| Initial public offering of up to [*] equity shares of face value of Rs.2 each ("Equity Shares") of GNG Electronics Limited ("Company" or "Issuer") for cash at a price of Rs.[*] per equity share (including a share premium of Rs.[*] per equity share) ("Offer Price") aggregating up to Rs. [*] crores (the "Offer") comprising of a fresh issue of up to [*] equity shares of face value of Rs.2 each aggregating up to Rs.400.00 crores ("Fresh Issue") and an offer for sale of up to 2,550,000 equity shares of face value of Rs.2 each ("Offered Shares") aggregating up to Rs. [*] crores comprising up to 35,000 equity shares of face value of Rs.2 each by Sharad Khandelwal aggregating up to Rs.[*] crores, up to 35,000 equity shares of face value of Rs.2 each by Vidhi Sharad Khandelwal aggregating up to Rs. [*] crores and up to 2,480,000 equity shares of face value of Rs.2 each by Amiable Elctronics Private Limited aggregating up to Rs. [*] crores (collectively, "Selling Shareholders" and such offer for sale of equity shares by the selling shareholders, the "Offer for Sale"). The offer shall constitute [*]% of the post-offer paid up equity share capital of the company.
Price Band:Rs. 225 to Rs. 237 per equity share of the face value of Rs.2 each.
The floor price is 112.5 times of the face value the cap price is 118.5 times of the face value.
Bids can be made for a minimum of 63 equity shares and in multiples of 63 equity shares thereafter. |