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The sale is being proposed in order to enhance liquidity and broaden institutional participation in the company, which has a market capitalisation of ₹21,930 crore on the exchanges.
Being an Electronics Manufacturing Services (EMS) company, PG Electroplast is seeing strong demand for air conditioners prior to the summer season
On the operating level, EBITDA in Q3 FY25 grew by 102.9% YoY to ₹85.2 crore. EBITDA margin increased to 8.8%, compared to 7.9% in Q3 FY24
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