GNG Electronics
Mainboard₹14,931 / 63 Shares
IPO Live Subscription Details
| Category | Subscription (Times) |
|---|---|
| Date | 25 Jul 2025,06:42:00 PM |
| QIBs | 266.21 |
| NII | Bids above ₹10L: 252.45 times Bids below ₹10L: 178.12 times NII Total: 227.67 |
| Retail | 46.84 times |
| Total | 147.93 times |
GNG Electronics IPO Details
The GNG Electronics IPO price band is set between ₹225-237 per equity share, with a face value of ₹2 per share. The issue is managed by Bigshare Services Pvt Ltd, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 23 Jul, 2025 and closes on 25 Jul, 2025. Investors can check the allotment status on 28 Jul, 2025, while the listing date is tentatively scheduled for 30 Jul, 2025.
The total issue size is Total 460.43 Cr :#Fresh Issue : 1,68,77,637 shares, aggregating up to ₹400.00 Cr. Stay tuned for the latest GNG Electronics IPO review and GMP updates.
GNG Electronics IPO Review, Rating & Analysis
GNG Electronics IPO Review
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GNG Electronics IPO Highlights
IPO Date
Jul 23, 2025 - Jul 25, 2025
Listing Date
30 Jul, 2025
Face Value
₹2 Per Equity Share
Price Band
₹225-237 per equity share
Lot Size
63 Shares
Fresh Issue
1,68,77,637 Shares
Offer for Sale
25,50,000 shares of ₹2
Listing At
BSE, NSE
GNG Electronics IPO Lot Size
The minimum market lot for GNG Electronics IPO is 63 shares with an application amount of ₹14,931. Retail investors can apply for up to 13 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| 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 | 4158 | ₹9,85,446 |
| B-HNI (Min) | 67 | 4221 | ₹10,00,377 |
GNG Electronics IPO Timeline
Issue Price
₹225-237 per equity shareFace Value
₹2 Per Equity ShareListing at Group
BSE, NSERegistrar
Bigshare Services Pvt LtdLead Manager
Motilal Oswal Investment Advisors LimitedIIFL Capital Services LimitedJm Financial LimitedIssue Size
Total 460.43 Cr :#Fresh Issue : 1,68,77,637 shares(aggregating up to ₹400.00 Cr) +
#OFS : 25,50,000 shares of ₹2(aggregating up to ₹60.44 Cr)
GNG Electronics IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 25 | 719.46 | 1420.37 | 69.03 | 226.46 | 176.61 | 446.92 |
| 31 Mar 24 | 585.82 | 1143.80 | 52.31 | 163.14 | 132.68 | 322.33 |
| 31 Mar 23 | 285.50 | 662.79 | 32.43 | 111.60 | 81.13 | 152.02 |
All values are in ₹ Cr.
GNG Electronics IPO Valuations
EPS Pre IPO
₹7.11/-EPS Post IPO
₹6.05/-PE Pre IPO
33.35PE Post IPO
39.14ROE
30.40%ROCE
17.31%Debt Equity
1.95RoNW
30.40%PAT Margin
4.89%Price to Book Value
10.17Promoters & Share Holding
Promoter(s) Name
- Sharad Khandelwal
- Vidhi Sharad Khandelwal
- Amiable Electronics Private Limited
- Kay Kay Overseas Corporation
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 95.01% | N/A% |
About Company
Established in 2006, GNG Electronics Limited provides laptop, desktop and ICT Device refurbishing services both internationally and in India. They have a strong presence within India, USA, Europe, Africa and UAE.
They work under the brand name 'Electronics Bazaar' providing sourcing to refurbishment to sale to after– sale service and guaranteeing.
The organization provides other value–added services including ITAD and e – waste management services, warranties, doorstep service, on-site installation, convenient payment options, simple upgrades, guaranteed buyback programmes and buyback programmes for refurbished ICT Devices.
GNG Electronics offers customized buyback programs for desktops and laptops to enable large format retail chains like Vijay Sales (India) Private Limited (Vijay Sales) and OEM brand chains like HP India Sales Private Limited (HP) and Lenovo Global Technology (India) Private Limited (Lenovo) to operate cost-effective, customer-friendly buyback programs enabling sale of new products.
The company have sales network with the refurbished ICT Devices being retailed in 35 countries as of September 30, 2024. GNG Electronics sales network consists of 3,265 touchpoints, in India and international, as of September 30, 2024.
GNG Electronics IPO Subscription Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 40,24,755 | 30,49,167 19,42,764 9,71,382 | 67,99,673 | 1,38,73,595 |
Day 1 -23-07-25 05:00 PM | 1.68 x | 18.85 17.47 x 21.62 x | 8.89 x | 8.99 x |
Day 2 -24-07-25 05:00 PM | 2.21 x | 68.70 68.43 x 69.23 x | 23.02 x | 26.93 x |
Day 3 -25-07-25 05:00 PM | 266.21 x | 226.41 252.45 x 174.34 x | 45.21 x | 146.84 x |
Retail:38.0x
BHNI:50x
SHNI:173x times
Company Contact Details
GNG Electronics
Unit No. 415, Hubtown Solaris, N.S. Phadke Marg, Andheri (East), Mumbai, Maharashtra, 400069Phone: +91 22 3123 658
Email: compliance@electronicsbazaar.com
Website: https://www.electronicsbazaar.com/
Registrar Contact Details
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Frequently Asked Questions about GNG Electronics IPO
When will GNG Electronics IPO open for subscription?
The GNG Electronics IPO opens on 23 Jul, 2025 and closes on 25 Jul, 2025.
What is the investors portion for GNG Electronics IPO?
The investors' portion for QIB is 266.21 x, NII is 252.45 x, and Retail is 45.21 x.
How to apply for GNG Electronics IPO?
You can apply for GNG Electronics IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of GNG Electronics IPO?
The issue size of GNG Electronics IPO is approx ₹Total 460.43 Cr :#Fresh Issue : 1,68,77,637 shares(aggregating up to ₹400.00 Cr) +#OFS : 25,50,000 shares of ₹2(aggregating up to ₹60.44 Cr) crores.
What is the price band of GNG Electronics IPO?
The price band for GNG Electronics IPO is ₹225 to ₹237 per equity share.
What is the lot size of GNG Electronics IPO?
The minimum bid (lot size) for GNG Electronics IPO is N/A shares with an investment of approx ₹14,931 .
What is the allotment date of GNG Electronics IPO?
The allotment date for GNG Electronics IPO is 28 Jul, 2025.
What is the listing date of GNG Electronics IPO?
The listing date for GNG Electronics IPO is expected to be 30 Jul, 2025.
What is the GMP of GNG Electronics IPO?
The latest Grey Market Premium (GMP) for GNG Electronics IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.