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![TheBullCharge Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1889011830191702017.png) Stock Market Insights With The Bull! (India) [@TheBullCharge](/creator/twitter/TheBullCharge) on x 1592 followers
Created: 2025-07-23 02:04:23 UTC

▪   GNG Electronics

Ahead of IPO, GNG Electronics mobilises Rs XXX cr from anchor investors

GNG Electronics, refurbisher of laptops and desktops, on Tuesday raised Rs XXX crore from anchor investors, ahead of the opening of its IPO for public subscription.

Goldman Sachs Fund, Motilal Oswal Mutual Fund, Buoyant Opportunities Strategy, Edelweiss Mutual Fund, and Mirae Asset Mutual Fund have been allotted shares in the anchor round, according to a circular uploaded on BSE's website.

As per the circular, GNG Electronics has allotted 58,28,290 equity shares to XX funds at Rs XXX apiece. This takes the total transaction size to Rs XXXXXX crore.

The Rs 460-crore initial public offering (IPO) will open for subscription on July XX and conclude on July XX. The price band has been set at Rs XXX to XXX per share.

At the upper end of the price band, the company's market valuation is over Rs XXXXX crore.

#GNGElectronics #IPOAlert #IPOs


XXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1947840183749251163/c:line.svg)

**Related Topics**
[$006800ks](/topic/$006800ks)
[mutual fund](/topic/mutual-fund)
[subscription](/topic/subscription)
[rs](/topic/rs)
[ipo](/topic/ipo)
[electronics](/topic/electronics)
[india](/topic/india)
[stocks](/topic/stocks)

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