GNG Electronics IPO will open for subscription on July 23, 2025, and close on July 25, 2025. It is a Book Built Issue through which the company aims to raise approximately ₹460.43 crores, consisting of a fresh issue of ₹400 crores and an offer for sale of up to 25,50,000 equity shares with a face value of ₹2 each.

The IPO price band is set at ₹225 to ₹237 per share. The investor allocation includes 35% for retail investors, 50% for Qualified Institutional Buyers (QIB), and 15% for High Net-worth Individuals (HNI). The shares are expected to be listed on both BSE and NSE on July 30, 2025, with the allotment date scheduled for July 28, 2025.

In terms of financial performance, the company reported revenue of ₹1,420.37 crores in 2025, up from ₹1,143.80 crores in 2024. Net profit also increased to ₹69.03 crores in 2025 from ₹52.31 crores in 2024. Given the company’s financial growth, the IPO appears to be a suitable option for long-term investment.

About GNG Electronics IPO

Incorporated in 2006, GNG Electronics Limited offers refurbishing services for laptops, desktops and ICT Devices, both globally and in India. The company has a significant presence across India, USA, Europe, Africa and UAE.

The company operate under the brand “Electronics Bazaar”, offering sourcing to refurbishment to sales to after– sale services and providing warranty.

The company offers other value–added services such as ITAD and e – waste management services, warranties, doorstep service, on-site installation, flexible pay options, easy upgrades, assured buyback programmes and buyback programmes for refurbished ICT Devices.

GNG Electronics provides tailored buyback solutions for laptops and desktops to help large format retail stores such as Vijay Sales (India) Private Limited (“Vijay Sales”) and OEM brand stores such as HP India Sales Private Limited (“HP”) and Lenovo Global Technology (India) Private Limited (“Lenovo”) to run efficient, customer–friendly buyback programs facilitating sale of new devices.

The company have a sales network with the refurbished ICT Devices being sold in 38 countries as of March 31, 2025. GNG Electronics sales network comprises 4,154 touchpoints in India and globally, as of March 31, 2025.