Autoline IPO opens today for subscription
Autoline Industries is open for subscription with a public issue of equity shares through a 100% book building process aggregating Rs 750 million.
The price band is Rs 200 to Rs 225 per equity share of face value of Rs 10 each. The bid/issue closes on Friday, January 12, 2007.
Autoline is one of the largest design-engineering-manufacturing, DEM service providers to the automobile industry in Pune.
The company supplies complex sheet metal assemblies and subassemblies to Bajaj Auto, Tata Motors, Kinetic Engineering, Mahindra & Mahindra, Walker Exhaust and Fiat India, and is the “single source supplier” of load bodies for Tata Ace mini truck currently supplying around 10,000 load bodies per month to Tata Motors.
The equity shares are proposed to be listed on BSE and NSE. BOB Capital Markets is the book running lead manager and Enam Securities is the syndicate member for the IPO.
For More Information Click Here
For Prospectus Click Here
The price band is Rs 200 to Rs 225 per equity share of face value of Rs 10 each. The bid/issue closes on Friday, January 12, 2007.
Autoline is one of the largest design-engineering-manufacturing, DEM service providers to the automobile industry in Pune.
The company supplies complex sheet metal assemblies and subassemblies to Bajaj Auto, Tata Motors, Kinetic Engineering, Mahindra & Mahindra, Walker Exhaust and Fiat India, and is the “single source supplier” of load bodies for Tata Ace mini truck currently supplying around 10,000 load bodies per month to Tata Motors.
The equity shares are proposed to be listed on BSE and NSE. BOB Capital Markets is the book running lead manager and Enam Securities is the syndicate member for the IPO.
For More Information Click Here
For Prospectus Click Here
posted by SY at 12:32 PM
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