Archive · 24 Jul 2025
GNG Electronics IPO Sees Strong Demand; GMP Suggests Gains
GNG Electronics, a company that fixes up old laptops and computers, is selling shares to the public (IPO) to raise money.
On the second day, lots of people wanted to buy these shares, more than 22 times the amount available.
The company wants to raise around Rs 460 crore by selling new shares and some existing ones.
The shares are priced between Rs 225 and Rs 237 each.
The company made about Rs 69 crore in profit last year, with a revenue of Rs 1,420 crore.
Experts think it's a good investment.
The shares will start trading on the stock market around July 30.
GNG Electronics' IPO saw strong demand on its second day, with over 22 times subscription.
The IPO is priced at Rs 225-237 per share, with investors needing to apply for a minimum of 63 shares.
The company aims to raise Rs 460.43 crore through a fresh share sale and an offer-for-sale.
GNG Electronics reported a net profit of Rs 69.03 crore with a revenue of Rs 1,420.37 crore for the year ending March 31, 2025.
Shares are expected to list on BSE and NSE with a tentative listing date of July 30.
- Who
- GNG Electronics, a refurbisher of laptops and desktops.
- What
- GNG Electronics' Initial Public Offering (IPO) is open for subscription.
- When
- The IPO bidding process concluded on July 25, 2025.
- Where
- India
- Why
- To raise funds for expansion and increase market presence.
Analysts' Positive View
Potential Challenges
Market Position
Analysts' Positive View
Analysts recommend subscribing, citing a strong market presence and reasonable valuations.
Potential Challenges
Despite the positive outlook, the sector faces challenges from unorganized players, tightening regulations, and pressure on margins.
Growth Potential
Analysts' Positive View
Growth prospects remain healthy with increased demand for affordable digital devices and sustainability-led practices.
Potential Challenges
Margin expansion may be limited due to competitive pressures and dependency on large clients.
- IPO Price
- Rs 225-237 per share
- Minimum Investment
- 63 shares
- Total Funds to be Raised
- Rs 460.43 crore
- 2025 Net Profit
- Rs 69.03 crore
- 2025 Revenue
- Rs 1,420.37 crore
- Tentative Listing Date
- July 30