GNG Electronics IPO Date
GNG Electronics IPO opens for subscription on July 23, 2025, and closes on July 25, 2025. Allotment is set for July 28, 2025, with refunds and Demat credits expected by July 29, 2025. The listing is scheduled on major Indian stock exchanges (BSE and NSE) on July 30, 2025.
Important IPO Dates Table
| Event | Date |
|---|---|
| IPO Open Date | July 23, 2025 |
| IPO Close Date | July 25, 2025 |
| Basis of Allotment | July 28, 2025 |
| Refunds Initiation | July 29, 2025 |
| Shares in Demat | July 29, 2025 |
| Listing Date | July 30, 2025 |
GNG Electronics IPO Price and Lot Size
- Price Band: ₹225 to ₹237 per share
- Face Value: ₹2 per share
- Lot Size: 63 shares (minimum investment: ₹14,931)
- Retail Maximum: Up to 13 lots (819 shares)
- Issue Size: ₹460.43 crore (Fresh issue: ₹400 crore, OFS: ₹60.44 crore)
- Market Capitalization (expected): Over ₹2,700 crore post-issue
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| Detail | Info |
|---|---|
| Price Band | ₹225 – ₹237 per share |
| Lot Size | 63 shares |
| Minimum Investment | ₹14,931 |
| Maximum Retail Lot | 13 (819 shares, ₹1,94,103) |
| Total Issue Size | ₹460.43 crore |
| Fresh Issue | ₹400 crore |
| Offer For Sale (OFS) | ₹60.44 crore |
| Listing Exchanges | BSE & NSE |
GNG Electronics IPO Subscription Status
As of day 1 of the GNG Electronics IPO, the subscription status has been impressive, with a total subscription of 4.25 times.
- The retail portion has been subscribed 4.96 times.
- The Non-Institutional Investors (NII) portion has seen a significant demand, being subscribed 8.13 times.
- The Qualified Institutional Buyers (QIB) portion has received 7% bids, showing moderate interest.
The company has received 6,03,63,198 bids for its total issue of 1,41,88,644 shares as of 13:00 IST, according to data from the Bombay Stock Exchange (BSE).
About GNG Electronics Limited
GNG Electronics Limited, established in 2006, is India’s largest refurbisher of laptops and desktops and a leading player globally in refurbishing ICT (Information and Communication Technology) devices.
Operating under the “Electronics Bazaar” brand, the company provides sourcing, refurbishing, distribution, after-sales services, and buyback solutions. It serves over 38 countries, with 4,154 touchpoints globally as of March 31, 2025.
Disclaimer:
The information provided in this article is based on publicly available sources and the latest updates on the GNG Electronics IPO. The subscription status, dates, and other details mentioned are subject to change based on official announcements and market conditions. All investments are subject to market risks, and investors are advised to conduct thorough research or consult with a financial advisor before making any investment decisions.
