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GNG Electronics IPO Subscription

Listed

Updated 30 July 2025, 9:15 AM IST· Mainboard

GNG Electronics IPO subscription closed on 25 July 2025 at 150.21x overall by shares. QIB demand came in at 266.21x, NII at 226.44x, and retail at 47.36x. See Retail, SHNI, and BHNI allotment chances in the table below.

Allotment date is 28 July 2025. Listing date on NSE and BSE is 30 July 2025.

Issue Price
Rs 237.00
GMP Today
Rs 90.00 (+37.97%)
Overall Sub
150.21x
Issue Size
₹460.43 Cr
Allotment
28 Jul 2025
Listing
30 Jul 2025

GNG Electronics IPO Day-wise Subscription

Daily QIB, NII, Retail, and overall subscription as bids come in

DayQIBNIIRetailOverall
Day 1 - 23 Jul 20251.68x18.86x9.31x9.20x
Day 2 - 24 Jul 20252.21x68.70x24.09x27.55x
Day 3 - 25 Jul 2025266.21x226.44x47.36x150.21x

GNG Electronics IPO Allotment Chances

Retail, SHNI, and BHNI chances based on application subscription

GNG Electronics IPO allotment chances for Retail, SHNI, and BHNI. All three use lottery when the category is oversubscribed.

CategorySubscription (Apps)Allotment Chances
Retail47.36x (shares)Updating soon
SHNI (Rs 2L to Rs 10L)182.52x (shares)Updating soon
BHNI (above Rs 10L)264.14x (shares)Updating soon

Chances use application subscription (how many bids came in), not share or amount figures. If you get allotment, you get at least one lot. Higher subscription means lower chance per PAN.

Check the GNG Electronics IPO Allotment Status page from 28 July 2025 for your result.

GNG Electronics IPO Subscription by Amount

Category-wise subscription based on amount applied at issue price Rs 237.00

CategoryAmount OfferedAmount AppliedSubscription
QIBRs 95.39 CrRs 25,393.02 Cr266.21x
NIIRs 72.27 CrRs 16,363.95 Cr226.44x
sNII (Rs 2L to Rs 10L)Rs 23.02 CrRs 4,201.84 Cr182.52x
bNII (above Rs 10L)Rs 46.04 CrRs 12,162.12 Cr264.14x
RetailRs 161.15 CrRs 7,632.88 Cr47.36x
TotalRs 328.80 CrRs 49,389.85 Cr150.21x

GNG Electronics IPO Subscription by Shares

Category-wise subscription based on shares bid. Application-wise bid counts are not available for this IPO yet.

CategoryShares OfferedShares BidSubscription
QIB40,24,7551,07,14,35,582266.21x
NII30,49,16769,04,62,234226.44x
sNII (Rs 2L to Rs 10L)9,71,38217,72,92,647182.52x
bNII (above Rs 10L)19,42,76451,31,69,587264.14x
Retail67,99,67332,20,62,30047.36x
Total1,38,73,5952,08,39,60,116150.21x

What Do These Subscription Numbers Mean?

150.21x overall by shares means bids covered about 150 times the shares on offer. Allotment chances depend on applications in each category.

QIB at 266.21x by shares shows institutional demand from mutual funds, FIIs, and banks.

NII covers bids above Rs 2 lakh (226.44x by shares). SHNI and BHNI allotment is by lottery.

Retail at 47.36x by shares. Exact lottery chances need application data.

GNG Electronics IPO GMP After Subscription

GMP for GNG Electronics IPO stands at Rs 90.00 today, giving an estimated listing price of Rs 327.00 per share.

The GMP has moved up from Rs 71.00 on 18 Jul 2025 to Rs 94.00 on 28 Jul 2025.

A subscription of 150.21x combined with a GMP of 37.97% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.

Track live GMP on the GNG Electronics IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.

GNG Electronics IPO Key Dates

EventDate
IPO Open Date23 July 2025
IPO Close Date25 July 2025
Allotment Date28 July 2025
Refund Initiation29 July 2025
Share Credit to Demat29 July 2025
Listing Date30 July 2025
Minimum InvestmentRs 14,931.00
Lot Size63 shares

About GNG Electronics IPO

GNG Electronics Limited, incorporated in 2006, is a leading global and India-based refurbisher of Information and Communication Technology (ICT) devices, primarily laptops and desktops, operating under the brand 'Electronics Bazaar'. The company follows a 'repair-over-replacement' circular economy model, offering comprehensive refurbished ICT products including laptops, desktops, tablets, servers, smartphones, and mobile accessories.

Understanding Subscription Categories

QIB - Qualified Institutional Buyers

Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.

NII - Non-Institutional Investors (SHNI & BHNI)

Investors bidding above Rs 2 lakh. Split into SHNI (Rs 2 lakh to Rs 10 lakh) and BHNI (above Rs 10 lakh). Both use lottery allotment when oversubscribed.

Retail - Retail Individual Investors

Investors bidding up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Winners get at least one lot.

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GNG Electronics IPO Subscription FAQs

What is GNG Electronics IPO subscription status today?

GNG Electronics IPO subscription closed on 25 July 2025 with overall subscription of 150.21x (by shares) as of 18 October 2026, 5:17 PM IST. QIB 266.21x, NII 226.44x, Retail 47.36x.

What is the overall subscription of GNG Electronics IPO?

GNG Electronics IPO is subscribed 150.21x overall by shares at close on 25 July 2025. QIB 266.21x, NII 226.44x, and Retail 47.36x.

What is GNG Electronics IPO QIB subscription?

GNG Electronics IPO QIB (Qualified Institutional Buyers) subscription is 266.21x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.

What is GNG Electronics IPO Retail subscription?

GNG Electronics IPO Retail subscription is 47.36x by shares. Retail bids are up to Rs 2 lakh per PAN.

What is GNG Electronics IPO NII, SHNI, and BHNI subscription?

GNG Electronics IPO NII subscription is 226.44x by shares. NII is bids above Rs 2 lakh, split into SHNI (Rs 2L to Rs 10L) and BHNI (above Rs 10L).

What are GNG Electronics IPO retail allotment chances?

GNG Electronics IPO retail share subscription is 47.36x. Application data is needed for exact lottery chances.

What are GNG Electronics IPO SHNI allotment chances?

GNG Electronics IPO SHNI share subscription is 182.52x. Application data is needed for exact lottery chances.

What are GNG Electronics IPO BHNI allotment chances?

GNG Electronics IPO BHNI share subscription is 264.14x. Application data is needed for exact lottery chances.

When is GNG Electronics IPO allotment date?

GNG Electronics IPO allotment date is 28 July 2025. Check GNG Electronics IPO Allotment Status on IPOwiz from that day using your PAN.

When does GNG Electronics IPO subscription close?

GNG Electronics IPO subscription closed on 25 July 2025. No new applications are accepted after the close.

What is GNG Electronics IPO GMP today?

GNG Electronics IPO GMP is ₹90 today (+37.97% over issue price ₹237). See live GMP on the GNG Electronics IPO GMP Today page.

What is GNG Electronics IPO issue price and lot size?

GNG Electronics IPO issue price is ₹237 per share. Lot size is 63 shares. Minimum investment is ₹14,931 per lot. Issue size: ₹460.43 Cr.

When is GNG Electronics IPO listing date?

GNG Electronics IPO listing date is 30 July 2025 on NSE and BSE. Allotment is on 28 July 2025.

How does subscription affect GNG Electronics IPO allotment?

In GNG Electronics IPO, Retail, SHNI, and BHNI allotment is by lottery when oversubscribed. Chances follow application subscription in each category, not share volume. At 150.21x overall, competition is very high.

For allotment results from 28 July 2025, visit the GNG Electronics IPO Allotment Status page. For listing day updates on 30 July 2025, download the IPOwiz App.

Sources

We match GNG Electronics IPO IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.

  • SEBIRules for IPO allotment and disclosures in India
  • NSEExchange notices, bidding data, and listing updates
  • BSEExchange notices and IPO allotment check tools
  • RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
  • IPO RegistrarRegistrar details are on the allotment page for this IPO

Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.

Reviewed by

Dinesh Agrawal · Lead IPO Analyst

15+ years in Indian markets and IPO research. He reviews subscription data before it goes live.