GNG Electronics

GNG Electronics, a growing player in India’s electronic manufacturing sector, has announced the price band for its upcoming initial public offering (IPO) at Rs. 225 to Rs. 237 per share. The public issue, aimed at raising fresh capital for expansion and working capital requirements, has drawn attention from both institutional and retail investors ahead of its opening. The IPO reflects the broader momentum within the electronics and components industry, as India continues to push for greater domestic manufacturing under the “Make in India” and Production Linked Incentive (PLI) frameworks.

Three companies—GNG Electronics (parent of Electronics Bazaar), logistics firm Glottis, and pharmaceutical manufacturer Amanta Healthcare—have received regulatory approval from the Securities and Exchange Board of India (SEBI) to proceed with their initial public offerings (IPOs). These approvals, issued between June 16 and 20, clear the path for each firm to tap public capital markets with unique offerings tailored to their industry needs.