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GNA Axles

Description Inncorporate 1993, G N A Axles Ltd is Punjab based manufacturers of rear axle shafts, other shafts and spindles used in on-highway and off-highway vehicular segments in India. Company mainly engaged in manufactures and sells auto components for the four-wheeler industry. GNA Axles made over 2.26 million components in 2016. GNA Axles has broad customer base for both the on-highway and off-highway segments and their customers are based in India and overseas. The company manufactures and supplies a range of rear axle shafts, other shafts, and spindles for the on-highway segment vehicles, including light commercial vehicles, medium commercial vehicles, and heavy commercial vehicles, as well as other transport vehicles, such as buses. It also offers a range of rear axle shafts and other shafts for the off-highway segment, which include agricultural tractors and machinery, forestry and construction equipment, electric carts, and other specialty vehicles used in mining and defense sectors.In Fiscal 2016, GNA Axles domestic sales and export sales constituted 45.29% and 54.71% of revenue. More »

Address GNA House, 1-C, Chhoti Baradari - Part II, Garha Pincode : 144 001

  • Tel 0181 4630 477
  • Fax0181 4630 477
  • Website

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  • ‹ 2X Under Subscribed
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  • 2-10X Over Subscribed
  • ‹ 12x Heavily Subscribed


Retail Subscritption Poll Results

Total Subscritption Poll Results

Number of Times Issue is Subscribed (BSE + NSE)

As on Date QIB NII RII EMP Total
16-Sep-2016 17.1800 217.4700 11.8400 0.3100 54.8800
15-Sep-2016 0.7900 2.1500 2.8500 0.2700 2.0300
14-Sep-2016 0.0000 1.5200 0.6700 0.1700 0.6400

Issue Terms

Issue price / Floor Price (Rs) 205-207
Application per share (Rs) 207.00
Minimum investment amount (Rs) 14,490.00
Minimum bid (no of shares) 70
Maximum Shares for Retail 910

Issue Date and Size

Issue opens 14-Sep-16
Issue closes 16-Sep-16
Listing on BSE, NSE
Issue size (Rs cr) 130.41
Mkt cap at issue price (Rs cr) N.A.

Lead Managers & Registrar

Lead Manager E-mail
PNB Investment Services Ltd
Registrar Link Intime India Private Ltd

Shares on Offer

Shares on Offer Lakhs
Total shares offered N.A.
Of above, offered to public N.A.
Post-issue shares N.A.
Post-issue promoters' holding(%) N.A.

Company Financials (Rs cr)

Financials Crore
No of months N.A.
Turnover N.A.
Net profit / (loss) N.A.
Borrowings N.A.


Objects of Issue

    • The object of the issue are to:
    • 1. Purchase of plant and machinery;
    • 2. To meet working capital requirements; and
    • 3. General corporate purposes.

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