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GNA Axles Ltd

GNA Axles Ltd

    Registered Office : GNA House 1-C Chhoti Baradari,Garha Road Opp Medical College,Jalandhar Punjab 144001 Phone : 91-181-4630477
    Fax : 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

Opens On

Closes On

14-Sep-2016

16-Sep-2016

Money Payable On

Application

Allotment

207.00

0.00

Minimum Application for shares in Nos : 70.0 Further Multiples of : 70.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

0.00

130.41

21.47

207.00

Ambit Corporate Finance Pvt Ltd

PNB Investment Services Ltd

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
  • Link Intime India Pvt Ltd