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Gabriel India gets nod to raise Rs 1000 crore via NCDs

24 Aug 2026 Evaluate

Gabriel India has received in-principal approval for raising funds not exceeding Rs 1000 crore through issuance of senior, unsecured, rated, listed, redeemable, non-convertible debentures (NCDs) on a private placement basis. The said NCDs are proposed to be listed on BSE. The board of directors of the company, in its meeting held on August 24, 2026 has approved the same. 

Gabriel India is a producer and supplier of high-quality Ride Control Products for the Indian Automotive Industry participating in all segments i.e. Passenger Cars, Utility Vehicles, Commercial Vehicles and Two Wheelers.


Peers
Company Name CMP
SamvardhanaMotherson 162.30
Tube Investments 2580.15
Bosch 47600.00
UNO Minda 1231.80
Bombay Burmah Trdg. 1484.65
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