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


GNA Axles Ltd

Issue Type

(Book Built Portion)

Open Date

14 Sep

Close Date

16 Sep

Offer Price


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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

GNA Axles Ltd IPO Frequently Asked Questions

Stove Kraft Ltd, kitchen appliances manufacturer is coming up with its Initial public Offerings on January 25 with the public issue comprising a fresh issue size of ₹412.63Cr.

You can apply for the Stove Kraft IPO using any supported UPI apps. To Apply on 5paisa App follow the procedure mentioned above. For further details Click Here.

Stove Kraft IPO will open on January 25, 2021.

Stove Kraft IPO Lot size is 38 equity shares, that means you can apply for one lot consisting 38 equity shares.

Shares of Stove Kraft will be getting allotted on 02nd February,2021.

Stove Kraft Shares will be getting listed on 05 February, 2021.

Here is the minimum investment calculation of Stove Kraft IPO
Lot size – 38 * Issue Price ₹385 = ₹14,630
Hence the minimum investment amount required to invest in Stove Kraft IPO is ₹14,630. As per the maximum limit that is allowed by SEBI you can apply for 13 lots.

No, one bank account one IPO application is allowed.

Cut off Price for Stove Kraft IPO is ₹14,630

Read more IPO FAQs

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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