initial public offering (IPO)

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…

Shanti Gold International Ltd. raised Rs 108 crore from anchor investors on Thursday ahead of its initial public offering. The company allotted 54.28 lakh shares at Rs 199 apiece to 15 anchor investors. Societe Generale- ODI, Wealthwave Capital Fund, Rajasthan Global Securities Pvt., J4S Venture Fund- I and Shine Star Build Cap. Pvt. got the…