IPO IPO-Synopsis
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
Initial public offering of up to 19427637 equity shares of face value of Rs2 each ("Equity Shares") of GNG Electronics Limited ("Company" or "Issuer") for cash at a price of Rs237 per equity share (including a share premium of Rs235 per equity share) ("Offer Price") aggregating up to Rs460.44 crores (the "Offer") comprising of a fresh issue of up to 16,877,637 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 Rs60.44 crores comprising up to 35,000 equity shares of face value of Rs2 each by Sharad Khandelwal aggregating up to Rs0.83 crores, up to 35,000 equity shares of face value of Rs2 each by Vidhi Sharad Khandelwal aggregating up to Rs0.83 crores and up to 2,480,000 equity shares of face value of Rs2 each by Amiable Elctronics Private Limited aggregating up to Rs58.78 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.

Issue Money Payable On
Opens On Closes On Application Allotment
23-Jul-25 25-Jul-25 Rs237.00-0.00 Rs0.00-0.00
Minimum Application for shares in Nos :63  Further Multiples of :63

  Rs Cr Lead Managers to the Issue
Project Cost 0.00
IIFL Capital Services Ltd
Project Financed through Current Offer 460.44  
Post Issue Equity Share Capital 22.80  
Issue Price Rs237.00  
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 FZCGeneral corporate purposes
Promoted By
Sharad Khandwal
Vidhi Sharad Khandwal
Kay Kay Overseas Corporation
Listing At
BSE 
NSE 
Registrar to the Issue
Bigshare Services Pvt Ltd