
Manufacturing · NSE / BSE
Incorporated in 2006, GNG Electronics Limited provides refurbishing services for laptops, desktops, and ICT devices across India and internationally. With a strong presence in India, the USA, Europe, Africa, and the UAE, the company operates under the brand name “Electronics Bazaar,” offering end-to-end solutions from sourcing and refurbishment to sales and after-sale services, including warranty support. In addition to refurbishing, GNG Electronics offers various value-added services such as IT asset disposition (ITAD), e-waste management, warranties, doorstep service, on-site installation, flexible payment options, easy device upgrades, and buyback programs for refurbished ICT devices. The company also delivers customized buyback solutions for laptops and desktops, supporting large-format retail stores like Vijay Sales and OEM brand stores such as HP and Lenovo in running efficient, customer-centric buyback programs to encourage the sale of new devices. As of September 30, 2024, GNG Electronics has established a sales network spanning 35 countries and operates through 3,265 touchpoints both in India and abroad.
Price Band
₹225 – ₹237
Issue Size
₹460 Cr
Lot Size
63 shares
GMP
+35.9%
Est. Listing
₹322
at current GMP
Subscribed
148.11x
overall
Open
23 Jul 2025
Close
25 Jul 2025
Allotment
28 Jul 2025
Refund
29 Jul 2025
Demat Credit
30 Jul 2025
Listing
30 Jul 2025
Designated Registrar: Bigshare Services Pvt Ltd
Allotment Date
28 Jul 2025
Basis finalization
Refunds Initiate
29 Jul 2025
Mandate release
Demat Credit
30 Jul 2025
Shares in demat
Listing Debut
30 Jul 2025
Trading begins
GNG Electronics Limited is bringing an initial public offering (IPO) in the Manufacturing sector with an aggregate issue size of ₹460.44 Crores. The shares are offered at a price band of ₹225 to ₹237 per equity share on NSE and BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 63 shares (approx. ₹14,931 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Bigshare Services Pvt Ltd. Eligible allottees will receive credit of equity shares into their Demat accounts by 2025-07-30, while un-allotted funds or UPI block mandates will be released on 2025-07-29.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.