Registered Office:
Unit No 415 Hubtown Solaris,N S Phadke Marg Andheri (East),
Mumbai
-
400069,
Phone : +91 22 3123 6588
Fax : NA
Initial public offering of up to [*] 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)[*] 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 (Rs)2 each aggregating up to (Rs)400.00 crores ("Fresh Issue") and an offer for sale of up to 2,550,000 equity shares of face value of (Rs)2 each ("Offered Shares") aggregating up to (Rs) [*] crores comprising up to 35,000 equity shares of face value of (Rs)2 each by Sharad Khandelwal aggregating up to (Rs)[*] crores, up to 35,000 equity shares of face value of (Rs)2 each by Vidhi Sharad Khandelwal aggregating up to (Rs) [*] crores and up to 2,480,000 equity shares of face value of (Rs)2 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:(Rs) 225 to (Rs) 237 per equity share of the face value of (Rs)2 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.
Opens On
Closes On
Application
Allotment
23-Jul-25
25-Jul-25
225.00-237.00
0.00-0.00
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
457.38
Post Issue Equity Share Capital
22.80