GNG Electronics

GNG Electronics Limited - IPO

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GNG Electronics IPO Details

Open Date
-
Close Date
-
Listing Date
-
Issue Price
₹0 - ₹0
Face Value
₹2 per share
Lot Size
0
GMP
₹0
Issue Type
IPO
Listing On
NSE, BSE
Type
Book Built Issue
Share holding pre issue
97133880
Share holding post issue
-
Total Issue Size
-
Fresh Issue
-
Offer for Sale
51,00,000 shares (aggregating up to ₹0.00 Cr)
DRHP Status
SEBI Approval Received

GNG Electronics IPO Lot Size

ApplicationLotsSharesAmount
To be announced

GNG Electronics IPO Reservation

Promoter Holding

Pre Issue:95.01%
Post Issue:-
Promoter Names:
Sharad Khandelwal, Vidhi Sharad Khandelwal, Amiable Electronics Private Limited, Kay Kay Overseas Corporation

Documents

GNG Electronics IPO Valuations

ROE:31.96
ROCE:16.72%
DEBT/EQUITY:1.95
RONW:31.96%
PAT MARGIN:4.60%

GNG Electronics Limited Financial Information

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets741.24585.82285.50194.71
Revenue612.971,143.80662.79521.92
Profit After Tax35.2152.3132.4321.77
EBITDA63.3784.9050.0434.67
Net Worth197.61163.14111.6079.36
Reserves and Surplus197.57163.10111.5679.32
Total Borrowing408.62309.63100.6257.20
Amount in ₹ Crore

About GNG Electronics IPO

Incorporated in 2006, GNG Electronics Limited offers refurbishing services for laptops, desktops and ICT Devices, both globally and in India. The company has a significant presence across India, USA, Europe, Africa and UAE.

The company operate under the brand “Electronics Bazaar”, offering sourcing to refurbishment to sales to after– sale services and providing warranty.

The company offers other value–added services such as ITAD and e – waste management services, warranties, doorstep service, on-site installation, flexible pay options, easy upgrades, assured buyback programmes and buyback programmes for refurbished ICT Devices.

GNG Electronics provides tailored buyback solutions for laptops and desktops to help large format retail stores such as Vijay Sales (India) Private Limited (“Vijay Sales”) and OEM brand stores such as HP India Sales Private Limited (“HP”) and Lenovo Global Technology (India) Private Limited (“Lenovo”) to run efficient, customer–friendly buyback programs facilitating sale of new devices.

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

Strength Of GNG Electronics IPO

To be announced

Risk Of GNG Electronics IPO

To be announced

Objectives GNG Electronics IPO

  1. 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.
  2. Funding the working capital requirements of the Company.
  3. General corporate purposes.

Company Contact Details

GNG Electronics Limited
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

Name: Bigshare Services Pvt Ltd
Phone: +91-22-62638200

Lead Mangers

  1. Motilal Oswal Investment Advisors Limited

  2. IIFL Capital Services Limited

  3. Jm Financial Limited

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