GNG Electronics Limited IPO

Mainboard

Offer Date: TBA - TBA

₹ NaN /N/A Shares

GNG Electronics IPO Details

TBA

Open Date

TBA

Close Date

TBA

Allotment Date

TBA

Listing Date

Issue Price

₹N/A per equity share

Face Value

₹2 Per Equity Share

Listing at Group

BSE, NSE

Registrar

Bigshare Services Pvt Ltd

Market Lot

N/A Shares (₹N/A/-)

Lead Manager

Motilal Oswal Investment Advisors Limited
IIFL Capital Services Limited
Jm Financial Limited

Issue Size

N/A

Retail Portion

35%

Subscription

N/A times

IPO Docs

DRHP

GNG Electronics IPO Details

The IPO of GNG Electronics is priced at ₹N/A per equity share, which has a face value of ₹2 Per Equity Share each, IPO bidding starts from TBA and ends on TBA. The allotment for GNG Electronics IPO will be finalized on TBA. GNG Electronics IPO will be listed on BSE, NSE, with a tentative listing date fixed as TBA. The company shall list its equity shares on the BSE, NSE. Bigshare Services Pvt Ltd is the registrar of the issue.

The book-running lead manager for the IPO is/are Motilal Oswal Investment Advisors Limited , IIFL Capital Services Limited , Jm Financial Limited.

The GNG Electronics IPO sets its price band at N/A for each share. A single application for GNG Electronics Limited IPO must contain at least N/A shares.

GNG Electronics Valuations

EPS Pre IPO

₹/-

EPS Post IPO

₹/-

P/E Pre IPO

P/E Post IPO

ROE

ROCE

Debt/Equity

RoNW

PAT Margin

Price to Book Value

GNG Electronics Company Financials All values are in ₹ Cr.

	31-Mar-24	31-Mar-23	31-Mar-22
Assets	585.82	285.50	194.71
Revenue	1,143.80	662.79	521.92
Profit After Tax	52.31	32.43	21.77
Net Worth	163.14	111.60	79.36
Reserves & Surplus	163.10	111.56	79.32
Total Borrowing	309.63	100.62	57.20

About The Company

Established in 2006, GNG Electronics Limited provides laptop, desktop and ICT Device refurbishing services both internationally and in India. They have a strong presence within India, USA, Europe, Africa and UAE.

They work under the brand name 'Electronics Bazaar' providing sourcing to refurbishment to sale to after– sale service and guaranteeing.

The organization provides other value–added services including ITAD and e – waste management services, warranties, doorstep service, on-site installation, convenient payment options, simple upgrades, guaranteed buyback programmes and buyback programmes for refurbished ICT Devices.

GNG Electronics offers customized buyback programs for desktops and laptops to enable large format retail chains like Vijay Sales (India) Private Limited (Vijay Sales) and OEM brand chains like HP India Sales Private Limited (HP) and Lenovo Global Technology (India) Private Limited (Lenovo) to operate cost-effective, customer-friendly buyback programs enabling sale of new products.

The company have sales network with the refurbished ICT Devices being retailed in 35 countries as of September 30, 2024. GNG Electronics sales network consists of 3,265 touchpoints, in India and international, as of September 30, 2024.

GNG Electronics - Promoter(s)

Pre Issue Share Holding: N/A%

Post Issue Share Holding: N/A%

Company Promoter(s)

Sharad Khandelwal
Vidhi Sharad Khandelwal
Amiable Electronics Private Limited
Kay Kay Overseas Corporation

GNG Electronics IPO - Issue Objectives

Prepayment and/or repayment, in full or in part, of all or a portion of certain outstanding borrowings availed the Company and the Material Subsidiary namely, Electronics Bazaar FZC.
Funding the working capital requirements of the Company.
General corporate purposes.

Other Details

Company Contact Details

GNG Electronics

Unit No. 415, Hubtown Solaris, N.S. Phadke Marg, Andheri (East), Mumbai, Maharashtra, 400069

Phone: +91 22 3123 658

Email: compliance@electronicsbazaar.com

Website: https://www.electronicsbazaar.com/

Registrar Contact Details

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

Email: ipo@bigshareonline.com

Website: https://ipo.bigshareonline.com/ipo_status.html

GNG Electronics IPO - FAQs

Ans. GNG Electronics Limited IPO is a Mainboard IPO. The issue is priced at ₹N/A per equity share. The minimum order quantity is N/A Shares. The IPO opens on TBA, and closes on TBA. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Ans. The GNG Electronics Limited IPO opens on TBA and closes on TBA.

Ans. The size of GNG Electronics Limited IPO is N/A.

Ans. The IPO price band is set between ₹N/A per equity share.

Ans. To apply for GNG Electronics Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find GNG Electronics Limited IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of GNG Electronics Limited IPO is TBA.

Ans. The GNG Electronics Limited IPO will be listed on TBA.

Ans. Follow the steps to check the allotment status for GNG Electronics Limited IPO here.