GNG Electronics Limited Link 
Allotment
GNG Electronics Ltd. IPO is a book-built issue worth ₹460.43 crore, comprising a fresh issue of 1.69 crore shares aggregating to ₹400.00 crore and an offer for sale of 0.26 crore shares aggregating to ₹60.44 crore.
The IPO bidding was open from July 23, 2025, to July 25, 2025, with allotment finalized on July 28, 2025. The shares were listed on BSE and NSE on July 30, 2025.
The price band for the issue was set at ₹237 per share. The lot size for an application is 63 shares, making the minimum investment for retail investors ₹14,175 (based on the upper price). For small Non-Institutional Investors (sNII), the minimum application is 14 lots (882 shares), totaling ₹2,09,034, while for big Non-Institutional Investors (bNII), the minimum application is 67 lots (4,221 shares), amounting to ₹10,00,377.
Motilal Oswal Investment Advisors Ltd. acted as the book running lead manager, and Bigshare Services Pvt. Ltd. served as the registrar of the issue.
₹237
0%
Open
₹237
HIgh - Low
₹237
Previous Close
₹237
Total Traded Value
0
52 Weeks High
₹237
52 Weeks Low
₹237
Updates On
Jul 10, 2025
IPO. Open
Jul 23, 2026
IPO. Close
Jul 25, 2026
IPO. Price
₹237.00
IPO Market price
₹2,702.07 Cr
IPO Details
| IPO Date | 30 Jul |
| IPO Listing Date | 30 Jul |
| IPO Face Value | ₹10.00 per share |
| IPO Price Range | ₹237.00 |
| IPO Issue Size | 1,94,27,637 shares |
| IPO Sale Type | Fresh Capital & OFS |
| Employee Discount | - |
| IPO Issue Type | Bookbuilding IPO |
| IPO Listing | BSE, NSE Platform |
| Share Holding Pre Issue | 9,71,33,880 shares |
IPO Reservation
| IPO Open Date | 23 Jul |
| IPO Close Date | 25 Jul |
| IPO Allotment (Tentative) | 28 Jul |
| Refunds | 29 Jul |
| Credit to Demat Account | 29 Jul |
| IPO Listing Date | 30 Jul |
IPO Timetable
| Category | Offer |
|---|---|
| QIB Shares Offered | 40,24,755 Shares |
| NII (HNI) Shares Offered | 30,49,167 Shares |
| Retail Shares Offered | 71,14,722 Shares |
IPO Lot Size
investors can bid for a minimum of 63 shares and in multiples of 63 shares thereafter.
| Application | Lots | Share | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 63 | ₹14,931 |
| Retail (Max) | 13 | 819 | ₹1,94,103 |
| S-HNI (Min) | 14 | 882 | ₹2,09,034 |
| S-HNI (Max) | 67 | 4,158 | ₹9,85,446 |
| B-HNI (Min) | 68 | 4,221 | ₹10,00,377 |
Incorporated in 2006, GNG Electronics Limited provides refurbishing services for laptops, desktops, and other ICT devices, operating in India and globally (USA, Europe, Africa, UAE).
Operates under the brand “Electronics Bazaar”, offering end-to-end services: sourcing → refurbishment → sales → after-sales support with warranty.
Offerings & Services:
Refurbished Devices: Laptops, desktops, ICT devices.
Value-Added Services: IT asset disposition (ITAD), e-waste management, warranties, doorstep service, on-site installation, flexible payment plans, easy upgrades, assured buyback programs.
Buyback Solutions: Tailored buyback programs for large retailers (e.g., Vijay Sales) and OEM brand stores (HP, Lenovo) to facilitate sale of new devices.
Reach & Network:
Devices sold in 38 countries globally.
Sales network includes 4,154 touchpoints in India and worldwide.
Workforce: 1,194 employees (as of March 31, 2025).
Competitive Strengths:
End-to-end refurbishment and resale ecosystem.
Strong global sales network and brand partnerships.
Expertise in buyback and resale programs for retailers and OEMs.
If you want, I can also create a financial performance snapshot for GNG Electronics similar to the IPO and revenue/PAT trends we summarized for other companies.
Company Financials (Consolidated)
| Assets | 719.46 | 585.82 | 285.5 |
| Total Income | 1,420.37 | 1,143.80 | 662.79 |
| Profit After Tax | 69.03 | 52.31 | 32.43 |
| EBITDA | 126.14 | 84.9 | 50.04 |
| NET Worth | 226.46 | 163.14 | 111.6 |
| Reserves and Surplus | 176.61 | 132.68 | 81.13 |
| Total Borrowing | 446.92 | 322.33 | 152.02 |
Key Performance Indicator (KPI)
| ROE | 30.40% |
| ROCE | 17.31% |
| Debt/Equity | 1.95 |
| RoNW | 30.40% |
| PAT Margin | 4.89% |
| EBITDA Margin | 8.94% |
| Price to Book Value | 10.17 |
IPO Objects of the Issue
| S.No. | Objects of the ipo Resources Detail | IPO Amount |
|---|---|---|
| 1 | Funding capital expenditure requirements for the purchase of equipment/machineries | - |
| 2 | To meet out the expenses of Working Capital Requirement | - |
| 3 | To meet out the General Corporate Purposes; | 46.42 |
| 4 | Offer for Sale (OFS) | - |
Contact Details
GNG Electronics Ltd. Address
Unit No. 415, Hubtown Solaris,
N.S. Phadke Marg,
Andheri (East),
Mumbai, Maharashtra, 400069
+91 22 3123 658
compliance@electronicsbazaar.com
https://www.electronicsbazaar.com/
Detail Registrar
IPO Registrar
Bigshare Services Pvt.Ltd.
+91-22-6263 8200
ipo@bigshareonline.com
https://ipo.bigshareonline.com/IPO_Status.html
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