GNG Electronics Ltd. IPO Details – Price, Date, GMP & Analysis
GNG Electronics Ltd. IPO Overview
Key IPO Details
Investment Summary
The GNG Electronics Ltd. IPO IPO is a mainboard offering scheduled to open on July 23. The issue is priced at ₹237 per share, with a minimum application of 63 shares.
Status: Listed and trading
How to Apply for GNG Electronics Ltd. IPO
To apply for the GNG Electronics Ltd. IPO, you need a demat account with any SEBI-registered broker, PAN card, and UPI or bank account for payment.
Application Process
- Log into your broker's platform or app
- Navigate to IPO section and select GNG Electronics Ltd. IPO
- Enter bid quantity (minimum 63 shares)
- Choose cut-off price or enter specific price
- Make payment via UPI or ASBA
- Submit application before July 25
Required Documents
- Active demat account
- PAN card
- Bank account linked to demat
- UPI ID for payment
- Valid mobile number and email
Minimum Investment: ₹14,931(approx. based on lower price band)
Company Overview
GNG Electronics Limited, established in 2006, specializes in refurbishing laptops, desktops, and ICT devices, operating under the brand "Electronics Bazaar." The company provides a range of services including sourcing, refurbishment, sales, after-sale services, warranties, ITAD, and e-waste management. It offers tailored buyback solutions for large retail stores and OEMs, facilitating customer-friendly buyback programs. As of September 30, 2024, GNG Electronics has a sales network of 3,265 touchpoints across 35 countries.
Grey Market Premium (GMP)
IPO Timeline
Refund Process
Tue, Jul 29, 2025
CompletedCredit to Demat
Tue, Jul 29, 2025
CompletedListing Date
Wed, Jul 30, 2025
CompletedSubscription Status
Latest Subscription Data
| Category | Subscription | Status |
|---|---|---|
| QIB (Qualified Institutional Buyers) | 266.21x | Oversubscribed |
| NII (Non-Institutional Investors/HNI) | 226.44x | Oversubscribed |
| RII (Retail Individual Investors) | 47.36x | Oversubscribed |
| Total Subscription | 150.21x | Oversubscribed |
Last updated: Invalid Date
IPO Details
GNG Electronics IPO Details
| IPO Date | July 23, 2025 to July 25, 2025 |
| ₹237 per share | |
| Sale Type | Fresh Capital-cum-Offer for Sale |
| Issue Type | Bookbuilding IPO |
GNG Electronics IPO Reservation
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| QIB Shares Offered | 98,53,045 (50.01%) | NA |
| − Anchor Investor Shares Offered | 58,28,290 (29.58%) | NA |
| − QIB (Ex. Anchor) Shares Offered | 40,24,755 (20.43%) | NA |
| NII (HNI) Shares Offered | 30,49,167 (15.48%) | NA |
| − bNII > ₹10L | 19,42,764 (9.86%) | 2,202 |
| − sNII < ₹10L | 9,71,382 (4.93%) | 1,101 |
| Retail Shares Offered | 67,99,673 (34.51%) | 1,07,931 |
GNG Electronics IPO Timeline (Tentative Schedule)
| Initiation of Refunds | Tue, Jul 29, 2025 |
| Credit of Shares to Demat | Tue, Jul 29, 2025 |
| Tentative Listing Date | Wed, Jul 30, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on July 25, 2025 |
GNG Electronics IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 63 | ₹14,931 |
| Retail (Max) | 13 | 819 | ₹1,94,103 |
| S-HNI (Min) | 14 | 882 | ₹2,09,034 |
| S-HNI (Max) | 66 | 4,158 | ₹9,85,446 |
| B-HNI (Min) | 67 | 4,221 | ₹10,00,377 |
GNG Electronics IPO Promoter Holding
| Share Holding Pre Issue | 95.01% |
| Share Holding Post Issue |
GNG Electronics IPO Listing Details
| July 30, 2025 |
| 544455 |
| EBGNG |
| ₹237 per share |
| EQ |
| B |
Financial Information
Company FinancialsGNG Electronics Ltd. Financial Information (Restated Consolidated)
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 719.46 | 585.82 | 285.50 |
| Revenue | 1,420.37 | 1,143.80 | 662.79 |
| Profit After Tax | 69.03 | 52.31 | 32.43 |
| EBITDA | 126.14 | 84.90 | 50.04 |
| Net Worth | 226.46 | 163.14 | 111.60 |
| Reserves and Surplus | 176.61 | 132.68 | 81.13 |
| Total Borrowing | 446.92 | 322.33 | 152.02 |
Key Dates
GNG Electronics Ltd. IPO IPO Review & Analysis
Should I Apply for GNG Electronics Ltd. IPO?
The GNG Electronics Ltd. IPO decision depends on your risk tolerance, investment goals, and analysis of company fundamentals. Consider factors like business model, financial performance, industry prospects, and valuation before applying.
Key Positives
- • Mainboard listing provides credibility
- • Issue size of ₹460.43 Cr indicates scale
- • Regulated by SEBI guidelines
Key Considerations
- • Analyze company financials thoroughly
- • Check Grey Market Premium trends
- • Consider market conditions
GNG Electronics Ltd. IPO Allotment Details
Allotment Timeline
How to Check Allotment
- • Visit registrar's official website
- • Enter PAN or application number
- • Check through broker's platform
- • Use our universal allotment tracker
Tip: GNG Electronics Ltd. IPO IPO allotment status will be available approximately 2-3 days after the issue closes. Successful applicants will receive shares in their demat account before listing.