GNA Axles IPO Subscription Details

Bookbuilding IPO | ₹130 Cr | Listed at BSE, NSE | Wed, Sep 14, 2016 - Fri, Sep 16, 2016

Basis of Allotment - GNA Axles IPO

Category QIB NII Retail Employees Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)12,20,00018,30,00030,50,0009,15,00021,35,0002,00,00063,00,000
Allotment price (Rs.)207207207207207207207
No.of applications297362522,79,685912,80,064
No.of shares applied2,09,62,76019,32,4902,28,95,25019,28,05,2002,41,42,02057,33023,98,99,800
Amount collected (Rs.cr.)433.93 40.00 473.93 3,991.07 499.74 1.19 4,965.93
No.of times subscribed17.181.067.51210.7211.310.2938.08
No.of shares allotted12,91,33518,30,00031,21,3359,36,40021,84,93557,33063,00,000
Amount (Rs.cr.)26.73 37.88 64.61 19.38 45.23 1.19 130.41
No.of allottees2973617131,2139131,511

IPO Shares Offered

GNA Axles IPO is a public issue of 0.63 Cr equity shares. The issue offers 0.21 Cr shares to retail investors, 0.31 Cr shares to qualified institutional buyers, and 0.09 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
QIB 30,50,00063.14 48.41%
    Anchor 18,30,000 37.88 29.05%
    QIB (Ex Anchor) 12,20,000 25.25 19.37%
NII 9,15,00018.94 14.52%
Retail21,35,00044.19 33.89%
Employee2,00,0004.14 3.17%
Total63,00,000130.41 100%

GNA Axles IPO Anchor Investor Allocation

A total of 18,30,000 shares at a price of Rs 207 per share will be allotted to the anchor investors.

Anchor investors bid opening dateSep 12, 2016
Anchor investor price₹207.00
Anchor investors as % of QIBs60.00%
No. of shares locked-in for 30 days9,15,000
No. of shares locked-in for 90 days9,15,000
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 NIPPON INDIA SMALL CAP FUND NIPPON INDIA MUTUAL FUND 4,83,140 10.00 26.40 7.67
2 UTI AGGRESSIVE HYBRID FUND UTI MUTUAL FUND 2,66,433 5.52 14.56 4.23
3 UTI RETIREMENT FUND UTI MUTUAL FUND 1,14,217 2.36 6.24 1.81
4 HDFC CHILDREN'S FUND HDFC MUTUAL FUND 2,42,200 5.01 13.24 3.84
5 HDFC RETIREMENT SAVINGS FUND-HYBRID DEBT PLAN HDFC MUTUAL FUND 7,210 0.15 0.39 0.11
6 HDFC RETIREMENT SAVINGS FUND-EQUITY PLAN HDFC MUTUAL FUND 1,21,100 2.51 6.62 1.92
7 HDFC BALANCED ADVANTAGE FUND HDFC MUTUAL FUND 5,95,700 12.33 32.55 9.46
18,30,00037.8810029.05

IPO Subscription FAQs

The GNA Axles IPO is subscribed 54.8736263982103 times by Sep 16, 2016 19:00.

GNA Axles IPO Subscription

Investor Category Subscription (times)
Qualified Institutional17.1800081967213
Non Institutional217.470032786885
Retail Individual11.84
Employee Reservations0.3101
Total Subscription54.8736263982103

Retail category of GNA Axles IPO subscribed 11.84 times as of date Sep 16, 2016 19:00. The public issue closes on Fri, Sep 16, 2016 for bidding.

An investor can apply in GNA Axles IPO online via bank (using ASBA) or the broker (using UPI). The GNA Axles IPO shares are offered online only.

The GNA Axles IPO is subscribed 54.8736263982103 times by Sep 16, 2016 19:00.

The GNA Axles IPO allotment status is expected on or around Wednesday, September 21, 2016. Visit GNA Axles IPO allotment status to check.

The GNA Axles IPO listing date is September 26, 2016. The equity share of GNA Axles IPO will list on BSE, NSE.

Visit GNA Axles IPO subscription status page for real-time bidding information about GNA Axles IPO.

GNA Axles IPO Timetable

IPO opens OnWednesday, September 14, 2016
IPO Closes OnFriday, September 16, 2016
Finalisation of Basis of AllotmentWednesday, September 21, 2016
Initiation of RefundsThursday, September 22, 2016
Credit of Shares to Demat AccountFriday, September 23, 2016
IPO Listing DateMonday, September 26, 2016
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