Is GNG Electronics' IPO a risky bet for investors amid rising working capital needs?
- Posted on July 22, 2025
- By Business News Today
- 2 Views
Is GNG Electronics' IPO a risky bet for investors amid rising working capital needs?
GNG Electronics, India's largest refurbisher of laptops and desktops, plans to raise ₹400 crore through a fresh issue and ₹60 crore through an offer for sale. The company's revenue and net profit have more than doubled in the last two fiscal years, driven by strong growth in overseas markets.
