| GNA Axles Ltd |
|---|
| Registered Office: GNA House 1-C Chhoti Baradari, Garha Road Opp Medical College, Jalandhar - 144001, Punjab |
| Phone: 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 | Money Payable On | ||
|---|---|---|---|
| Opens On | Closes On | Application | Allotment |
| 14-Sep-2016 | 16-Sep-2016 | ₹ 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 | 0.00 | Ambit Corporate Finance Pvt Ltd |
| Project Financed through Current Offer | 130.41 | |
| Post Issue Equity Share Capital | 21.47 | |
| Issue Price | ₹207.00 | |
| 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 |
|---|
