GNG Electronics IPO GMP & Review: Apply or Avoid?
Posted by : sachet | Tue Jul 22 2025

GNG Electronics IPO is open for bidding from 23rd July 2025 to 25th July 2025. It is a book-building IPO of ₹460.43 crore, comprising entirely a fresh issue of 1.69 crore shares. The issue will be listed on BSE and NSE on its tentative listing date, 30th July 2025.
GNG Electronics IPO Details
GNG Electronics IPO date is fixed between 23rd July 2025 and 25th July 2025. The face value of the GNG Electronics is ₹2 per share, and the IPO Issue price band is set at ₹225 to ₹237 per share.
GNG Electronics Limited is the registrar of the GNG Electronics IPO and is responsible for managing the allotment process and initiating refunds. Check out the latest IPO details in the table below.
IPO Open Date | 23rd July 2025 |
IPO Close Date | 25th July 2025 |
IPO Allotment Date | 28th July 2025 |
Refund Initiation | 29th July 2025 |
Issue Size | 1,94,27,637 shares(aggregating up to ₹460.43 Cr) |
Face Value | ₹2 per share |
Lot Size | 63 Share |
Issue Price Band | ₹225 to ₹237 per share |
Issue Type | Bookbuilding IPO |
Listing At | BSE & NSE |
Listing Date | 30th July 2025 |
GNG Electronics IPO Share Reservation
GNG Electronics IPO: It is a book-building IPO of ₹460.43 crore, comprising entirely a fresh issue of 1.69 crore shares. GNG Electronics IPO shares will be listed on the BSE and NSE. Furthermore, SEBI has specified the share reservation criteria for different investor categories.
Investor Category | Shares Offered | % of Shares Offered |
QIB Shares Offered | 97,13,818 | 50.00% |
NII (HNI) Shares Offered | 29,14,146 | 15.00% |
Retail Shares Offered | 67,99,673 | 35.00% |
Total Shares Offered | 1,94,27,637 | 100.00% |
GNG Electronics IPO GMP Grey Market Premium
GNG Electronics IPO GMP is the gap between the price band of the issue and the price at which the company shares are currently trading in the grey market. Do you want to get live updates on the GNG Electronics IPO? If yes, then you’ve reached the right spot. Check the table below to learn about the GMP trends.
GMP DATE | IPO Price | GMP Price | Estimated Listing Price | Estimated Gain |
22-07-2025 | ₹237.00 | ₹92 | ₹329 | ₹38.82% |
21-07-2025 | ₹237.00 | ₹85 | ₹322 | ₹35.86% |
20-07-2025 | ₹237.00 | ₹77 | ₹314 | ₹32.49% |
19-07-2025 | ₹237.00 | ₹72 | ₹309 | ₹30.38% |
18-07-2025 | ₹237.00 | ₹71 | ₹308 | ₹29.96% |
As of 22nd July 2025, GNG Electronics IPO GMP stands at ₹92 per share, which means the share will likely show a listing at ₹329 (237+92) on its tentative listing date, 30th July 2025.
GMP data is subject to change based on market trends and sentiments. You should check the live GMP status before applying for the GNG Electronics IPO GMP. Stay informed with Univest to know about real-time insights on IPOs and their GMP trends.
GNG Electronics IPO GMP Review

Check out the detailed GNG Electronics IPO GMP review for a thorough understanding of its potential to report listing gains on 30th July 2025. The GNG Electronics IPO review below will help you invest effectively to avoid significant losses. Explore more to make informed investment decisions on this IPO.
Financial Health
Assess a company’s financial performance to know about its ability to sustain a competitive edge. Thus, it is essential to understand the growth margins and declines of the business’s financials before applying for the GNG Electronics IPO.
GNG Electronics Limited’s revenue soared 24% from ₹1,143.80 crores in March 2024 to ₹ 1,420.37 crores in March 2025. Moreover, the company’s PAT increased by 32% from ₹52.31 crores in March 2024 to ₹69.03 crores in March 2025.
The GNG Electronics IPO has shown consistent revenue growth, indicating that the company is financially stable. Moreover, the brokers, investors, and RAs have a positive outlook for the GNG Electronics IPO for its tentative listing day, which is 30th July 2025.
Technical Analysis
A number of technical indicators are available to assess a company’s potential to deliver returns. Use the parameters mentioned below to analyse the technicals of the GNG Electronics IPO.
Key Indicators | Value |
PE Ratio (Price-to-Earnings) | 33.35 |
EPS (Earnings Per Share) | 7.11 |
RoNW | 30.40% |
ROCE | 17.31% |
ROE | 30.40% |
EBITDA Margin | 8.94% |
Price to Book Value | 10.17 |
Market Capitalisation | ₹2702.07 Cr |
Note: The data, as mentioned above, is taken from authentic sources and highlights pre-issue information. The PE ratio and EPS of GNG Electronics Limited are subject to change after the IPO. Explore the table below to get post-issue updates on these two metrics.
Indicators | Pre-IPO | Post-IPO |
P/E | 33.35 | 39.14 |
EPS | 7.11 | 6.05 |
GNG Electronics IPO Peer Comparison
Company Name | EPS | P/E Ratio | RoNW | Face Value | Revenue |
GNG Electronics Limited | 7.09 | 33.35 | 30.40 | ₹2 per share | 1,420.37 |
Newjaisa Technologies Limited | (-0.32) | 21.37 | ( -1.45) | ₹5 per share | 61.80 |
GNG Electronics IPO Subscription Status
GNG Electronics IPO is to be opened for bidding on 22nd July 2025. The subscription status for this IPO is yet to be announced. Stay informed on this passage to check the live GNG Electronics IPO Subscription Status.
Investor Category | Shares Offered | Shares Subscribed | Subscription to the Times |
QIB Shares Offered | 97,13,818 | Yet to be announced | Yet to be announced |
NII (HNI) Shares Offered | 29,14,146 | Yet to be announced | Yet to be announced |
Retail Shares Offered | 67,99,673 | Yet to be announced | Yet to be announced |
Total Shares Offered | 1,94,27,637 | Yet to be announced | Yet to be announced |
About GNG Electronics Limited

GNG Electronics was incorporated in 2006. GNG Electronics Limited offers Innovative services for laptops, desktops, and ICT Devices to India and across the world. The company has a significant presence across India, the USA, Europe, UAE. The company comes under the “Electronics Bazaar” brand, offering sales and after-sales services, and providing a warranty.GNG Electronics Limited’s motive is to reduce E-waste and provide affordable electronics. The company has 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.
GNG Electronics Limited Financials
The company’s financial analysis is essential before applying for the GNG Electronics IPO. Look at the table to learn about GNG Electronics‘ financials.
Year Ended | 31st March 2025 (in cr.) | 31st March 2024 (in cr.) | 31st March 2023 (in cr.) |
---|---|---|---|
Assets | 719.46 | 585.82 | 285.50 |
Revenue | 1,420.37 | 1,143.80 | 662.79 |
Profit After Tax | 69.03 | 52.31 | 32.43 |
EBITDA | 126.14 | 84.90 | 50.04 |
Net Worth | 226.46 | 163.14 | 111.60 |
Reserves and Surplus | 176.61 | 132.68 | 81.13 |
Total Borrowing | 446.92 | 322.33 | 152.02 |
Explanation
GNG Electronics Limited’s revenue soared 24% from ₹1,143.80 crores in March 2024 to ₹1,42.37 crores in March 2025. Moreover, the company’s PAT increased by 32% from ₹52.31 crores in March 2024 to ₹69.03 crores in March 2025.
GNG Electronics IPO Bidding Requirements
Investors can bid for a minimum of 63 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount. GNG Electronics IPO has reserved lot sizes to be applied to different investor categories. Look at the table below to know about the requirements to be fulfilled for applying for this IPO.
Use the lot size calculator to find how many shares you should apply!
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 | 4,158 | ₹9,85,446 |
B-HNI (Min) | 67 | 4,221 | ₹10,00,377 |
GNG Electronics IPO Promoter Holdings
Have a look at the table. Below are the Promoter holdings of GNG Electronics promoters:
Shareholding Pre-Issue | 95.01% |
Shareholding Post-Issue | – |
Note: The value will be calculated using Equity Dilution = Share Holding Pre Issue – Share Holding Post Issue
Aim of GNG Electronics IPO
The primary aim of the GNG Electronics IPO is to raise ₹460.43 crores. On the other hand, GNG Electronics has decided to utilise these funds in different ways. Explore some of the secondary objectives for the GNG Electronics.
- To meet General Purposes
- To Repayment/pre-payment, in full or in part, of certain borrowings availed by the Company
Should I Invest in GNG Electronics IPO?
“GEL is numero uno Indian player for refurbished IT devices and provides related services globally. It is the most preferred partner for giant companies in IT hardware. The company marked steady growth in its top and bottom lines for the reported periods. Based on recent financial data, the issue appears fully priced. It may attract first-mover fancy in the segment. Well-informed investors can grab it for the medium to long term”. ~Dilip Davda (Chief Editor at Chittorgarh).
Pros of GNG Electronics IPO
- Strong Revenue & Growth Momentum
- Positive Market Sentiments
- Focus on Sustainability
- Collaborative brand partnership
Cons of GNG Electronics IPO
- Overdependent on the laptop segment revenue
- Financial leverage
- Competition risks
How to Apply for GNG Electronics IPO?

Check the steps mentioned below to apply for GNG Electronics Ltd.
- Step 1: Conduct thorough research on the GNG Electronics IPO GMP, subscription status, issue size, lot size, and other details.
- Step 2: Open a demat account on Univest to learn about real-time insights on GMP and subscription status. You can also use your previous demat account by navigating to the IPO section.
- Step 3: Make a bid for 1 lot 63 share at ₹14,175
- Step 4: You will receive a mandate request after making a bid. Approve the request to proceed further.
Note: You can apply for the GNG Electronics IPO from more than one demat account to increase your allotment chances.
How to Check GNG Electronics IPO Allotment Status?
You can check for the GNG Electronics IPO allotment in different ways. These include NSE and the registrar portal. Look at the steps mentioned below to check your allotment status online.
Check On NSE
- Visit the NSE Official Site
- Navigate to the IPO Allotment Section.
- Select Equity as the issue type.
- Choose the GNG Electronics IPO.
- Choose whether to proceed with the PAN number or the application number.
- Submit your details to get the allotment status online.
Check On the Registrar Portal
- Visit the registrar portal.
- Click on the allotment option.
- Fill in the required details.
- Click on the submit button to know your GNG Electronics IPO allotment status.
Let’s Wrap
The GNG Electronics IPO is a bookbuilding issue of shares worth ₹460.43 crores. The shares of GNG Electronics Limited will be listed on BSE and NSE on its tentative listing date of 30th July 2025. Researching the GNG Electronics IPO GMP and reviews is highly suggested to book your ideal profitability. Brokers and investors have highlighted their pros and cons, so one must analyse them and decide accordingly.
Open a demat account on Univest now to initiate your investment journey!
Also Read : Monika Alcobev IPO GMP: Day 1 IPO Live Updates
FAQs on GNG Electronics IPO
How is the GNG Electronics IPO?
Ans. Currently, on 22nd July 2025, the GNG Electronics IPO (Grey Market Premium) stands at ₹32. It indicates that the estimated listing price could be ₹329 per share. It is a bookbuilding IPO of an entirely fresh issue worth ₹1.69 crores. The face value of each share of GNG Electronics is ₹2 per share.
What is the GNG Electronics IPO price?
Ans. The GNG Electronics issue price is set at ₹225 to ₹237 per share. Retail investors can apply for a minimum of 63 shares worth ₹14,175.
Is the GNG Electronics IPO good?
Ans. GNG Electronics Limited’s revenue soared 24% from ₹1,143.80 crores in March 2024 to ₹1,42.37 crores in March 2025. Moreover, the company’s PAT increased by 32% from ₹52.31 crores in March 2024 to ₹69.03 crores in March 2025. Investors can analyse other relevant factors and make a decision accordingly.
Who is the registrar of the GNG Electronics IPO?
Ans. Bigshare Services Private Limited is the registrar of the GNG Electronics IPO, awaiting to manage the IPO allotment procedure and refund initiation. For any queries regarding the GNG Electronics allotment and refund, you can contact us. Bigshare Services Private Limited ipo@bigshareonline.com or +91-22-6263 8200.
What is the issue size of the GNG Electronics IPO?
Ans GNG Electronics IPO is a bookbuilding IPO of ₹460.43 crores. Entirely a fresh issue of 1.69 crore shares. Moreover, the IPO is set to open on 22nd July 2025 and will be closed on 25th July 2025.
Disclaimer: The above information is compiled from authentic sources and is just for informational purposes. To have detailed information about the GNG Electronics issue IPO, download the GNG Electronics IPO RHP and GNG Electronics IPO DRHP. Conduct your research before investing in IPOs to avoid significant losses. You can also consult your financial advisor.
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