Gajra Differential Gears Filed Draft Red Herring Prospectus

Gajra Differential GearsGears producer Gajra Differential Gears plan to tap capital markets for financing the enlargement. It’s filed draft-red herring prospectus with the Securities and Exchange Board of India for a public issue of 60 lk equity stocks of face value of Rs 10 every.

The ipo issue would comprise 46.17percent of the totally diluted post issue paidup capital of firm, Firm is involved in the business of producing of differential/ axle gears for trucks, cars, jeeps, tractors, LCVs and MCVs . Its goods are providing to replacement, OEM( Original-Equipment Manufacturer ) as well as export_segment.

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