Big Share IPO Allotment Status: GNG Electronics Deep Dive & Guide
Latest Allotment, Subscription, Listing Trends & Everything You Need to Know
Quick IPO Facts: GNG Electronics
| IPO Feature | Details |
|---|---|
| Company | GNG Electronics Ltd. (Electronics Bazaar brand) |
| IPO Type | Book Built Issue IPO |
| IPO Size | ₹460.43 crores |
| Price Band | ₹225 – ₹237 per share |
| Lot Size | 63 shares (₹14,931 min investment) |
| Registrar | Bigshare Services Pvt Ltd |
| Allotment Date | July 28, 2025 |
| Listing Date | July 30, 2025 (BSE & NSE) |
| Subscription (Overall) | 150.21x |
| Retail Category Subscription | 47.36x |
| QIB / NII Subscriptions | QIB: 266.21x NII: 226.44x |
| GMP (Grey Market Premium) | ₹94 – Suggests a 40% listing gain |
What Makes GNG Electronics IPO Stand Out?
The GNG Electronics IPO captured intense investor attention, with overwhelming demand across all categories. Based in India and operating globally, GNG Electronics is a major refurbisher of laptops and desktops under the Electronics Bazaar brand. Its end-to-end business model spans from device sourcing and refurbishment to after-sales, e-waste management, and warranty support.
The IPO, which opened for bidding between July 23 and July 25, 2025, closed with the issue being subscribed an astonishing 150.21 times. Retail investors participated robustly, with their quota subscribed nearly 47.4 times, while QIBs and NIIs contributed even greater enthusiasm.
Grey Market Buzz:
GNG Electronics shares saw a GMP (Grey Market Premium) of ₹94 to ₹102 ahead of listing. This points to a likely gain of up to 40% versus the IPO upper band price, though actual listing prices can fluctuate with market conditions.
Notably, a substantial portion of IPO proceeds will be used to repay existing debt, marking a solid strategy for strengthening its balance sheet and supporting expansion.
How to Check Your Big Share IPO Allotment Status
- Go to the Bigshare Services Pvt Ltd official IPO Allotment page.
- From the IPO name dropdown, select GNG Electronics.
- Provide your details (choose one):
- PAN Number
- DP Client ID (Demat Account No.)
- Application Number
- Enter the necessary information and the security code (captcha).
- Click on Search to get your allotment status.
Alternative options: You can also check the status on the BSE (Bombay Stock Exchange) or NSE (National Stock Exchange) websites under the IPO status/check sections.
Important: If you did not secure an allotment, the funds blocked for the IPO will be released/unblocked in your account after July 29, 2025.
IPO Subscription & Listing Insights
GNG Electronics’ issue was comprised of two elements:
- Fresh Issue: ₹400 crore (1.69 crore shares)
- Offer for Sale (OFS): ₹60.44 crore (26 lakh shares)
The robust demand is evident in subscription data:
- Retail investors subscribed 47.36x their quota.
- QIB (Qualified Institutional Buyers) saw the highest demand at 266.21x.
- NIIs (Non-Institutional Investors) followed closely at 226.44x.
- Overall subscription: 150.21x – a testament to high investor confidence and anticipation.
Shares are set to be credited to successful applicants on July 29, with GNG Electronics listing on both NSE and BSE scheduled for July 30, 2025.
FAQs on Big Share IPO Allotment Status & GNG Electronics
GNG Electronics IPO: The Refurbished Tech Giant’s Market Debut.
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