Latest news with #GNGElectronicsLimited
Business Upturn
2 days ago
- Business
- Business Upturn
GNG Electronics makes strong debut, lists at Rs 355 on NSE with 49.79% premium over IPO price
GNG Electronics Limited began trading on the BSE on July 30, 2025, with an impressive listing at ₹355 per share, a 49.79% premium over its IPO issue price of ₹237. The stock is listed under the 'B Group' equity segment with the symbol EBGNG and BSE code 544455. It carries a face value of ₹2 per share and is identified by the ISIN INE18JU01028. The robust debut reflects strong investor confidence in the company's future prospects and reinforces the positive sentiment around SME IPOs. Disclaimer: This article is for informational purposes only and does not constitute investment advice. The views expressed are based on publicly available data and should not be considered as a recommendation to buy or sell securities. Ahmedabad Plane Crash News desk at
Mint
4 days ago
- Business
- Mint
GNG Electronics IPO allotment date likely today. GMP, steps to check share allotment status online
GNG Electronics IPO Allotment: The initial public offering (IPO) of laptops refurbishing company GNG Electronics Ltd ended last week with strong demand from investors. The focus now shifts towards GNG Electronics IPO allotment date, which is expected to be today. The public issue was launched on July 23 and closed on July 25. GNG Electronics IPO allotment date is likely today, 28 July 2025, while the IPO listing date is expected to be July 30. GNG Electronics IPO allotment status is expected to be finalised soon. Once the company fixes the GNG Electronics IPO allotment status, it will credit the equity shares into the demat accounts of eligible allotment holders on July 29, and initiate refunds to unsuccessful bidders on the same day. GNG Electronics IPO allotment status online check can be done through the websites of BSE and NSE, and also on the official portal of the IPO registrar. Bigshare Services Pvt Ltd is the GNG Electronics IPO registrar. Investors must follow a few steps mentioned below to check GNG Electronics IPO allotment status online. Here's how to check GNG Electronics IPO allotment status online: Step 2] Select 'Equity' in the Issue Type Step 3] Choose 'GNG Electronics Limited' in the Issue Name dropdown menu Step 4] Enter either Application No. or PAN Step 5] Verify by ticking on 'I am not robot' and click on 'Search' Your GNG Electronics IPO allotment status will be displayed on the screen. Step 2] Select 'Equity and SME IPO bids' Step 3] Choose 'GNG Electronics Limited' from the Issue Name dropdown menu Step 4] Enter your PAN and Application Number Your GNG Electronics IPO allotment status will be displayed on the screen. Step 1] Visit the web portal of Bigshare Services here - Step 2] Select 'GNG Electronics Limited' in the Select Company dropbox Step 3] Choose among - Application Number/CAF No, Beneficiary ID, or PAN Step 4] Enter the details as per the option selected Step 5] Fill the captcha and hit on 'Search' Your GNG Electronics IPO allotment status will be displayed on the screen. GNG Electronics shares are showing a decent demand in the unlisted market with a strong grey market premium (GMP). According to market experts, GNG Electronics IPO GMP today is ₹ 94 per share. This means that in the grey market, GNG Electronics shares are trading higher by ₹ 100 apiece than their issue price. GNG Electronics IPO GMP today signals that the estimated listing price of GNG Electronics shares would be ₹ 331 apiece, which is at a premium of nearly 40% to the IPO price of ₹ 237 per share. GNG Electronics IPO was open from July 23 to July 25. GNG Electronics IPO allotment date is likely today, 28 July 2025, and the IPO listing date is July 30. GNG Electronics shares will be listed on both the stock exchanges, BSE and NSE. The company raised ₹ 460.43 crore from the book-building issue at the fixed IPO price band of ₹ 237 per share. GNG Electronics IPO was a combination of fresh issue of 1.69 crore equity shares worth ₹ 400 crore, and an offer-for-sale (OFS) portion of 25.5 lakh equity shares aggregating to ₹ 60.44 crore. GNG Electronics IPO has been subscribed 147.93 times in total, NSE subscription status data showed. The public issue was booked 46.84 times in the retail category, and 266.21 times in the Qualified Institutional Buyers (QIB) category. The Non-Institutional Investors (NII) portion received 227.67 times subscription. Motilal Oswal Investment Advisors is the book-running lead manager of the GNG Electronics IPO, while Bigshare Services Pvt Ltd is the IPO registrar. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Mint
6 days ago
- Business
- Mint
GNG Electronics IPO allotment date soon. Latest GMP, steps to check share allotment status online
GNG Electronics IPO Allotment: The initial public offering (IPO) of laptop refurbishing company GNG Electronics IPO Ltd has received stellar demand from investors. As the subscription period has ended, focus now shifts towards the GNG Electronics IPO allotment date, which is likely today. In case of any delay, the GNG Electronics IPO Allotment can be expected on Monday. The public issue was open from July 23 to 25. GNG Electronics IPO allotment date is likely 28 July 2025, Monday. With the T+3 day listing rule, GNG Electronics IPO listing date is expected to be July 30. The company will finalise the GNG Electronics IPO allotment status soon. Once the GNG Electronics IPO allotment status is fixed, the company will then credit the equity shares into the demat accounts of eligible allotment holders on July 29, and initiate refunds to unsuccessful bidders on the same day. Investors can check GNG Electronics IPO allotment status online through the websites of BSE and NSE, along with the official portal of the IPO registrar. Bigshare Services Pvt Ltd is the GNG Electronics IPO registrar. GNG Electronics IPO allotment status online check can be done by following a few steps mentioned below. Here's how to check GNG Electronics IPO allotment status online: Step 2] Select 'Equity' in the Issue Type Step 3] Choose 'GNG Electronics Limited' in the Issue Name dropdown menu Step 4] Enter either Application No. or PAN Step 5] Verify by ticking on 'I am not robot' and click on 'Search' Your GNG Electronics IPO allotment status will be displayed on the screen. Step 2] Select 'Equity and SME IPO bids' Step 3] Choose 'GNG Electronics Limited' from the Issue Name dropdown menu Step 4] Enter your PAN and Application Number Your GNG Electronics IPO allotment status will be displayed on the screen. Step 1] Visit the web portal of Bigshare Services here - Step 2] Select 'GNG Electronics Limited' in the Select Company dropbox Step 3] Choose among - Application Number/CAF No, Beneficiary ID, or PAN Step 4] Enter the details as per the option selected Step 5] Fill the captcha and hit on 'Search' Your GNG Electronics IPO allotment status will be displayed on the screen. GNG Electronics shares are witnessing a strong demand in the unlisted market and are trading with a hefty grey market premium (GMP). GNG Electronics IPO GMP today is ₹ 100 per share, stock market experts said. This means that in the grey market, GNG Electronics shares are trading higher by ₹ 100 apiece than their issue price. GNG Electronics IPO GMP today indicates that the estimated listing price of GNG Electronics shares would be ₹ 337 apiece, which is at 42.19% premium to the IPO price of ₹ 237 per share. The public issue opened for subscription on July 23, and closed on July 25. GNG Electronics IPO allotment date is likely July 28, and the IPO listing date is expected to be July 30. GNG Electronics shares will be listed on both the stock exchanges, BSE and NSE. GNG Electronics IPO price band was set at ₹ 237 per share. The company raised ₹ 460.43 crore from the book-building issue, which was a combination of fresh issue of 1.69 crore equity shares worth ₹ 400 crore, and an offer-for-sale (OFS) portion of 25.5 lakh equity shares aggregating to ₹ 60.44 crore. GNG Electronics IPO has been subscribed 147.93 times in total, NSE subscription status data showed. The public issue was booked 46.84 times in the retail category, and 266.21 times in the Qualified Institutional Buyers (QIB) category. The Non-Institutional Investors (NII) portion received 227.67 times subscription. Motilal Oswal Investment Advisors is the book-running lead manager of the GNG Electronics IPO, while Bigshare Services Pvt Ltd is the IPO registrar. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Mint
18-07-2025
- Business
- Mint
GNG Electronics IPO: Price band set at ₹225-237 per share; check key dates, issue details, more
The GNG Electronics Limited IPO price band has been fixed in the range of ₹ 225 to ₹ 237 per equity share of the face value of ₹ 2. The GNG Electronics IPO date of subscription is scheduled for Wednesday, July 23 and will close on Friday, July 25. The allocation to anchor investors for the GNG Electronics IPO is scheduled to take place on Tuesday, July 22. The GNG Electronics IPO lot size is 63 equity shares and in multiples of 63 equity shares thereafter. GNG Electronics IPO has reserved not more than 50% of the shares in the public issue for qualified institutional buyers (QIB), not less than 15% for non-institutional Institutional Investors (NII), and not less than 35% of the offer is reserved for retail investors. Tentatively, GNG Electronics IPO basis of allotment of shares will be finalised on Monday, July 28 and the company will initiate refunds on Tuesday, July 29 while the shares will be credited to the demat account of allottees on the same day following refund. GNG Electronics share price is likely to be listed on BSE and NSE on Wednesday, July 30. GNG Electronics IPO, which is worth ₹ 460 crore, comprises a fresh issue of ₹ 400 crore, and an offer-for-sale (OFS) of 25,50,000 equity shares by the promoters selling shareholders. The GNG Electronics IPO plan aims to allocate the net proceeds from the offering for various purposes, which include the prepayment and/or repayment, either fully or partially, of some of the outstanding debts incurred by the Company and its significant subsidiary, Electronics Bazaar FZC; along with general corporate needs. Motilal Oswal Investment Advisors, IIFL Capital Services, and JM Financial is the book-running lead manager of the GNG Electronics IPO, while Bigshare Services Pvt Ltd is the registrar for the issue. The firm is the largest refurbisher of laptops and desktops in India and ranks among the leading global refurbishers of ICT devices, with a strong presence in India, the USA, Europe, Africa, and the UAE, based on the 1Lattice Report as of March 31, 2025. The company adopts a repair-over-replacement strategy, which not only offers cost benefits but also promotes genuine sustainability by minimizing carbon emissions. Operating under the brand 'Electronics Bazaar,' the company engages in the complete refurbishment value chain, which includes sourcing, refurbishment, sales, after-sales services, and warranty provisions. With operations both domestically and internationally, the company has five refurbishing facilities located in India, the USA, and the UAE. These include one facility in Navi Mumbai, Maharashtra, India, one in Dallas, Texas, USA, and three in Sharjah, UAE. According to the red herring prospectus (RHP), the only listed peer of the company is Newjaisa Technologies Ltd.
Mint
18-07-2025
- Business
- Mint
GNG Electronics IPO: Price band set at ₹225-237 per share; check key dates, issue details, more
The GNG Electronics Limited IPO price band has been fixed in the range of ₹ 225 to ₹ 237 per equity share of the face value of ₹ 2. The GNG Electronics IPO date of subscription is scheduled for Wednesday, Jul 23 and will close on Friday, July 25. The allocation to anchor investors for the GNG Electronics IPO is scheduled to take place on Tuesday, July 22. The GNG Electronics IPO lot size is 63 equity shares and in multiples of 63 equity shares thereafter. GNG Electronics IPO has reserved not more than 50% of the shares in the public issue for qualified institutional buyers (QIB), not less than 15% for non-institutional Institutional Investors (NII), and not less than 35% of the offer is reserved for retail investors. Tentatively, GNG Electronics IPO basis of allotment of shares will be finalised on Monday, July 28 and the company will initiate refunds on Tuesday, July 29 while the shares will be credited to the demat account of allottees on the same day following refund. GNG Electronics share price is likely to be listed on BSE and NSE on Wednesday, July 30. GNG Electronics IPO, which is worth ₹ 460 crore, comprises a fresh issue of ₹ 400 crore, and an offer-for-sale (OFS) of 25,50,000 equity shares by the promoters selling shareholders. The GNG Electronics IPO plan aims to allocate the net proceeds from the offering for various purposes, which include the prepayment and/or repayment, either fully or partially, of some of the outstanding debts incurred by the Company and its significant subsidiary, Electronics Bazaar FZC; along with general corporate needs. Motilal Oswal Investment Advisors, IIFL Capital Services, and JM Financial is the book-running lead manager of the GNG Electronics IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.
