GNG Electronics IPO LIVE: Day 2 Oversubscribed, Check Subscription Status Details?

GNG Electronics IPO LIVE: Oversubscribed on Day 1

GNG Electronics Ltd, a well-known company in the business of refurbished electronics products, has opened its IPO today, July 23, 2025 for subscription. The IPO will end on July 25, 2025 with the allotment date given is July 28, 2025. 

GNG Electronics is the parent company of Electronics Bazaar, specializes in sustainable electronics products and offers high-quality refurbished laptops and desktops tailored to meet the needs of individuals, businesses, and organizations. 

The Initial Public Offering (IPO) has launched its ₹460 crore IPO of fresh issue of equity shares and a sale of existing shares. 

The investor has shown their keen interest on day 1, the IPO is oversubscribed not to 6.12 times. 

The company is a well-known player in the refurbished electronics industry, and is launching a ₹460 crore IPO. If you are an investor and are planning to participate, hereunder are the details you must know beforehand:  

Key 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.

(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.)