GNG Electronics Ltd has released the allotment status for its ₹460.43 crore IPO today. After recording an extraordinary 150x overall subscription, the issue is expected to list with a premium of nearly 40%, as indicated by its grey market premium.
GNG Electronics Ltd, based in Mumbai, operates under the brand Electronics Bazaar and is a key player in the refurbished electronics sector. The company provides full-stack services from sourcing and refurbishment to final retail sales and after-service. With operations spanning 38 countries and over 4,000 customer touchpoints, GNG positions itself at the intersection of technology and the circular economy.
The IPO received overwhelming demand across all investor categories:
- Qualified Institutional Buyers (QIBs): 266.21x
- Non-Institutional Investors (NIIs): 226.44x
- Retail Investors: 47.36x
On the back of this strong participation, GNG’s shares are trading at a grey market premium (GMP) of ₹95 over the issue price of ₹237, signaling high confidence in its listing performance. The shares are scheduled to list on July 30, 2025, on both the BSE and NSE.
Also Read: GNG Electronics Powers Into Markets With ₹460 Cr IPO
Investors who applied can now check if they’ve been allotted shares using one of the following methods:
How to Check GNG Electronics IPO Allotment Status
- Via Bigshare Services (IPO Registrar):
- Visit the Bigshare IPO Allotment Portal
- Select ‘GNG Electronics’ from the dropdown
- Enter your PAN, Application Number, or DP/Client ID
- Submit to view your allotment status
- Visit the Bigshare IPO Allotment Portal
- Via BSE India Website:
- Go to the BSE Allotment Status Page
- Choose ‘Equity’
- Select ‘GNG Electronics’ from the list
- Enter your Application Number and PAN
- Click ‘Search’
- Go to the BSE Allotment Status Page
Successful allottees will have shares credited to their Demat accounts by July 29, while refunds for non-allottees will also be initiated the same day.
Also Read: Massive Demand: GNG Electronics IPO Ends Soon as GMP Hits ₹100
GNG’s IPO is seen as a standout among 2025 listings, reflecting investor optimism in the growing refurbished electronics and circular economy ecosystem.
IPO Key Details:
- Company: GNG Electronics Ltd
- IPO Size: ₹460.43 crore
- Issue Price: ₹237 per share
- GMP (Grey Market Premium): ~₹95 per share
- Expected Listing Gain: ~40%
- Subscription Levels: 150x overall
- Allotment Date: July 24, 2025
- Demat Credit & Refund Date: July 29, 2025
- Listing Date: July 30, 2025
- Exchanges: BSE and NSE
- IPO Registrar: Bigshare Services Pvt Ltd
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