GNG Electronics IPO 2025: Price Band, Dates, Lot Size, Company Details & Listing Information

GNG Electronics IPO 2025: Price Band, Dates, Lot Size, Company Details & Listing Information

GNG Electronics limited IPO is one of the most expected public issues in the month of July 2025. GNG Electronics IPO offers a new investment path to the investors who seek an opportunity in the ICT and refurbishment industry of India. Check out this full, search engine optimized IPO prospect with all the details of the IPO of GNG Electronics, including pin details, company profile, IPO price band, IPO lot size, IPO allotment dates, IPO listing date, and so on.

GNG Electronics IPO Details

  • IPO Opening Date: July 23, 2025 (Wednesday)
  • IPO Closing Date: July 25, 2025 (Friday)
  • Anchor Investors Allotment: July 22, 2025 (Tuesday)
  • Price Band: ₹225 to ₹237 per equity share
  • Face Value: ₹2 per equity share
  • Market Lot: 63 equity shares and multiples thereof
  • Issue Size: ₹460 crore (₹400 crore fresh issue + OFS of 25,50,000 shares)
  • Listing At: BSE and NSE
  • Tentative Listing Date: July 30, 2025 (Wednesday)

GNG Electronics IPO Lot Size

Retail investors can bid for a minimum of 63 shares in one lot. Here’s a breakdown:

  • Minimum Lot: 63 shares
  • Multiples Thereafter: 63 shares

GNG Electronics IPO Reservation

  • Qualified Institutional Buyers (QIB): Not more than 50%
  • Non-Institutional Investors (NII): Not less than 15%
  • Retail Individual Investors (RII): Not less than 35%

GNG Electronics IPO Allotment & Listing Timeline

  • Basis of Allotment: July 28, 2025 (Monday)
  • Initiation of Refunds: July 29, 2025 (Tuesday)
  • Shares Credited to Demat: July 29, 2025 (Tuesday)
  • IPO Listing Date: July 30, 2025 (Wednesday)

GNG Electronics Company Overview

GNG Electronics Limited is considered as the biggest refurbisher of laptops and desktop computers in India and one of the largest refurbisher of ICT equipment across the world. The company uses the famous brand name of Electronics Bazaar.

Global Presence:

  • India: Navi Mumbai in Maharashtra
  • USA: Dallas Texas
  • UAE: Sharjah (3 facilities)

Repair-over-replacement held by the company offers both economic and environmental savings as it helps save electronic waste and carbon emissions.

Business Model

The GNG electronics work on a complete value chain of refurbishment:

  • Acquisition of second hand ICT devices
  • Refurbishment process
  • Selling and distributive
  • Warranty and after sales services

IPO Yield Financial Objective

The net amounts derived (proceeds) in GNG Electronics IPO will be laid down on:

  • Pre payment or early repayment of already existing debt to GNG Electronics Limited and its subsidiary Electronics Bazaar FZC.
  • Corporate overall purposes.

GNG Electronics IPO Lead Managers & Registrar

  • Book Running Lead Managers:
    • Motilal Oswal Investment Advisors
    • IIFL Capital Services
    • JM Financial
  • Registrar: Bigshare Services Pvt Ltd

Listed Peers

As per the Red Herring Prospectus (RHP), Newjaisa Technologies Ltd. is the only listed peer of GNG Electronics in the Indian market.

Why Investors Are Watching GNG Electronics IPO

  • Strong Brand Presence: Operates as Electronics Bazaar
  • Global Operations: Facilities across India, USA, UAE
  • Eco-Friendly Model: Repair-over-replace strategy promotes sustainability
  • Debt Reduction: IPO funds will improve the company’s financial health

Should You Apply for GNG Electronics IPO?

Investors considering applying for the GNG Electronics IPO should assess:

  • Company’s unique market position in ICT refurbishment
  • Strong global presence and brand recognition
  • Financial use of IPO proceeds focusing on debt repayment
  • Current market sentiment and listing premium trends in July 2025 IPOs

For more IPO updates, latest allotment status, and in-depth IPO reviews, visit IPOji.com—your trusted IPO guide.

FAQs About GNG Electronics IPO

Q1: What is the GNG Electronics IPO opening and closing date?

The GNG Electronics IPO opens on July 23, 2025, and closes on July 25, 2025.

Q2: What is the price band for GNG Electronics IPO?

The price band is set between ₹225 to ₹237 per equity share.

Q3: What is the GNG Electronics IPO lot size for retail investors?

The lot size is 63 shares and in multiples thereof.

Q4: When is the GNG Electronics IPO listing date?

The shares are expected to list on BSE and NSE on July 30, 2025.

Q5: Who are the lead managers for the GNG Electronics IPO?

Motilal Oswal Investment Advisors, IIFL Capital Services, and JM Financial.

Q6: What will GNG Electronics use the IPO proceeds for?

The funds will be used for debt repayment and general corporate purposes.

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