Autoline Industries Ltd - IPO

Autoline Industries Ltd IPO Details

Public issue of 33,33,333 equity shares through 100% book building process of face value of Rs.10/- each for cash at a price of Rs.225 aggregating Rs.75 Crores (herein after referred to as the net issue). The issue would constitute 32.15% of the fully diluted post issue paid-up capital of Autoline Industries Limited.Issue Price : Rs.225/- per equity share of face value of Rs.10/- each.The Issue price is 22.5 times of the face value

Objective of issue

Modern.& Upgradn. of Existing Manufa. Facilities. Setting up of New Unit at Chakan (Unit-II). Setting up State of the Art Commerical Tool Room. UAE Joint Venture. Opern.-Setting up Manuf. Faci.. Exp. of the facilities in the Design Engg. Unit. Relocation/Consolidation of existing units. To set up a Corporate/Marketing Office. Acquisitions. Augmentation of Long Term Working Capital. Contingencies.

Autoline Industries Ltd Contact Details

Autoline Industries Ltd, C-13 Pannalal Silk, Mills Cmpd LBS Marg, Bhandup West, Mumbai - 400 078

Phone - 91-022-25963838

Fax - 91-022-25946969

Email - investorservices@autolineind.com

Website - www.autolineind.com