GNG Electronics Ltd |
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Registered Office: Unit No 415 Hubtown Solaris, N S Phadke Marg Andheri (East), Mumbai - 400069, Maharashtra |
Phone: +91 22 3123 6588 |
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. |
Issue | Money Payable On | ||
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Opens On | Closes On | Application | Allotment |
23-Jul-2025 | 25-Jul-2025 | ₹ 237.00 | ₹ 0.00 |
Minimum Application for shares in Nos : 63.0 Further Multiples of : 63.0 | ||
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(₹)Cr. | Lead Managers to the Issue | |
Project Cost | 366.42 | IIFL Capital Services Ltd |
Project Financed through Current Offer | 460.44 | |
Post Issue Equity Share Capital | 22.80 | |
Issue Price | ₹237.00 |
Projects |
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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 |
Promoted By |
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Sharad Khandwal |
Vidhi Sharad Khandwal |
Kay Kay Overseas Corporation |
Listing At |
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BSE |
NSE |
Registrar to the Issue |
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