IPO Synopsis

GNA Axles Ltd
Registered Office: GNA House 1-C Chhoti Baradari,Garha Road Opp Medical College,Jalandhar-144001, Punjab
Tel. No: 91-181-4630477
Fax No: 91-181-4630477
Email: gjain@gnagroup.com; info@gnagroup.com
Website: www.gnagroup.com
Public issue of up to 6,300,000 equity shares of face value of Rs. 10 each (the "equity shares") of G N A Axles Limited (the "company" or the "issuer") for cash at a price of Rs. 207 per equity share (including a share premium of Rs. 197 per equity share) aggregating up to Rs. 130.41 crores ("issue"). The issue comprises of a net issue to the public of up to 6,100,000 equity shares aggregating up to Rs. 126.27 crores (the "net issue") and a reservation of 200,000 equity shares aggregating up to Rs. 4.14 crores for subscription by eligible employees (the "employee reservation portion"). The issue will constitute 29.35% of the post-issue paid-up equity share capital of the company and the net issue will constitute up to 28.42% of the post-issue paid-up equity share capital of the company. The face value of equity shares is Rs. 10 each. The Issue Price : Rs. 207 per equity share of face value of Rs. 10 each. The issue price is 20.70 times of the face value. Anchor Investor issue price: Rs. 207 per equity share.
Issue Money Payable On
Opens On Closes On Application Allotment
14-Sep-2016 16-Sep-2016 ₹207.00 - 0.00 ₹0.00 - 0.00
Minimum Application for shares in Nos : 70 Further Multiples of :70
(₹ Cr) Lead Managers to the Issue
Project Cost 0.00 Ambit Corporate Finance Pvt Ltd
Project Financed through Current Offer 130.41 PNB Investment Services Ltd
Post Issue Equity Share Capital 21.47
Issue Price 207.00
Projects
Purchase of plant and machinery
To meet working capital requirements
General corporate purposes
Promoted By
Jasvinder Singh Seehra
Ranbir Singh
Gurdeep Singh
Listing At
BSE
NSE
Registrar To The Issue