IPO
Explore our secure online trading, IPO bidding, mutual fund investments, and depository services, all designed to provide seamless transactions, expert insights, and real-time market access for smart investing
GNG Electronics Ltd
GNG Electronics Ltd
Registered Office : Unit No 415 Hubtown Solaris,N S Phadke Marg Andheri (East),Mumbai Maharashtra 400069 Phone : +91 22 3123 6588
Fax :
Email : compliance@electronicsbazaar.com
Website : www.electronicsbazaar.com
Initial public offering of 19,427,63 equity shares of face value of Rs.2 each ("Equity Shares") of GNG Electronics Limited ("Company" or "Issuer") for cash at a price of Rs. 237 per equity share (including a share premium of Rs. 235 per equity share) ("Offer Price") aggregating to Rs. 460.44 crores (the "Offer") comprising of a fresh issue of 16,877,637 equity shares of face value of Rs.2 each aggregating to Rs. 400.00 crores* ("Fresh Issue") and an offer for sale of 2,550,000 equity shares of face value of Rs.2 each ("Offered Shares") aggregating to Rs. 60.44 crores comprising 35,000 equity shares of face value of Rs.2 each by Sharad Khandelwal aggregating to Rs.0.83 crores, 35,000 equity shares of face value of Rs.2 each by Vidhi Sharad Khandelwal aggregating to Rs.0.83 crores and 2,480,000 equity shares of face value of Rs.2 each by Amiable Elctronics Private Limited aggregating to Rs. 58.78 crores (collectively, "Selling Shareholders" and such offer for sale of equity shares by the selling shareholders, the "Offer for Sale"). The offer constitutes 17.04% of the post-offer paid up equity share capital of the company.
Opens On
Closes On
23-Jul-2025
25-Jul-2025
Application
Allotment
237.00
0.00
Minimum Application for shares in Nos : 63.0 Further Multiples of : 63.0
₹Cr
Lead Managers to the Issue
Project Cost (₹.Cr)
Project Financed through Current Offer (₹.Cr)
Post Issue Equity Share Capital (₹.Cr)
Issue Price (₹.Cr)
366.42
460.44
22.80
237.00
IIFL Capital Services Ltd
JM Financial Ltd
Motilal Oswal Investment Advisors Ltd
- Prepayment and/or repayment in full or in part of all or a portion of certain outstanding borrowings availed by the company and its material subsidiary namely Electronics Bazaar FZC
- General corporate purposes
- Sharad Khandwal
- Vidhi Sharad Khandwal
- Kay Kay Overseas Corporation
- BSE
- NSE
- Bigshare Services Pvt Ltd