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GNA Axles IPO

₹245.05

+18.38% on listing

Listing-day close · NSE · 26 Sep 2016 · issue price ₹207

GNA Axles’ ₹130 crore IPO was priced at ₹207 a share. It listed on the NSE on 26 Sep 2016 and closed its first day at ₹245.05, up 18.38% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Refunds
  5. Shares in demat
  6. Listing

Issue details

Issue size
₹130 Cr
Fresh issue
₹130 Cr
Offer for sale
—
Lot size
70 shares
Minimum investment
₹14,490
Face value
₹10
Registrar
MUFG Intime India

Subscription

GNA Axles IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—38.08×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹444 Cr
Promoter holding
65.31% → 46.14%

From the offer documents.

Listing

Listing date
26 Sep 2016
Issue price
₹207
Open
₹252.00
High
₹261.80
Low
₹242.20
Close
₹245.05

Listing day on the NSE. The close was +18.38% on the issue price.

GNA share price today

FAQs

When did the GNA Axles IPO open and close?

It opened on 14 Sep 2016 and closed on 16 Sep 2016.

What was the GNA Axles IPO price?

The price band was ₹205–207 a share. The final issue price was ₹207.

What is the lot size and minimum investment?

One lot is 70 shares, ₹14,490 at ₹207 a share. Retail investors apply in whole lots.

How much did GNA Axles raise?

₹130 crore: ₹130 crore of new shares.

How many times was the GNA Axles IPO subscribed?

38.08 times overall.

How did GNA Axles list?

It listed on the NSE on 26 Sep 2016 at ₹252.00 and closed the day at ₹245.05, up 18.38% on the ₹207 issue price.

Who is the registrar of the GNA Axles IPO?

MUFG Intime India handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

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