Axles India Ltd Unlisted Shares

₹ 264

Axles India Ltd Unlisted Shares Company Details

ISIN NUMBER

INE701C01011

 

NET PROFIT

₹ 52.64 Cr

 

FACE VALUE

₹ 10

 

EPS

₹ 20.66

 

P/E Ratio

13.55

NET REVENUE

₹ 745 Cr.

 

About Axles India Ltd Unlisted Shares

  • The company is in the business of manufacturing axle housing for global vehicle manufacturers with sales in India and outside India.
  • Axles India is a joint venture of Wheels India, Sundaram Finance, and Dana Holding Corporation, USA. Axles India has the capability to provide axel housings for the entire range of medium and heavy commercial vehicles.
  • Axles India commenced production at its Sriperumbudur plant, with an annual volume of 10,000 axle housings for Ashok Leyland. In 1995, to meet the increased demand of domestic OEMs, an additional facility for axle housings was set up at Cheyyar. In 2003, facilities to manufacture drive head assemblies were installed. In 2006, an export-oriented unit (EOU) was established to cater to export markets. In 2011, Drive Head’s business was sold to Dana India Private Limited.
  • Axles India supplies vehicles to Tata Motors, Ashok Leyland, VE Commercial Vehicles, Dana India Private Limited, SML Isuzu, Mahindra Trucks and Buses, and Daimler India Commercial Vehicles. Axles India also exports to Dana USA and Volvo Trucks Asia.
  • Axles India manufactures drive axle housings, trailer axle beams, and hub reduction axle housings for medium and heavy-duty commercial vehicles.

Axles India Ltd Unlisted Shares IPO Details

The company has no plans to go public. 

 

 

Axles India Share Price

Axle India share price is Rs 285 per share with a face value of Rs 10. 

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Axles India Peers

Following are the close Listed Peers of the company:

GNA AXLE

Axles India Valuation and Analysis

Axle India has shown fabulous growth in it’s financials in the year FY23.

Revenue has shot up by 30% in FY23 While the net profit and EPS has shot up by 57% in FY23 to Rs 745Cr and Rs52 per share respectively.

 

As of 14.09.2023, Price of Axle India is Rs 280 in the unlisted Market. The PE RATIO comes out to be 13.55 at this price. Comparing with it’s listed peers, such as GNA Axle , they are trading at a PE ratio of while the sector index has a average PE of    which shows that axle india is available at relatively undervalued prices and has a potential good upside.

Axles India Ltd Unlisted Shares Subsidiaries

  1. Dana Automotive Systems Group, LLC
  2. Dana Commercial Vehicle Mfg. LLC
  3. Dana Commercial Vehicle Production, LLC
  4. Dana Heavy Vehicle Systems Group
  5. Dana Australia Pty Ltd is a company based in Australia. 

Axles India Ltd Unlisted Shares Board Members

Axles India Ltd Unlisted Shares Consolidated Results

Profit and Loss Statement
Axle unlisted shares

*figures in Cr. except EPS.

Balance Sheet

*figures in Cr.

Cashflow

*figures in Cr.

News

NSE IPO : Expected Date, Share Price?

Indepth Growth Analysis of Studds FY23 Annual Report

Ixigo Analysis of FY 23-22 Results

Lava Invests Rs 600 Crore in R&D and Marketing with its New Goals

Capital Small Finance Bank submits draft papers to Sebi in preparation for its IPO.

Rapido is entering the four-wheeler aggregator market

SEBI grants Fincare Small Finance Bank permission for IPO.

FAQs

Please find below the procedure for buy in Axles India Ltd  Unlisted Shares/Pre-IPO shares at Bharat Invest.

  • You confirm booking of Axles India Ltd Unlisted Shares/Pre-IPO shares with us at a specified price.
  • You have to provide your client master report along with PAN Card and Cancelled Cheque in case you are not transferring funds from the bank account as mentioned in the CMR Copy. These are KYC documents required as per SEBI regulations.
  • We will provide our bank details.
  • You need to transfer funds in the current account of bharatinvest.
  • No cash deposit is accepted
  • Payment has to be done from the same account in which shares are to be credited.
  • We ensure delivery of Axles India Ltd  unlisted shares within 24 hours.
  • Incase of non-availability of shares, we refund the amount to the same bank account within 24 hours.
  • For detailed discussion, you can contact us via any medium.

 

Please find below the procedure for selling Axles India Ltd  Unlisted Shares/Pre-IPO shares at Bharat Invest.

  • We will confirm our buying price of Axles India Ltd  Unlisted Shares/Pre-IPO shares.
  • We will give you our client master report and you will transfer the Axles India Ltd  Unlisted Shares/Pre-IPO shares to our demat account.
  • We will transfer the funds in your bank account within 24 hours of receiving the Axles India Ltd  Unlisted Shares/Pre-IPO shares.
  • All the transactions will be bank to bank.
  • Payment will be given in the same account which is linked to demat account or you need to provide the cancelled cheque shows your name to verify.
  • You can contact us through any medium for a detailed discussion. 

 

  • The lockin period is of 6 months for pre-ipo investors i.e. they cannot sell their shares for 6 months after they get listed. However, they can definitely sell the shares in pre-ipo market before they get listed.

 

  • With BharatInvest , you can now invest in unlisted/pre-ipo shares with as low as 25-50k depending upon the share.

 

  • You can download the NSDL or CDSL application and login into the account and check whether the shares have been credited or not.
  • Credit of Unlisted Shares/Pre-IPO shares Unlisted Shares can be checked in brokers application as well but it takes T+2 days to show the shares.

 

  • The value of share in unlisted space is determined in the same way as it is done in listed market. Demand and supply decide the price of any share. If the demand more than the supply, then the prices of the share increases and vice versa.
  • When a new shares is introduces in the unlisted space, the value of the company is decided upon the last funding raised by company. If the company hasn’t raised any funding in the past, then the valuation is decided upon the fundamentals of the company.

 

  • All the transactions are done DEMAT to DEMAT. All the unlisted shares traded with us are available in demat accounts and are transferred to your demat within 24 hours of payment.

 

Bharatinvest is India’s leading investment bank. Here you can invest unlisted, pre-ipo or delisted shares of Axle at best price. At Bharatinvest, you will get all the updates regarding Axle unlisted share price, IPO news, IPO price, GMP, Axle share news, events, dividends, company related news, ISIN, lot size, Financials ( Axle Profit and loss statement, Axle Balance Sheet, Axle cash flow statement ), Peer comparision and analyst views. Investing in Axle share before ipo can help you invest in shares when they are available at low prices. Holding them on long term basis will help you create wealth in long term and enjoy compounding benefits. Our investors have made an average 250% returns by investing in pre-ipo shares. Buy Axle unlisted or Pre-ipo share at best price from our tech-platform today. You can connect with our expert financial advisors for any guidance. 

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