| IPO Date | July 23, 2025 to July 25, 2025 |
| Listing Date | July 30, 2025 |
| Face Value | ₹ 2 / Share |
| Price Band | ₹ 225 to ₹ 237 / Share |
| Lot Size | 63 Shares |
| Total Issue Size | 1,94,27,637 shares (Aggregating up to 460.43) |
| Fresh Issue | 1,68,77,637 shares (Aggregating up to ₹400.00 Cr) |
| Offer for Sale | 25,50,000 shares (Aggregating up to ₹60.44 Cr) |
| Employee Discount | |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 9,71,33,880 shares |
| Share holding post issue | 11,40,11,517 shares |
| Market Maker portion |
GNG Electronics Limited IPO opens on July 23, 2025, and closes on July 25, 2025.
| IPO Open Date | July 23, 2025 |
| IPO Close Date | July 25, 2025 |
| Basis of Allotment | July 28, 2025 |
| Initiation of Refunds | July 29, 2025 |
| Credit of Shares to Demat | July 29, 0020 |
| Listing Date | July 30, 2025 |
| Cut-off time for UPI mandate confirmation | July 25, 2025 |
Investors can bid for a minimum of 63 shares and in multiples thereof. The following table depicts the minimum and maximum investment by individual investors (retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 63 | Rs.14,931 |
| Retail (Max) | 13 | 819 | Rs.194,103 |
| S-HNI (Min) | 14 | 882 | Rs.209,034 |
| S-HNI (Max) | 66 | 4,158 | Rs.985,446 |
| B-HNI (Min) | 67 | 4,221 | Rs.1,000,377 |
| HNI (Min) |
| Share Holding Pre Issue | 95.01 |
| Share Holding Post Issue |
GNG Electronics IPO offers a total 1,94,27,637 shares. Out of which 97,13,818 (50.00%) are allocated to QIB, 38,85,528 (20.00%) are allocated to QIB, 29,14,146 (15.00%) are allocated to NII, 67,99,673 (35.00%) are allocated to RII and 58,28,290 (30.00%) are allocated to anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | |
|
| Market Maker Shares Offered | |
|
| Other Shares Offered | |
|
| QIB Shares Offered | 97,13,818 50.00% |
|
| NII (HNI) Shares Offered | 29,14,146 15.00% |
|
| bNII > ₹10L | |
|
| sNII < ₹10L | |
|
| Retail Shares Offered | 67,99,673 35.00% |
|
| Employee Shares Offered | |
|
| Total Shares Offered | 1,94,27,637 100% |
GNG Electronics IPO raises ₹138.13 crore from anchor investors. The GNG Electronics IPO anchor bid date is July 22, 2025.
| Bid Date | 2025-07-22 |
| Shares Offered | |
| Anchor Portion Size (In Cr.) | 138.13 |
| Anchor lock-in period end date for 50% shares (30 Days) | August 24, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | October 23, 2025 |
Founded in 2006, GNG Electronics Limited offers refurbishing services for laptops, desktops and ICT devices worldwide and in India. The company has a wide geographical reach in India, USA, Europe, Africa and UAE. The company conducts its business under the brand “Electronics Bazaar,” which covers sourcing, refurbishment, retailing, and after-sale services with warranties.
The company offers other value-added services, including ITAD and e-waste management services, warranties, doorstep service, installation and flexible payment options, easy upgrades, assurance and buyback programs, and buyback programs for refurbished ICT devices.
GNG Electronics offers tailor made buyback solutions for laptops and desktops to support large format retail stores (such as Vijay Sales (India) Private Limited (“Vijay Sales”)) and OEM brand stores (for example, HP India Sales Private Limited (“HP”) and Lenovo Global Technology (India) Private Limited (“Lenovo”)) to manage effective customer-friendly buyback programs to aid their sale of new devices.
The market capitalization of GNG Electronics IPO is ₹2702.07 Cr.
| KPI | Values |
|---|---|
| ROE | 30.40% |
| ROCE | 17.31% |
| Debt/Equity | 1.95 |
| RoNW | 30.40% |
| P/BV | 10.17 |
| PAT Margin (%) | 4.89% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 7.11 | 6.05 |
| P/E (x) | 33.35 | 39.14 |
GNG Electronics Limited Unit No. 415, Hubtown Solaris, N.S. Phadke Marg, Andheri (East), Mumbai, Maharashtra, 400069 Phone: +91 22 3123 658 Email: [email protected] Website: https://www.electronicsbazaar.com/ |
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