GNG Electronics Limited
ListedMainboardManufacturing · 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
₹85
+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
Last updated 12 days ago
Overall Subscription
148.11x
Total Demand
QIB Multiplier
275.75x
Institutions & Funds
NII / HNI
238.22x
High Net-Worth
Retail (RII)
49.01x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 3,885,529 | 1,071,435,582 | 275.75x |
| NIB | 2,914,146 | 694,211,112 | 238.22x |
| HNIs(10L +) | 1,942,764 | 513,169,587 | 264.14x |
| HNIs (2-10L) | 971,382 | 181,041,525 | 186.38x |
| RETAIL | 6,799,673 | 333,268,488 | 49.01x |
| Total | 16,513,494 | 2,793,126,294 | 148.11x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| RETAIL | 107,931 | 5,289,976 | 49.01x |
| HNIs(10L +) | 2,203 | 581,825 | 264.11x |
| HNIs (2-10L) | 1,101 | 205,262 | 186.43x |
| Total Applications | 111,235 | 6,077,063 | 54.63x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
About GNG Electronics Limited Public Issue & Market Profile
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.
Bidding & Quota Instructions:
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 Schedule:
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.
Frequently Asked Questions
What is GNG Electronics Limited IPO GMP today?
The latest Grey Market Premium (GMP) for GNG Electronics Limited IPO is ₹85 per equity share. Based on the upper price band of ₹225 to ₹237 per equity share, the estimated listing price is ₹322 (+35.9% expected listing gain).
What is the expected profit per lot for GNG Electronics Limited IPO?
With a lot size of 63 shares and current GMP of ₹85, the expected profit per application lot is approx ₹5,355 (+35.9% gain). Minimum application cost is approx ₹14,931.
What is the issue size and price band for GNG Electronics Limited IPO?
The GNG Electronics Limited IPO aggregate issue size is ₹460.44 Crores with an equity price band set at ₹225 to ₹237 per equity share. The retail lot size is 63 shares requiring a minimum capital outlay of approx. ₹14,931.
How can I check GNG Electronics Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 148.11x (Retail: 49.01x, QIB: 275.75x, NII: 238.22x). You can track live multiples directly on our dedicated subscription page.
Where and when will GNG Electronics Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Bigshare Services Pvt Ltd) and the BSE status verification website on or around 2025-07-28. Investors can verify status using PAN card or application number.
When is the listing date for GNG Electronics Limited IPO?
GNG Electronics Limited shares are scheduled to list on NSE and BSE on 2025-07-30.