GNG Electronics IPO GMP: GNG Electronics is a company that takes old laptops, desktops and other tech equipment, repairs them and sells them as new. Now they are issuing shares to the public through an initial public offering (IPO). This means that anyone can buy a share of the company and become a shareholder. This article explains everything about the GNG Electronics IPO in simple English. This includes IPO dates, price, how to apply, grey market premium (GMP), allotment details and more.
IPO Date and Details
The GNG Electronics IPO GMP opened for subscription on July 23, 2025 and closed on July 25, 2025. It is the time for investors to apply for shares. The company issued shares at a price band of ₹225 to ₹237 per share. They aim to raise ₹460.43 crore through the IPO, which includes:
Fresh issue: ₹400 crore from new shares issued by the company.
Offer for sale (OFS): ₹60.44 crore from 25.5 lakh shares sold by existing shareholders.
This IPO consists of a total of 1.95 crore shares. These shares will be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) on July 30, 2025. The allotment of shares, which determines who will get the shares, will be finalised on July 28, 2025.
Here’s a quick overview of the key details:
| Detail | Information |
|---|---|
| IPO Open Date | July 23, 2025 |
| IPO Close Date | July 25, 2025 |
| Price Band | ₹225–₹237 per share |
| Lot Size | 63 shares |
| Minimum Investment (Retail) | ₹14,931 (at ₹237 per share) |
| Total Issue Size | ₹460.43 crores |
| Allotment Date | July 28, 2025 |
| Listing Date | July 30, 2025 |
| Stock Exchanges | BSE, NSE |
How to Apply for the GNG Electronics IPO
Applying for the GNG Electronics IPO is simple if you follow these steps:
- Get a Demat and Trading Account: You need a Demat account to store shares and a trading account to apply. Brokers like Angel One, Zerodha, or Kotak Securities can help you set this up.
- Provide Details: You’ll need your PAN card number and bank account details to apply.
- Choose the Lot Size: The minimum application is for 63 shares, costing ₹14,931 at the upper price band of ₹237. Small non-institutional investors (sNII) need to apply for 14 lots (882 shares, ₹209,034), and big non-institutional investors (bNII) need 67 lots (4,221 shares, ₹1,000,377).
- Apply Online: Use your broker’s website or app to submit your application during the IPO period (July 23–25, 2025).
You can find more details on how to apply through trusted platforms like Angel One or Zerodha.
Subscription Status
The GNG Electronics IPO was very popular among investors. It was fully subscribed within an hour of opening on July 23, 2025, showing strong demand. Here’s how the subscription looked:
- Day 1 (July 23, 2025): Subscribed 8.99 times, with strong interest from retail (8.89 times) and non-institutional investors (18.85 times).
- Day 2 (July 24, 2025): Subscribed 26.90 times, with non-institutional investors at 68.57 times, retail at 23.01 times, and qualified institutional buyers (QIBs) at 2.21 times.
- Day 3 (July 25, 2025): Subscribed 76.90 times
This high subscription rate suggests that many investors are excited about the GNG Electronics IPO.
Grey Market Premium (GMP)
The Grey Market Premium (GMP) is the extra price people are willing to pay for shares in the unofficial market before they are listed on the stock exchange. For the GNG Electronics IPO, the GMP has been fluctuating:
| Date | GMP (₹) |
|---|---|
| July 19, 2025 | 40 |
| July 23, 2025 | 104 |
| July 25, 2025 | 100–105 |
As of July 25, 2025, the GMP is around ₹100–105, according to latest news. This means if you get shares at ₹237, they might trade at ₹337–342 when listed, offering a potential gain of about 44%. However, GMP is not official and can change based on market sentiment.
Company Overview
GNG Electronics, founded in 2006 and based in Mumbai, India, is the largest refurbisher of laptops and desktops in India, according to the 1Lattice Report. They operate under the brand “Electronics Bazaar” and provide end-to-end solutions, from sourcing old devices to refurbishing and selling them with warranties. They also help companies dispose of old tech in an eco-friendly way, reducing e-waste.
- Global Reach: The company operates in 38 countries, with 4,154 touchpoints worldwide.
- Facilities: They have five refurbishment centers in India (Navi Mumbai), the USA (Dallas), and the UAE (Sharjah), covering 58,127.82 square feet.
- Employees: They employ 1,194 people.
- Partners: They work with big brands like HP, Lenovo, and Microsoft, and are India’s largest Microsoft Authorized Refurbisher.
- Products: They offer 5,840 different products, including laptops, desktops, tablets, and servers.
Their focus on sustainability makes them a leader in the refurbished electronics market. Learn more at Chittorgarh.
Financial Performance
GNG Electronics has shown strong financial growth:
- Revenue:
- FY24: ₹1,143.80 crores
- FY25: ₹1,420.37 crores
- Profit:
- FY24: ₹52.31 crores
- FY25: ₹69.03 crores
This growth suggests the company is doing well and could be a good investment for the long term, according to IPOWatch.
Latest News Updates
The GNG Electronics IPO has been making headlines:
- Quick Subscription: The IPO was fully subscribed within an hour of opening on July 23, 2025, showing strong investor interest (Moneycontrol).
- Anchor Investors: The company raised ₹138 crores from anchor investors before the IPO opened.
- High Demand: Non-institutional investors showed the highest interest, subscribing 68.57 times by Day 2 (LiveMint).
Allotment and Listing Dates
- GNG IPO Allotment Date: The allotment will be finalized on July 28, 2025. You can check your GNG IPO Allotment status on the registrar’s website KFin Technologies or Link Intime) or through your broker using your PAN or application number.
- Listing Date: The shares will start trading on the BSE and NSE on July 30, 2025.
Check Allotment Status Here
For allotment status, visit platforms like InvestorZone.
Risks to Consider
Investing in the GNG Electronics IPO comes with some risks:
- Competition: The refurbished electronics market is competitive, with other companies offering similar services.
- Supplier Dependence: GNG relies on a few key suppliers for parts, which could be a problem if supply is disrupted.
- Regulatory Changes: New government rules about e-waste could affect the company’s operations.
- Market Fluctuations: Prices of raw materials can change, impacting costs.
Investors should weigh these risks against the potential benefits before applying.
Analyst Views
Analysts have mixed opinions about the GNG Electronics IPO:
- Positive Views: Some analysts recommend subscribing for long-term gains due to the company’s strong growth and sustainability focus (LiveMint).
- Cautious Views: InvestorZone gave the IPO a rating of 3/10, suggesting caution (InvestorZone).
It’s a good idea to do your own research or talk to a financial advisor before investing.
Post-Listing Outlook
The strong subscription and high GMP suggest that the GNG Electronics IPO could list at a premium on July 30, 2025. However, the share price after listing will depend on market conditions, the company’s performance, and investor sentiment. The company’s focus on sustainability and global presence makes it appealing, but market risks should not be ignored.
FAQs
What is GNG Electronics?
GNG Electronics is India’s largest refurbisher of laptops, desktops, and other tech devices. They operate under the “Electronics Bazaar” brand and focus on sustainability.
What is the GNG Electronics IPO date?
The IPO was open from July 23 to July 25, 2025.
What is the price band for GNG Electronics IPO?
The price band is ₹225 to ₹237 per share.
How to apply for GNG Electronics IPO?
You need a Demat and trading account with a broker like Angel One or Zerodha. Apply through their platform with a minimum of 63 shares.
What is the GNG IPO Allotment date?
The allotment will be finalized on July 28, 2025.
What is the listing date for GNG Electronics IPO?
The shares will list on July 30, 2025, on BSE and NSE.
What is the GNG IPO GMP?
As of July 25, 2025, the GMP is around ₹100–105, suggesting a listing price of ₹337–342.
Is GNG Electronics IPO good for investment?
The IPO has strong demand and growth potential, but risks like competition and regulatory changes exist. Research thoroughly or consult a financial advisor.
This article provides a complete guide to the GNG Electronics IPO, covering all key details in simple language. Whether you’re a new investor or experienced, this information can help you understand the IPO and make an informed decision.
