GMP Jumps 40%: Check Out Big Share IPO Allotment Status

The big share IPO of 2025 is out and live after the much-awaited GNG Electronics IPO allotment confirmed on July 28, 2025.

Meanwhile, the investors' response from last week seems promising, Rs. 460.43 crore IPO was received, closing the subscription with 146.9 times on the final day of bidding (July 25).

The GNG electronics IPO allotment issued 1.41 crore shares on offer, and the results were shocking with an issue of 208.43 crore shares allocated and still counting.

GNG Electronics IPO Allotment: How Many Subscriptions?

The GNG IPO allotment saw a strong interest from the Indian investors on the day of final bidding, while the big share IPO allotment was subscribed 150.21 times, the retail investor segment subscribed 47.36 times.

On the other hand, institutional investors in the Qualified Institutional Buyers (QIB) category led the demand with 266.21 subscriptions, along with non-institutional investors (NII) category leading with 226.44 subscriptions.

GNG Electronics IPO Live: Issue Structure

Dated July 23, 2025, marked the occasion with GNG Electronics Limited launching its much-awaited, initial public offering (IPO), including 1.68 crore shares worth Rs . 400 crore and an offer-for-sale (OFS) of Rs . 25.5 lakh shares, which amounts to Rs . 60.44 per share.

How will the GNG Electronics IPO Allotment be of Use?

Well, for starters, the funds or the money that is being raised from the fresh GNG IPO allotment will go to repay existing debt, meet working capital needs and general corporate purposes.

An Overview of GNG Electronics: Full Story

Founded in 2006, GNG Electronics specializes in refurbishing ICT devices like laptops and desktops. With a global presence in India, the USA, Europe, Africa, and the UAE, the company operates under the brand “Electronics Bazaar.” GNG manages the entire lifecycle of devices—from procurement and refurbishment to sales and after-sales service, offering warranty support for both individuals and businesses.

In addition to refurbishment, GNG provides IT asset disposition (ITAD) and e-waste management services. They also offer on-site installation, doorstep services, flexible payment plans and structured buyback programs, ensuring sustainability and reliability for all tech needs.