GNA Axles Limited
14 Sep 2016 – 16 Sep 2016
LISTED
Offer Price
₹205–207
Bid lot
70
Min Application
₹14,490
Issue Size
₹130 Cr
Key dates
Open date
14 Sep 2016
Done
Close date
16 Sep 2016
Done
Basis of allotment
—
TBA
Initiation of refunds
—
TBA
Credit to demat
—
TBA
Listing date
26 Sep 2016
Today
Issue reservation
₹130 CrQIB 50%Retail 35%5%
QIB
31.4 L sh · ₹65.00 Cr
Retail
22.0 L sh · ₹45.50 Cr
Employee
3.1 L sh · ₹6.50 Cr
BRLM: Axis Capital · Nuvama · JM Financial
Lot ladder — how much to bid
1 lot = 70 sharesRetail · Up to ₹2 L1–13 lots
Min · 1 lot
70 sh · ₹14,490
Max · 13 lots
910 sh · ₹1,88,370
S-HNI · ₹2 L to ₹10 L14–69 lots
Min · 14 lots
980 sh · ₹2,02,860
Max · 69 lots
4,830 sh · ₹9,99,810
B-HNI · Above ₹10 L70+ lots
Min · 70 lots
4,900 sh · ₹10,14,300
Entry point
₹10,14,300 onward
Issue details
Lead managersAxis Capital, Nuvama, JM Financial
Face value₹10
Listing onNSE
RegistrarLink Intime India Private Limited
Live subscription
14.17×
0×1×2×3×+
Oversubscribed
Book₹117.00 Cr
Subscribed₹1,657 Cr
Applications—
Share-wise
by category| Category | Book Size | Subscription | No. of Times |
|---|---|---|---|
| QIB | 31,40,097₹65.00 Cr | 5,39,46,858₹1,117 Cr | 17.18× |
| HNI | 9,42,029₹19.50 Cr | 20,48,63,036₹4,241 Cr | 217.47× |
| Retail | 21,98,068₹45.50 Cr | 2,60,25,120₹538.72 Cr | 11.84× |
| Employee | 3,14,010₹6.50 Cr | 97,343₹2.02 Cr | 0.31× |
| Total | 56,52,175₹117.00 Cr | 8,00,69,321₹1,657 Cr | 14.17× |
*QIB Book Size is Gross — the anchor allocation is not on this record yet.
Subscription Demand
in ₹ crore| Category | Applied |
|---|---|
| QIB | 1,116.70 |
| HNI | 4,240.66 |
| Retail | 538.72 |
| Employee | 2.02 |
| Total | 1,657.43 |
Amounts at the upper band (₹207). Times figures are computed from the shares this page shows so Book × Times = Subscribed always cross-checks.
Grey-market sentiment
No grey-market data yet.
Documents
RHPOpen ↗
Filed with SEBI / the exchange by the issuer. Opens on the issuer's or the regulator's site.
How to apply
1Create your account & log inSign up on Investoyard and complete a quick KYC.
2Pick the IPO & tap ApplyOpen the live IPO and choose your investor category.
3Enter bid & quantityUp to 3 bids · cut-off or price band · retail cap ₹2,00,000.
4Approve the UPI mandateYou receive a fund-block request on your UPI app.
5DoneFunds stay blocked until allotment, then auto-debited (or released).
Frequently asked questions
What is the minimum investment in the GNA Axles Limited IPO?
One lot of 70 shares — ₹14,490 at the upper price band of ₹207.
How many bids can I place?
Up to 3 bids per application. Retail applications are capped at ₹2,00,000; above that you must apply in the HNI category.
When are the funds debited?
Funds are blocked via a UPI mandate at application and debited only on allotment. If shares are not allotted, the block is released automatically.
When will the shares list?
Tentative listing on 2016-09-26 on NSE.