GNG Electronics Ltd IPO |
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 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-25 |
25-Jul-25 |
(Rs)237.00-0.00 |
(Rs)0.00-0.00 |
| Minimum Application for shares in Nos :63 Further Multiples of :63 |
| |
(Rs 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 |
(Rs)237.00 |
|
|