GNG Electronics IPO Subscription Status – IPO Closed

GNG Electronics IPO subscription status started on Wednesday July 23, 2025 and will close on July 25, 2025. GNG Electronics IPO to raise around ₹460.43 crores via IPO. The retail quota is 35%, QIB is 50% and NII is 15%. The price band is fixed at ₹225 to ₹237 per equity share.

Table of Contents

The GNG Electronics IPO minimum market lot is 63 shares with ₹14,931 application amount. The GNG Electronics IPO is a Mainboard IPO, and it is to be listed on BSE, NSE.

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.


IPOWatch View

We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.

GNG Electronics IPO Subscription Status – Day 3

CategoryDay 1Day 2Day 3
QIB1.682.21266.21
NII18.8668.70226.44
bNII18.2871.60264.14
sNII22.6372.44182.52
RII9.3124.0947.36
Total9.2027.55150.21


GNG Electronics IPO Investor Categories

  • Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
  • Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
  • Retail Individual Investors (RII): Retail Individual Investors or NRIs
  • Employee (EMP): Eligible Employees
  • Others: Eligible Shareholders

GNG Electronics IPO Review and Rating

  • May Apply For Long-term View

GNG Electronics IPO Form

How to apply for the GNG Electronics IPO? You can apply for GNG Electronics IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the GNG Electronics IPO in the Invest section. The other option is you can apply for GNG Electronics IPO via IPO forms downloaded online. Check out the Asston Pharmaceuticals forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.

GNG Electronics IPO Subscription Status FAQs:


When GNG Electronics IPO Subscription will start?

The IPO subscription starts on July 23, 2025 for QIB, NII, and Retail Investors.

How to subscribe GNG Electronics IPO?

You can go with ASBA and Non-ASBA options for a subscription. Go to your bank account and apply for IPO online via ASBA or download the form online or get the physical form and submit the filled form to your broker or bank.

How do I check live GNG Electronics IPO Subscription Numbers Today?

One can visit our portal for live IPO subscription numbers that we are updating hourly basis from the official websites. One can check the live subscription on official websites on the particular IPO page.

How to Apply the GNG Electronics IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Asston Pharmaceuticals “. Click on Bid Button. Enter your UPI ID, Quantity and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the GNG Electronics IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Asston Pharmaceuticals “. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the GNG Electronics IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Asston Pharmaceuticals ” Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

Disclaimer: This content is provided strictly for educational and informational purposes. The securities or investments mentioned are not to be considered as investment advice or recommendations. The Investors are advised to do their own research or connect with a financial advisor before making any investment decisions.