GNG Electronics Limited, incorporated in 2006, specializes in refurbishing laptops, desktops, and ICT devices, serving both Indian and global markets. With operations spanning India, the USA, Europe, Africa, and the UAE, the company has established a strong presence under its flagship brand, “Electronics Bazaar.” It offers end-to-end services, from procurement and restoration to distribution and post-purchase services, complete with warranty coverage.
Beyond core refurbishment services, GNG Electronics provides value-added solutions such as IT asset disposition (ITAD), e-waste management, doorstep services, on-site installations, flexible payment options, and upgrade programs. The company also runs assured buyback initiatives, enabling customers to trade in old devices for refurbished or new ICT equipment.
GNG Electronics collaborates with leading retail chains like Vijay Sales and OEM brands such as HP and Lenovo, offering tailored buyback solutions. These programs help retailers and manufacturers drive new device sales while promoting sustainable electronics consumption.
As of March 31, 2025, GNG Electronics has expanded its sales network to 38 countries, supported by 4,154 touchpoints worldwide. This extensive distribution network underscores its leadership in the refurbished electronics market.
The GNG Electronics IPO opens for subscription on July 23, 2025, and closes on July 25, 2025. GNG Electronics plans to raise ₹460.43 crores in total, with ₹400 crores coming from new shares and the remaining through sale of 25.5 lakh existing shares valued at ₹2 face value. The price band is set at ₹225–237 per share, with allocations reserved for QIBs (50%), retail investors (35%), and HNIs (15%). The share allotment will be finalized by July 28, 2025, and the stock is scheduled to list on the BSE and NSE on July 30, 2025.
GNG Electronics reported robust growth, with revenue increasing from ₹1,143.80 crores in 2024 to ₹1,420.37 crores in 2025. Profits also rose significantly, from ₹52.31 crores in 2024 to ₹69.03 crores in 2025, reflecting the company’s strong market position and operational efficiency.
GNG Electronics IPO Details
| IPO Date | July 23, 2025 to July 25, 2025 |
| Listing Date | [.] |
| Face Value | ₹2 per share |
| Issue Price | ₹237 per share |
| Lot Size | 63 Shares |
| Total Issue Size | Approx ₹460.43 Crores |
| Fresh Issue | Approx ₹400.00 Crores |
| Offer for Sale | Approx ₹60.44 Crores |
| Issue Type | Book building IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 9,71,33,880 shares |
| Share Holding Post Issue | 11,40,11,517 shares |
GNG Electronics IPO Dates
Investors can participate in GNG Electronics’ IPO during the subscription window of July 23-25, 2025.
| IPO Open Date | Wed, Jul 23, 2025 |
| IPO Close Date | Fri, Jul 25, 2025 |
| Tentative Allotment | Mon, Jul 28, 2025 |
| Refunds | Tue, Jul 29, 2025 |
| Credit of Shares to Demat | Tue, Jul 29, 2025 |
| IPO Listing Date | Wed, Jul 30, 2025 |
| UPI Mandate Confirmation Deadline | 5 PM on July 25, 2025 |
GNG Electronics IPO Market Lot
The minimum investment for GNG Electronics IPO is set at 63 shares (1 lot) requiring ₹14,931. Retail investors may apply for up to 13 lots (819 shares) totaling ₹1,94,103.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 63 | ₹14,931 |
| Retail Maximum | 13 | 819 | ₹1,94,103 |
| S-HNI Minimum | 14 | 882 | ₹2,09,034 |
| B-HNI Minimum | 67 | 4,221 | ₹10,00,377 |
