GNG Electronics Limited is going to launch its IPO on July 23, 2025, the objective of raising 460.43 crores from the market. The closing date of the IPO is July 25, 2025, and it will be listed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) on July 30, 2025.
About company
GNG Electronics Limited started operations in October 2006 as GNG Electronics Private Limited in Mumbai, Maharashtra. It became a public company and adopted the name GNG Electronics Limited in October–November 2024.
GNG Electronics Limited offers a wide range of electronic products and services. The company focuses on the refurbishment, sale, and distribution of ICT products, especially refurbished laptops, desktops, and accessories under its brand Electronics Bazaar.
Key Offerings of GNG Electronics Limited:
- Refurbished Laptops and Desktops
The company tests, repairs, and sells reliable refurbished computers at affordable prices. - IT Accessories and Peripherals
GNG Electronics offers keyboards, mice, chargers, power cords, and other computer accessories. - E-commerce Platform – Electronics Bazaar
It runs a dedicated online platform where customers can easily buy refurbished laptops and electronics. - B2B Solutions
GNG supplies bulk ICT products to schools, businesses, and government institutions. - Sustainability through Refurbishment
The company promotes eco-friendly practices by reducing e-waste and extending the life of used electronics.
GNG Electronics serves various industries such as consumer electronics, automotive, and telecom. It follows strict quality standards and uses advanced technology to deliver reliable and durable products. The company also exports its products to international markets, expanding its global footprint.
IPO details of GNG Electronics
| IPO Date | 23 July 2025 to 25 July 2025 |
| Offer Price | 225 to 237 per share |
| Lot Size | 63 Share |
| Max Retail Subscription (In Rs.) | 5 lakhs |
| Face Value | 2 per share |
| Issue Size (In Cr.) | 460.43 |
| Issue Type | Book Building |
| Listing In | NSE, BSE |
Investor category allocation of GNG Electronics IPO
| Investor category | Shares Offered | Allocation % |
| QIBs | 97,13,255 | 50% |
| Retail Individuals | 67,99,289 | 35% |
| NIIs/HNIs | 29,13,967 | 15% |
| Total | 1,94,26,511 | 100% |
GNG Electronics (IPO Schedule):
| IPO Open Date | 23 July 2025 |
| IPO Close Date | 25 July 2025 |
| UPI Mandate deadline | 25 July 2025 (5 PM) |
| Allotment Date | 28 July 2025 |
| Refund Initiation | 29 July 2025 |
| Demat Transfer | 29 July 2025 |
| Listing Date | 30 July 2025 |
Financial Information of GNG Electronics IPO
| Financial End | March 2023 | March 2024 | March 2025 |
| Total Assets (In Cr.) | 285.5 | 585.82 | 719.46 |
| Revenue (In Cr.) | 662.79 | 1143.8 | 1420.37 |
| Profit After Tax (In Cr.) | 32.43 | 52.31 | 69.03 |
| Net Worth (In Cr.) | 111.6 | 163.14 | 226.46 |
Objective of GNG Electronics IPO
- 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; and
- General corporate purposes.
Prospectus of GNG Electronics IPO
List of Promoters
- Sharad Khandelwal
- Vidhi Sharad Khandelwal
- Kay Kay Overseas Corporation
- Amiable Electronics Private Limited
Registered Address of GNG Electronics IPO
GNG Electronics Limited
Unit No. 415, Hubtown Solaris,
N.S. Phadke Marg, Andheri (East),
Mumbai – 400069, Maharashtra, India.
Telephone: +91 22 3123 6588
Email id: compliance@electronicsbazaar.com
Website: www.electronicsbazaar.com
GNG Electronics IPO Registrar
Bigshare Services Private Limited
Office No. S6-2, 6th Floor, Pinnacle Business Park,
Mahakali Caves Road, Next to Ahura Centre,
Andheri (East), Mumbai – 400 093
Maharashtra, India
Telephone: +91 22 62638200
E-mail: ipo@bigshareonline.com
Investor grievance E-mail: investor@bigshareonline.com
Website: www.bigshareonline.com
GNG Electronics IPO Lead Manager
Motilal Oswal Investment Advisors Limited
IIFL Capital Services Limited
JM Financial Limited
FAQs
Q. What is GNG Electronics IPO?
A. GNG Electronics IPO is a Regular IPO. The IPO is to be listed on NSE, BSE.
Q. When GNG Electronics IPO will open for subscription?
A. The IPO is to open on 23 July 2025. The IPO will close on 25 July 2025.
Q. What is GNG Electronics IPO Issue Size?
A. GNG Electronics IPO issue size is 460.43 crores.
Q. What is GNG Electronics IPO Price Band?
A. GNG Electronics IPO Price Band is 225 to 237.
Q. What is GNG Electronics IPO Lot Size?
A. The minimum bid is 63 Shares with 14,931 amount.
Q. What is the GNG Electronics IPO Allotment Date?
A. GNG Electronics IPO allotment date is 28 July 2025.
Q. What is the GNG Electronics IPO Listing Date?
A. GNG Electronics IPO listing date is 30 July 2025.
Visit our website for the latest IPO updates and other financial information.