|
GNG Electronics Ltd
|
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 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 to Rs460.44 crores (the "Offer") comprising of a fresh issue of 16,877,637 equity shares of face value of Rs2 each aggregating to Rs400.00 crores* ("Fresh Issue") and an offer for sale of 2,550,000 equity shares of face value of Rs2 each ("Offered Shares") aggregating to Rs60.44 crores comprising 35,000 equity shares of face value of Rs2 each by Sharad Khandelwal aggregating to Rs0.83 crores, 35,000 equity shares of face value of Rs2 each by Vidhi Sharad Khandelwal aggregating to Rs0.83 crores and 2,480,000 equity shares of face value of Rs2 each by Amiable Elctronics Private Limited aggregating 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 constitutes 17.04% of the post-offer paid up equity share capital of the company.
|
|
|
|
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
|
|
|
|