GNG Electronics sets IPO price band at ₹225-237 per share
New Delhi: GNG Electronics, refurbisher of laptops and desktops, on Friday set a price band of ₹225 to ₹237 per share for its upcoming ₹460-crore initial public offering (IPO).
The IPO is scheduled to open for public subscription on July 23 and conclude on July 25. The bidding for anchor investors will open for a day on July 22, the company announced.
At the upper-end of the price band, the company’s market valuation is over ₹2,700 crore.
