GNG Electronics Limited, incorporated in 2006, specializes in refurbishing laptops, desktops, and ICT devices, serving both Indian and global markets. With operations spanning India, the USA, Europe, Africa, and the UAE, the company has established a strong presence under its flagship brand, “Electronics Bazaar.” It offers end-to-end services, from procurement and restoration to distribution and post-purchase services, complete with warranty coverage.

Beyond core refurbishment services, GNG Electronics provides value-added solutions such as IT asset disposition (ITAD), e-waste management, doorstep services, on-site installations, flexible payment options, and upgrade programs. The company also runs assured buyback initiatives, enabling customers to trade in old devices for refurbished or new ICT equipment.

GNG Electronics collaborates with leading retail chains like Vijay Sales and OEM brands such as HP and Lenovo, offering tailored buyback solutions. These programs help retailers and manufacturers drive new device sales while promoting sustainable electronics consumption.

As of March 31, 2025, GNG Electronics has expanded its sales network to 38 countries, supported by 4,154 touchpoints worldwide. This extensive distribution network underscores its leadership in the refurbished electronics market.

The GNG Electronics IPO opens for subscription on July 23, 2025, and closes on July 25, 2025. GNG Electronics plans to raise ₹460.43 crores in total, with ₹400 crores coming from new shares and the remaining through sale of 25.5 lakh existing shares valued at ₹2 face value. The price band is set at ₹225–237 per share, with allocations reserved for QIBs (50%), retail investors (35%), and HNIs (15%). The share allotment will be finalized by July 28, 2025, and the stock is scheduled to list on the BSE and NSE on July 30, 2025.

GNG Electronics reported robust growth, with revenue increasing from ₹1,143.80 crores in 2024 to ₹1,420.37 crores in 2025. Profits also rose significantly, from ₹52.31 crores in 2024 to ₹69.03 crores in 2025, reflecting the company’s strong market position and operational efficiency.

GNG Electronics IPO Details

IPO Date	July 23, 2025 to July 25, 2025
Listing Date	[.]
Face Value	₹2 per share
Issue Price	₹237 per share
Lot Size	63 Shares
Total Issue Size	Approx ₹460.43 Crores
Fresh Issue	Approx ₹400.00 Crores
Offer for Sale	Approx ₹60.44 Crores
Issue Type	Book building IPO
Listing At	BSE, NSE
Share Holding Pre Issue	9,71,33,880 shares
Share Holding Post Issue	11,40,11,517 shares

GNG Electronics IPO Dates

Investors can participate in GNG Electronics’ IPO during the subscription window of July 23-25, 2025.

IPO Open Date	Wed, Jul 23, 2025
IPO Close Date	Fri, Jul 25, 2025
Tentative Allotment	Mon, Jul 28, 2025
Refunds	Tue, Jul 29, 2025
Credit of Shares to Demat	Tue, Jul 29, 2025
IPO Listing Date	Wed, Jul 30, 2025
UPI Mandate Confirmation Deadline	5 PM on July 25, 2025

GNG Electronics IPO Market Lot

The minimum investment for GNG Electronics IPO is set at 63 shares (1 lot) requiring ₹14,931. Retail investors may apply for up to 13 lots (819 shares) totaling ₹1,94,103.

Application	Lot Size	Shares	Amount
Retail Minimum	1	63	₹14,931
Retail Maximum	13	819	₹1,94,103
S-HNI Minimum	14	882	₹2,09,034
B-HNI Minimum	67	4,221	₹10,00,377

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GNG Electronics IPO: Complete Guide – Launch Date, GMP, Allotment, Price