Archive · 26 Jul 2025
GNG Electronics IPO: Bidding Ends, Oversubscribed, Strong Interest
GNG Electronics offered shares to the public (IPO), and many people wanted to buy them.
This means the chances of getting shares are low.
The company received millions of applications!
Investors are very interested.
Shares are likely to be listed on July 30th.
The price band was fixed between Rs 225-237 per share.
If you're lucky enough to get some, they might be worth more right away.
The company raised a significant amount of money.
GNG Electronics IPO saw strong investor response, with nearly 42.14 lakh applications.
The IPO was oversubscribed 147.93 times overall.
Retail investors have the best chance of allotment with a 2.78% probability.
The company raised Rs 460.44 crore via the primary offering.
GMP is Rs 100-105, suggesting a listing pop of 42-44%.
- Who
- GNG Electronics and investors.
- What
- GNG Electronics IPO concludes bidding with strong investor interest.
- When
- Bidding concluded on July 25, listing expected July 30.
- Where
- BSE and NSE (listing).
- Why
- To raise capital through a primary offering.
- IPO Price Band
- Rs 225-237 per share
- Overall Subscription
- 147.93 times
- Retail Subscription Allotment Odds
- 1 in 4 investors (2.78%)
- GMP
- Rs 100-105
- Listing Date
- July 30 (tentative)
- Total Raised
- Rs 460.44 crore
