Pg electroplast block deal: Promoter stakes of the leading electronics manufacturing services (EMS) provider PG Electroplast Ltd are selling. This sale will be through block deal and 5.62% equity i.e. 1.59 crore shares will be sold in it. This is expected to raise the promoters around ₹ 1,177 crore.
The floor price of this deal has been fixed at ₹ 740 per share, which is 4.4% less than the closing price ₹ 773.95 of the stock on 26 May 2025. The block deal will be held on May 27 and after that the remaining stake of promoters will apply 180 days lock-in period. As of March 2025, promoters had 49.37% stake in the company.
This deal will increase the liquidity of PG Electroplast and boost the institutional investment. The company’s market cap is around ₹ 21,930 crore.
PG Electroplast Business
This major PG Group company works in ODM (Original Design Manufacturing), OEM (original Equipment manufacturing), and plastic injection molding. It serves more than 50 Indian and global brands.
The company’s net profit increased by 108.81% to ₹ 145.23 crore in the March 2025 quarter and sales increased by 77.4% to ₹ 1,909.86 crore. In the entire FY25, the company recorded a profit of ₹ 287.80 crore, which is double on an annual basis. Revenue saw 77.3% growth. The major reason for this growth was consumer electronics- such as AC and a strong demand for washing machines.
Share performance and analysts’ opinion
In the last 12 months, the stock of PG Electroplast has gained 209.48% and 955.26% in 3 years, while Nifty 50 has increased by just 53.28%. The opinion of analysts remains positive. It has rated 7 out of 9 Buy or Strong Buy.
Its average target price is ₹ 993.33, showing an upset of 28.3%.
Entry and Future Plan in F&O segment
The PG Electroplast has recently been included in the NSE Futures and Options (F&O) segment, which will be applicable from June 27. Along with this, 360 One Wam, Amber Enterprises India and KFIN Technologies have also joined.
The company is planning a capex of ₹ 800-900 crore in FY26, which will further increase the production capacity.
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