Axles India Limited Unlisted Shares

(i) Axles India is a joint venture of Wheels India, Sundaram Finance and Dana Holding Corporation, USA. Axles India has the capability to provide Axle Housings for the entire range of Medium and Heavy Commercial Vehicles. The production of pressed Axle Housings is at an annual level of 280,000 pressed Axle housings, manufactured in plants at Sriperumbudur and Cheyyar.

(ii) Axles India was started in 1982, as a joint venture with Eaton. In 1998, Dana Holding Corporation purchased Eaton Axles Business and Axles India’s shares were part of this arrangement.

(iii) Axles India commenced production at its Sriperumbudur plant, with an annual volume of 10,000 axle housings to 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, the facility to manufacture Drive Head assemblies was installed.
In 2006, Export oriented unit (EOU) was established for catering to export markets.
In 2011, Drive head business was sold to Dana India Private Limited.

(iv) Axles India supplies to Tata Motors, Ashok Leyland, VE Commerical 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 Limited Unlisted Shares Details:

Total Available Shares:	100
Face Value:	₹ 10 Per Equity Share
ISIN:	INE701C01011
Lot Size:	50 Shares
Current Unlisted Share Price:	₹ Best in Industry Per Equity Share

Promoters And Management:

(i) S Ram, Chairman (ii) V Madhavan, Managing Director

Shareholding Pattern:

As on 31.03.2019

Shareholders’ Name	No. of Shares	% of total Shares of the company	%of Shares Pledged
Sundaram Finance Holdings Ltd	9891754	38.82	NIL
Wheels India Ltd	2424661	9.51	NIL
Dana Global Products Inc	12316415	48.33	NIL

Financials of Axles India Limited Unlisted Shares:

Particulars( Cr)	2020	2019	2018	2017
Revenue	409	621	483	455
EBITDA	27	70	45	34
PAT	12	37	21	15
Shares	2.60	2.548	2.548	2.548
EPS	4.52	14.52	8.24	5.89
Net-Worth	137	137	108	92
Debt	47	69	81	68
ROE	8.76%	27.0%	19.4%	16.3%
Free Cash Flow	62.08	17.91	2.33	17.39
Dividend (Rs. per Share)	1.5	4	3	1

1. The revenue has reduced by 200 crores in FY20 due to slowdown in vehicle segment. 2. The impact of reduction is seen on the bottom-line as well. 3. The ROE has reduced to 8% in FY19-20 as compared to 27% in FY18-19. 4. The EPS for FY19-20 stands at 4.52. 5. Mcap based on Unlisted Market Price of Rs.180 stands at 458 Cr. FY18-19 Updates (i) The Company has entered into a lease agreement for land near Jamshedpur for the purpose of putting up a production facility for Axle Housing supply to TATA Motors plant at Jamshedpur as TATA Motors are a large customer for our Axle Housing. This is expected to improve our service level to them. (ii) Your Company’s sale of Housings to the domestic market increased to 263000 numbers in 2018-19 from 219000 numbers in 2017-18. The export sales to Dana USA increased to 47000 numbers from 43000 numbers and export to Thailand and Japan was 3300 numbers during 2018-19 and 4600 numbers in 2017-18. FY19-20 Updates The Indian economy grew near 5% in 2019-20 with heavy CV market going down in the later half. Affected by buildup of overcapacity in the haulage segment and reduced funding for projects in March 2020 change in emission norms at truck OEMs brought our sales down. The onset of COVID-19 lockdown measures were mandated by Government in April 2020. This brought the supply chain to stall. Lockdown measures are cautiously being relaxed from 17th May 2020, restriction of interstate movement of goods and people still continue. In this scenario demand for trucks and buses is expected to be subdued with improvement at OEMs only in the second half of the year. Export demand is also expected to be subdued in 2020-21. Axles India Annual Report 2019-20 Axles India Annual Report 2018-19 Axles India Annual Report 2017-18 Axles India Annual Report 2016-17

Comparison With Peers:

GNA Axles is the listed player in the market which can be compared with the company. (i) GNA Axles:

Particulars (Cr)	2020	2019	2018	2017
Revenue	909	928	680	516
PAT	48	65	50	29
EPS	22	30	23	13
Net-Worth	463	401	341	296
Debt	130	151	122	98
ROE	11%	16.2%	14.7%	9.8%

(ii) The GNA Axles is currently available at P/E of 17. (iii) The Axles India has EPS of 5 in FY20, so anything around Rs.100 would be a good price to buy.

Company Address:

21, Patullos Road, Chennai 600 002 CIN : U27209TN1981PLC008630 Website Address : www.axlesindia.com

Frequently Asked Questions:

Please find below the procedure for buying Axles India Limited Unlisted Shares at UnlistedZone.

1. You confirm booking of Axles India Limited Unlisted Shares with us at a trading price.
2. You provide your client master report (ask the broker if not available) 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.
3. We will provide the bank details.
4. You need to transfer funds in that account.
5. Payment has to be done in RTGS/NEFT/IMPS CHEQUE TRANSFER. No CASH DEPOSIT.
6. Payment has to be done from the same account in which shares are to be credited.
7. We will transfer the shares in 24 hours if funds are credited before 2 pm.

Important Note: Please note that the lock-in period for selling Axles India Limited Unlisted Shares is 6 months after listing. Hence you can’t sell Axles India Limited Unlisted Shares which you bought in Pre-IPO for 6 months after its listing. i.e. You can sell it only after 6 months calculated from the listing date. For any queries, please contact us at sales@unlistedzone.com

Please find below the procedure for selling Axles India Limited Unlisted Shares at UnlistedZone.

1. We will confirm our buying price of Axles India Limited Unlisted Shares.
2. We will give you our client master report and you will transfer the Axles India Limited Unlisted Shares to our demat account.
3. We will ask for bank details of yours once the Axles India Limited Unlisted Shares are received in our demat account..
4. We will transfer the funds in your bank account within 24 hrs of receiving the Axles India Limited Unlisted Shares.
5. Payment will be made in RTGS / NEFT / CHEQUE TRANSFER/IMPS. No CASH DEPOSIT.
6. 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. As per SEBI regulations, the transfer of funds in the third party account is not legal and our policy refrain us from doing so.

Note: The price at which we are buying the share is fixed for 3 days. If you cant sell your stock within 3 days, then the price of that day will be applicable when we receive shares in our demat.

Lock-in period of Axles India Limited Unlisted Shares depends upon category of investors.

1. Venture Capital Funds or Alternate Investment Fund of Category -I or II, or Foreign Venture Capital Investor - lock-in Period of 6 months from the date of acquisition of Axles India Limited Unlisted Shares.
2. Other Investors (include Retail, HNIs or Body Corporate) lock-in Period of 6 months from the date of listing of IPO of Axles India Limited Unlisted Shares.

This new SEBI rule was introduced in the month of August-2021, wherein the SEBI has reduced the lock-in period previously from 1 year to 6 months to encourage more and more funds to be invested in startups which are going to public or IPO in near future. Reduction of lock-in is seen as big step and after that many PMS funds are advising their clients to invest in Pre-IPO shares to get the benefit of early stage investment.

DIS - Delivery Instruction Slip is the way through which an investor can sell or transfer the Axles India Limited Unlisted Shares from his/her demat account to any other demat account. There are two Types of DIS Slip.

1. Offline-DIS - This is an offline mode of transfer of shares wherein the investors needs to fill DIS form and give it to their broker for transferring the shares. Following are the fields which are required to be filled.
- a. ISIN number of Axles India Limited Unlisted Shares.
- b. Name of Axles India Limited Unlisted Shares
- c. Quantity of Axles India Limited Unlisted Shares
- d. Cosideration Amount
- e. Target DP ID and Client ID
- f. Annexure
2. Online DIS - Some of the broker these days gives facility of transferring the Axles India Limited Unlisted Shares via online DIS. So, please check with your broker whether such facility is available or not. For example: Angel Broking proivdes the facility of Online-DIS from its platform. As an investor he/she simply needs to add a beneficiary into it and send the Axles India Limited Unlisted Shares by filling the details similar to Ofline-DIS.

Read our article to understand more about this. https://unlistedzone.com/how-do-i-sell-my-unlisted-shares/

In the last 4-5 years, the unlisted share market has become quite big and as a result of that, the ticket size has reduced from usual 5-10 Lac to 35-50k in today's scenario. So, via our UnlistedZone platform, if somebody wants to buy Axles India Limited Unlisted Shares then minimum investment would be 35-50k.

Yes, buying and selling of unlisted shares in India is 100% legal.

If you sell your shares within 2 years, then you will have to pay Short-term Capital gain on unlisted shares. Short-Term Capital Gain is added in your Income. So, as per individual tax slab you need to pay capital gain tax.

If you sell your shares after 2 years, then you will have to pay Long-term Capital gain on unlisted shares LTCG is 20% with indexation benefits.

Taxes will remain the same irrespective of listing of shares, if bought in unlisted market. Actually, to be eligible for taxes as per listed market, one has to pay STT on buying and selling of shares. But, if you buy in unlisted and sell in listed market, one pay STT only on selling so, taxes of listed market will not be applicable

If you buy Axles India Limited Unlisted Shares from UnlistedZone then these shares can checked in two ways. However, before we tell you the process of checking of shares, it is intimated that as per SEBI regulations, the shares can be transferred in demat account only.

Check credit of Axles India Limited Unlisted Shares Instantly?

1.You can download the NSDL or CDSL application from google play-store and check. If you want to check whether your stock broker is registered with NSDL or CDSL then check the following procedure.
By carefully examining the number format of Demat Account we can easily identify whether the stock broker is registered with CDSL or NSDL.
Demat Account = DP ID + Client ID. (16 Characters )
"DP ID is the unique identification of the Broker. Every broker gets a unique number from CDSL or NSDL.By carefully examining the number format of Demat Account we can easily identify whether the stock broker is registered with CDSL or NSDL.
Client ID is the unique identification of the Client. Every client gets this unique number which represents his/her portfolio.
In CDSL, all these characters are numbers (1234567891234567) first 8 digits are DP ID and next 8 digits are Client Id whereas in NSDL the first two characters are letters which are in accordance with the country that you are from (IN12345678912345), then 6 unique digits for Broker and next 8 digits are client ID.
Example:
CDSL = 12345678(DP ID) and 91234567(Client ID).
NSDL = IN123456 (DP ID) and 78912345(Client ID).
Check in brokers application?
Credit of Axles India Limited Unlisted Shares can be checked in brokers application as well but it takes T+2 days to show the shares.

The Axles India Limited Unlisted Shares are credited in demat account same day of transferring funds in our company's bank account.

The price of Axles India Limited Unlisted Shares can be checked in two ways. First, you can join our telegram channel where on daily basis we share the latest prices of all the unlisted shares in the morning and secondly, you can register on UnlistedZone.live platform to see the historical graphs and prices of all the shares at one place.

If you see the thesis of investment in the unlisted shares then it is being done mainly to take the advantage of IPO market. And, if the IPO plans of company get delayed due to market conditions or any other reason then demand suddenly drops in the market. The unlisted market works mainly on demand and supply and if there is no IPO news then getting exit would be difficult.

"UnlistedZone is India's fastest and leading marketplace to buy and sell unlisted shares. In the last 3 years, we have already served more than 1 million users on the platform. The total transactions value done from the platform is already more than 100 Crores. The name of our Co-founders Mr. Umesh Paliwal and Dinesh Gupta publish regularly in leading newspapers like MoneyControl, Business-Standard, ET etc for their views on IPO and Unlisted market. In the last 3 years, UnlistedZone has made a good name for itself in the industry and gained a trust of their users. So, the new investors should not be worried about any kind of fraud that is mostly happens with unkown brokers in the market while doing investment with UnlistedZone."

We at UnlistedZone do the valuation based on 2 methods.

1. We check the last funding that is being done in the Axles India Limited Unlisted Shares to ascertain the benchmark valuation.
2. If there is no funding happened in the company, then we try to find a business similar to Axles India Limited Unlisted Shares in the listed space and do comparison method to ascertain the valuation.

As an investor in the unlisted space, we would always recommend that you must check all the risk parameter carefully before investing in the unlisted space.

We source shares either from the employees or initial investors looking to liquidate their Axles India Limited Unlisted Shares.

Pre-IPO shares means which are planning for an IPO in near future. So, all the shares which are traded on the platform are not Pre-IPO Shares. However, if the company's business is going good and then demand will always be there in the unlisted space, so even if the IPO does not come, the investors can easily liquidate their Axles India Limited Unlisted Shares in the unlisted market itself.

Rules and regulations of SEBI are applicable in the Unlisted space like lock-in period of 6 months, paying of Stamp Duty, and DP Charges for every transaction etc. However, to become an unlisted broker there is no such regulation by SEBI as of yet.

For tracking news and other information about Axles India Limited Unlisted Shares, one can visit our website wherein we post news and other information on daily basis and one can also join our telegram channel.

Discussion on Axles India Limited Unlisted Shares:

2 Comments

Rahul Shukla

8:28 PM, 12 February 2020

How is 6M FY20 performance?
Is there any update?

Log in to Reply
Bipin

9:17 AM, 11 February 2020

Is this available ?

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Axles India Limited Unlisted Shares

Axles India Limited Unlisted Shares Details:

Promoters And Management:

Shareholding Pattern:

Financials of Axles India Limited Unlisted Shares:

Comparison With Peers:

Company Address:

Frequently Asked Questions:

Discussion on Axles India Limited Unlisted Shares:

2 Comments

Rahul Shukla

Bipin

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