|Issue Date||14/09 - 16/09|
|Issue Size||₹130.4 Cr|
|Issue Price||₹205 - 207|
|Market Lot||70 Shares|
|Shares on Offer||6,300,000|
|Subject to Sauda||N/A|
1947, GNA came into being in the village Bundala, District Jalandhar, in the Indian state of Punjab. It was the year that India Attained freedom. And in the years that have followed, GNA has added its mite to the endeavour of nation-building. Today, GNA is a name that has made its presence felt in the world of auto-parts, with values like integrity, commitment, dedication and latest state-of-art technology.
GNA's biggest asset is its people. A pool of highly trained and highly motivated workforce of over 2500. Managed by a team of professional managers who are second to none.
GNA has one of the largest integrated plants of its kind in the subcontinent of Asia. With an annual turnover exceeding $105 Million coming from 3 divisions GNA Axles Ltd (Axles Division), GNA Duraparts (Gears Division) and GNA Udyog Ltd (Propeller Shafts Division). GNA group is on a fast track towards growth and globalization. The company has a large customer base covering different sectors of the automotive industry and a diversified product range.
These plants are equipped with sophisticated facilities covering every aspect of auto parts production right from forging to heat treatment and machining. There are 8 horizontal upset forging machines with capabilities ranging from 2.5 inches to 13 inches.
GNA Axles Ltd. has a large variety of Axle Shafts ranging from 1.5kg to 65kg & capacity to produce upto 165kg producing about 2 million Axle Shafts annually. Their longstanding global presence is owed to experience in the development and manufacture of Real Axle Shafts.
GNA firmly believes that growth does not happen in isolation. They are of the view that opportunities for education and technical up gradation of their youth must be created locally. And they as corporate citizens assume responsibility of doing as best they can.At GNA, what they have built is an instrument for knowledge sharing.
Please refer to http://gnagroup.com for details.
|Total Assets (In ₹ Millions)||4,465.32||4,264.62||3,818.51||3,178.77||2,674.52|
|Total Revenue (In ₹ Millions)||5,089.43||4,306.44||4,042.48||3,490.51||3,986.66|
|Profit After Tax (PAT) (In ₹ Millions)||259.56||215.98||132.65||48.14||169.34|
|Date & Time||QIB||NII||RII||Total|
|Day 1 - Sep 14,2016||0.0||1.52||0.67||0.64|
|Day 2 - Sep 15,2016||0.79||2.15||2.85||2.03|
|Day 3 - Sep 16,2016||17.18||217.47||11.84||54.88|
Please click the link below to check the IPO allotment status.IPO Allotment Status
GNA Axles Ltd IPO IPO will open on 14/09 and close on 16/09.
GNA Axles Ltd IPO IPO will list on 26-Sep.
The offer price of GNA Axles Ltd IPO IPO is ₹205 - 207.
The lot size of GNA Axles Ltd IPO IPO is 70.
The Grey Market Premium (GMP) price of GNA Axles Ltd IPO IPO is Not Available at the moment.
The Kostak price of GNA Axles Ltd IPO IPO is Not Available at the moment.
The Subject to Sauda price for GNA Axles Ltd IPO IPO is Not Available at the moment.
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