PG Electroplast Stake Sale: Promoters to Sell ₹1,177 Crore Stake via Block Deal at ₹740 Per Share

Promoters of PG Electroplast Ltd, a key player in India’s electronics manufacturing sector, are set to divest a 5.62% stake through a ₹1,177 crore block deal. The move is expected to improve liquidity and expand institutional participation, marking a significant strategic development for the fast-growing company. 

Promoters Set to Offload 5.62% Stake at ₹740 Per Share 

The block deal, scheduled for May 27, involves the sale of 1.59 crore shares at a floor price of ₹740—lower than the stock’s May 26 closing price of ₹773.95 on the NSE. JM Financial is managing the transaction, which will also place a 180-day lock-in on the remaining promoter stake of 49.37%. 

Strategic Move to Broaden Institutional Ownership 

The stake sale comes shortly after PG Electroplast’s inclusion in the NSE’s Futures and Options (F&O) segment, reflecting its growing relevance in the market. The transaction is intended to diversify the shareholder base and further institutional interest. 

Financial Performance in FY25 

In the March quarter, the company posted a 108.81% YoY increase in net profit to ₹145.23 crore and a 77.4% rise in revenue to ₹1,909.86 crore. For FY25, net profit doubled to ₹287.80 crore, with revenues reaching ₹4,869.53 crore—up 77.3% from the previous year. 

PG Electroplast’s Share Price 

On May 27, 2025, shares of PG Electroplast (NSE: PGEL) opened at ₹760, lower than its previous close at ₹771.55. At 2.34 PM, the share price of PG Electroplast was trading at ₹768, down by 0.46% on the NSE. 

Capex Plans for FY26 

Looking ahead, the company has announced a capital expenditure plan of ₹800–900 crore in FY26 to boost production capacity and meet rising demand in the electronics manufacturing space. 

Also Read: Sagility India OFS: Promoter to Divest ~15.02% Stake to Non-Retail Investors. 

Conclusion 

With a solid financial performance and strategic expansion plans in place, PG Electroplast’s partial stake sale signals confidence in its long-term outlook. The upcoming block deal is not just a liquidity event—it reflects growing institutional interest in a company positioned at the heart of India's EMS growth story. 

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