IPO Details

GNG Electronics Ltd
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
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
()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
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
Sharad Khandwal
Vidhi Sharad Khandwal
Kay Kay Overseas Corporation
Listing At
BSE
NSE
Registrar to the Issue
Attention Investor
Prevent Unauthorised Transactions in your Trading / Demat account ==> Update your Mobile Number with your Depository Participant