Thursday, 15 September 2016

IPO open issue : GNA Axles Ltd.




GNA Axles Ltd.
VPO Mehtiana, Phagwara-Hoshiarpur Road, , Hoshiarpur District , Punjab - 146001
Public Issue of 6300000 Equity Shares of Rs 10 each for Cash at a Premium of Rs 197 per share.
Issue Open Date Issue Closing Date Application Money
14/09/2016 16/09/2016 207
Lead Managers Registrar Listed at
AMBIT PRIVATE LIMITED Link Intime India Private Limited BSE, NSE
PNB INVESTMENT SERVICES LIMITED C-13, Pannalal Silk Mills Compound, , L.B.S. Marg
, Bhandup (West)
, Mumbai , Maharashtra - 400078
Phone: 61715400 Fax: 25960329
Object of the issue
The Net Proceeds from the Issue will be utilised towards the following objects:
1. Purchase of plant and machinery,
2. To meet working capital requirements,
3. General corporate purposes.
Promoted by
The Promoters of the Company are :
1. Mr. Jasvinder Singh Seehra
2. Mr. Ranbir Singh
3. Mr. Gurdeep Singh
1. Mr. Jasvinder Singh Seehra : Jasvinder Singh Seehra is the Joint Managing Director of the Company. He has completed his matriculation from Government Senior Secondary School. He has over 35 years of experience in the auto components industry. Previously, he has worked with other entities forming a part of the GNA Group in the auto compenent industry. He has been a Director on the Board since the inception of the Company.
Driving License Number : PB0820090250879
Voter Identification Number : YUN1015494
2. Mr. Ranbir Singh : Ranbir Singh is an Executive Director of the Company. He holds a diploma in Mechanical Engineering from Punjab State Board of Technical Education. He has over 30 years of experience in the engineering and auto components industry. Previously, he has worked with other entities forming a part of the GNA Group in the auto
compenent industry. He is currently the Chief Executive Officer of the Company. He has been a Director on the Board since inception.
Driving License Number : PB0820090080780
Voter Identification Number : YUN1015601
3. Mr. Gurdeep Singh : Gurdeep Singh is a Non-Independent, Non-Executive Director of the Company. He has completed his higher secondary from Guru Nanak College, Phagwara. He has over 30 years of experience in the auto components
industry. He has been a Director on the Board since inception.
Driving License Number : PB0820110193298
Voter Identification Number : YUN1915569

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