GNG Electronics Ltd
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Registered Office:
Unit No 415 Hubtown Solaris,N S Phadke Marg Andheri (East)
,
Mumbai
-
400069
,
Maharashtra
, India.
Phone :
+91 22 3123 6588 Fax:
Email : compliance@electronicsbazaar.com
Website : www.electronicsbazaar.com
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Initial public offering of up to [*] equity shares of face value of Rs2 each ("Equity Shares") of GNG Electronics Limited ("Company" or "Issuer") for cash at a price of Rs[*] per equity share (including a share premium of Rs[*] per equity share) ("Offer Price") aggregating up to Rs[*] crores (the "Offer") comprising of a fresh issue of up to [*] equity shares of face value of Rs2 each aggregating up to Rs400.00 crores ("Fresh Issue") and an offer for sale of up to 2,550,000 equity shares of face value of Rs2 each ("Offered Shares") aggregating up to Rs[*] crores comprising up to 35,000 equity shares of face value of Rs2 each by Sharad Khandelwal aggregating up to Rs[*] crores, up to 35,000 equity shares of face value of Rs2 each by Vidhi Sharad Khandelwal aggregating up to Rs[*] crores and up to 2,480,000 equity shares of face value of Rs2 each by Amiable Elctronics Private Limited aggregating up to Rs[*] crores (collectively, "Selling Shareholders" and such offer for sale of equity shares by the selling shareholders, the "Offer for Sale"). The offer shall constitute [*]% of the post-offer paid up equity share capital of the company.
Price Band:Rs225 to Rs237 per equity share of the face value of Rs2 each.
The floor price is 112.5 times of the face value the cap price is 118.5 times of the face value.
Bids can be made for a minimum of 63 equity shares and in multiples of 63 equity shares thereafter.
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Opens On
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Closes On
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Application
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Allotment
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23-Jul-25
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25-Jul-25
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Rs 225.00-237.00
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Rs 0.00-0.00
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Minimum Application for shares in Nos :63 Further
Multiples of :63
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(Rs Cr)
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Lead Managers to the Issue
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Project Cost
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0.00
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IIFL Capital Services Ltd |
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Project Financed through Current Offer
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457.38
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Post Issue Equity Share Capital
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22.80
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Issue Price
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Rs 225.00
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