Auto Parts Supplier To Tata Motors & Ashok Leyland Plans ₹30 Cr Rights Issue — Key Details Inside

Auto Parts Supplier To Tata Motors & Ashok Leyland Plans ₹30 Cr Rights Issue — Key Details Inside


G S Auto International Rights Issue

G S Auto International Rights Issue dates are not finalized.

Established in 1938, G.S. Auto International is a manufacturer of automotive suspension and fastening components, catering to a wide spectrum of vehicles including passenger cars, utility vehicles, light and heavy commercial vehicles (LCVs, MCVs, HCVs), multi-axle vehicles, trailers, and special-purpose vehicles. The company operates two large-scale manufacturing facilities located in Ludhiana and Jamshedpur, spread across ~1.2 million sq. ft area.

The company manufactures a wide range of components such as U-bolts, spring bolts, hub bolts, nuts, pins, bushes, propeller shaft parts, and trailer suspension assemblies. Its products are compatible with global vehicle platforms, including DAF, MAN, Scania, Renault, Daimler, and Volvo. G.S. Auto has built a strong domestic and international customer base, supplying to leading OEMs and Tier-1 players such as Tata Motors, Ashok Leyland, Mahindra & Mahindra, Maruti Suzuki, VE Commercial Vehicles, and Volvo, supported by a distribution network of over 500 distributors and 10,000 retailers across India.

G S Auto International Rights Issue Record Date

Promoters of G S Auto International – Mr. Jasbir Singh Ryait, Mr. Surinder Singh Ryait, Mr. Ranjodh Singh, Ms. Dalwinder Kaur Ryait, Ms. Amarjit Kaur Ryait

G S Auto International Rights Issue Details

G S Auto International Rights Issue DateComing soon
G S Auto International Rights Issue PriceComing soon
Issue Size (in Shares)Coming soon
Issue Size (in INR)INR 30 crore
Issue EntitlementNA equity shares for every NA equity share held on the record date
Terms of PaymentPartly paid-up
G S Auto International Rights Issue Record DateComing soon
Face ValueINR 5 per share
Listing OnBSE

G S Auto International Rights Issue Calculation

G S Auto International Rights Issue PriceComing soon
Market Price on Rights Issue ApprovalINR 28.86 per share
Dilution Factor (X)
Fair Value After Dilution at Prevailing PriceComing soon

G S Auto International Financial Performance

 FY 2023FY 2024FY 2025
Revenue129149144
Expenses125140133
Operating Margin (%)367
Net Income(3)11
ROCE (%)01012
Figures in INR Crores unless specified otherwise

G S Auto International Rights Offer Objectives

The net proceeds from the offer are proposed to be used for

  • Capital expenditure requirements towards the purchase of machinery for manufacturing units – INR 1.96 crore
  • Funding the working capital requirements of the company – INR 16.85 crore
  • Funding of acquisitions of unidentified businesses for future growth and other business initiatives, and general corporate purposes

G S Auto International Rights Offer Documents

G S Auto International Rights Issue Dates

Rights Issue Approval Date30 March 2026
Rights Issue Record DateComing soon
Credit of Rights EntitlementComing soon
Rights Issue Opening DateComing soon
Last Date for Market RenunciationComing soon
Rights Issue Closing DateComing soon
Finalization of Basis of AllotmentComing soon
Rights Allotment DateComing soon
Credit DateComing soon
Listing DateComing soon

G S Auto International Rights Offer Registrar

SKYLINE FINANCIAL SERVICES PVT. LTD
D-153 A, 1st Floor, Okhla Industrial Area,
Phase – I, New Delhi-110020
Phone: +91- 11-40450193-197
Email: [email protected]
Website: www.skylinerta.com

G S AUTO INTERNATIONAL LIMITED
G S Estate, G T Road, Ludhiana,
Punjab, India, 141010
Telephone: 0161-2511001-02
Email: [email protected]
Website:
www.gsgroupindia.com

G S Auto International Rights Offer FAQs

What is the G S Auto International Rights Issue Price?

The issue price is INR NA per share.

What is the G S Auto International Rights Issue entitlement ratio?

The eligible shareholders are offered NA Equity Shares for every NA Equity Shares held on the record date.

What is the G S Auto International Rights Issue Record Date?

The Record date is coming soon.

How to Apply in G S Auto International Rights Offer?

The best way to apply in G S Auto International Rights Offer is through Internet banking ASBA. You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an application Form form and deposit the same to your broker.



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