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GNG Electronics Ltd.

NSE & BSE · Mainboard IPO
Listed NSE & BSE Mainboard Live Chart
Issue Price
₹237
₹237
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹237
Based on GMP
Min. Investment
₹14,931
1 lot × 63 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
23 Jul 2025
Close Date
25 Jul 2025
Allotment
28 Jul 2025
Listing Date
30 Jul 2025
Exchange
NSE & BSE
Price Band
₹237
Listing Price
See chart
Allotment Status
Price Band
₹237
Per share
Face Value
₹2 per share
 
Lot Size
63 Shares
per lot
Issue Size
1,94,27,637 shares (aggregating up to ₹460.43 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹14,931
1 lot
Pre-IPO Holding
9,71,33,880 shares
Promoters
Post-IPO Holding
11,40,11,517 shares
Promoters
P/E (Pre)
33.35x
 
P/E (Post)
39.14x
 
EPS (Pre)
₹7.11
 
EPS (Post)
₹6.05
 
UPI Deadline
2025-07-25
Mandate
Anchor AllotmentTue, 22 Jul 2025
Basis of AllotmentMon, 28 Jul 2025
Refund InitiationTue, 29 Jul 2025
Demat CreditTue, 29 Jul 2025
Listing DayWed, 30 Jul 2025
UPI Mandate Deadline2025-07-25
Sale TypeFresh Capital-cum-Offer for Sale
Fresh Issue Shares1,68,77,637 shares (aggregating up to ₹400.00 Cr)
Offer for Sale25,50,000 shares of ₹2 (aggregating up to ₹60.44 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
GNG Electronics Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 25 Jul 2025.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
19,427,637
100% ₹460.43
IPO Shares Offered
GNG Electronics Ltd. IPO total issue size: ₹460.43 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Total 19,427,637 ₹460.43
100.00%
* Based on upper price band ₹237 per share
Lot Size & Investment
Lot Size
63
Shares per Lot
Issue Price
₹237.00
Upper Band
Min Investment
₹14,931
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)2126₹29,862
Retail (Max — 13 Lots)13819₹194,103
S-HNI (Min — 14 Lots)14882₹209,034
B-HNI (Min — 68 Lots)684,284₹1,015,308
* Issue Price ₹237 × Lot Size 63 shares
IPO Schedule
Anchor
22 Jul 2025
✓ Done
IPO Open
23 Jul 2025
✓ Done
IPO Close
25 Jul 2025
✓ Done
Allotment
28 Jul 2025
✓ Done
Refunds
29 Jul 2025
✓ Done
Demat Credit
29 Jul 2025
✓ Done
Listing Day
30 Jul 2025
✓ Done
GNG Electronics Ltd. — Live Price LIVE
₹237.00
INR · BSE
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Issue ₹237.00 Live Price
About GNG Electronics Ltd.
Incorporated in 2006, GNG Electronics Limited offers refurbishing services for laptops, desktops and ICT Devices, both globally and in India. The company has a significant presence across India, USA, Europe, Africa and UAE.The company operate under the brand “Electronics Bazaar”, offering sourcing to refurbishment to sales to after– sale services and providing warranty.The company offers other value–added services such as ITAD and e – waste management services, warranties, doorstep service, on-site installation, flexible pay options, easy upgrades, assured buyback programmes and buyback programmes for refurbished ICT Devices.GNG Electronics provides tailored buyback solutions for laptops and desktops to help large format retail stores such as Vijay Sales (India) Private Limited (“Vijay Sales”) and OEM brand stores such as HP India Sales Private Limited (“HP”) and Lenovo Global Technology (India) Private Limited (“Lenovo”) to run efficient, customer–friendly buyback programs facilitating sale of new devices.The company have a sales network with the refurbished ICT Devices being sold in 38 countries as of March 31, 2025. GNG Electronics sales network comprises 4,154 touchpoints in India and globally, as of March 31, 2025.As of March 31, 2025., The company had 1,194 employees.
Objects of the Issue
1
1 Prepayment and/or repayment, in full or in part, of all or a portion of certain outstanding borrowings availed by the Company and the Material Subsidiary namely, Electronics Bazaar FZC
2
2 General Corporate Purposes
GNG Electronics Ltd. Financials (Amount in Crore)
Revenue from Operations
₹662.8
31 Mar 2023
₹1,143.8
31 Mar 2024
₹1,420.4
31 Mar 2025
Profit After Tax (PAT)
₹32.4
31 Mar 2023
₹52.3
31 Mar 2024
₹69.0
31 Mar 2025
Particulars31 Mar 202531 Mar 202431 Mar 2023
Revenue from Operations 1420.37 1143.80 662.79
EBITDA 126.14 84.90 50.04
Profit After Tax (PAT) 69.03 52.31 32.43
Net Worth 226.46 163.14 111.60
Total Assets 719.46 585.82 285.50
Reserves & Surplus 176.61 132.68 81.13
Borrowings 446.92 322.33 152.02
EBITDA Margin (%) 8.94%
PAT Margin (%) 4.89%
P/BV Ratio
10.17
RoE
30.40%
RoCE
17.31%
RoNW
30.40%
PAT Margin
4.89%
EBITDA Margin
8.94%
Debt/Equity
1.95
Issue Structure & Shareholding
Total Shares Offered1,94,27,637 (100.00%)
Net Offer to PublicN/A
Reserved for Market MakerN/A
Pre-Issue Promoter Holding9,71,33,880 shares
Post-Issue Promoter Holding11,40,11,517 shares
P/BV Ratio10.17
RoE30.40%
RoCE17.31%
Debt / Equity1.95
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Motilal Oswal Investment Advisors Ltd.
IIFL Capital Services Ltd.
JM Financial Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much GNG Electronics Ltd. IPO subscribed?

GNG Electronics Ltd. IPO is subscribed 1.00 times by Jul 25, 2025. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is GNG Electronics Ltd. IPO retail subscription status?

The GNG Electronics Ltd. IPO retail category is subscribed 1.00 times as of 25 Jul 2025. The retail portion is oversubscribed.

How to subscribe GNG Electronics Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 23 Jul 2025 and closes 25 Jul 2025. Min investment: ₹14,931 (1 lot = 63 shares). UPI mandate: 2025-07-25.

How many times GNG Electronics Ltd. IPO subscribed?

The GNG Electronics Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check GNG Electronics Ltd. IPO allotment?

Check allotment on the registrar website (Bigshare Services Pvt.Ltd.) at https://ipo.bigshareonline.com/IPO_Status.html. Enter your PAN, application number or DP/Client ID. Allotment date: 28 Jul 2025. Refunds: on 29 Jul 2025.

When GNG Electronics Ltd. IPO will be listed?

The GNG Electronics Ltd. IPO listing date is 30 Jul 2025, Wednesday. Listed on: NSE & BSE. Issue price: ₹237. Estimated listing: ₹237. GMP: NIL.

When GNG Electronics Ltd. IPO close?

The GNG Electronics Ltd. IPO closes on 25 Jul 2025, Friday. UPI mandate: 2025-07-25. Allotment: 28 Jul 2025. Listing: 30 Jul 2025.