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IPO Synopsis

GNG Electronics Ltd
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.
Issue
Opens On Closes On
23-Jul-25 25-Jul-25
Money Payable On
Application Allotment
225.00 0.00
Minimum Application for shares in Nos : 63 Further Multiples of : 63
(.Cr) Lead Managers to the Issue
Project Cost (.Cr) 0.00 IIFL Capital Services Ltd
Project Financed through Current Offer (.Cr) 457.38  
Post Issue Equity Share Capital (.Cr) 22.80
Issue Price () 225.00
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
Bigshare Services Pvt Ltd
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