GNG Electronics IPO Allotment Today: The GNG Electronics IPO allotment today has investors buzzing with anticipation. After an overwhelming subscription period, the focus has shifted to checking allotment status, understanding the Grey Market Premium (GMP), and preparing for the likely listing date. If you’re among the thousands who applied for this IPO, you’re likely eager to know whether you secured shares and what to expect when the stock debuts. This article provides a comprehensive, step-by-step guide to navigating the GNG Electronics IPO allotment, along with insights into the GMP and the likely listing date to help you make informed decisions.

What Is the GNG Electronics IPO?

GNG Electronics Limited, operating under the brand Electronics Bazaar, is one of India’s leading refurbishers of laptops, desktops, and ICT devices. Founded in 2006, the company has a robust global presence, serving 38 countries with a focus on sustainability through a repair-over-replacement model. The GNG Electronics IPO, launched on July 23, 2025, and closed on July 25, 2025, raised ₹460.43 crore through a combination of a fresh issue (₹400 crore) and an offer for sale (₹60.44 crore). The IPO was priced between ₹225 and ₹237 per share, with a lot size of 63 shares, requiring a minimum investment of ₹14,931 for retail investors.

The IPO saw an extraordinary subscription rate of 150.21 times, with applications for over 208 crore shares against the 1.41 crore shares offered. Qualified Institutional Buyers (QIBs) led the demand with a 266.21x subscription, followed by Non-Institutional Investors (NIIs) at 226.44x, and retail investors at 47.36x. This overwhelming response signals strong investor confidence in GNG Electronics’ growth potential in the booming refurbished electronics market.

GNG Electronics IPO Allotment Today: How to Check Status

The GNG Electronics IPO allotment today, finalized on July 28, 2025, marks a critical step for investors. Shares are expected to be credited to demat accounts on July 29, 2025, with refunds initiated for non-allotted applicants on the same day. Here’s how you can check status online:

Steps to Check Allotment Status on BSE

• Visit the BSE website: https://www.bseindia.com/investors/appli_check.aspx.
• Select “Equity” under the issue type.
• Choose “GNG Electronics Limited” from the dropdown menu.
• Enter your Application Number or PAN.
• Verify by ticking “I am not a robot” and click “Search.”
• Your allotment status will appear on the screen.

Steps to Check Allotment Status on NSE

• Go to the NSE IPO allotment page: https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids.
• Select “GNG Electronics Limited” from the dropdown.
• Enter your Application Number, PAN, or DP ID.
• Click “Submit” to view your allotment status.

Steps to Check Allotment Status via Bigshare Services

• Visit the registrar’s portal: https://ipo.bigshareonline.com/IPO_Status.html.
• Select “GNG Electronics Limited” from the dropdown.
• Choose an option (PAN, Application Number, or DP ID) and enter the details.
• Click “Search” to check your allotment status.

Checking via Your Broker or Bank

If you applied through a broker or used the ASBA facility, log into your trading account or bank’s net banking portal. Navigate to the IPO section, select “GNG Electronics IPO,” and check your application status. If allotted, shares will appear in your demat account by July 29, 2025.

Due to the high subscription rate, retail investors may face a lottery-based allocation, making it competitive to secure shares. Ensure you have your application details handy to check status promptly.

Grey Market Premium (GMP): What It Indicates

The GMP (Grey Market Premium) for the GNG Electronics IPO has been a key indicator of market sentiment. As of July 29, 2025, the GMP ranges between ₹90 and ₹102, suggesting a listing price of approximately ₹327 to ₹337 per share. This translates to a potential listing gain of 37.97% to 42.19% over the upper price band of ₹237.

Understanding GMP

• What is GMP? The Grey Market Premium reflects the price at which unlisted shares trade in the unofficial market before listing. It’s an indicator of investor demand but isn’t regulated, so it’s not a guaranteed predictor of listing performance.
• GNG Electronics GMP Trend: The GMP has shown an upward trend, rising from ₹40 on July 19 to a high of ₹104 on July 23, settling around ₹94–₹102 by July 29. This reflects strong demand and positive sentiment.
• Implications for Investors: A high GMP suggests robust investor interest, but listing gains depend on market conditions on the likely listing date.

While the GMP is promising, investors should approach it cautiously, as it’s not a definitive measure of listing performance. Consulting the Red Herring Prospectus (RHP) for detailed financials is advisable.

Likely Listing Date and Expected Performance

The likely listing date for GNG Electronics shares is July 30, 2025, when the stock will debut on both the BSE and NSE. Analysts predict a strong listing based on the following factors:

• High Subscription Rate: The 150.21x oversubscription reflects strong demand across all investor categories.
• Robust Financials: GNG Electronics reported revenue of ₹1,411 crore and a net profit of ₹69 crore in FY25, with a return on equity (ROE) exceeding 35%. This marks significant growth from FY22’s revenue of ₹520.5 crore.
• Sector Tailwinds: The refurbished electronics market is projected to grow at a 45% CAGR until FY30, driven by initiatives like “Make in India” and rising consumer demand for sustainable, affordable tech.
• Global Presence: Operating in 38 countries with 4,154 touchpoints, GNG Electronics is well-positioned to capitalize on global demand for refurbished devices.

Analysts like Gaurav Goel from Fynocrat Technologies and Anshul Jain from Lakshmishree Investment recommend subscribing for long-term gains, citing GNG’s scalable business model and alignment with ESG (Environmental, Social, Governance) trends. However, the competitive electronics sector and regulatory challenges could impact margins.

Risks to Consider

While the outlook is positive, investors should be aware of potential risks:

• High Competition: The electronics sector is crowded with domestic and international players, which could pressure profitability.
• GMP Volatility: The grey market is unregulated, and listing gains may not match GMP expectations.
• Regulatory Compliance: Adhering to SEBI norms and other regulations may pose operational challenges.

FAQ Section

GNG Electronics IPO Allotment FAQs

1. When was the GNG Electronics IPO allotment finalized?

The GNG Electronics IPO allotment was finalized on July 28, 2025. This followed the subscription period, which ran from July 23 to July 25, 2025, and saw an overwhelming response with the IPO being subscribed 150.21 times. After the allotment process was completed, the company initiated the process of crediting shares to successful applicants’ demat accounts and processing refunds for those who did not receive an allotment on July 29, 2025.

Investors were able to check their allotment status starting on July 28 through platforms like BSE, NSE, or the registrar’s website, Bigshare Services Pvt Ltd. The high subscription rate indicated strong investor interest, making the timely finalization of allotments a critical step before the shares were listed on July 30, 2025.

2. How can I check the GNG Electronics IPO allotment status online?

Investors can check the GNG Electronics IPO allotment status through multiple platforms, including the BSE, NSE, and Bigshare Services Pvt Ltd websites. To check on the BSE website, visit https://www.bseindia.com/investors/appli_check.aspx, select ‘Equity’ under Issue Type, choose ‘GNG Electronics Limited’ from the dropdown, enter your Application Number or PAN, complete the captcha, and click ‘Search’.

For NSE, go to https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids, select ‘Equity and SME IPO bids’, choose ‘GNG Electronics Limited’, enter your PAN and Application Number, and click ‘Submit’. Alternatively, on the Bigshare Services portal at https://ipo.bigshareonline.com/IPO_Status.html, select ‘GNG Electronics Limited’, choose an identification option (PAN, Application Number, or DP/Client ID), enter the details, and click ‘Search’. These platforms provide a seamless way to verify allotment status, with results displayed instantly.

3. What happens if I didn’t receive an allotment in the GNG Electronics IPO?

If you didn’t receive an allotment in the GNG Electronics IPO, the company initiated refunds on July 29, 2025, following the finalization of the allotment on July 28. Due to the IPO’s oversubscription of 150.21 times, particularly in the retail category (47.36 times), a lottery system was used for allocation, meaning many applicants did not receive shares. Refunds are credited back to the bank account linked to your IPO application, typically through the ASBA (Application Supported by Blocked Amount) process or UPI, depending on your application method.

You may also receive an SMS or email from your bank confirming the refund. If the refund is delayed or not received within a few days, you should contact your bank or the registrar, Bigshare Services Pvt Ltd, at +91-22-6263 8200 or [email protected]. Checking your bank account statement or demat account for updates is also recommended.

4. Why was the GNG Electronics IPO so heavily oversubscribed?

The GNG Electronics IPO was subscribed 150.21 times, receiving applications for over 208 crore shares against the 1.41 crore shares offered. This high demand was driven by several factors. GNG Electronics, operating under the Electronics Bazaar brand, is India’s largest refurbisher of laptops and desktops, with a strong global presence in 38 countries, including the USA, Europe, and UAE. Its robust financial growth, with revenue increasing from ₹659.54 crore in FY23 to ₹1,411.11 crore in FY25 and a profit after tax of ₹69.30 crore in FY25, attracted investors.

Additionally, the grey market premium (GMP) of ₹94–₹100, indicating a potential listing gain of around 40%, fueled enthusiasm. The company’s focus on sustainability, certifications like ISO 9001:2015, and partnerships with brands like HP and Lenovo further boosted investor confidence, particularly among qualified institutional buyers (266.21 times subscription) and non-institutional investors (226.44 times).

5. How were shares allotted in the GNG Electronics IPO for retail investors?

For retail investors, the GNG Electronics IPO reserved 35% of the total shares, with a minimum lot size of 63 shares. Due to the retail category being subscribed 47.36 times, a lottery system was employed to allocate shares fairly. Each retail investor who received an allotment was assigned at least one lot (63 shares), subject to availability. The allotment process was finalized on July 28, 2025, and shares were credited to demat accounts on July 29, 2025.

The high oversubscription meant that not all applicants received shares, and the allocation was proportionate based on the number of applications and shares available in the retail portion. Investors could verify their allotment status using their PAN, Application Number, or DP/Client ID on the BSE, NSE, or Bigshare Services websites. This transparent process ensured compliance with SEBI regulations and equitable distribution.

6. What is the expected listing price of GNG Electronics shares post-IPO?

The expected listing price of GNG Electronics shares was estimated to be around ₹331 per share, based on the grey market premium (GMP) of ₹94–₹100 as of July 28–29, 2025. With the IPO’s upper price band at ₹237, this GMP suggested a listing gain of approximately 39.66% to 42.19%. The strong investor demand, with the IPO subscribed 150.21 times, and the company’s solid financial performance, including a revenue CAGR of 46% from FY23 to FY25, supported this optimistic outlook.

However, the grey market premium is unofficial and subject to market fluctuations, so the actual listing price on July 30, 2025, on BSE and NSE could vary depending on market conditions and investor sentiment. Investors were advised to monitor official exchange data and consult the company’s Red Herring Prospectus for a clearer picture

7. Who is the registrar for the GNG Electronics IPO, and how can I contact them for allotment queries?

The registrar for the GNG Electronics IPO is Bigshare Services Pvt Ltd, responsible for managing the allotment and refund processes. Investors can check their allotment status directly on the registrar’s website at https://ipo.bigshareonline.com/IPO_Status.html by selecting ‘GNG Electronics Limited’ and entering their PAN, Application Number, or DP/Client ID.

For further queries regarding allotment or refunds, you can contact Bigshare Services at their office: 1st Floor, Bharat Tin Works Building, Opp. Vasant Oasis, Makwana Road, Marol, Andheri (East), Mumbai – 400 059. Their contact details are: Phone: +91-22-6263 8200, Email: [email protected]. The registrar’s portal is the most authoritative source for allotment information, and contacting them directly ensures accurate resolution of any issues related to the IPO process.

Conclusion

The GNG Electronics IPO allotment today is a pivotal moment for investors eager to participate in one of India’s leading refurbishers of ICT devices. With a strong subscription rate, promising GMP, and a likely listing date of July 30, 2025, the IPO presents an attractive opportunity for both short-term listing gains and long-term growth. By following the steps outlined to check status on BSE, NSE, or Bigshare Services, you can quickly confirm your allotment. While the GMP signals a potential 37–42% listing gain, investors should remain cautious of market volatility and consult certified financial advisors before making decisions.

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