The global market for refurbished personal computers has seen strong growth. It went up from USD 9.7 billion in 2018 to USD 17.1 billion in 2024, growing at a steady 9.9% every year. And it's expected to grow even faster now, at 18.9% going forward.
GNG Electronics has been part of this growing refurbished tech space and has reached some big milestones along the way. That’s why the company is now launching its IPO and inviting investors to be a part of its next chapter.
The IPO is being managed by Motilal Oswal Investment, IIFL Capital Services, and JM Financial Limited while Bigshare Services is acting as the official registrar for the issue.
See the GNG Electronics IPO RHP for more details.
Note: The lock-in period for 50% of Smarten Power Systems’ stock concludes 30 days post-allocation, whereas the remaining portion is released from lock-in after 90 days.
The company works in the refurbished electronics sector. Let's look at what GNG Electronics does for its revenue.
Here are the important IPO facts you should know.
Key schedule for the GNG Electronics IPO process is as follows:
GNG Electronics aims to collect this amount through its IPO.
GNG Electronics has outlined the following uses for the IPO proceeds.
These are the price details for the upcoming GNG Electronics IPO.
The allotment split for each investor category is shown below.
No application is possible without a valid demat account. So, compare brokers and open an account to bid for any IPO.
The company’s key financial indicators are shown here.
The company has strong points and some risks. Read the details here.
Strengths
Works closely with big names like HP and Lenovo for certified refurbished products
Helps the environment by reducing e-waste through its green practices
Known as India’s biggest name in the refurbished laptop and desktop space
With a market presence, it is currently dealing in Indian and global markets
Risks
Most of its money comes from laptop sales, so demand dips can hurt business
Keeps a lot of money tied up in operations, which can affect cash flow
Faces tough competition from other refurbished tech sellers
Technology changes fast, and staying updated is always a challenge
The GNG Electronics IPO GMP on 23 July 2025 is ₹105 with the upper price band of ₹237. Also, you can evaluate pricing and other facts with the review given earlier.
Submit your GNG Electronics IPO application now through your broker.
1. What is the GNG Electronics IPO GMP today?
The GNG Electronics IPO GMP today is ₹105. This grey market premium gives a rough idea of how the IPO might perform on listing day, though it’s not an official indicator. Keep checking daily for updated GMP trends.
2. What is the GNG Electronics share price in the IPO?
The GNG Electronics share price is between ₹225 and ₹227 per share. This is the price investors need to pay to apply for shares in the IPO. The price falls within the official price band announced by the company.
3. What does GNG Electronics Limited do?
GNG Electronics Limited works in the refurbished electronics sector. The company repairs, repackages, and resells products like mobile phones and gadgets.
4. What is the GNG Electronics Limited IPO date?
The GNG Electronics Limited IPO date is from 23 July 2025 to 25 July 2025. These are the days when you can bid for the IPO. Keep track of the opening and closing dates to avoid missing the deadline.
5. Can I apply for the IPO without a demat account?
No, you can’t. A demat account is mandatory to apply for GNG Electronics IPO. You’ll need it to hold shares electronically after allotment. Get a demat account through a stockbroker if you don’t have one already.