Introduction to GNG Electronics’ IPO plans
GNG Electronics, a major player in India’s ICT (Information and Communication Technology) refurbishment industry, is preparing to raise ₹825 crore through its initial public offering (IPO). The company filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) on December 14, 2024. This is a significant step towards capital…