GNG Electronics IPO Subscription Status
GNG Electronics IPO closed on 25 July 2025 with an overall subscription of 150.21x based on shares applied. QIB demand came in at 266.21x, NII at 226.44x, and retail at 47.36x.
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
GNG Electronics IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 237.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 95.39 Cr | Rs 25,393.02 Cr | 266.21x |
| NII | Rs 72.27 Cr | Rs 16,363.95 Cr | 226.44x |
| sNII (Rs 2L to Rs 10L) | Rs 23.02 Cr | Rs 4,201.84 Cr | 182.52x |
| bNII (above Rs 10L) | Rs 46.04 Cr | Rs 12,162.12 Cr | 264.14x |
| Retail | Rs 161.15 Cr | Rs 7,632.88 Cr | 47.36x |
| Total | Rs 328.80 Cr | Rs 49,389.85 Cr | 150.21x |
GNG Electronics IPO Subscription by Shares
Category-wise subscription based on shares bid. Application-wise bid counts are not available for this IPO yet.
| Category | Shares Offered | Shares Bid | Subscription |
|---|---|---|---|
| QIB | 40,24,755 | 1,07,14,35,582 | 266.21x |
| NII | 30,49,167 | 69,04,62,234 | 226.44x |
| sNII (Rs 2L to Rs 10L) | 9,71,382 | 17,72,92,647 | 182.52x |
| bNII (above Rs 10L) | 19,42,764 | 51,31,69,587 | 264.14x |
| Retail | 67,99,673 | 32,20,62,300 | 47.36x |
| Total | 1,38,73,595 | 2,08,39,60,116 | 150.21x |
What Do These Subscription Numbers Mean?
A subscription of 150.21x by shares means the IPO received bids for 150 times the shares reserved. Allotment odds depend on application count in each category, not share volume.
Here is what each category number tells you:
QIB at 266.21x by shares: This is the strongest signal on the page. QIBs are institutional investors, mutual funds, foreign institutions, and banks. When they subscribe at 266.21x, it reflects serious institutional conviction.
NII at 226.44x by shares: NII includes high net worth individuals applying above Rs 2 lakh. Proportional allotment uses application subscription.
Retail at 47.36x by shares: Allotment is by lottery, but application-wise data is needed for accurate 1-in-X odds. Share oversubscription often overstates how hard allotment is.
GNG Electronics IPO Allotment Chances
Allotment odds below use application subscription (number of bids received), not share or amount subscribed.
Retail
- •Share subscription: 47.36x (application-wise data pending).
- •Allotment odds will be updated once application subscription is synced.
SHNI (Rs 2 lakh to Rs 10 lakh)
- •Share subscription: 182.52x (application-wise data pending).
- •Allotment odds will be updated once application subscription is synced.
BHNI (above Rs 10 lakh)
- •Share subscription: 264.14x (application-wise data pending).
- •Allotment odds will be updated once application subscription is synced.
Check the GNG Electronics IPO Allotment Status page from 28 July 2025 for your allotment result.
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 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 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 Subscription FAQs
What is GNG Electronics IPO IPO subscription status today?
GNG Electronics IPO IPO subscription closed on 25 July 2025 with overall subscription of 150.21x (by shares) as of 14 July 2026, 12:32 AM IST. QIB 266.21x, NII 226.44x, Retail 47.36x.
What is the overall subscription of GNG Electronics IPO IPO?
GNG Electronics IPO 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 IPO QIB subscription?
GNG Electronics IPO 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 IPO Retail subscription?
GNG Electronics IPO IPO Retail subscription is 47.36x by shares. Minimum retail bid is up to Rs 2 lakh per PAN.
What is GNG Electronics IPO IPO NII subscription?
GNG Electronics IPO IPO NII (Non-Institutional Investors) subscription is 226.44x by shares. NII covers bids above Rs 2 lakh.
What are allotment chances in GNG Electronics IPO IPO for retail?
GNG Electronics IPO IPO retail share subscription is 47.36x. Application-wise data is needed for accurate lottery odds.
When is GNG Electronics IPO IPO allotment date?
GNG Electronics IPO 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 IPO subscription close?
GNG Electronics IPO IPO subscription closed on 25 July 2025. No new applications are accepted after the close.
What is GNG Electronics IPO IPO GMP today?
GNG Electronics IPO 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 IPO issue price and lot size?
GNG Electronics IPO 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 IPO listing date?
GNG Electronics IPO IPO listing date is 30 July 2025 on NSE and BSE. Allotment is on 28 July 2025.
How does subscription affect GNG Electronics IPO IPO allotment?
Allotment odds in GNG Electronics IPO IPO depend on application subscription in each category, not share volume. Retail uses lottery when oversubscribed. NII uses proportional allotment by applications. 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.
Reviewed by Dinesh Agrawal
15+ years in Indian capital markets and IPO research. Subscription data verified before publish.