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GNG Electronics Scales Back IPO to ₹4,000 Crore, OFS Halved to 2.6 Million Shares Ahead of July 23 Launch

Unknown Apr 02, 2026 850 Views
GNG Electronics Scales Back IPO to ₹4,000 Crore, OFS Halved to 2.6 Million Shares Ahead of July 23 Launch
GNG Electronics Ltd has revised its IPO structure, reducing the fresh issue size to ₹4,000 crore from ₹4,500 crore and trimming the Offer for Sale (OFS) to 2.6 million shares from 5.1 million. The recalibration reflects a strategic move to optimize capital raising while maintaining investor inter...

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