₹29.03 Crores | Listing at BSE | Tue, Jun 2, 2026 - Wed, Jun 10, 2026
Gs Auto International Ltd Rights Issue comprises 2.90 Cr equity shares aggregating to ₹29.03 Cr, offered at an issue price of ₹10 per share with a face value of ₹5 per share.
The record date for determining eligible shareholders is May 22, 2026, with the Rights Issue being offered in the entitlement ratio of 2:1.
As per the terms of payment, ₹10 per share payable on application, with the balance payable in call(s).
The Rights Entitlements are expected to be credited to eligible demat accounts on May 25, 2026.
The Rights Issue opens on Jun 2, 2026 and closes on Jun 10, 2026.
The deemed date of allotment is Jun 11, 2026, following which the equity shares are expected to be credited to demat accounts on Jun 12, 2026 and listed on the BSE on Jun 15, 2026.
Skyline Financial Services Pvt.Ltd. is the Registrar to the Issue.
Investors are advised to refer to the Gs Auto International Ltd Letter of Offer for detailed information, including risk factors, issue terms, and procedural details.
Record Date
Fri, May 22, 2026
Entitlement Ratio
2 : 1
Open Date
Tue, Jun 2, 2026
Close Date
Wed, Jun 10, 2026
| Period Ended | 31 Dec 2025 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Total Income | 108.58 | 145.36 | 151.06 |
| Profit After Tax | 2.01 | 1.23 | 0.66 |
| NET Worth | 25.07 | 23.06 | 21.84 |
| Reserves and Surplus | 17.82 | 15.81 | 14.58 |
| Amount in ₹ Crore | |||
Incorporated in 1973, G.S. Auto International Limited is engaged in manufacturing automotive suspension and auto components for commercial vehicles and trailers. The company manufactures leaf springs, parabolic springs, lift axles, air suspension systems, and suspension kits for OEMs and aftermarket customers.
The company operates manufacturing facilities in Ludhiana, Punjab, with in-house production and engineering capabilities. It serves domestic and international markets across Asia, Africa, and Europe through its distribution and export network.
G.S. Auto follows an integrated manufacturing and supply business model focused on quality products, product development, and long-term customer relationships. Its customers include automobile manufacturers, distributors, fleet operators, and replacement market buyers.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Capital expenditure requirements towards purchase of machinery for manufacturing units | 1.96 |
| 2 | Funding the Working Capital Requirements of the Company | 16.85 |
| 3 | Funding of acquisitions of unidentified businesses for future growth and other business initiatives, and General Corporate Purposes | 9.47 |
| Total | 28.28 |
[Dilip Davda] GSAIL is in the business of manufacturing/marketing/trading in auto components. It caters to OEM, replacement market and also exporting its products. Though its top line marked down trends, bottom line posted growth for the reported periods. Based on its last traded price and the financial data, the issue appears reasonably priced. The RI offer is around 41% discount to its last traded price. Investors may park moderate funds for medium to long term. Read detail review...
Gs Auto International Rights Issue May 2026 got oversubscribed by 1.95 times by the end of the bidding period with total bid quantity received by BSE of 5,65,50,789 shares. Check Day by Day Subscription Details (Live Status)
| Date | BSE Bid Quantity | Subscription Times |
|---|---|---|
Jun 10 2026 17:00:00 | 5,65,50,789 | 1.95x |
Gs Auto International Ltd
G.S. Estate
G.T. Road
Ludhiana, 141010
Skyline Financial Services Pvt.Ltd.
The Gs Auto International Rights Issue May 2026 opens on Tue, Jun 2, 2026, and closes on Wed, Jun 10, 2026.
Gs Auto International Rights Issue May 2026 Schedule
| Last Date for credit of Rights Entitlements | Mon, May 25, 2026 |
| Last Date for renunciation of Rights Entitlements | Fri, Jun 5, 2026 |
| Issue Opening Date | Tue, Jun 2, 2026 |
| Issue Closing Date | Wed, Jun 10, 2026 |
| Date of Allotment (on or about) | Thu, Jun 11, 2026 |
| Date of Credit (on or about) | Fri, Jun 12, 2026 |
| Date of Listing (on or about) | Mon, Jun 15, 2026 |
You can apply for Gs Auto International Rights Issue May 2026 in two ways:
Steps to apply for Gs Auto International Rights Issue May 2026 using Net Banking (ASBA)
Steps to apply for Gs Auto International Rights Issue May 2026 using Registrar's website (R-WAP)
