GNG Electronics Ltd, the company behind the well-known “Electronics Bazaar” brand, is preparing to launch its Initial Public Offering (IPO) on the mainboard from July 23 to July 25, 2025. The company is looking to raise approximately ₹460.4 crore, with ₹400 crore through fresh issue of shares and ₹60.4 crore via an offer-for-sale (OFS) from promoters. Known for its leadership in refurbished ICT devices and strong sustainability focus, GNG’s IPO has already generated strong buzz in the grey market, suggesting high investor interest.
GNG Electronics IPO Structure and Key Highlights
The IPO comes with a price band of ₹225 to ₹237 per equity share, each having a face value of ₹2. The lot size is 63 shares, meaning the minimum investment required is about ₹14,931 for retail investors.
Here’s how the shares will be distributed:
- Qualified Institutional Buyers (QIBs): up to 50%
- Non-Institutional Investors (NIIs): at least 15%
- Retail Individual Investors (RIIs): at least 35%
GNG Electronics is tapping the capital markets to expand its operations, repay debts, and strengthen its sustainability-driven refurbishment capabilities. Its facilities in Navi Mumbai, Dallas (USA), and Sharjah (UAE) highlight its global presence, catering to markets in India, Europe, Africa, and the United States.
GNG Electronics IPO Grey Market Buzz and Timeline
Even before the IPO hits the markets, Grey Market Premium (GMP) activity indicates high investor enthusiasm. Currently, the IPO is commanding a GMP of ₹74–₹76 per share, suggesting a potential listing gain of around 31% over the upper price band of ₹237.
Here’s a look at the key dates:
- IPO Open: July 23, 2025
- IPO Close: July 25, 2025
- Allotment Finalization: July 28, 2025
- Refunds/Share Credit to Demat: July 29, 2025
- Listing on NSE and BSE: July 30, 2025
While the strong GMP is a positive sign, experts remind investors that GMP is an unofficial indicator and could fluctuate significantly before listing.
Why Investors Are Watching
GNG’s strength lies in its sustainable business model. By refurbishing ICT products and reducing electronic waste, the company not only offers cost-effective tech solutions but also aligns with global environmental goals. The company has seen growing demand across international markets, which adds to its long-term potential.
Analysts believe that GNG’s focus on refurbished electronics, a segment gaining popularity due to affordability and eco-awareness, gives it an edge in a competitive market. If the company continues to execute its vision well post-listing, it could deliver solid long-term returns to shareholders.
Conclusion
GNG Electronics’ upcoming IPO is among the most talked-about listings this July. With a robust business model, strong grey market signals, and global presence, it appeals to both retail and institutional investors. However, IPO aspirants should stay cautious and remember that short-term grey market premiums don’t guarantee future performance.
Keep an eye on allotment results on July 28 and watch how the stock performs on listing day, July 30. This IPO could offer good returns, but informed investment decisions based on fundamentals and risk appetite will be key.
F.A.Q.
– What are the GNG Electronics IPO dates?
The GNG Electronics IPO will open for subscription on July 23, 2025, and will close on July 25, 2025. Allotment will be finalized on July 28, and the listing is expected on July 30, 2025, on both NSE and BSE.
– What is the price band and lot size for the IPO?
The IPO price band is ₹225 to ₹237 per share, and the minimum lot size is 63 shares, requiring a minimum investment of approximately ₹14,931 by retail investor
– How much is GNG Electronics planning to raise from this IPO?
GNG aims to raise around ₹460.4 crore, out of which ₹400 crore will come from fresh issue and ₹60.4 crore via an offer-for-sale (OFS) by promoters.
– What is the current Grey Market Premium (GMP) of the GNG IPO?
As of now, the GNG IPO is trading at a GMP of ₹74–₹76, indicating a potential listing gain of around 31% over the upper price band of ₹237.
– Is it safe to invest based on GMP trends?
While a high GMP indicates strong investor sentiment, GMP is unofficial and speculative. Investors should also evaluate the company’s business model, financials, and long-term growth potential before making a decision.
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