GNG Electronics Ltd
Price Range
₹225 - ₹237
-
Min. Quantity
63
Closes on
25 July 2025
-
Min. investment
₹14,931/819 Shares
GNG Electronics Ltd IPO Timeline
GNG Electronics Limited was originally incorporated as 'GNG Electronics Private Limited' dated October 19, 2006, issued by the Registrar of Companies, Maharashtra at Mumbai. Subsequently, Company's status converted from a Private to Public Company, and following this, the name of the Company was changed to 'GNG Electronics Limited' and a fresh Certificate of Incorporation was issued by RoC, on November 20, 2024.
| Event | Date |
|---|---|
| GNG Electronics Ltd IPO Opening Date | 23 July 2025 |
| GNG Electronics Ltd IPO Closing Date | 25 July 2025 |
| Basis of Allotment | 28 July 2025 |
| Initiation of Refunds | 29 July 2025 |
| Credit of Shares to Demat | 29 July 2025 |
| GNG Electronics Ltd IPO Listing Date | 30 July 2025 |
GNG Electronics Ltd IPO Details
| GNG Electronics Ltd IPO Date | 23 July 2025 to 25 July 2025 |
| GNG Electronics Ltd IPO Face Value | ₹2 per share |
| GNG Electronics Ltd IPO Price | ₹225 to ₹237 per share |
| GNG Electronics Ltd IPO Lot Size | 63 |
| Issue Size | Shares of ₹2 (aggregating up to ₹457.38 Cr) |
| Fresh Issue | Shares of ₹2 (aggregating up to ₹400 Cr) |
| Offer for Sale | Shares of ₹2 (aggregating up to ₹60.44 Cr) |
| Issue Type | (Book Built Portion) |
| Listing At | BSE, NSE |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Sharad Khandwal, Vidhi Sharad Khandwal, Kay Kay Overseas Corporation |
GNG Electronics Ltd IPO Lot Size
The GNG Electronics Ltd IPO lot size is 63 shares. A retail-individual investor can apply for up to 13 lots (819 shares or ₹1,94,103).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 63 | ₹14,931 |
| Maximum | 13 | 819 | ₹1,94,103 |
- Strengths
- Risks
- Opportunities
- India's largest refurbisher of laptops and desktops and among the largest refurbishers of ICT devices overall, both globally and in India.
- We are a company with domestic and international operations with five refurbishing facilities across India, USA and UAE.
- Strong global supply chain, established sourcing base with long tail of vendors and wide customer base.
- Well - established refurbishing capabilities and state - of - art infrastructure, with focus on quality.
- Well positioned to harness global shift to sustainability and growing focus on ESG.
- Experienced management team and qualified personnel with significant industry experience.
- Track record of profitability and consistent financial performance.
Company Financials
GNG Electronics Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2025 | 340.05 | 721.93 | 18.62 |
| 03-2024 | 346.48 | 593.69 | 10.67 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Prepayment and/or repayment in full or in part of all or a portion of certain outstanding borrowings availed by the company and its material subsidiary namely Electronics Bazaar FZC
- General corporate purposes
GNG Electronics Ltd IPO Promoter Holding
| Pre Issue Share Holding | 18.5% |
| Post Issue Share Holding | 15.73% |
GNG Electronics Ltd IPO Subscription Status (Bidding Detail)
The GNG Electronics Ltd IPO is subscribed 0 times on 25 July 2025 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | - |
GNG Electronics Ltd IPO Prospectus
GNG Electronics Ltd IPO Listing Date
| BSE Script | - |
| NSE Symbol | - |
| Listing In | BSE, NSE |
| ISIN | INE18JU01028 |
| IPO Price | ₹0 |
| Face Value | ₹2 |
Company Contact Information
Unit No 415 Hubtown SolarisN S Phadke Marg Andheri (East),Mumbai-400069
Phone: +91 22 3123 6588
Email: compliance@electronicsbazaar.com
Website: www.electronicsbazaar.com
GNG Electronics Ltd IPO Registrar
GNG Electronics Ltd IPO Lead Manager(s)
- Motilal Oswal Investment Advisors Ltd
- IIFL Capital Services Ltd
- JM Financial Ltd
FAQ
What is the issue size of GNG Electronics Ltd IPO?
I have pre-applied for GNG Electronics Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.