Within the field of electronics, GNG Electronics is a prominent name. The company is planning to raise funds. An Initial Public Offering (IPO) will be provided to execute the funds. Moreover, the company offers customised buyback solutions. They have customers from large retail chains such as Vijay Sales, HP India, and Lenovo India. Continue reading to learn more about the GNG Electronics IPO Date, Price, GMP, and other relevant details related to the issue.
GNG Electronics Company Details
The company was founded in 2006. Today, it has become a recognised name in the business of refurbishing laptops, desktops, and other ICT devices. Here, refurbishing indicates fixing and rebuilding electronics to be sold again. Also, the company supplies these devices to several places across the country. It also supplies different countries outside India. Some of these countries include the USA, Europe, Africa, and the UAE. They have sold products in about 38 countries as of March 2025.
They are also known to buy old vehicles from large retail chains in India. These buyback options aid them in selling new devices easily. Moreover, the company is popular under the name “Electronics Bazaar”. They take care of everything, including sourcing and refurbishing. Additionally, they also take care of selling and providing after-sales support. The services include warranty support. This makes the customers rely on their products in the long run.
GNG Electronics IPO Details
The GNG Electronics IPO Details, such as the open date, close date, among others, are mentioned below. The issue size for GNG Electronics is about Rs. 460.43 crores. Of this, Rs. 400 crores are new funds from the company. Also, the rest include shares provided for sale. Along with this, the company is issuing new shares. The price band for this is Rs. 225 to Rs. 337 per share. A market lot of 63 shares can be bought by investors. Finally, the face value of each share is Rs. 2.
IPO Open Date | 23 July 2025 |
IPO Close Date | 25 July 2025 |
Face Value | Rs. 2 per equity share |
IPO Price Band | Rs. 225 to Rs. 237 per share |
Issue Size | Rs. 460.43 crores (approximately) |
Fresh Issue | Rs. 400 crores |
Offer for Sale | Rs. 25,50,000 equity shares (approximately) |
Issue Type | Book Build Issue |
IPO Listing | NSE & BSE |
Retail Quota | Not more than 35% |
QIB Quota | Not more than 50% |
NII Quota | Not more than 15% |
The GNG Electronics IPO will be available on both the BSE and NSE stock markets. This will make it available for trading. Likewise, the retail quota stands at not more than 35%. It allows smaller investors to buy shares. Along with this, the quota for big investors is upto 50%. Simultaneously, the outstanding 15% is for NII investors. This includes companies or foreign investors.
The allotment basis will be stated on 28 July 2025. This is the basis that decides how many shares will be assigned. Moreover, the refunds will be reimbursed on 29 July 2025. Finally, the shares will be credited into Demat accounts on the same day as well. Thus, the listing date is marked as 30 July 2025.
GNG Electronics IPO Dates
The important dates for GNG Electronics IPO are elucidated below.
IPO Open Date | 23 July 2025 |
IPO Close Date | 25 July 2025 |
Basis of Allotment | 28 July 2025 |
Refunds | 29 July 2025 |
Credit to Demat Account | 29 July 2025 |
IPO Listing Date | 30 July 2025 |
GNG Electronics IPO GMP Live Rates
The live rates for GNG Electronics IPO GMP are elucidated below. The GMP has been rising and falling in the recent few days. It reached a high of Rs. 104 on 23 July 2025. Along with this, GMP was lower on 22 July and 21 July 2025 at Rs. 76. However, it increased significantly after these two days. Hence, it directs a feasible interest from investors before listing.
Date | IPO GMP | GMP Trend | Kosak | Subject to |
25 July | Rs. 102 | GMP Down | Rs. – | Rs. 4800 |
24 July | Rs. 102 | GMP Down | Rs. – | Rs. 4800 |
23 July | Rs. 104 | GMP Up | Rs. – | Rs. 4900 |
22 July | Rs. 76 | GMP Up | Rs. – | Rs. 3700 |
21 July | Rs. 76 | GMP Up | Rs. – | Rs. 3500 |
19 July | Rs. 40 | GMP Up | Rs. – | Rs. – |
18 July | Rs. – | – | Rs. – | Rs. – |
The current Kosak rates are not specified for GNG Electronics. It is shown as Rs. -. This implies that there are no recent deals happening for this. Also, the current Subject to Sauda rate is Rs. 4800. Thus, it shows what some investors are willing to pay or accept for the shares before the actual listing.
The expected returns from investing in this IPO are around 43%. This is based on the current GMP. Thus, it implies that if the share price increases after listing, the investor could have substantial profit. Also, it is a positive sign that several investors are interested.
Future Outlook for GNG Electronics IPO GMP
The future outlook for GNG Electronics IPO GMP indicates that there is a steady investor interest in the company’s potential. The current GMP has been fluctuating around Rs. 102 and has reached a high of Rs. 104. This indicates positive market sentiment in the last few days. Although GMP has shown some fluctuations, the overall trend appears optimistic. This suggests high demand, strong market views and substantial listing gains.