
GNG Electronics Limited - IPO
MAINBOARDGNG Electronics IPO Details
GNG Electronics IPO Lot Size
Application | Lots | Shares | Amount |
---|---|---|---|
To be announced |
GNG Electronics IPO Reservation
Promoter Holding
Documents
GNG Electronics IPO Valuations
GNG Electronics Limited Financial Information
Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
Assets | 741.24 | 585.82 | 285.50 | 194.71 |
Revenue | 612.97 | 1,143.80 | 662.79 | 521.92 |
Profit After Tax | 35.21 | 52.31 | 32.43 | 21.77 |
EBITDA | 63.37 | 84.90 | 50.04 | 34.67 |
Net Worth | 197.61 | 163.14 | 111.60 | 79.36 |
Reserves and Surplus | 197.57 | 163.10 | 111.56 | 79.32 |
Total Borrowing | 408.62 | 309.63 | 100.62 | 57.20 |
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
Risk Of GNG Electronics IPO
Objectives GNG Electronics IPO
- 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.
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
Lead Mangers
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