GNA Axles Ltd IPO

IPO Synopsis

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 Frequently Asked Questions

Read more IPO FAQs