GNA Axles Limited IPO

Mainboard IPOListedGNANSE

Current Market Price (CMP)

₹517.60(+150.05%)

Current Price (CMP)

₹517.60(+150.05%)

Live Market Quote

Listing Price & Gain

₹126(-39.13%)

Day 1 Exchange Open

IPO Issue Price

₹207

Band: ₹205 - ₹207

Total Subscription

54.88x

Overall Bid Demand

Total Issue Size

—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens

14 Sept 2016

IPO Bidding Closes

16 Sept 2016

Allotment & Refunds

Completed

Exchange Listing Day

26 Sept 2016

IPO Subscription Status

Breakdown of institutional, high-net-worth, and retail bidding demand

Overall Demand: 54.88x

Investor Category	Subscription	Shares Offered	Shares Bid
Qualified Institutional Buyers (QIB)	17.18x	12,20,000	2,09,62,760
Non-Institutional Investors (NII / HNI)	217.47x	9,15,000	19,89,87,600
Retail Individual Investors (RII)	11.84x	21,35,000	2,52,86,730
Employees Reservation	0.31x	2,00,000	62,090
Total Subscription	54.88x	44,70,000	24,52,99,180

Updated as on 16 Sep 2016 at 2130 hrs

Listing Day & Return Performance

Listing Day Gain-39.13%

₹207 (Issue) → ₹126 (List)

Per share profit: ₹-81.00

Holding Return (Till Date)+150.05%

₹207 (Issue) → ₹517.60 (CMP)

Net gain per share: +₹310.60

Post-Listing Performance (Listing Day → Today):+310.79%

About GNA Axles Limited IPO

GNA Axles Limited is an Indian public offering categorized under the Mainboard segment. The public issue opened for bidding on 14 Sept 2016 and concluded on 16 Sept 2016, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹205 - ₹207.

During the bidding window, GNA Axles Limited witnessed heavy demand with an overall subscription of 54.88 times. Institutional investors (QIB) subscribed 17.18x, non-institutional high-net-worth investors (NII) subscribed 217.47x, and retail individual investors (RII) bid 11.84x their reserved quota, alongside employee participation of 0.31x.

The equity shares of GNA Axles Limited officially debuted on the stock exchanges on 26 Sept 2016 at an opening listing price of ₹126, delivering a listing day return of -39.13% (discount) over the final issue price. As per the latest market data, the stock trades at ₹517.60, representing an overall gain of +150.05% since its IPO allotment.

Frequently Asked Questions

What was the issue price or price band of GNA Axles Limited IPO?

The issue price of GNA Axles Limited IPO was fixed at ₹207 per equity share. The indicative bidding price band was ₹205 - ₹207.

What were the open, close, and listing dates for GNA Axles Limited IPO?

GNA Axles Limited IPO opened on 14 Sept 2016, closed on 16 Sept 2016, listed on 26 Sept 2016.

How much was GNA Axles Limited IPO subscribed?

The IPO received an overall subscription of 54.88 times. Category-wise, QIBs subscribed 17.18x, NIIs subscribed 217.47x, and Retail investors subscribed 11.84x.

What was the listing price and listing gain of GNA Axles Limited IPO?

GNA Axles Limited IPO listed on the stock exchange at ₹126, delivering a listing discount of 39.13% compared to the IPO issue price of ₹207.

Is GNA Axles Limited IPO a Mainboard or SME IPO?

GNA Axles Limited IPO is a Mainboard IPO listed on the main exchange of NSE.

What is the current return of GNA Axles Limited IPO since its IPO?

At the latest market quote of ₹517.60, GNA Axles Limited IPO has generated an all-time return of +150.05% since its initial public offering.