GNA Axles IPO – Should you invest in such high risk IPO?

GNA Axles Ltd IPO - Should you invest in this IPO

GNA Axles IPO – Should you invest in such high risk IPO? Jhalandar based, the GNA Axles IPO would open for subscription on 14th September, 2016. GNA Axles Limited is the leading manufacturers of rear axle shafts used in on highway and off-highway vehicular segments in India. The company revenues grew at 18% in FY16 comparing to previous year. It earns 5% margins. What next? Getting tempted with this IPO, just wait. Read the complete analysis before you make your […]

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