GNG Electronics Lists with 48% Premium

  Published 8 months ago

GNG Electronics debuted at Rs 350, up 47.68% from the IPO price, backed by strong demand and robust global operations.

  • IPO subscribed 147.93 times; raised Rs 400 crore via fresh issue and offer for sale components.
  • Proceeds to repay Rs 320 crore in borrowings; balance allocated to general corporate purposes.
  • Provides IT refurbishing services in 38 countries; FY25 profit at Rs 68.83 crore on Rs 1,411.11 crore sales.

You might like these

Den Network Q1 Profit Rises 17%

Russian Standard Vodka Enters India with Premium Variants

Hawkins Cookers: Key Facts

Bandhan Bank Q1 Profit Slumps 65%

Just Dial Q2 FY26 Results Snapshot

Muted Start Likely as FPIs Extend Selloff

Bhagyanagar India Soars on Q1 Profit

News that matters the most ⚡