Saraf and Partners is advising Motilal Oswal Investment Advisors Limited; IIFL Capital Services Limited (formerly known as IIFL Securities Limited) and JM Financial Ltd in relation to the proposed initial public offering of equity shares of GNG Electronics Limited (IPO) comprising of fresh issue of up to ₹ 8,250 million and offer for sale upto 9,700,000 equity shares by promoters. GNG Electronics Limited has filed its draft red herring prospectus with SEBI on December 14, 2024.

Saraf and Partners’ transaction team was led by Partner, Mathew Thomas.

 

 

Source: Saraf & Partners’ LinkedIn Page