GKN Driveline Unlisted Share
GKN Driveline Ltd
INE527A01014
Listing Status: DRHP Not Filed
About GKN Driveline Unlisted Share
Overview of GKN Driveline Unlisted Share
GKN Driveline (India) Limited was incorporated as Private Limited on July 25, 1985. GKN Driveline (India) limited parent group company is GKN Plc. GKN Plc is the leading automotive driveline technology and systems engineer. GKN Plc is a global partner to the automotive industry. GKN Driveline International holds 97.013% shares in the company.
More than 50% of the 80 million new cars sold every year contain GKN Automotive technology. GKN has a global network of 54 production facilities in 23 countries that supply over 90% of the world’s car manufacturers.
GKN Driveline (India) has a technical collaboration with GKN Driveline International , Germany, the Company draws various state of the art technologies from GKN. The Group is primarily in the business of manufacturing and sale of driveshafts to original equipment manufacturers in the automobile industry.
GKN Driveline (India) Limited has five manufacturing plants. Two plants are in Haryana, one in Maharashtra, one in Tamil Nadu, and one in Gujarat.
Products
SIDESHAFTS: The sideshaft provides the dynamic connection between the engine and driven wheels, transmitting power and allowing steering angles whilst accommodating suspension movements and isolating vibrations. It has a critical impact on a vehicle’s performance, efficiency, handling and comfort.
CONSTANT VELOCITY JOINTS: A constant velocity joint is a mechanical coupling in which the rotational speed of the output shaft is the same as that of the input shaft whatever the operating angle of the joint.
PROPSHAFTS: The propeller shaft is a very important component for rear-wheel drive and all-wheel drive. It transmits the torque from the engine/gearbox unit to the axle differential. In some cases, long distances have to be bridged between the units.
DRIVESHAFT BOOTS: Sealing systems, or boots, are required to keep the lubricant inside the joint and to prevent dirt and moisture or any other contaminating substance from getting into the joint.
SUSPENSION SPRINGS: Suspension springs play a crucial role in the car's suspension system. They compress themselves to absorb the shock caused by bumps in the roads while driving.
Clientele
Insights of GKN Driveline Unlisted Share
Financial Insights:
- GKN Driveline (India) Ltd. showed solid revenue growth in FY23-24, with revenue excluding other income increasing by 6.83%, from ₹984.55 Cr in FY22-23 to ₹1051.83 Cr in FY23-24.
- The company’s net profit after tax from operations rose by an impressive 11.05%, increasing from ₹77.32 Cr in FY22-23 to ₹85.87 Cr in FY23-24. This shows that GKN Driveline has effectively managed its costs, contributing to a healthier bottom line.
- A significant improvement can be observed in the company’s cash and cash equivalents, which surged by 213.89%. The cash balance increased from ₹352.52 Cr in FY22-23 to ₹1106.54 Cr in FY23-24. This indicates that the company has strengthened its liquidity position, potentially giving it more flexibility for future investments, debt reduction, or shareholder returns
Dividend Payout
Year | Dividend Per Share |
FY 23 - 24 | ₹64 |
FY 22 - 23 | ₹69 |
FY 21 - 22 | ₹62 |
FY 20 - 21 | ₹62 |
GKN Driveline (India) Ltd. declared an interim dividend of ₹64 per share for FY23-24, slightly lower than the ₹69 per share declared in FY22-23
In the recent financial years, the company has been paying its shareholders in the form of dividend every year consistently. This is a way of giving back the profit accumulated over all those years back to its rightful owners.
Industry Outlook
- The Indian automobile industry is expected to register a CAGR of around 8-10% during the period 2023-2028. This translates to a market size of approximately USD 300 billion by 2028
- The Indian electric vehicle market is projected to grow at a much faster pace than the overall automobile industry, with a CAGR of 35-40% over the next five years. This growth is driven by government incentives, rising fuel prices, and increasing awareness about environmental sustainability.
- The growth of the Indian automobile industry will lead to a corresponding increase in demand for auto components, including driveshafts manufactured by companies like GKN Driveline India.
- A report by ACMA (Automotive Component Manufacturers Association of India) estimates that the Indian auto component industry will grow at a CAGR of 9-11% by 2026.
Financial Charts of GKN Driveline Unlisted Share
Balance Sheet of GKN Driveline Unlisted Share
Profit and Loss of GKN Driveline Unlisted Share
Ancillary of GKN Driveline Unlisted Share
Ratio Analysis
Peers
Industry Benchmarking
Segment Revenue
Subsidaries
Security Allotment
Corporate Governance
Team Management Details
FAQs of GKN Driveline Unlisted Share
-
How to buy GKN Driveline Ltd?
Below are three ways through which you can purchase GKN Driveline Ltd:
- We at Altius Investech have many actively traded scripts and are market makers of unlisted shares. To check out all the unlisted shares traded. (Click on link). To submit a request to buy GKN Driveline Ltd, please click on the trade button at the top of this page
- Additionally, you can download our app from your play store or app store, register on our application, and engage in active trading there.
Download the Altius App here https://onelink.to/hf4m72 - You can also reach out to us at : +91 8240614850 / +91 8240861716
-
How to sell GKN Driveline Ltd?
Below are three ways through which you can sell GKN Driveline Ltd:
- We at Altius Investech have many actively traded scripts and are market makers of unlisted shares. To check out all the unlisted shares traded. (Click on link). To submit a request to sell GKN Driveline Ltd, please click on the trade button at the top of this page
- Additionally, you can download our app from your play store or app store, register on our application, and engage in active trading there.
Download the Altius App here https://onelink.to/hf4m72 - You can also reach out to us at : +91 8240614850 / +91 8240861716
-
What is the price of GKN Driveline Ltd?
We provide a two way quote on all the shares we deal in. Your buy price for GKN Driveline Ltd is ₹1899 and your sell price for GKN Driveline Ltd is ₹1550. The price is based on our estimates and market conditions.
-
What is the lock-in period of GKN Driveline Ltd?
The lock-in period for GKN Driveline Ltd varies depending on the category of investors:
- For retail Investors, HNIs, or Body Corporates, the lock-in period is 6 months from the date of the listing of GKN Driveline Ltd
- For Venture Capital Funds or Foreign Venture Capital Investors, there is a lock-in period of 6 months from the date of acquisition of GKN Driveline Ltd
- For AIF-II (Alternative Investment Funds - Category II), there is no lock-in period
August 2021 saw the introduction of this regulation by SEBI. The purpose of the regulation change, which lowered the lock-in period from a year to six months, was to incentivize additional investments in firms getting ready for initial public offerings, or IPOs. Since its introduction, a number of Portfolio Management Services (PMS) have advised their clients to purchase Pre-IPO shares in order to take advantage of the advantages associated with early-stage investments. This reduction in the lock-in period is considered as a significant step forward.
-
How is the GKN Driveline Ltd price calculated?
Fundamental & Comparative valuation models and the forces of demand and supply in the market for unlisted shares dictate the price. These prices are based on our estimates and transaction history of GKN Driveline Ltd. The price is also determined from the most recent funding round for GKN Driveline Ltd. This provides us with a benchmark valuation, offering a clear indication of the company's current market value as perceived by investors and industry experts.
-
What are the lot sizes of GKN Driveline Ltd?
We can generally arrange lot sizes starting with an investment of INR 20,000. To confirm the lot sizes of GKN Driveline Ltd with us kindly click here.
-
What are the financials of GKN Driveline Ltd?
The financials of GKN Driveline Ltd which includes the P/L of GKN Driveline Ltd and the Balance Sheet of GKN Driveline Ltd is in the financials section (Click on link).
-
Where can I find the annual report of GKN Driveline Ltd?
The annual report of GKN Driveline Ltd is available in the annual report section (Click on link).
-
Is buying GKN Driveline Ltd legal in India?
Yes, buying and selling unlisted shares in India is indeed 100% legal. This activity is regulated and governed under the guidelines provided by the Securities and Exchange Board of India (SEBI). Investors and traders must adhere to these regulations and guidelines to ensure compliance with legal and financial standards. It's important for participants in the unlisted share market to be aware of and understand these regulations to engage in transactions legally and securely.
-
Short-term Capital Gain taxes to be paid on GKN Driveline Ltd?
When you sell unlisted shares within a period of two years from the date of acquisition, any profit earned from the sale is classified as Short-term Capital Gain (STCG). This gain is then added to your total income for that financial year. The tax on this short-term capital gain is calculated based on your applicable individual income tax slab rates. Therefore, the rate at which you will pay tax on the STCG from unlisted shares depends on your total income, including this gain, and the tax slab it falls under as per the prevailing income tax laws in India. It's important for investors to consider these tax implications when engaging in transactions involving unlisted shares.
-
Long-term Capital Gain taxes to be paid on GKN Driveline Ltd and how are They Taxed?
Long-term Capital Gains (LTCG) on unlisted shares in India refer to the profits earned from the sale of unlisted shares that have been held for more than two years. The key aspects of LTCG on unlisted shares include:
- Tax Rate: LTCG on unlisted shares is taxed at a rate of 20%.
- Indexation Benefit: This is a significant advantage for investors. Indexation allows for adjusting the purchase price of the shares for inflation, which can reduce the taxable gain.
- Importance for Investors: Understanding LTCG is crucial, especially for High Net-worth Individuals (HNIs) and retail investors, as it impacts their investment strategy and tax planning. Knowing these details helps in making informed investment decisions.
- Calculation: LTCG is calculated by subtracting the indexed cost of acquisition (the purchase price adjusted for inflation) from the sale price of the shares. The profit thus calculated is subject to a 20% tax.
- Applicability: LTCG tax is applicable to profits from the sale of unlisted shares held for more than two years.
- Relevance: This tax is particularly relevant to investors in the unlisted share market, including those considering selling their holdings after a period of more than two years.
-
Applicability of Taxes on GKN Driveline Ltd once it is listed?
When shares initially bought in the unlisted market become listed, the taxation rules change significantly if these shares are sold through a stock exchange. Here's what investors need to know:
Transition to Listed Market Tax Rates: Once unlisted shares are listed on the stock exchange and subsequently sold, the tax rates applicable to listed securities come into effect. This shift means that the favourable tax treatments for listed shares, as per the prevailing tax laws, will apply.
Taxation Based on Holding Period: The crucial factor in determining the type of capital gains tax (Long-term or Short-term) is the holding period of the shares. Importantly, this period is calculated from the original purchase date when the shares were unlisted.
Long-term vs. Short-term Capital Gains: If the shares are sold after being held for more than one year from the date of purchase (including the period when they were unlisted), they are subject to Long-term Capital Gains (LTCG) tax.
Conversely, if sold within one-year, Short-term Capital Gains (STCG) tax rates apply.
Significance for Investors: This information is vital for investors in the unlisted market, as it impacts their tax planning and decision-making process. Understanding these nuances ensures that investors can strategically plan the sale of their shares post-listing to optimize tax implications.
Advice for Investors: It's advisable for investors to keep a record of their purchase dates and monitor the listing dates closely. Additionally, staying updated with the latest tax regulations or consulting with a financial advisor is recommended for accurate tax calculations and compliance. -
How does Altius Investech source GKN Driveline Ltd?
At Altius Investech, our approach to sourcing Boat Unlisted Share (Imagine Marketing) involves a strategic and direct method. Primarily, we acquire these shares from the below key groups:
Employees of the Company: Employee stock option plans (ESOPs) or other compensation packages frequently include shares for firm employees. For a various reasons, such as including portfolio diversification or financial considerations, some of these employees may eventually choose to sell their shares. We engage with these employees, providing them a platform to sell their shares.
Initial Investors: These are the angel or early-stage investors who provided capital to the business in its early stages. These original investors may look to sell all or part of their ownership position in the company as it develops and flourishes. This might be done for various reasons such as in order to maximise their investment, reallocate resources, or make other calculated financial decisions.
Funding rounds and VC funds: Altius Investech sources the shares from private placement rounds in which private companies seek to obtain capital from the market. Through our platform, venture capital funds can liquidate their shares and we receive the inventory from them when they decide to sell a portion of their ownership through block trades.
By establishing connections with these groups, Altius Investech guarantees our clients a steady and dependable supply of Boat Unlisted Share (Imagine Marketing). This process not only makes it easier for employees and initial investors in liquidating their assets, but it also gives our clients access to shares that aren't often found on the open market. Our platform effectively facilitates a win-win situation for both buyers and sellers. -
How to trust Altius Investech before buying GKN Driveline Ltd from its platform?
Altius Investech stands at being India's fastest growing and leading marketplace for buying and selling unlisted shares. We believe in enabling access to alternative sources of investments at lower entry barriers to private equity investments.
With more than 25 years of experience, Altius Investech has carved a niche in the financial market by serving more than 8000 clients. The incredible journey is further highlighted by the vast number of transactions that Altius Investech has facilitated transactions that have already exceeded 300 crores.
For investors Altius Investech curates investment opportunities in companies at reasonable valuations which are on the verge of an IPO leading to massive value unlocking. Investments are backed by thorough research and sound investment thesis, with a time bound exit plan.
For ESOP Shareholder and existing Investors, we assist them to liquidate their shares even if they are not publicly traded by creating a platform where we find the right buyers and sellers for the best prices.
Altius Investech have been featured in top media news outlets like Economic Times, Financial Express, Money control. Check out about us on these - leading publications (Click on link) Our journey over these years has not just been about numbers; it's been about building trust and reliability.
We at Altius Investech are dedicated to upholding the greatest levels of ethics and transparency, making sure that your investment experience is not only profitable but also safe and reliable.
Press of GKN Driveline Unlisted Share
Featured Blogs of GKN Driveline Unlisted Share
Annual Report of GKN Driveline Unlisted Share
Company Information of GKN Driveline Unlisted Share
Featured Companies
Stay Connected.
Registered Address
73A, GC Avenue, Kolkata -13Corporate Address
Y-19, 90 DEGREES Magnus, EP Block,Sec V, Kolkata 700091Chennai Office
19/10, Guru Vappa Chetty Street, Chintadripet, Chennai - 600002
Dubai Office
2701, Executive Tower G, Business Bay, Dubai, UAE
Andhra Pradesh & Telangana Office
54-19-25/1, Flat no.101, Sai Residency, Nelson Mandela Park Road, LIC Colony, Vijayawada (Urban), Andhra Pradesh - 520008Altius Investech