GNG Electronics IPO Subscribed 147.93 Times On Day 3

GNG Electronics IPO Subscribed 147.93 Times On Day 3

GNG Electronics Ltd.'s initial public offering was subscribed 147.93 times on its third day of subscription on Friday. The company was looking to raise up to Rs 460 crore.The company, which operates under the brand Electronics Bazaar, offered shares in the range of Rs 225-237 apiece. The IPO consisted of a fresh issue of shares worth Rs 400 crore and an offer for sale of up to 25.5 lakh shares amounting to Rs 60 crore. The market value of GNG El…

GNG Electronics IPO subscribed nearly 27x on day 2: GMP rises to 42% - GAGA INDIA

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Day 2 of offer: GNG Electronics IPO gets subscribed 26.90 times

New Delhi, Jul 24 (PTI) The initial public offer of GNG Electronics Ltd received 26.90 times subscription on the second day of share sale on Thursday. The three-day IPO got bids for 38,16,47,826 shares against 1,41,88,644 shares on offer, according to data available with the NSE. The non-institutional investors part fetched 68.57 times subscription, while the quota for retail individual investors (RIIs) garnered 23.01 times subscription. The por…