GNG Electronics IPO Allotment Date: What Investors Need to Know

Introduction

The much-awaited GNG Electronics IPO has reached a critical juncture, with the allotment date set for July 28, 2025. Investors who applied for this ₹460 crore issue are closely watching the process, eager to confirm share allocations before the listing scheduled for July 30, 2025. This comprehensive guide walks you through the allotment timeline, check procedures, subscription details, and post-allotment expectations—enhanced with tables and lists for clarity.

Allotment Timeline & Key Dates

IPO Timeline – Key Events

How to Check Your Allotment Status

Investors can verify their allotment using three primary portals:

Allotment Status Check Methods

1. Registrar Portal (Bigshare Services)

   • Visit the Bigshare IPO allotment page

   • Select “GNG Electronics IPO”

   • Enter PAN, Application Number, or Beneficiary ID

   • Click Search to view status 

2. BSE Website

   • Navigate to the IPO application status page

   • Choose Equity, then select GNG Electronics IPO

   • Enter PAN or Application Number and complete the captcha

   • Click Submit 

3. NSE Portal

   • Go to the NSE IPO allotment login page

   • Choose “Equity and SME IPO bids,” select GNG Electronics IPO

   • Enter PAN and Application Number, then click Search

Alternatively, allotment status can also be checked via broker, bank ASBA portals, or Demat platforms. If the website is overloaded, retry after some time or use a trusted device.

IPO Subscription & GMP Insights

Oversubscription Figures

The IPO received an overwhelming subscription across all investor categories:

Grey Market Premium (GMP) and Listing Price Projections

As of July 28, 2025, GNG shares were trading at a GMP of ₹94, implying a target listing price of around ₹331, approximately 40% above the upper IPO price band of ₹237. However, GMP remains unofficial and may fluctuate significantly.

Investor Experience: Post-Allotment Process

Subscription to Refund Flow

What Happens Next After Allotment

1. Allotment Finalised – Today (July 28).

2. Demat Credit & Refunds – Initiated on July 29.

3. Refund Details – Blocks released via ASBA/UPI, confirmation via SMS/email.

4. Shares Credited – Demat accounts reflect allotment the same day.

5. Listing Debut – Shares trade on July 30 on NSE & BSE under T+3 rules.

Investors who don’t receive a share allocation should check their bank statements to ensure blocked funds are reversed by July 30, and seek help if delays occur.

Company Overview & IPO Use of Funds

Company Snapshot

• Business: Refurbishing and selling laptops, desktops, and ICT devices under the brand Electronics Bazaar.

• Presence: Operates across India, USA, Europe, Africa, and UAE, with over 4,100 service points globally

• IPO Structure: ₹400 crore fresh issue and ₹60.44 crore OFS (around 25.5 lakh shares offered).

Use of IPO Proceeds

• Debt repayment

• Working capital

• General corporate purposes

Quick Facts on GNG Electronics IPO

Final Thoughts and Investor Tips

• Check multiple platforms: Use registrar, BSE, NSE, brokers, and ASBA portals to verify your status.

• Early access helps: If status pages are slow, try during off-peak hours or from a desktop.

• Keep documents handy: PAN, application number, and demat ID are essential.

• Don’t rely solely on GMP: While indicative of sentiment, it's unofficial and volatile.

• Monitor listing day carefully: Despite strong GMP, final listing gains can vary based on market mood.

Whether you're allocated shares or awaiting a refund, being informed ensures you are prepared for the listing debut on July 30. GNG Electronics IPO is expected to be one of the most watched listings in the refurbished tech hardware space this year.