GNA Axles Ltd - Prospectus Synopsis

GNA Axles Ltd RHP

Registered Office : GNA House 1-C Chhoti Baradari , Garha Road Opp Medical College , Jalandhar - 144001 , Punjab , India.

Phone : 91-181-4630477  Fax : 91-181-4630477

Email : gjain@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 Rs 207 - 0 Rs 0 - 0
Minimum Application for shares in Nos : 70 Further Multiples of : 70
  Rs Cr Lead Managers to the Issue
Project Cost 0 Ambit Corporate Finance Pvt Ltd
Project Financed through Current Offer 130.41  
Post Issue Equity Share Capital 21.47  
Issue Price Rs. 207  
Projects
Purchase of plant and machinery
Promoted By Listing At Registrar to the Issue
Gurdeep Singh
Jasvinder Singh Seehra
Ranbir Singh
Mumbai Link Intime India Pvt Ltd
 

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