IPO - Initial Public Offerings

 EBGNG

  

GNG ELECTRONICS LTD. IPO

23 Jul, 10:00 AM

Issue Open

25 Jul, 05:00 PM

Issue Close

63

Lot Size

₹ 225.00 – ₹ 237.00

Price Range

IPO Issue Details

Issue size 460.44 Cr
Market Price 237.00
Registrar Bigshare Services Pvt Ltd
Face Value RS.2 /- Per share
Listing at NSE BSE

About

GNG ELECTRONICS LTD. IPO
Incorporated in 2006, GNG Electronics Limited offers refurbishing services for laptops, desktops and ICT Devices, both globally and in India. The company has a significant presence across India, USA, Europe, Africa and UAE. The company operate under the brand “Electronics Bazaar”, offering sourcing to refurbishment to sales to after– sale services and providing warranty. The company offers other value–added services such as ITAD and e – waste management services, warranties, doorstep service, on-site installation, flexible pay options, easy upgrades, assured buyback programmers and buyback programmers for refurbished ICT Devices. GNG Electronics provides tailored buyback solutions for laptops and desktops to help large format retail stores such as Vijay Sales (India) Private Limited (“Vijay Sales”) and OEM brand stores such as HP India Sales Private Limited (“HP”) and Lenovo Global Technology (India) Private Limited (“Lenovo”) to run efficient, customer–friendly buyback programs facilitating sale of new devices. The company have a sales network with the refurbished ICT Devices being sold in 38 countries as of March 31, 2025. GNG Electronics sales network comprises 4,154 touchpoints in India and globally, as of March 31, 2025. As of March 31, 2025., The company had 1,194 employees.

IPO Lot Size

Category Lots Shares Amount
Retail (Min) 1 63 ₹ 14,931.00
Retail (Max) 13 819 ₹ 1,94,103.00
S-HNI (Min) 14 882 ₹ 2,09,034.00
S-HNI (Max) 66 4158 ₹ 9,85,446.00
B-HNI (Min) 67 4221 ₹ 10,00,377.00

IPO TimeLine

Open Date 23-Jul-2025
Close Date 25-Jul-2025
Basis of Allotment Date 28-Jul-2025
Initiation of Refunds 29-Jul-2025
Credit Shares to Demat A/c 29-Jul-2025
IPO Listing Date 30-Jul-2025