GNG Electronics
30 Jul '25MAINBOARD
Min. Investment
₹14,175
Issue size
₹460.44 Cr
GMP
Locked
Overall subscription: 143.89x
Check allotment status
Expert verdict
IPO dates
23 Jul
Opening
25 Jul
Closing
28 Jul
Allotment
30 Jul
Listing
*Refunds will be initiated on 29 Jul '25
IPO quota
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 63 | ₹14,931 |
| HNI (Min) | 14 | 882 | ₹2,09,034 |
Subscription (as on 28 August 2025, 10:30 AM)
Overall143.89x
Qualified institutional buyers
Non-Institutional Buyers
Retail Investors
Employee
About company
Founded: 2006|MD: Mr Sharad Khandelwal
- GNG Electronics is a refurbisher of laptops, desktops, and other information and communication technology (ICT) devices, operating both in India and internationally. The company specialises in providing affordable, high-quality refurbished ICT products, including laptops, desktops, tablets, mobile workstations, and servers, among others. These devices are refurbished to meet high functional and aesthetic standards, offering significant cost savings compared to new products.
- GNG Electronics also provides services such as IT asset disposition (ITAD), e-waste management, and warranty-backed sales.
- The company operates from five refurbishment facilities located in India, the United States (US), and the United Arab Emirates (UAE). Its main facility is in Navi Mumbai, Maharashtra, with additional locations in Dallas, Texas, and Sharjah, UAE.
Issue Details & Objective
Lot size
63 Shares
Price band
₹225 to 237
Face value
₹2 per share
- Prepayment and/or repayment, in full or in part, of all or a portion of certain outstanding borrowings availed by the Company and the Material Subsidiary namely, Electronics Bazaar FZC
- General Corporate Purposes
Financials
IPO reservation
Anchor investor - 23.08%
QIB - 38.46%
HNI - 11.54%
Retail - 26.92%
Download DRHP (IPO Doc)FAQs
Should I apply for the GNG Electronics IPO?
Our SEBI-registered investment advisors give out verdicts for each IPO. You can refer to their expert verdict at the top of this page. Please note that these verdicts are for informational purposes only and should not be construed as investment advice. Markets are subject to risk, and investors should exercise their own discretion and diligence.
What is the issue size of GNG Electronics IPO?
The issue size of GNG Electronics IPO is ₹460.44 Cr
What are the open and close dates for GNG Electronics IPO?
The GNG Electronics IPO will be open for applications from 23 Jul '25 to 25 Jul '25
What is the lot size and minimum order quantity of GNG Electronics IPO?
The lot size of GNG Electronics IPO is 63 Shares and its minimum investment amount is ₹14,175.
What is the GMP value of GNG Electronics IPO?
Grey market premium (GMP) is a premium amount at which grey market IPO shares are traded before they get listed in the stock exchange. The GMP for GNG Electronics IPO is 42.19
