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GNG Electronics Limited

Incorporated in 2006, GNG Electronics Limited provides refurbishing services for laptops, desktops, and ICT devices across India and internationally. With a strong presence in India, the USA, Europe, Africa, and the UAE, the company operates under the brand name “Electronics Bazaar,” offering end-to-end solutions from sourcing and refurbishment to sales and after-sale services, including warranty support. In addition to refurbishing, GNG Electronics offers various value-added services such as IT asset disposition (ITAD), e-waste management, warranties, doorstep service, on-site installation, flexible payment options, easy device upgrades, and buyback programs for refurbished ICT devices. The company also delivers customized buyback solutions for laptops and desktops, supporting large-format retail stores like Vijay Sales and OEM brand stores such as HP and Lenovo in running efficient, customer-centric buyback programs to encourage the sale of new devices. As of September 30, 2024, GNG Electronics has established a sales network spanning 35 countries and operates through 3,265 touchpoints both in India and abroad.

₹225 - ₹237148.11x sub
Listed Price355.00
Listing Gain+49.79%
TimelineBookbuilding IPO
Open23 Jul 2025
Close25 Jul 2025
Allotment28 Jul 2025
Listing30 Jul 2025

Quota Reservation Portions

RetailPortion: 67,99,673 shares
35%
Nii(hni)Portion: 29,14,146 shares
15%
QIBPortion: 38,85,529 shares
20%

Minimum Application Bracket Matrix

Retail1 lots / 63 shares
₹14,931
sHNI14 lots / 882 shares
₹2,09,034
bHNI67 lots / 4,221 shares
₹10,00,377

About the Company

Incorporated in 2006, GNG Electronics Limited provides refurbishing services for laptops, desktops, and ICT devices across India and internationally. With a strong presence in India, the USA, Europe, Africa, and the UAE, the company operates under the brand name “Electronics Bazaar,” offering end-to-end solutions from sourcing and refurbishment to sales and after-sale services, including warranty support. In addition to refurbishing, GNG Electronics offers various value-added services such as IT asset disposition (ITAD), e-waste management, warranties, doorstep service, on-site installation, flexible payment options, easy device upgrades, and buyback programs for refurbished ICT devices. The company also delivers customized buyback solutions for laptops and desktops, supporting large-format retail stores like Vijay Sales and OEM brand stores such as HP and Lenovo in running efficient, customer-centric buyback programs to encourage the sale of new devices. As of September 30, 2024, GNG Electronics has established a sales network spanning 35 countries and operates through 3,265 touchpoints both in India and abroad.

Company Promoters

Sharad KhandelwalVidhi Sharad KhandelwalAmiable Electronics Private LimitedKay Kay Overseas Corporation
GNG Electronics Limited IPO Details | GMP, Allotment & Financials | IPO Trending