Archive · 29 Jul 2025
GNG Electronics IPO Set to Close on July 25, 2025
GNG Electronics, a company that fixes old computers and tech products, is selling shares to the public to raise money.
The company is based in Mumbai, India.
The company sells refurbished items under the brand name Electronics Bazaar.
The IPO started on July 23rd and will end on July 25th, with the goal of raising about ₹460 crore.
The company fixes laptops and desktops.
The IPO has seen high investor interest.
GNG Electronics, based in Mumbai, India, refurbishes ICT devices.
The company operates under the brand "Electronics Bazaar".
GNG Electronics has operations in India, the USA, Europe, Africa, and the UAE.
The IPO opened on July 23, 2025, and is scheduled to close on July 25, 2025.
The IPO seeks to raise ₹460.43 crore.
- Who
- GNG Electronics.
- What
- GNG Electronics IPO.
- When
- Opened July 23, 2025, and closes July 25, 2025.
- Where
- Mumbai, India and operates in USA, Europe, Africa, and UAE.
- Why
- To raise capital through an initial public offering.
Investors
GNG Electronics
Investor Demand
Investors
Strong interest in the IPO, oversubscribed on its first day.
GNG Electronics
N/A
- Company
- GNG Electronics
- Business
- Refurbishing ICT devices
- IPO Open Date
- July 23, 2025
- IPO Close Date
- July 25, 2025
- Offer Price
- ₹225-237 per share
- Funds Raised
- ₹460.43 crore
- Location
- Mumbai, India
- Subscription Rate
- 5.17 times on first day
Sources
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