MainboardListedEBGNG

GNG Electronics Limited IPO

Computers Hardware & Equipments · DRHP 14 Dec 2024 · listed 30 Jul 2025

Follow this IPOuse-of-proceeds reports, on Telegram

Issue price
₹237.00
band ₹225.00 to ₹237.00
Issue size
₹460.4 cr
fresh ₹400 cr · OFS ₹60 cr
Lot
63 shares
₹14,931 at the top of the band
Subscription window
23 Jul to 25 Jul
2025
Listing
30 Jul 2025
NSE
Subscribed
93.8x
retail 30.7x

About the GNG Electronics IPO

GNG Electronics Limited raised ₹460 crore through a mainboard IPO on NSE and BSE: a fresh issue of ₹400 crore and an offer for sale of ₹60.4 crore. The fresh issue goes to the company; the offer for sale goes to the shareholders selling.

Bidding ran Wed 23 Jul to Fri 25 Jul, at an issue price of ₹237 a share, in lots of 63 shares. The shares listed on 30 Jul 2025.

The book-running lead managers are Motilal Oswal Investment Advisors Limited, IIFL Capital Services Limited and JM Financial Limited. The registrar, which handles allotment, is Bigshare Services Private Limited.

The issue was subscribed 93.83 times overall, with the retail portion at 30.71 times, as the exchange's bid book showed.

The draft offer document was filed on 14 Dec 2024.

newboard writes its studies from the offer document before an issue lists, and this one listed without one. The figures on this page are the exchange's and the offer document's, each with its source.

GNG Electronics IPO: questions answered

When was the GNG Electronics IPO open, and what were the price band and lot size?

Bidding ran Wed 23 Jul to Fri 25 Jul. The issue price is ₹237 a share. One lot is 63 shares, ₹14,931 at the upper end of the band.

When did the GNG Electronics IPO list?

The shares listed on 30 Jul 2025 on NSE and BSE.

How do I check the GNG Electronics IPO allotment status?

Allotment is finalised by the registrar, Bigshare Services Private Limited, usually the working day after the issue closes. Check it on the registrar's website or on BSE and NSE with a PAN, application number or DP ID. Shares not allotted have their blocked amount released by the refund date.

The GNG Electronics IPO allotment status page, with the direct links

Who are the registrar and lead managers of the GNG Electronics IPO?

The book-running lead managers are Motilal Oswal Investment Advisors Limited, IIFL Capital Services Limited and JM Financial Limited. The registrar, which handles applications and allotment, is Bigshare Services Private Limited.

How many times was the GNG Electronics IPO subscribed?

93.83 times overall, as the exchange's bid book last showed: qualified institutions 165.65 times, non-institutional investors 111.27 times and retail 30.71 times.

Category-wise subscription, from the exchange

Is the GNG Electronics IPO a fresh issue or an offer for sale?

A fresh issue of ₹400 crore, which goes to the company, and an offer for sale of ₹60.4 crore, which goes to the shareholders selling (13% of the issue).

What is the GNG Electronics IPO GMP?

newboard does not publish a grey-market premium. Grey-market deals happen outside the stock exchanges, are not regulated, and leave no public record of who traded at what price. What is on record is the offer document, read on this page, and the exchanges' bid book.

Where the money went

The monitoring agency's report for the quarter to 30 Jun 2026: each object in the offer document and how much of it had been used by then.

ObjectProposed, ₹ croreUsed, ₹ crore
General Corporate Purpose46.446.4
Issue Expenses33.629.9
Total400.0396.4

The monitoring agency's report · Other issues

GNG Electronics IPO: the next step, on Telegram

A message when there is news on each use-of-proceeds report the company files. Free, no account, leave in one tap. Send /stop to end it.

Not on this page yet: an offer-document study, the peer table the issuer printed. Each is added when the pipeline extracts it from the offer document.