IPO

GNA Axles Ltd IPO

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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.

GNA Axles Ltd IPO Subscription Details

Company

GNA Axles Ltd

Issue Type

(Book Built Portion)

Open Date

14 Sep

Close Date

16 Sep

Offer Price

207.00

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How to apply IPO on 5paisa app?

  • Login to your 5paisa Mobile Trading App and select the issue in the current IPO section
  • Enter the number of lots and price at which you wish to apply for
  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange
  • You will receive a notification to block funds in your UPI app
  • Approve the block request

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Contact Details of GNA Axles Ltd IPO

Company Contact Information

GNA Axles Ltd IPO
GNA House 1-C Chhoti Baradari,
Garha Road Opp Medical College,
Jalandhar, Punjab 144001.

Phone: 91-181-4630477
Email: gjain@gnagroup.com

GNA Axles Ltd IPO Register

Link Intime India Pvt Ltd

GNA Axles Ltd IPO Lead Manager(s)

  • Ambit Corporate Finance Pvt Ltd
  • PNB Investment Services Ltd

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