GNG Electronics Limited, a leading name in India’s refurbished electronics industry, has successfully completed its initial public offering (IPO), attracting widespread attention from retail and institutional investors. Known for operating an electronics marketplace platform, the company provides refurbished laptops and desktops and serves both domestic and international markets, including the US, Europe, Africa, and the UAE.
This article provides a complete overview of the IPO journey of GNG Electronics, including grey market premium (GMP) trends, investor reaction and how to check your allotment status.
GNG Electronics Ltd Company Overview
GNG Electronics has established itself as a leader in India’s circular economy segment. With the growing demand for affordable computing devices and the increasing trend towards sustainability, the company’s model of refurbishing and reselling electronics has gained popularity. Its strong operational base and international reach offer a unique value proposition for investors looking for scalable, future-ready businesses.
GNG Electronics Ltd IPO Details
- IPO Size: ₹460.43 crore
- Price Band: ₹237 per share
- Lot Size: 63 shares
- Minimum Investment (Retail): ₹14,931
- Issue Type: Book Built Issue
- Listing Exchanges: BSE and NSE
- IPO Open Date: July 23, 2025
- IPO Close Date: July 25, 2025
- Registrar: Bigshare Services Pvt Ltd
GNG Electronics Ltd Subscription Figures
The GNG Electronics IPO witnessed extraordinary demand, oversubscribed many times over across all categories:
- Qualified Institutional Buyers (QIBs): ~266 times
- Non-Institutional Investors (NIIs): ~227 times
- Retail Investors: ~47 times
- Total Subscription: Approximately 150 times
GNG Electronics Ltd Grey Market Premium (GMP) Update
The grey market premium—an unofficial yet closely tracked indicator of expected listing performance—has remained strong throughout the IPO period.
- Latest GMP (as of July 28, 2025): ₹94
- Expected Listing Price: ₹237 (issue price) + ₹94 (GMP) = ₹331
- Potential Listing Gain: Around 40 percent
Although GMP is not a guaranteed predictor of the listing price, it often reflects investor sentiment and demand-supply dynamics prevailing in the pre-listing stage.
GNG Electronics Ltd IPO Allotment Status and Important Dates
The allotment of shares of GNG Electronics has been finalised. Investors can now check whether they have received shares based on their application or not.
- Allotment Finalized On: July 28, 2025
- Shares Credited to Demat Account: July 29, 2025
- Refunds (for unallocated investors): July 29, 2025
- Expected Listing Date: July 30, 2025
How to Check GNG Electronics IPO Allotment Status
Here are three ways investors can check their GNG Electronics IPO Allotment Status:
1. Through Bigshare Services (Registrar)
- Visit the official website: https://ipo.bigshareonline.com
- Select “GNG Electronics Ltd” from the dropdown
- Enter your PAN number, application number, or DP/Client ID
- Submit the details to view the allotment status
2. Through BSE Website
- Go to https://www.bseindia.com/investors/appli_check.aspx
- Select “Equity” as the issue type and choose “GNG Electronics Ltd”
- Enter your application number and PAN
- Click on “Search” to see the result
3. Through NSE Website
- Visit https://www.nseindia.com
- Navigate to the IPO allotment status section (login may be required)
- Provide PAN and other relevant details to check status
Conclusion
GNG Electronics Limited has made a stellar debut in the IPO space. With its robust business model, commitment to sustainability and excellent market timing, it has attracted the attention of investors across sectors. Strong premiums and heavy oversubscription in the grey market indicate strong listing prospects.
Investors who have received allotment may consider holding the stock for the long term, given the growth potential of the company. Investors who have not received allotment may keep an eye on the stock post listing for future entry depending on market movements.
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