GNG Electronics IPO Date, Review, Price, Allotment Details

GNG Electronics IPO Details

GNG Electronics IPO Market Lot

The GNG Electronics IPO minimum market lot is 63 shares with ₹14,931 application amount. The retail investors can apply up-to 13 lots with 819 shares of ₹1,94,103 amount.

GNG Electronics IPO Dates

The GNG Electronics IPO date is 23 July and the close date is 25 July. The GNG Electronics IPO allotment will be finalized on 28 July and the IPO listing on 30 July.

Promoters of GNG Electronics IPO

The promoters of the company are Sharad Khandelwal, Vidhi Sharad Khandelwal, Amiable Electronics Private Limited and Kay Kay Overseas Corporation.

About GNG Electronics IPO

GNG Electronics Limited was founded in 2006, and it has become specialized in refurbishing laptops, desktops, and other ICT devices, providing to domestic and international markets. The company has built a strong presence across India, the USA, Europe, Africa, and the UAE. As of March 31, 2025, their refurbished ICT devices have been sold across a robust sales network spanning 38 countries worldwide. GNG Electronics also offers customized buyback solutions for laptops and desktops, helping large-format retail chains like Vijay Sales and OEM brand stores such as HP India and Lenovo India implement smooth, customer-centric buyback programs that promote the sale of new devices. Operating under the brand name “Electronics Bazaar,” GNG Electronics offers end-to-end solutions encompassing sourcing, refurbishment, sales, after-sales service, and warranty support.

GNG Electronics IPO Company Financial Report

The company reported revenue of ₹1,420.37 crores in 2025 against ₹1,143.80 crores in 2024. The company reported profit of ₹69.03 crores in 2025 against profit of ₹52.31 crores in 2024.

Amount ₹ in Crores

GNG Electronics IPO Valuation – FY2025

Check GNG Electronics IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Peer Group Comparison

Objects of the Issue

• Prepayment and/or repayment, in full or in part, of all or a portion of certain outstanding borrowings availed by our Company and our Material Subsidiary namely, Electronics Bazaar FZC;
• Funding the working capital requirements of our Company; and
• General corporate purposes

GNG Electronics IPO Review

• IPO Watch – May Apply
• Canara Bank –
• DRChoksey FinServ –
• Emkay Global –
• Hem Securities –
• IDBI Capital –
• Marwadi Shares –
• Nirmal Bang –
• SBICAP Securities –
• Sharekhan –
• SMC Global –
• Sushil Finance –
• Swastika Investmart –
• Ventura Securities –
• Geojit –
• Reliance Securities –
• Capital Market –
• BP Wealth –
• ICICIdirect –
• Choice Broking –

GNG Electronics IPO Registrar

Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: https://ipo.bigshareonline.com/IPO_Status.html

IPO Lead Managers aka Merchant Bankers

• Motilal Oswal Investment Advisors Limited
• IIFL Capital Services Limited
• JM Financial Limited

Company Address

GNG Electronics Ltd.
Unit No. 415, Hubtown Solaris,
N.S. Phadke Marg,
Andheri (East),
Mumbai, Maharashtra, 400069
Phone: +91 22 3123 658
Email: [email protected]
Website: https://www.electronicsbazaar.com/

GNG Electronics IPO FAQs