GNG Electronics Ltd. IPO

Min Investment
₹ 14,931 / 63 shares
Price Range
₹225 - ₹ 237
Bidding Dates
23 Jul '25 - 25 Jul '25
Total Issue Value
460.44 Cr
Lot Size
63
Total Issue Size
460.44 Cr
Listing At
BSE, NSE
Subscription
108.93 times
BSE Price
306.60 (29.37%)
NSE Price
307.65 (29.81%)

IPO Timeline

  • 23 Jul 2025
    Bidding Starts
  • 25 Jul 2025
    Bidding Ends
  • 28 Jul 2025
    Allotment Finalization
  • 30 Jul 2025
    Listing

About GNG Electronics Ltd.

We are 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, in terms of value, as of March 31, 2025 (Source: 1Lattice Report). We operate ... Read more

Parent organisation
Founded
GNG Electronics Ltd.
2006

GNG Electronics Ltd. IPO Reservation

Investors Category Shares Offered
Anchor Investors 58,28,291 (30%)
Non Institutional Investors 29,14,146 (15%)
Qualified Institutional Buyers (QIBs) 38,85,528 (20%)
Retail Individual Investors (RIIs) 67,99,673 (35%)

GNG Electronics Ltd. Financial Information

Year End Revenue PAT Reserves & Surplus
31 Mar 2025 721.93 Cr 18.62 Cr 70.94 Cr
31 Mar 2024 593.69 Cr 10.67 Cr 77.88 Cr
31 Mar 2023 452.39 Cr 8.86 Cr 67.64 Cr

GNG Electronics Ltd. Background

Major Events And Milestones
  • 2016
    Started operations at our facility in Mumbai, India, spread across 1,200 square feet
  • 2017
    Established operations at our Sharjah, UAE facility spread across 4,305.56 square feet
  • 2018
    Extended our operation facility to 21,969 square feet facility in Nerul, Navi Mumbai
  • 2022
    Expanded our Sharjah, UAE facility to an additional 4,305.56 square feet
    Crossed ₹5,000 million in turnover
  • 2023
    Expanded our operations in Juhinagar, Navi Mumbai, to a warehouse spread across 25,600 square feet.
    Expanded two additional facilities of 6,458.35 square feet each (total of 12,916.70 square feet), bringing our combined total facilities in Saif Zone, covering 21,527.82 square feet
  • 2024
    Established operations at our Dallas, Texas, USA facility spread across 11,000 square feet
GNG Electronics Ltd. Object of Issues

1. 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
2. General corporate purposes

GNG Electronics Ltd. IPO Listing Details
Listing Date
30 Jul 2025
BSE Script Code
GNGELECTRO
NSE Symbol
GNGELECTRO
ISIN
INE18JU01028
Final Issue Price
₹ 237
GNG Electronics Ltd. Listing Day Trading Information
Pricing Details BSE NSE
Issue Price ₹ 237.00 ₹ 237.00
Open ₹ 350.00 ₹ 355.00
Low ₹ 325.35 ₹ 325.55
High ₹ 364.00 ₹ 359.40
Last Trade ₹ 333.50 ₹ 333.39
GNG Electronics Ltd. Company Promoters

1. Sharad Khandelwal
2. Vidhi Sharad Khandelwal
3. Kay Kay Overseas Corporation
4. Amiable Electronics Private Limited.

Industry Overview

The global used and refurbished electronics market comprises of electronics that are either resold ‘as-is’ or after being refurbished. Unlike electronics that are sold ‘as-is’, refurbished electronics undergo thorough inspection and repairs, ensuring they meet certain ... Read more

GNG Electronics Ltd. IPO Registrar
Bigshare Services Pvt. Ltd.
S6-2, 6th Floor, Pinnacle Business Park, Mahakali Caves Road, Next to Ahura Centre, Andheri East, Mumbai Maharashtra - 400093
62638200
GNG Electronics Ltd. IPO Lead Manager(s)
IIFL Capital Services Limited
24th Floor, One Lodha Place Senapati Bapat Marg Lower Parel (West), Mumbai Maharashtra - 400013
46464728

FAQs

When does GNG Electronics Ltd. IPO opens and closes?

GNG Electronics Ltd. IPO opens from 23rd July to 25th July 2025.

What is the size of GNG Electronics Ltd. IPO?

The size of the GNG Electronics Ltd. IPO is ₹460.44 Cr.

What is the price range of GNG Electronics Ltd. IPO?

The price range of GNG Electronics Ltd. IPO is at ₹225 to ₹237 per share.

What is the minimum investment and lot size required for the GNG Electronics Ltd. IPO?

The minimum investment required is ₹14,931 and minimum lot size is 63 shares.

When is GNG Electronics Ltd. IPO listing date?

The GNG Electronics Ltd. IPO will be listed on 30th July 2025.

What is the objective of GNG Electronics Ltd. IPO?

1. 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
2. General corporate purposes

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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