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