Issue, in this case being Centrum Capital Limited and SB & T Finance Private Limited BSE Bombay Stock Exchange Limited. CAGR Compounded Annual Growth Rate CDSL Central Depository Services (India) Limited D/E Ratio Debt-Equity Ratio Designated Exchange Stock Bombay Stock Exchange Limited DP Depository Participant Equity Shares Equity shares of face value of Rs.10 each of the Company unless otherwise specified in the context thereof Face Value Face Value of Equity Shares of the Company being Rs. 10/- each First Applicant The applicant whose name appears first in the Application Form GIR Number General Index Registry Number INR/ Rs Indian National Rupee Fresh Issue/ Issue/ Offer/ Public Issue Public issue of 30,12,000 Equity Shares of Rs.10/- each for cash at the price band of Rs. 70/- to Rs. 80/- per Equity Share aggregating to Rs. [�] lakhs by the company in terms of the Draft Prospectus Issuer Lumax Auto Technologies Limited Issue Price The final price at which Equity Shares will be issued and allotted in terms of this Draft Prospectus. NSE National Stock Exchange of India Ltd. PAN Permanent Account Number Qualified Institutional Buyers or QIBs Public financial institutions as specified in Section 4A of the Companies Act, FIIs registered with SEBI, scheduled commercial banks, mutual funds registered with SEBI, multilateral and bilateral development financial institutions, venture capital funds registered with SEBI, foreign venture capital investors registered with SEBI, state industrial development corporations, insurance companies registered with Insurance Regulatory and Development Authority, provident funds and pension funds with a minimum corpus of Rs. 2500 Lakhs. ii
ROC Registrar of Companies, PMT Commercial Building, 3rd Floor, Deccan Gymkhana Pune – 411 004 Registrar / Registrar to the Issue, in this case being, Bigshare Services Private Registrar to the Limited, having its registered office as indicated on the cover page of Issue this Draft Prospectus Retail Applicants/ Retail Individual Applicants (including HUFs and NRIs) who have Retail Individual Applicants applies for a securities for a value of not more than Rs 1,00,000 . Retail Portion The portion of the Issue being minimum of 15,06,000 Equity Shares of Rs.10/- each available for allocation to Retail applicant(s) Stock Exchanges BSE and NSE Company/ Industry-Related Terms Term Description ACMA Automotive Component Manufacturing Association of India Articles / Articles of Articles of Association of the Company Association / AOA Auditors The statutory auditors of the Company M/s D.R.Barve & Company, Chartered Accountants Board of Directors The Board of Directors of Lumax Auto Technologies Limited or a committee thereof Compliance Officer Compliance Officer of the Company in this case, Mr. P.S. Chandrasekar, Company Secretary Director(s) Director(s) of the Company unless otherwise specified D. G.Sets Diesel Generator sets GTA Goods Transport Agency LDK Lumax DK Auto Industries Limited, subsidiary of the Company MIDC Maharashtra Industrial Development Corporation MIG Metal Inert Gas OEM Original Equipment Manufacturer Promoter(s) Persons whose name have been inserted as promoters as referred on page [�] of this Draft Prospectus. Registered Office of the Registered office of the Company situated at W-230,’S’ Block, Company MIDC, Bhosari, Pune – 411 026 TAN Tax deduction Account Number TIG Tungstun Inert Gas In the section entitled “Main Provisions of Articles of Association of Lumax Auto Technologies Limited”, defined terms have the meaning given to such terms in the Articles of Association of the Company. Abbreviations Abbreviation Full Form AS Accounting Standards as issued by the Institute of Chartered Accountants of India AY Assessment Year AGM Annual General Meeting BSE Bombay Stock Exchange Limited Centrum Centrum Capital Limited iii
Page 1 and 2: Draft Prospectus LUMAX AUTO TECHNOL
Page 3: Lumax Auto Technologies Limited / L
Page 7 and 8: Certain Conventions; Use of Market
Page 9 and 10: Currency of Presentation In this Dr
Page 11 and 12: Government approvals for the propos
Page 13 and 14: sector for supplies to OEM segment.
Page 15 and 16: Reply has been given for the same o
Page 17 and 18: We keep abreast of the various deve
Page 19 and 20: Summary Industry Auto Components Se
Page 21 and 22: Summary of Consolidated Financial D
Page 23 and 24: General Information (The Company wa
Page 25 and 26: Khetan Bhavan, 5th Floor, 198, J Ta
Page 27 and 28: Sr. No. Activities Responsibility C
Page 29 and 30: Date of Allotment/ allocation April
Page 31 and 32: Date of Allotment/ allocation No. o
Page 33 and 34: . Final Shareholding of the Promote
Page 35 and 36: Sr. No. Names of shareholders No. o
Page 37 and 38: 17. Further, presently the Company
Page 39 and 40: Sr No Name of the Bank Amount Major
Page 41 and 42: S.No. Particulars Name Of The Date
Page 43 and 44: Sr.No. Particulars Name Of The Date
Page 45 and 46: Sr. No. Particulars Name Of The Par
Page 47 and 48: Sr. No. Details of Capital Goods Na
Page 49 and 50: Schedule of Implementation 1. Inves
Page 51 and 52: The project has not been appraised
Page 53 and 54: Year PAT (Rs. in Lakhs) 35 Networt
Page 55 and 56:
incentives / exemptions would be av
Page 57 and 58:
transactions. As such, no deduction
Page 59 and 60:
AUTO COMPONENT INDUSTRY PRODUCTION
Page 61 and 62:
Product Group: Electrical Parts: In
Page 63 and 64:
component makers to make supplies t
Page 65 and 66:
Future Outlook: The future growth d
Page 67 and 68:
Business Overview Lumax Auto Techno
Page 69 and 70:
Jigs / Fixtures & Relation gauges a
Page 71 and 72:
gauges needed for manufacturing the
Page 73 and 74:
Sr No Competitive Strength We have
Page 75 and 76:
History and Certain Corporate Matte
Page 77 and 78:
Mr. Anmol Jain Ms.Shivani Jain Fina
Page 79 and 80:
Management The Company is a profess
Page 81 and 82:
5. Commission*: 2.00% of the net pr
Page 83 and 84:
Shareholders/ Investors Grievance C
Page 85 and 86:
Management Organisation Chart 67
Page 87 and 88:
Sr. No. Name Age (Year s) Date of J
Page 89 and 90:
Disclosures Regarding Employees Sto
Page 91 and 92:
Declaration We confirm that PAN, Pa
Page 93 and 94:
Auditors Report The Board of Direct
Page 95 and 96:
Statement of Restated Profit & Loss
Page 97 and 98:
Significant Accounting Policies A]
Page 99 and 100:
Sr. N o. Notes to Accounts 81 Annex
Page 101 and 102:
21 IEC Air Tools Pvt.Ltd. 56 Surya
Page 103 and 104:
Total 3.75 4.80 4.80 4.80 4.80 2 Fo
Page 105 and 106:
Sr Name Of The Party Description Of
Page 107 and 108:
Sr No Name Of The Party Description
Page 109 and 110:
Sr No Name Of The Party Description
Page 111 and 112:
) No. of Shares: For Basic Earnings
Page 113 and 114:
F] Cash and Cash Equivalents at the
Page 115 and 116:
Statement of Tax Shelter 97 Annexur
Page 117 and 118:
Annexure XIII Unsecured Loans (Rs.
Page 119 and 120:
Financial Information of Group Comp
Page 121 and 122:
The Company has not made any loss i
Page 123 and 124:
2 Mr. Dhanesh Kumar Jain 3 Mr. Mahe
Page 125 and 126:
Management Discussion and Analysis
Page 127 and 128:
Employee remuneration 487.84 429.31
Page 129 and 130:
Interest cost has gone up Rs. 6.96
Page 131 and 132:
SECTION VI: LEGAL AND OTHER INFORMA
Page 133 and 134:
Show cause notice was issued by Cen
Page 135 and 136:
Government Approvals/ Licensing Arr
Page 137 and 138:
SECTION VII: OTHER REGULATORY AND S
Page 139 and 140:
2. ON THE BASIS OF SUCH EXAMINATION
Page 141 and 142:
Disclaimer Clause of Stock Exchange
Page 143 and 144:
Except for the various tax benefits
Page 145 and 146:
The Company had not made any projec
Page 147 and 148:
Terms of the Issue SECTION VIII: IS
Page 149 and 150:
Pursuant to section 81 (1A) of the
Page 151 and 152:
The investor can seek allotment onl
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It can be made using the form meant
Page 155 and 156:
2. Application by persons not compe
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application is liable to be rejecte
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g. In all the applications where th
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II. that all steps for completion o
Page 163 and 164:
SECTION IX: DESCRIPTION OF EQUITY S
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the provisions of the Act relating
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(b) The Shares in the Capital shall
Page 169 and 170:
usiness and any Shares which may so
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made under the Act or the rules mad
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Members whose names appear on the R
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21. FORFEITURE OF SHARES (a) If any
Page 177 and 178:
(e) The Board shall have power on g
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Securities are being held in any el
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(1) Every holder of Shares in, or h
Page 183 and 184:
(i) accept or renew deposits from D
Page 185 and 186:
Company, or attend, or vote or exer
Page 187 and 188:
statement setting out all material
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(a) At any General Meeting, a resol
Page 191 and 192:
such representative shall be entitl
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(7) Any such Minutes shall be evide
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(b) As and when there is a vacancy
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(2) Subject to the provisions of th
Page 199 and 200:
odies corporate and firms of which
Page 201 and 202:
appointment and appointed by the Bo
Page 203 and 204:
71. QUESTIONS AT THE BOARD MEETINGS
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(d) The minutes of each meeting sha
Page 207 and 208:
82. AUDIT (c) The Company shall pre
Page 209 and 210:
(ii) The declaration of the Board a
Page 211 and 212:
iii) The sum aforesaid shall not be
Page 213 and 214:
(ii) No Member, not being a Directo
Page 215 and 216:
10. Letter dated July 06, 2006 give
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