GNG Electronics Ltd’s IPO, surged with over subscription on the last day of its public offer. The Initial Public Offering (IPO) was launched on July 23, 2025 with its ₹460 crore offering of fresh issue of equity shares and a sale of existing shares.
The IPO was closed on July 25, 2025 and was oversubscribed to 41.42 times. The investor has shown their keen interest on through various categories.
Retail Individual Investors (RIIs) : 30.67x
Non-Institutional Investors: 115.17x
Qualified Institutional Buyers (QIBs): 4.56x
(Data as per July 25, 2025 | 11:33 AM)
The allotment status for the IPO is expected to be confirmed today, July 28, 2025. The IPO, which is an offer-for-sale (OFS), has a price band of ₹760-₹800 per share. Investors are now eagerly waiting for their allotment results.
The allotment status could be seen over the Website of NSE or BSE.
GNG Electronics Ltd: IPO Details
• Issue Opens: July 23, 2025
• Issue Closes: July 25, 2025
• Allotment Date: July 28, 2025
• Price Band: ₹225 to ₹237 per share
• Minimum Investment: ₹14,931
• Maximum Lot Size: 33 shares
• Issue Size: The total issue size is ₹203.28 crore, comprising a fresh issue of up to ₹4,000 million and an offer for sale (OFS) of 2,550,000 equity shares.
What to Do Now to Check Application Status: GNG Electronics Ltd
Check Application Status on NSE
1. Visit the official NSE website for the allotment status.
2. Mark ‘Equity & SME IPO bid details’
3. Select Symbol of the Company
4. Enter PAN Number
5. Enter Application Number
6. Click on Submit Button
Check Application Status on BSE
1. Visit the official BSE website for the allotment status.
2. Select ‘Equity’ in Issue Type
3. Choose Company Name
4. Enter PAN Number or Application Number
5. Select Captcha
6. Click on Search Button
The excitement surrounding GNG Electronics’ IPO and the broader market reaction will likely provide insights into future trends in the laptop refurbishing sector. Stay tuned for more updates on the listing process!
GNG Electronics Limited IPO: About the Company
GNG Electronics Limited, the parent company of Electronics Bazaar, has a unique business model. The company specializes in sustainable electronics products and offers high-quality refurbished laptops and desktops tailored to meet the needs of individuals, businesses, and organizations. It is the parent company of Electronics Bazaar, which provides refurbished IT equipment.
Through Electronics Bazaar, the company aims to provide affordable and reliable refurbished technology solutions globally. The company has a strong presence across India with a global footprint in UAE and USA markets. GNG Electronics is constantly striving to expand its reach with a focus on sustainability, quality, and customer satisfaction.
(Disclaimer: This article is for informational purposes only and should not be considered financial advice. Investors are advised to read the prospectus carefully and consult their financial advisor before making investment decisions.)
Also Read: NSDL IPO Alert: All You Need To Know, And Can’t Afford To Miss!
Ankur Mishra is a journalist who covers an extensive range of news, from business, stock markets, IPOs to geopolitics, world affairs, international crises, and general news. With over a decade of experience in the business domain, Ankur has been associated with some of the reputed media brands. Through a sharp eye on global marketplaces along with deep insights and analysis of business strategies, Ankur brings simplicity to the complex economic matrix to decode market trends and empower people.
He is committed to entrenched data, facts, research, solutions, and a dedication to value-based journalism. He has covered trade tariff wars, international alliances, corporate policies, government initiatives, regulatory developments, along with micro- and macroeconomic shifts impacting global fiscal dynamics.
