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    GNA AXLES LTD.

    21 January 2025 | 12:00

    Industry >> Auto Ancl - Engine Parts

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    ISIN No INE934S01014 BSE Code / NSE Code 540124 / GNA Book Value (Rs.) 197.79 Face Value 10.00
    Bookclosure 06/09/2024 52Week High 504 EPS 23.28 P/E 17.23
    Market Cap. 1722.60 Cr. 52Week Low 357 P/BV / Div Yield (%) 2.03 / 0.50 Market Lot 1.00
    Security Type Other

    History of Company

    The company history sections lists out major chronological events that happened to the company.
    The Company was incorporated as G N A Axles Limited on September 6, 1993, at Jalandhar, as a public limited company under the Companies Act, 1956. The Company obtained a certificate of commencement of business on April 5, 1994. As of the date of this Red Herring Prospectus, the Company has 10 shareholders.

    Major events and milestones of the Company

    The table below sets forth the key events in the history of the Company:

    1994

    -Company obtained certificate for commencement of business

    1995

    -Company started supply of fully finished and ready to assemble mechanised axle shafts to OEMs, such as Mahindra & Mahindra Limited

    2002-2003

    -Started exports to USA and Europe

    2004

    -Installed 13" Upsetter with new heat treatment shop

    2007

    -Commissioned 66 kVA dedicated electricity supply line for Unit I

    2008

    -Invested in forging technology for rear axle shafts with direct drive screw press supported by robots

    2012

    -Commissioned Unit II with facility for commercial vehicle axle shafts and spindles machining

    2013

    -Commissioned Lasco extrusion press supported by robots and electric heat treatment furnace at Unit II

    -Commissioned direct drive screw press for heavy axle shaft forgings supported by robots at Unit I

    2015

    -Commissioned 66 kVA dedicated electricity supply line for Unit II
    Certifications, awards and recognitions :

    2009

    -Commendable Performance Award at John Deere India Supplier Meet, 2010

    -Best CRE Performance Award in farm equipment sector by Mahindra & Mahindra Limited

    2010

    -Best CRE Performance Award by Mahindra & Mahindra Limited

    -Recognition of Long Association by Tractors and Farm Equipment Limited

    -`Supplier Recognition Award' in recognition of outstanding contribution to the AAM India team

    2011

    -Commendable Performance Award at John Deere India Supplier Meet, 2012

    2012

    -Best Supplier on VA/VE Award by Oerlikon Drive Systems

    2013

    -Long Association Award at Partners Meet, 2013 by Escorts Limited

    -Preferred Commodity Supplier by Automotive Axles Limited

    2015

    -Best Supplier Award by Tractors and Farm Equipment Limited

    -Best Quality Award by Escorts Agri Machinery

    2016

    -Certificate of excellence for outstanding performance in quality for the year 2015 awarded by Kubota Agricultural Machinery India Private Limited.

    2017 -Company Has Bagged Commendable Performance Award, For India Business.

    2021 -Company has bagged, Partner Level Performance Award in achieving excellence for the year 2020.

    2023

    -The Company has issued Bonus Shares in the Ratio of 1:1.

    Way2Wealth Brokers Private Limited - CIN U67120KA2000PTC027628 Stock Broking: SEBI Regn No.: INZ000178638 | Exchange Membership ID: NSE: 11502, BSE: 3117, MSEI:51000, MCX: 56730 Depository Participant: SEBI Regn No. IN-DP-472-2020 | CDSL ID: 12062900 & 12031500, NSDL ID: IN303077 PMS: SEBI Regn No.INP000000829 | Register with AMFI ARN: 77558 (Date of Initial registration - 8th Dec 2009, Date of expiry - 24th Jan 2027) | PFRDA: POP226012019

    Way2Wealth Commodities Private Limited - CIN U51229KA2006PTC039880 Stock Broking: SEBI Regn No.: INZ000049130 | Exchange Membership ID: NCDEX : 00908

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