GNG Electronics IPO IPO Subscription Status
The GNG Electronics IPO IPO closed on 25 July 2025 with an overall subscription of 150.21x based on shares applied.
Allotment will be finalised on 28 July 2025. The stock is scheduled to list on NSE and BSE on 30 July 2025.
Issue Price
Rs 237.00
GMP Today
Rs 90.00 (+37.97%)
Overall Subscription
150.21x
Issue Size
₹460.43 Cr
Allotment Date
28 Jul 2025
Listing Date
30 Jul 2025
What Do These Subscription Numbers Mean?
A subscription of 150.21x means the IPO received bids for 150 times the number of shares available. For every 150 applications, only 1 can receive an allotment.
Here is what each category number tells you:
GNG Electronics IPO IPO Allotment Chances
Based on the final subscription data, here is a realistic view of allotment probability by category.
QIB Category: QIB allotment is discretionary and handled by the book running lead managers. Retail investors do not participate in this category.
Check the GNG Electronics IPO IPO Allotment Status page from 28 July 2025 for your allotment result.
GNG Electronics IPO 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 IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.
GNG Electronics IPO IPO Day-wise Subscription
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 23 Jul 2025 | 1.68x | 18.86x | 9.31x | 9.20x |
| Day 2 - 24 Jul 2025 | 2.21x | 68.70x | 24.09x | 27.55x |
| Day 3 - 25 Jul 2025 | 266.21x | 226.44x | 47.36x | 150.21x |
GNG Electronics IPO IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 23 July 2025 |
| IPO Close Date | 25 July 2025 |
| Allotment Date | 28 July 2025 |
| Refund Initiation | 29 July 2025 |
| Share Credit to Demat | 29 July 2025 |
| Listing Date | 30 July 2025 |
| Minimum Investment | Rs 14,931.00 |
| Lot Size | 63 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
High net worth individuals applying above Rs 2 lakh. Divided into bNII (above Rs 10 lakh) and sNII (Rs 2 lakh to Rs 10 lakh). NII allotment is proportional.
Retail - Retail Individual Investors
Investors applying up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Minimum one lot per successful applicant.
GNG Electronics IPO IPO Subscription FAQs
What is the current subscription status of GNG Electronics IPO?
GNG Electronics IPO IPO closed on 25 July 2025 with an overall subscription of 150.21x based on shares applied. QIB subscribed N/A, NII N/A, and retail N/A.
What are the allotment chances for retail investors?
Retail allotment chances depend on final oversubscription. Allotment is by lottery when retail subscription exceeds 1x.
When will GNG Electronics IPO allotment be finalised?
Allotment will be finalised on 28 July 2025. You can check your allotment status on the GNG Electronics IPO IPO Allotment Status page from that date.
What happens after subscription closes?
After the subscription closes, the registrar processes all applications and finalises allotment on 28 July 2025. Refunds for unsuccessful applications are typically initiated before listing. Shares are credited to demat accounts before the listing date on 30 July 2025.
Can I apply after subscription closes?
No. The subscription window closed on 25 July 2025. All applications must be submitted during the open period. Late applications are rejected automatically.
What is the difference between QIB, NII, and Retail subscription?
QIB includes institutional investors such as mutual funds, FIIs, and banks. NII includes high net worth individuals applying above Rs 2 lakh. Retail includes individual investors applying up to Rs 2 lakh. Each category has separate reservation and different allotment rules.
How does subscription affect allotment chances?
Higher oversubscription means fewer applicants receive allotment. In the retail category, allotment is by lottery. In the NII category, allotment is proportional. At 150.21x overall subscription, competition for shares is very high.
What is the issue size and lot size for GNG Electronics IPO?
Issue size is ₹460.43 Cr. Lot size is 63 shares. Minimum investment at the issue price of Rs 237.00 is Rs 14,931.00 per lot.
For allotment results from 28 July 2025, visit the GNG Electronics IPO IPO Allotment Status page. For listing day updates on 30 July 2025, download the IPOwiz App.
Reviewed by Dinesh Agrawal
15+ years in Indian capital markets and IPO research. Subscription data verified before publish.