GNG Electronics IPO Details: The GNG Electronics IPO will open for subscription on July 23, 2025, and close on July 25, 2025. This is a Book Built Issue, with the company aiming to raise approximately ₹460.43 crores. The IPO comprises a fresh issue of ₹400 crores and an offer for sale (OFS) of up to 25.50 lakh equity shares, each with a face value of ₹2.
The price band for the IPO is set at ₹225 to ₹237 per share. The allocation for investors is divided as follows: 50% for Qualified Institutional Buyers (QIBs), 15% for Non-Institutional Investors (HNIs), and 35% for Retail Individual Investors.
The basis of allotment is expected on July 28, 2025, and the company is scheduled to be listed on both BSE and NSE on July 30, 2025.
Financial Performance
In FY 2025, GNG Electronics reported a revenue of ₹1,420.37 crores, up from ₹1,143.80 crores in FY 2024. Net profit also increased to ₹69.03 crores in 2025, compared to ₹52.31 crores in 2024.
Considering the company’s strong financial growth and performance, the IPO appears promising for investors with a long-term investment horizon.
GNG Electronics IPO Objectives:
- Prepayment and/or repayment, in full or in part, of all or a portion of certain outstanding borrowings availed by our Company and our Material Subsidiary namely, Electronics Bazaar FZC;
- Funding the working capital requirements of our Company; and
- General corporate purposes
GNG Electronics IPO Review (Apply or Not)
- Update soon
GNG Electronics IPO Date & Price Band Details:
| IPO Open Date: | July 23, 2025 |
| IPO Close Date: | July 25, 2025 |
| Face Value: | ₹2 Per Equity Share |
| IPO Price Band: | ₹225 to ₹237 Per Share |
| Issue Size: | Approx ₹460.43 Crores |
| Fresh Issue: | Approx ₹400 Crores |
| Offer for Sale: | Approx 25,50,000 Equity Shares |
| Issue Type: | Book Build Issue |
| IPO Listing: | BSE & NSE |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
GNG Electronics IPO Lot Size:
The minimum lot size for the GNG Electronics IPO is 63 shares, requiring an application amount of ₹14,931. Retail investors can apply for up to 13 lots, totaling 819 shares for a maximum investment of ₹1,94,103.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 63 | ₹14,931 |
| Retail Maximum | 13 | 819 | ₹1,94,103 |
| S-HNI Minimum | 14 | 882 | ₹2,09,034 |
| B-HNI Minimum | 67 | 4,221 | ₹10,00,377 |
GNG Electronics IPO Allotment & Listing Date (Details)
The GNG Electronics IPO will open on July 23 and close on July 25, 2025. The basis of allotment is expected to be finalized on July 28, with the listing scheduled for July 30, 2025, on the BSE and NSE.
| IPO Open Date: | July 23, 2025 |
| IPO Close Date: | July 25, 2025 |
| Basis of Allotment: | July 28, 2025 |
| Refunds: | July 29, 2025 |
| Credit to Demat Account: | July 29, 2025 |
| IPO Listing Date: | July 30, 2025 |
GNG Electronics IPO GMP Today:
The Grey Market Premium (GMP) for the GNG Electronics IPO has not started yet. We update GMP data regularly—please check back soon for the latest updates.
Promoters of GNG Electronics IPO
The promoters of the company are Sharad Khandelwal, Vidhi Sharad Khandelwal, Amiable Electronics Private Limited and Kay Kay Overseas Corporation.
About GNG Electronics IPO
Established in 2006, GNG Electronics Limited specializes in refurbishing laptops, desktops, and ICT devices, catering to both the domestic and international markets. The company has a strong global footprint with operations spanning India, the USA, Europe, Africa, and the UAE.
GNG Electronics operates under its flagship brand, “Electronics Bazaar,” offering end-to-end services—right from sourcing and refurbishing to sales, after-sales support, and warranty services.
In addition to refurbishment, the company provides a range of value-added services, including:
- IT Asset Disposition (ITAD) and e-waste management
- Warranty solutions
- Doorstep service and on-site installation
- Flexible payment options and easy upgrade plans
- Assured buyback programs for refurbished ICT devices
GNG Electronics also offers customized buyback solutions for laptops and desktops, supporting major retailers and OEMs such as Vijay Sales, HP India, and Lenovo India in running customer-centric buyback schemes that drive the sale of new devices.
As of March 31, 2025, the company has built a robust global distribution network, with its refurbished ICT devices sold in 38 countries. GNG’s sales network includes over 4,154 touchpoints across India and abroad. The company employs 1,194 professionals as of the same date.
GNG Electronics IPO Company Financial Report
The company reported revenue of ₹1,420.37 crores in 2025 against ₹1,143.80 crores in 2024. The company reported profit of ₹69.03 crores in 2025 against profit of ₹52.31 crores in 2024.
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ₹521.92 | ₹497.67 | ₹21.77 | ₹194.71 |
| 2023 | ₹662.79 | ₹627.37 | ₹32.43 | ₹285.50 |
| 2024 | ₹1,143.80 | ₹1,086.47 | ₹52.31 | ₹585.82 |
| 2025 | ₹1,420.37 | ₹1,342.02 | ₹69.03 | ₹719.46 |
GNG Electronics IPO Valuation – FY2025
Check GNG Electronics IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 30.40% |
| ROCE: | 17.31% |
| EBITDA Margin: | 8.94% |
| PAT Margin: | 4.89% |
| Debt to equity ratio: | 1.92 |
| Earning Per Share (EPS): | ₹7.09 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 30.40% |
| Net Asset Value (NAV): | ₹23.31 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Newjaisa Technologies Limited | (0.32) | NA | (1.45) | 22.09 | 66.45 Cr. |
GNG Electronics IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
IPO Lead Managers aka Merchant Bankers
- Motilal Oswal Investment Advisors Limited
- IIFL Capital Services Limited
- JM Financial Limited
Company Address
GNG Electronics Ltd.
Unit No. 415, Hubtown Solaris,
N.S. Phadke Marg,
Andheri (East),
Mumbai, Maharashtra, 400069
Phone: +91 22 3123 658
Email: compliance@electronicsbazaar.com
Website: https://www.electronicsbazaar.com/
GNG Electronics IPO – Frequently Asked Questions (FAQs)
What is the GNG Electronics IPO?
GNG Electronics IPO is a Mainboard public offering through which the company aims to raise ₹460.43 crores. The price band is set at ₹225 to ₹237 per equity share, and the IPO will be listed on both BSE and NSE.
When will the GNG Electronics IPO open for subscription?
The IPO will open for subscription on July 23, 2025, and close on July 25, 2025. It will be available for QIBs, NIIs, and Retail Investors.
What is the investor quota for the GNG Electronics IPO?
- Qualified Institutional Buyers (QIB): 50%
- Non-Institutional Investors (NII/HNI): 15%
- Retail Investors: 35%
How can I apply for the GNG Electronics IPO?
You can apply through the ASBA facility available in your bank’s net banking. Alternatively, you can use the UPI option via stockbrokers or apply offline by submitting a physical IPO application form through your broker.
What is the issue size of the GNG Electronics IPO?
The total issue size is ₹460.43 crores, which includes a fresh issue of ₹400 crores and an offer for sale of 25.50 lakh equity shares.
What is the price band for the GNG Electronics IPO?
The IPO is priced in the range of ₹225 to ₹237 per share.
What is the minimum lot size for the GNG Electronics IPO?
Retail investors can apply for a minimum of 63 shares, amounting to ₹14,931. You can apply for up to 13 lots (819 shares).
What is the allotment date for the GNG Electronics IPO?
The basis of allotment is expected to be finalized on July 28, 2025.
When will the GNG Electronics IPO be listed?
The shares are scheduled to be listed on July 30, 2025, on both BSE and NSE.
