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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.
Opens On
Closes On
14-Sep-2016
16-Sep-2016
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
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