Archive · 25 Jul 2025
GNG Electronics IPO: Subscription concludes today, July 25
Imagine a company that fixes up old computers, called GNG Electronics.
They're selling shares to the public, called an IPO, to get money.
The IPO started on Wednesday and ends today, Friday.
They're selling each share between 225 to 237 rupees.
They will use the money for paying off debts, buying new supplies, and other business things.
The company will finalize who gets the shares on Monday, give refunds on Tuesday, and then list the shares on the stock market on Wednesday.
GNG Electronics' IPO is open for subscription and concludes today, July 25.
The IPO price band is set between ₹225 and ₹237 per share.
The total issue size is ₹460.43 crore, including a fresh issuance and an offer for sale.
Funds raised will be used for debt repayment, working capital, and general corporate purposes.
Listing on BSE and NSE is scheduled for July 30.
- Who
- GNG Electronics
- What
- GNG Electronics is conducting an IPO.
- When
- The IPO subscription started on Wednesday, July 23, and concludes on July 25.
- Where
- BSE and NSE
- Why
- To raise funds for debt repayment, working capital, and general corporate purposes.
- Company
- GNG Electronics
- IPO Price Band
- ₹225 - ₹237 per share
- Total Issue Size
- ₹460.43 crore
- IPO Allotment Date
- July 28
- Listing Date
- July 30