{"id":51316,"date":"2025-08-20T09:17:34","date_gmt":"2025-08-20T09:17:34","guid":{"rendered":"https:\/\/my.legal500.com\/developments\/?post_type=press_releases&#038;p=51316"},"modified":"2025-08-20T09:17:34","modified_gmt":"2025-08-20T09:17:34","slug":"saraf-and-partners-act-on-electronics-bazaar-%e2%82%b9460-crore-ipo","status":"publish","type":"press_releases","link":"https:\/\/my.legal500.com\/developments\/press-releases\/saraf-and-partners-act-on-electronics-bazaar-%e2%82%b9460-crore-ipo\/","title":{"rendered":"Saraf and Partners act on Electronics Bazaar ~\u20b9460 crore IPO"},"content":{"rendered":"<p><strong>GNG Electronics Limited (\u201cGNG\u201d) has made an initial public offering of equity shares aggregating to \u20b9460.435 crore. Saraf and Partners\u00a0advised the book running lead managers Motilal Oswal Investment Advisors Limited, IIFL Capital Services Limited and JM Financial Limited on this IPO.<\/strong><\/p>\n<p><!--more--><\/p>\n<p>GNG operates under the brand \u201cElectronics Bazaar\u201d and is India\u2019s largest refurbisher of laptops and desktops and among the largest refurbishers of information and communication technology devices overall, both globally and in India, with significant presence across India, USA, Europe, Africa and UAE, with presence across the full refurbishment value chain <em>i.e.<\/em>, from sourcing to refurbishment to sales, to after \u2013 sale services and providing warranty.<\/p>\n<p>The transaction team was led by<strong>\u00a0Mathew Thomas<\/strong>\u00a0(Partner).<\/p>\n<p><strong>Crawford Bayley &amp; Co<\/strong>\u00a0served as the counsel of the Selling Shareholders on this IPO.<\/p>\n<p>For more information, please contact:<\/p>\n<p><strong>Sanya Sud <\/strong><\/p>\n<p>Corporate Communications Executive<\/p>\n<p>Saraf and Partners<\/p>\n<p>E: <a href=\"mailto:Sanya.corpcom@sarafpartners.com\">Sanya.corpcom@sarafpartners.com<\/a><\/p>\n","protected":false},"featured_media":0,"template":"","class_list":["post-51316","press_releases","type-press_releases","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/press_releases\/51316","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/press_releases"}],"about":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/types\/press_releases"}],"wp:attachment":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/media?parent=51316"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}