The GNG Electronics IPO began on 23 July 2025. It will close on 25 July 2025. The Total IPO Size is 460.43 Crores. The company set its IPO price at 237 Rs Per Share.
There are three basic categories in GNG Electronics IPO Subscription 1) Qualified Institutional Buyers, 2) Non-Institutional Investors 3) Retail.
GNG Electronics is India’s largest refurbisher of laptops and desktops and among the largest refurbishers of ICT Devices overall, both globally and in India, with significant presence across India, USA, Europe, Africa and UAE.
They follow a repair-over-replacement approach, which provides cost advantages and helps achieve true sustainability by reducing carbon footprint and also the IT asset disposal partner for India’s second–largest software company.
They operate under the brand “Electronics Bazaar”, with presence across the full refurbishment value chain, i.e., from sourcing to refurbishment to sales, to after–sales services and providing warranty.
GNG Electronics IPO Promoters
Sharad Khandelwal, Vidhi Sharad Khandelwal, Amiable Electronics Private Limited and Kay Kay Overseas Corporation are Promoters of the company.
GNG Electronics IPO Date, Details & Price Band
The GNG Electronics IPO Price Band, IPO Dates, Market lot, and other details are mentioned in the table below.
| IPO Opening Dates | 23-July-2025 |
| IPO Closing Dates | 25-July-2025 |
| Price | 225-237 Rs |
| Fresh Issue | 400.00 Crores |
| Offer for Sale | 60.44 Crores |
| Total IPO size | 460.43 Crores |
| Face Value | 2 INR Per Share |
| Issue Type | Book Built Issue |
| QIB Allocation | 50% |
| HNI Allocation | 15% |
| Retail Allocation | 35% |
| Listing On | NSE, BSE |
GNG Electronics IPO Market Lot
The GNG Electronics IPO minimum market lot is 63 shares with a 14,931 ₹ Amount per application.
| Lot | No of Shares | Amount | |
| Retail Minimum | 1 | 63 | 14,931 ₹ |
| Retail Maximum | 13 | 819 | 1,94,103 ₹ |
| S-HNI Minimum | 14 | 882 | 2,09,034 ₹ |
| S-HNI Maximum | 66 | 4,158 | 9,85,446 ₹ |
| B-HNI Minimum | 67 | 4,221 | 10,00,377 ₹ |
Restated Consolidated Financial Information (Amt. in Crore)
| Total Assets | Total Revenue | Profit After Tax | |
| 31-Mar-25 | 719.46 | 1,420.37 | 69.03 |
| 31-Mar-24 | 585.82 | 1,143.80 | 52.31 |
| 31-Mar-23 | 285.50 | 662.79 | 32.43 |
GNG Electronics IPO GMP & Grey Market Premium
GNG Electronics IPO GMP Grey market premium has started today. Check the Latest GNG Electronics IPO GMP, Kostak Rates, and Subject to Sauda Price here.
GNG Electronics IPO Prospectus
GNG Electronics IPO Prospectus is Available on the NSE/BSE and Sebi Website as well as on our Portal. Please click here to download the GNG Electronics IPO Prospectus.
| DRHP | Download |
| RHP | Download |
| Anchor Investor List | Download |
GNG Electronics IPO Allotment Date & Details
| Allotment Date | 28-July-2025 |
| Initiation of refunds | 29-July-2025 |
| Transfer of shares to Demat accounts | 29-July-2025 |
| Listing Date | 30-July-2025 |
| Check Allotment Status | Click here |
Registrar of GNG Electronics
Bigshare Services Private Limited
Office No. S6-2, 6th Floor, Pinnacle Business Park,
Mahakali Caves Road, Next to Ahura Centre,
Andheri (East), Mumbai – 400 093
Maharashtra, India
Telephone: +91 22 62638200
E-mail: [email protected]
Website: www.bigshareonline.com
Investor Grievance ID: [email protected]
Contact person: Vinayak Morbale
SEBI Registration No.: INR000001385
GNG Electronics Contact Details
GNG Electronics Ltd.
Unit No. 415, Hubtown Solaris,
N.S. Phadke Marg,
Andheri (East),
Mumbai, Maharashtra, 400069
Phone: +91 22 3123 658
Email: [email protected]
Website: https://www.electronicsbazaar.com/
GNG Electronics IPO Lead Managers
IIFL Capital Services Limited (formerly known as IIFL
Securities Limited)
24th Floor, One Lodha Place,
Senapati Bapat Marg Lower Parel (West)
Mumbai – 400 013, Maharashtra, India
Telephone: + 91 22 4646 4728
E-mail: [email protected]
Website: www.iiflcap.com
Investor Grievance ID: [email protected]
Contact person: Dhruv Bhavsar / Pawan Kumar Jain
SEBI Registration No.: INM000010940
JM Financial Limited
7th Floor, Cnergy, Appa Saheb Marathe Marg
Prabhadevi, Mumbai 400 051
Maharashtra, India
Tel.: (+91 22) 6630 3030
E-mail: [email protected]
Investor Grievance E-mail: [email protected]
Website: www.jmfl.com
Contact person: Prachee Dhuri
SEBI Registration No.: INM000010361
Motilal Oswal Investment Advisors Limited
Motilal Oswal Tower, Rahimtullah Sayani Road,
Opposite Parel,ST Depot, Prabhadevi, Mumbai – 400 025
Maharashtra, India
Telephone: +91 22 7193 4380
E-mail: [email protected]
Website: www.motilaloswalgroup.com
Investor grievance e-mail:
[email protected]
Contact person: Ritu Sharma/ Ronak Shah
SEBI registration no.: INM000011005
