GNG Electronics IPO Will Open On July 23, 2025 And Close On July 25, 2025.The ₹ 460.43 Cr. IPO Is A Book Build Issue, Consisting Entirely of A Fresh Issue and offer for Sale . GNG Electronics IPO Price Band Is Set At ₹225 To ₹237 Per Share.
The Allotment will Be Finalized On July 28, 2025 and Listing date is Expected on The NSE BSE By 30, Jul 2025. Investor Quota like 50% QIB, 35% Retail, and 15% HNI Category.
Financial Year 2025 Company Posted a Revenue of ₹1,420.37 Cr. and A Net Profit of ₹69.03 Cr. Showing Strong Growth From The Previous Year. Based On Financial, The IPO Looks Promising For Long-term Investors.
About GNG Electronics Limited
Our Company was originally incorporated on October 19, 2006 as s “GNG Electronics Limited” We operate under the brand “Electronics Bazaar”, with presence across the full refurbishment value chain i.e., from sourcing to refurbishment to sales, to after sale services and providing warranty.
We solve customers’ requirement of affordable, reliable and premium ICT Devices which are as good as new devices, both functionally and aesthetically, and are backed by proven warranty. We also provide tailor made solutions for our customers.
Our comprehensive process of refurbishment of ICT Devices such as laptops, desktops, tablets, servers, premium smartphones, mobile workstations and accessories ensures that such devices are similar to new, in terms of both performance and aesthetics, and able to offer laptops at one-third price of new devices and other devices like desktops, tablets, servers, premium smartphones, mobile workstations and accessories.
We provide 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.
we offer a wide range of stock keeping units (“SKUs”) and as of March 31, 2025, our portfolio included 5,840 SKUs.
We have sales network with our refurbished ICT Devices being sold in 38 countries as of March 31, 2025. Our sales network comprises 4,154 touchpoints, in India and globally, as of March 31, 2025.
GNG Electronics IPO Dates & Price Band Details
| IPO Open Date | July 23, 2025 |
|---|---|
| IPO Close Date | July 25, 2025 |
| IPO Price Band | ₹225 to ₹237 per share |
| Face Value | ₹2 per equity share |
| Lot Size | 63 Shares |
| Minimum Investment | ₹14,931 Thousand (for 1 lot at ₹237) |
| IPO Issue Type | Book Built Issue |
| IPO Issue Size | 1,94,27,637shares (Approx ₹460.43 Cr) |
| Fresh Issue | 1,68,77,637 shares (Approx ₹400.00 Cr) |
| Offer For Sale | 25,50,000 shares (Approx ₹60.44 Cr) |
| Retail Investor Quota | 35% |
| QIB Quota | 50% |
| NII (HNI) Quota | 15% |
| Listing Exchange | NSE BSE |
| Anchor Investor List | Click Here |
| DRHP (Draft Prospectus) | Click Here |
| RHP (Final Prospectus) | Click Here |
GNG Electronics IPO Market Lot Size
The Minimum Lot Size For The Indogulf Cropsciences IPO is 63 Shares, Requiring An Application Amount of ₹14,931 For Retail Investors. Investors Must Apply in Multiples of The Lot Size.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 63 | ₹14,931 |
| Retail (Max) | 13 | 819 | ₹1,94,103 |
| S-HNI (Min) | 14 | 882 | ₹2,09,034 |
| S-HNI (Max) | 66 | 4,158 | ₹9,85,446 |
| B-HNI (Min) | 67 | 4,221 | ₹10,00,377 |
Objects Of The Issue
1. 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.
2. General corporate purposes.
GNG Electronics IPO Allotment & Listing Dates
GNG Electronics IPO Will Open on July 23 and Close on July 25, 2025. The allotment is Expected on July 28, With the Listing Scheduled on NSE BSE For Jul 30, 2025 (More information below table).
| Anchor Investor Bidding | Tue July 22, 2025 |
|---|---|
| IPO Opens | Wed, Jul 23, 2025 |
| IPO Closes | Fri, Jul 25, 2025 |
| Allotment Finalisation | Mon, Jul 28, 2025 |
| Refunds / Unblocking | Tue, Jul 29, 2025 |
| Shares Credited to Demat | Tue, Jul 29, 2025 |
| Listing Date | Wed, Jul 30, 2025 |
GNG Electronics IPO Financial Report (FY 2025)
GNG Electronics Reported a total Revenue of ₹1,420.37 Cr. in FY 2025, Slightly up From ₹1,143.80 Cr. in FY 2024. The Company Net Profit Also Rose to ₹69.03 Cr. From ₹52.31 Cr. in the Previous Year Showing Consistent Financial Growth Ahead of its IPO. (More information below table).
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 719.46 | 585.82 | 285.50 |
| Revenue | 1,420.37 | 1,143.80 | 662.79 |
| Profit After Tax | 69.03 | 52.31 | 32.43 |
| EBITDA | 126.14 | 84.90 | 50.04 |
| Net Worth | 226.46 | 163.14 | 111.60 |
| Reserves and Surplus | 176.61 | 132.68 | 81.13 |
| Total Borrowing | 446.92 | 322.33 | 152.02 |
| Amount in ₹ Crore |
GNG Electronics IPO Valuation Report – FY 2025 (KPI)
Check Detailed GNG Electronics IPO Valuation Metrics for FY 2025, including EPS, P/E Ratio, RoNW, NAV, ROCE, and other key financial indicators. These Ratios help Investors Assess the Company financial Health & Valuation Before applying for The IPO. (More information below table).
| KPI | Value |
|---|---|
| Return on Equity (ROE) | 30.40% |
| Return on Capital Employed (ROCE) | 17.31% |
| EBITDA Margin | 8.94% |
| PAT Margin | 4.89% |
| Debt-to-Equity Ratio | 1.95 |
| Earnings Per Share (EPS) | 7.09 |
| Price to Earnings Ratio (P/E) | 33.42 |
| Return on Net Worth (RoNW) | 30.40% |
| Net Asset Value (NAV) | 23.31 |
Qualitative Factors
- India’s largest refurbisher of laptops and desktops and among the largest refurbishers of ICT devices overall, both globally and in India.
- We are a company with domestic and international operations with five refurbishing facilities across India, USA and UAE.
- Strong global supply chain, established sourcing base with long tail of vendors and wide customer base.
- Well – established refurbishing capabilities and state – of – art infrastructure, with focus on quality.
- Well positioned to harness global shift to sustainability and growing focus on ESG.
- Experienced management team and qualified personnel with significant industry experience.
- Track record of profitability and consistent financial performance.
Our Company Promoters
- Sharad Khandelwal,
- Vidhi Sharad Khandelwal
- Kay Kay Overseas Corporation .
- Amiable Electronics Private Limited .
Comparison With Industry Peers
| Name of the Company | Face Value (Per share) | CMP July 3, 2025 | EPS (Rs) | P/E Ratio | RONW (%) | NAV (Rs. Per share) | Revenue from operatio ns (in ₹ million) |
|---|---|---|---|---|---|---|---|
| GNG Electronics Limited | 2 | - | 7.09 | 33.42 | 30.40 | 23.31 | 14,203.67 |
| Newjaisa Technologies Limited | 5 | 37.90 | (0.32) | 63.18 | (1.45) | 22.09 | 664.46 |
Also Read – GNG Electronics IPO GMP Today, Grey Market Premium Live
GNG Electronics Company Contact Details
Office: Unit No. 305-310, Plot No 9, 10 and 11,
Vardhman Trade Centre, Nehru Place,
South Delhi, Delhi – 110 019, India
Tel: +91 83840 62876
E-mail: companysecretary@sworks.co.in.
Website: www.smartworksoffice.com
GNG Electronics Lead Manager
Motilal Oswal Investment Advisors Limited
Motilal Oswal Tower, Rahimtullah Sayani Road,
Opposite Parel,ST Depot, Prabhadevi, Mumbai – 400 025
Maharashtra, India
Telephone: +91 22 7193 4380
E-mail: gngelectronics.ipo@motilaloswal.com
Website: www.motilaloswalgroup.com
IIFL Capital Services Limited
24th Floor, One Lodha Place,
Senapati Bapat Marg Lower Parel (West)
Mumbai – 400 013, Maharashtra, India
Telephone: + 91 22 4646 4728
E-mail: gngelectronics.ipo@iiflcap.com
Website: www.iiflcap.com
JM Financial Limited
7th Floor, Cnergy,Appasaheb Marathe Marg,
Prabhadevi, Mumbai – 400 025,
Maharashtra, India
Telephone: +91 22 6630 3030
E-mail: gngelectronics.ipo@jmfl.com
Website: www.jmfl.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
Website: www.bigshareonline.com
GNG Electronics IPO FAQs
Question 1: What is the GNG Electronics IPO?
Answer 1: GNG Electronics IPO is a Mainboard IPO of 1,94,27,637 equity shares of the face value of ₹2 approximately up to ₹460.43 Cr. The issue is price at ₹225 to ₹237 per share.
The GNG Electronics IPO opens on 23 July 2025 and closes on 25 July 2025.
Bigshare Services Private Limited is the registrar for the IPO. The shares to be listed on NSE BSE.
Question 2: How to apply in GNG Electronics IPO through Groww?
Answer 2: Groww customers can apply online in GNG Electronics IPO using UPI as a payment gateway. Groww customers can apply in GNG Electronics IPO by login into Groww (back office) and submitting an IPO application form.
Steps to apply in GNG Electronics IPO through Groww –
- Visit the Groww website and login to Groww.
- Go to Main Page and click the Products & tools and click IPO tab.
- New page Open and Show ‘GNG Electronics IPO’ click the ‘Apply’ button.
- Show IPO detail Shares lot Size and Bid Price & click here to Cutoff Price check Box and Continue.
- Inter Your UPI id like . 95****299@kotak accept terms and condition click Box and Apply For IPO
- groww share payment link Your UPI Mobile Number Pay Payment for IPO Bid to approve the e-mandate successfully submit application .
Question 3: When GNG Electronics IPO will open?
Answer 3: The GNG Electronics IPO opens on July 23, 2025 and closes on July 25, 2025.
Question 4: What is the lot size of GNG Electronics IPO?
Answer 4: GNG Electronics IPO lot size and the minimum order quantity is 63 Shares.
Question 5: How to apply for GNG Electronics IPO?
Answer 5: You can apply in GNG Electronics IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services. Read more detail about applying IPO online through Groww, Zerodha, Upstox, 5Paisa, Phonepe Share Market, HDFC Bank, and Angel one.
Question 6: When is GNG Electronics IPO allotment date?
Answer 6: The Basis of Allotment for GNG Electronics IPO will be on Mon, 23 July 2025, and the allotted shares will be credited to your demat account by, 29 July 2025. For Check the GNG Electronics IPO allotment status.
Question 7: When is GNG Electronics IPO listing date?
Answer 7: The GNG Electronics IPO listing date is 30 July 2025. The date of GNG Electronics IPO listing on Wed 30, Jul 2025.
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