GNG Electronics IPO GMP Today: How To Check Allotment Status Online? A Step-By-Step Guide
GNG Electronics IPO GMP: The grey market premium remains unchanged at 42.19%, indicating strong listing gains for investors. Here's how to check allotment status.
GNG Electronics IPO Allotment Date: The initial public offering of GNG Electronics Ltd, which refurbishes laptops and desktops, has received a 150.21 times subscription on the final day of bidding on Friday. Now, the IPO investors are awaiting the allotment, which will be finalised on Monday, July 28. However, they can check their IPO allotment status on the websites of the BSE and the NSE, as well as registrar Bigshare Services Pvt Ltd.
The IPO's grey market premium on Saturday remained unchanged at 42.19%, indicating strong listing gains for investors.
1. Visit Bigshare's website at https://ipo.bigshareonline.com/ipo_status.html.
2. Select company name 'GNG Electronics' from the drop-down list.
3. Under 'Select Selection Type', choose application ID, beneficiary ID or PAN number.
4. Enter Captcha and hit 'Search' button.
Your allotment status will be displayed now.
Alternatively, the investors can also check the GNG Electronics IPO allotment on the websites of the BSE and NSE.
Visit the BSE IPO Page: Go to https://www.bseindia.com/investors/appli_check.aspx.
Select Issue Type: Choose 'Equity' as the issue type.
Select IPO: From the dropdown menu, select 'GNG Electronics Limited'.
Enter Details: Provide your Application Number or PAN.
Complete CAPTCHA: Tick the 'I'm not a robot" CAPTCHA and click 'Search" to view your allotment status.
Via NSE's Website
The allotment status can also be checked on the NSE's website at https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids.
GNG Electronics IPO Allotment & Listing Dates
The share allotment of the GNG Electronics IPO is expected to be finalised on July 28 (Monday), and the company is expected to be listed on both BSE and NSE on July 30 (Wednesday).
The IPO was opened for subscription between July 23, 2025, and July 25, 2025.
GNG Electronics IPO GMP Today
According to market observers, unlisted shares of GNG Electronics Ltd are currently trading at Rs 337 against the upper IPO price of Rs 237. It means a grey market premium or GMP of Rs 100, which is 42.19% over its issue price, indicating a strong listing.
The GMP is based on market sentiments and keeps changing. 'Grey market premium' indicates investors' readiness to pay more than the issue price.
On the final day of bidding on Friday, the issue received a 150.21 times subscription, garnering bids for 2,08,39,60,116 shares as against the 1,38,73,595 shares on offer. The retail and NII participation stood at 47.36x and 226.44x, respectively. The QIB category has received a 266.21x subscription.
The IPO is a combination of a fresh issue of equity shares aggregating to Rs 400 crore and an offer-for-sale (OFS) of 25.5 lakh equity shares by promoters worth Rs 60.43 crore at the upper-end of the price band. This takes the total issue size to Rs 460.43 crore.
Proceeds of the fresh issue will be utilised for the debt payment, funding working capital requirements and for general corporate purposes.
Half of the issue size has been reserved for qualified institutional buyers, 35 per cent for retail investors and the remaining 15 per cent for non-institutional investors.
Motilal Oswal Investment Advisors, IIFL Capital Services, and JM Financial are the book-running lead managers to the issue. The company is expected to list on the bourses on July 30.
About GNG Electronics
GNG Electronics is one of the leading refurbisher of laptops and desktops with significant presence across India, the US, Europe, Africa, and the UAE.
The company operates under the brand 'Electronics Bazaar', with presence across the full refurbishment value chain from sourcing to refurbishment to sales, to after-sale services and providing warranty.
The company's 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.
Besides, the company is able to offer laptops at one-third price of new devices and other devices like desktops, tablets, servers, premium smart phones, mobile workstations and accessories at 35-50 per cent price of new devices.
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initial public offering (IPO) IPO
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First Published:
July 26, 2025, 09:05 IST
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