GNG Electronics IPO Listing Today: 150x Subscription, GMP Indicates 37% Gain
GNG Electronics IPO Listing Today: Shares of GNG Electronics are set for market debut on the bourses today, July 30. The allotment was finalized on July 28, 2025. After the issue witnessed a stellar response across investor categories, with an overall subscription of nearly 148 times, investors are looking ahead of the market debut.
Shares are expected to list on NSE and BSE today around 10:00 am.
GNG Electronics IPO Listing Price Prediction, GMP Today
According to market watchers, GNG Electronics shares are commanding a grey market premium (GMP) of Rs 90 per share. This implies a listing price estimate of Rs 327, nearly 37% higher than the issue price of Rs 237, signalling strong demand in the unlisted space.
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.
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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.
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First Published:
July 30, 2025, 06:52 IST
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