GNG Electronics IPO Allotment Status & Stock Outlook

Applied for the GNG Electronics IPO? Here’s everything you need to know—from IPO allotment status to stock price outlook, and whether it could become a future multibagger.

What’s Driving the Buzz?

GNG Electronics launched its IPO with a price band of ₹225–₹237 per share. The issue size stands at ₹460 crore. With over 148x oversubscription, it’s already made headlines across financial circles.

IPO Subscription Breakdown

• Qualified Institutional Buyers (QIBs): 266x
• Retail Investors: 47x
• Non-Institutional Investors (NIIs): 142x

Grey Market Premium (GMP)

The GMP is hovering around ₹100, suggesting a potential listing at ₹337—around 42% higher than the upper price band.

Company Snapshot

• Market Cap: ₹2,700 crore (at upper band)
• Revenue FY25: ₹1,411 crore
• Net Profit FY25: ₹69 crore
• Presence: Operations in 38 countries
• Product: Refurbished 6 lakh devices in FY25

Multibagger Potential?

The company’s strong fundamentals and large market reach suggest long-term promise. While the IPO is attracting short-term traders due to high GMP, investors seeking a growth story are also watching closely.

How to Check GNG Electronics IPO Allotment Status

Once the allotment is finalized, you can check your status via:

• Visit the BSE or NSE IPO status page
• Choose Equity and select “GNG Electronics Ltd.”
• Enter PAN or Application Number
• Submit Captcha and click Search

Alternatively, visit the IPO registrar’s website (Bigshare Services) to check with PAN or DP ID.

Important Dates

• Allotment Finalization: July 28
• Refund Initiation: July 29
• Shares Credit to Demat: July 29
• Listing Date: Expected July 30

Things to Watch

While early signs are strong, risks like revenue concentration and margin pressure remain. Valuation at 33–39x P/E is something long-term investors should evaluate carefully.

Final Thoughts

The GNG Electronics IPO has shown strong investor interest and early listing gains look likely. However, sustained growth will depend on consistent execution and expansion.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Please consult a certified financial advisor before investing.