On Wednesday, that is 30th July 2025, the GNG electronic share price made a strong debut, selling at a premium of 49.8% on the bourses.
Yes, this stock was listed at Rs.355 on the NSI as against an issue price of Rs.237. Meanwhile, the debut for GNG share price on BSE was at Rs.350, rising 47.7%.
The GNG electronics IPO allotment is seen a huge success, as it got oversubscribed by a remarkable 150.21 times, creating history.
Moreover, GNG Electronics Limited is known for its "Electronics Bazaar" brand, which is well recognized for refurbished ICT devices and benefits from a vertically integrated model and strong financials.
If you kept a track of this latest IPO 2025, the GNG electronics IPO allotment status GMP started at Rs .400 crore with an offer sale worth Rs.60.44 crore.
All-in-all, the GNG electronics share has attracted a huge fan base of investors across different categories: QIBs subscribed 266.21 times, non-institutional investors 226.44 times, and retail investors 47.36 times.
Also Read: GMP Jumps 40%: Check Out Big Share IPO Allotment Status
Anchor investors had already pumped in Rs.138.13 crore before the issue opened, with prominent domestic and global institutions participating.
GNG Electronics operates under the “Electronics Bazaar” brand and offers refurbished ICT devices—laptops, desktops and accessories—through a vertically integrated model that includes sourcing, refurbishing, selling, and after-sales service.
The company provides buyback and e-waste management services for large-format retailers like Vijay Sales and OEMs such as HP and Lenovo, giving it an edge in the growing circular electronics economy.
The company provides buyback and e-waste management services for large-format retailers like Vijay Sales and OEMs such as HP and Lenovo, giving it an edge in the growing circular electronics economy.
Its network spans 38 countries and includes over 4,000 touchpoints across India and abroad.
The company employs 1,194 people and continues to expand aggressively in the refurbished IT hardware ecosystem, a segment seeing strong tailwinds amid price-sensitive demand and ESG-led procurement preferences.
In FY25, the company reported revenue of Rs 1,420 crore, up 24% from the previous year, while net profit rose 32% to Rs 69 crore.
Despite fully priced valuations, the listing buzz remains intact, supported by strong fundamentals, category leadership and exceptional subscription numbers. All eyes are now on whether the stock can live up to its listing pop.
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