GNG Electronics IPO Allotment Status

GNG Electronics Limited, incorporated in 2006, offers refurbishing services for laptops, desktops and ICT Devices both globally and in India with significant presence across India, USA, Europe, Africa and UAE, operating under the brand "Electronics Bazaar" offering sourcing to refurbishment to sales to after-sale services and providing warranty, offering 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 programmes and buyback programmes for refurbished ICT Devices, providing tailored buyback solutions for laptops and desktops to help large format retail stores such as Vijay Sales and OEM brand stores such as HP and Lenovo to run efficient customer-friendly buyback programs facilitating sale of new devices, having sales network with refurbished ICT Devices being sold in 38 countries with sales network comprising 4,154 touchpoints in India and globally, employing 1,194 employees as of March 31, 2025.

The GNG Electronics IPO comes with a total issue size of ₹460.43 crore, comprising a combination of fresh issue of 1.69 crore shares aggregating to ₹400.00 crores and offer for sale of 0.26 crore shares aggregating to ₹60.44 crores. The IPO opened on July 23, 2025, and closed on July 25, 2025. The allotment for the GNG Electronics IPO is expected to be finalized on Monday, July 28, 2025. The GNG Electronics share price is set at ₹237 per share (fixed price).

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Steps to Check GNG Electronics IPO Allotment Status on Registrar Site

• Visit the Bigshare Services Pvt Ltd website 
• Select "GNG Electronics" from the dropdown menu on the allotment status page
• Enter your PAN ID, Demat Account Number, or Application Number in the designated field
• Complete the captcha verification process and click on the "Submit" button to view your allotment status

Steps to Check GNG Electronics IPO Allotment Status on BSE 

• Navigate to the BSE IPO Allotment Status Page
• Select the issue type: equity/debt
• Choose "GNG Electronics" from the list of active IPOs in the dropdown menu
• Input your Application Number and PAN ID in the required fields
• Verify the captcha and click "Search" to check your allotment status

GNG Electronics IPO Subscription Status

GNG Electronics IPO received exceptional investor interest, being subscribed 150.21 times overall. The subscription showed overwhelming confidence across all categories in the GNG Electronics stock price potential. Here is a category-wise breakdown of the subscription as of 5:04:44 PM on July 25, 2025:

• Retail Category: 47.36 times
• Non-Institutional Investors (NII): 226.44 times
• QIB Category: 266.21 times

GNG Electronics Share Price and Investment Details

The GNG Electronics stock price is set at ₹237 per share (fixed price) with a minimum lot size of 63 shares. The minimum investment required for retail investors is ₹14,931 for 1 lot (63 shares), while sNII investors need to invest a minimum of ₹2,09,034 for 14 lots (882 shares) and bNII investors need ₹10,00,377 for 67 lots (4,221 shares).

Given the exceptional subscription response of 150.21 times overall, with all categories being heavily oversubscribed including QIB at 266.21 times, NII at 226.44 times, and retail at 47.36 times, the GNG Electronics share price is expected to list at significant premium.

Utilisation of IPO Proceeds

The funds raised through the IPO will be utilised as follows:

• Repayment of Outstanding Borrowings: ₹320.00 crore
• General Corporate Purposes: Remaining amount

Business Overview

The company operates in refurbishing services for laptops, desktops and ICT devices having been in this business since 2006, serving as numero uno Indian player for refurbished IT devices providing related services globally. GNG Electronics operates primarily in the refurbished ICT devices sector, providing comprehensive services from sourcing to refurbishment to sales to after-sale services under the "Electronics Bazaar" brand with extensive sales network across 38 countries comprising 4,154 touchpoints globally, offering value-added services including ITAD and e-waste management, warranties, doorstep service, on-site installation, and tailored buyback solutions for large format retail stores and OEM brand stores with significant presence across India, USA, Europe, Africa and UAE.