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Open
23 Jul 2025
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Close
25 Jul 2025
3
Allotment
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Listing
Wed, Jul 30, 2025
Price Band
₹225 to ₹237
Issue Size
1,94,27,637 shares (agg. up to ₹460 Cr)
Lot Size
63 Shares
Listing Date
Wed, Jul 30, 2025
Latest GMP
₹85
Est. Gain
35.86%
✦ AI Insight
GMP Trend
30-07-2025₹85Est. ₹322+35.86%
29-07-2025₹90Est. ₹327+37.97%
28-07-2025₹94Est. ₹331+39.66%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 107.66x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 719.46 | 585.82 | 285.50 |
| Total Income | 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 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Prepayment and/or repayment, in full or in part, of all or a portion of certain outstanding borrowings availed by the Company and the Material Subsidiary namely, Electronics Bazaar FZC | 320.00 |
| 2 | General Corporate Purposes | 46.42 |
| 3 | Issue Expenses | 38.57 |
| Total | 405.00 |
About GNG Electronics 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 programmes and buyback programmes 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 i
Contact Details
GNG Electronics Ltd. AddressUnit No.415, Hubtown SolarisN.S.Phadke MargAndheri (East)Mumbai, Maharashtra, 400069+91 22 3123 658compliance@electronicsbazaar.comVisit Website