247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

G N A Axles Limited IPO (G N A Axles IPO) Details

G N A Axles Limited is an Engineering - Automotive based company, located in Jalandhar, G N A Axles Limited IPO size was 130.41 Cr. and was issued at 207.00 per share. The share of G N A Axles Limited were listed at 245.15 per share and are currently trading at 405.20 per share.

Type :
Sub Sector : Manufacturers Of Rear Axle Shafts Used In On-highway And Off-highway Vehicular Segments
MainBoard IPO

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
509.94 Cr.

PAT :
25.96 Cr.

Pricing Report

Issue Price :
207.00

Listing Price :
245.15

Current Market Price :
405.20

Issue Price vs CMP :
198.2 (95.75%)

listing Price vs CMP :
160.05 (65.29%)

Performance Report (CAGR* wise)

CAGR : 8.4
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About G N A Axles

Company Information
G N A Axles Limited is one of the leading manufacturers of rear axle shafts for both on-highway and off-highway vehicular segments in India. Since its first supplies in 1995 and exports in 2002-2003, the company has grown to produce over 1.97 million components in Fiscal 2015.

The company manufactures and supplies a diverse range of rear axle shafts, other shafts, and spindles for the on-highway segment, which includes light commercial vehicles (LCVs), medium commercial vehicles (MCVs), heavy commercial vehicles (HCVs), and other transport vehicles such as buses. Additionally, it produces rear axle shafts and other shafts for the off-highway segment, including agricultural tractors, machinery, forestry and construction equipment, electric carts, and specialty vehicles used in mining and defense sectors.

The company also
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Object of Issue
  • Purchase of plant and machinery
  • To meet working capital requirements and
  • General corporate purposes

G N A Axles MainBoard IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Sep, 2016
IPO Size :
130.41 Cr.
IPO Subscription :
54.88 X     
PE Multiple :
17.00
Merchant Banker :
Ambit Private Limited
IPO Registrar:
Link Intime India Private Limited

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FAQs

G N A Axles operates in Engineering - Automotive and Manufacturers Of Rear Axle Shafts Used In On-highway And Off-highway Vehicular Segments. The Issue is listed on MainBoard in Sep, 2016. G N A Axles IPO size was 130.41 Cr. with Issue price of 207.00 .

Merchant Banker(s) of G N A Axles IPO: Ambit Private Limited , Pnb Investment Services Limited

G N A Axles IPO subscription was 54.88 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

G N A Axles IPO listed at a listing price of 245.15 against the offer price of 207.00.

The current market price of G N A Axles is 405.20.

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