GNA Axles Limited IPO – GMP, Review, Share Price, Subscription, and Details

IPOGMPTracker

IPOGMPTracker Team

Sep 14, 2016 · 2 min read

IPO GUIDE

GNA Axles Limited IPO – GMP, Review, Share Price, Subscription, and Details

IPOGMPTRACKER

Complete analysis of the GNA Axles Limited initial public offering (IPO), including daily grey market premium (GMP) updates, subscription trends, and allotment links.

1.GNA Axles Limited IPO Overview

The initial public offering (IPO) of GNA Axles Limited is a public issue under the Mainboard board. The subscription window is scheduled to open on Sep 14, 2016 and close on Sep 16, 2016, with the price band fixed at ₹205–207 per equity share.

2.Issue Details at a Glance

DetailValue
Bidding DatesSep 14, 2016 – Sep 16, 2016
Price Band₹205–207
Lot SizeTBA shares
Minimum InvestmentTBA
Issue SizeTBA
Listing AtBSE, NSE

3.Bidding, Allotment & Listing Timeline

  • Bidding opens: Sep 14, 2016
  • Bidding closes: Sep 16, 2016
  • Allotment date: TBA
  • Listing date: 2016-09-26
  • Minimum investment: TBA

4.GNA Axles Limited IPO GMP Today

No grey market premium has been recorded for GNA Axles Limited yet. GMP is an informal, unregulated indicator of listing-day sentiment and is not published by any exchange.

5.How to Apply for GNA Axles Limited IPO

  1. 1Open IPOGMPTracker or use your broker's app or net banking ASBA facility.
  2. 2Search for "GNA Axles Limited IPO" and select it from the list of current issues.
  3. 3Choose your demat account and enter your bid quantity in multiples of the —-share lot, at a price within the ₹205–207 band (or bid at cut-off, if eligible).
  4. 4Submit the application and approve the UPI mandate request when it arrives — funds stay blocked in your account and are debited only on allotment.

Allotment is expected to be finalised around TBA, with listing tentatively scheduled for 2016-09-26 on BSE and NSE. Once finalised, check your status on the GNA Axles Limited IPO allotment status page.

6.How to Track Subscription & Allotment

7.Conclusion

GNA Axles Limited opens on Sep 14, 2016 and closes on Sep 16, 2016 at ₹205–207 per share. Read the offer documents in full and consult a qualified adviser before applying — nothing on this page is investment advice.

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