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GNA Axles IPO Details

Issue Open Sep 14, 2016
Issue Close Sep 16, 2016
IPO Price ₹207
Face Value ₹10
IPO Size ₹130.41 Cr
Listing At BSE, NSE
IPO Lot Size 70

GNA Axles IPO Date & Price

The GNA Axles IPO opens on Sep 14, 2016 and closes on Sep 16, 2016.

GNA Axles IPO timetable / schedule is as below:
  • Bid/Offer Opens On: Sep 14, 2016
  • Bid/Offer Closes On: Sep 16, 2016
  • Finalization of Basis of Allotment: Sep 21, 2016
  • Initiation of refunds: Sep 22, 2016
  • Credit of Equity Shares: Sep 23, 2016
  • Listing Date: Sep 26, 2016

Sorry, GNA Axles IPO DRHP PDF Document is not available at this time.

GNA Axles IPO Red Herring Prospectus (RHP) PDF

GNA Axles IPO price is set at ₹207 per equity share.

GNA Axles IPO will close for subscription at 5 PM on Sep 16, 2016. But most brokers stop accepting application between 1 PM to 3 PM.

The GNA Axles IPO starts on Sep 14, 2016. The issue ends on Sep 16, 2016.

GNA Axles IPO Issue Size and Subscription Status

The GNA Axles IPO size is 6300000 Equity Shares of ₹10 aggregating up to ₹130.41 Cr.

G N A Axles Ltd is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for GNA Axles IPO shares through the banks (using ASBA) or through the broker (using UPI).

GNA Axles IPO Offer Size

Qualified Institutional Buyers (QIB)1,220,000 Shares
Non-Institutional Investors (NII)915,000 Shares
Retail Individual Investor (RII)2,135,000 Shares
Employee Reservations200,000 Shares
Other Reservations0 Shares
Total Issue Size4,470,000 Shares

GNA Axles IPO IPO Subscription Status

Qualified Institutional Buyers (QIB)17.18 times times
Non-Institutional Investors (NII)217.47 times times
Retail Individual Investor (RII)11.84 times times
Employee Reservations0.31 times times
Other Reservations times
Total Issue Size54.88 times times

Click here to check the GNA Axles IPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in GNA Axles IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting https://zerodha.com/ipo

You could check GNA Axles IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

GNA Axles IPO Allotment and Listing

The GNA Axles IPO allot status will be available online on Sep 21, 2016. Check the GNA Axles IPO Allotment Status here.

Click here to check GNA Axles IPO Allotment Status.

GNA Axles IPO listing Date is Sep 26, 2016. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The GNA Axles IPO listing date and time is published by the exchange in a circular.

Click here to view the GNA Axles IPO Basis of Allotment.

It is hard to say at what price GNA Axles IPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The GNA Axles IPO shares will list on Sep 26, 2016 at BSE, NSE.

GNA Axles IPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about GNA Axles IPO which could help you with questions like GNA Axles IPO buy or not? You should also read GNA Axles IPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

GNA Axles IPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the GNA Axles IPO performance. The performance reports are available 1 day after listing.