Three investors -- Reliance Capital, UTI Mutual Fund and HDFC Trustee Company -- were allotted shares by the company.
GNA Axles will hit the capital markets on September 14, to raise an estimated Rs 130 crore. The company has fixed a price band of Rs 205-207 per share.
"Under Anchor Investors (AIs) portion in the public issue of GNA Axles, 18,30,000 equity shares have been subscribed today by three AIs at Rs 207 per equity share," the company said in a statement today.
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