About GNG
Electronics
Founded in 2006 and headquartered in Mumbai,
Maharashtra, GNG Electronics operates under the brand Electronics Bazaar.
The company specializes in refurbishing ICT devices such as laptops,
desktops, and servers. With a presence in over 38 countries and 5
major refurbishment centers across India, GNG has built a robust and
sustainable business model.
Their clientele includes tech giants like HP, Lenovo,
and major Indian retailers such as Vijay Sales, underlining their
industry credibility and scale.
GNG Electronics IPO Details
|
Particulars |
Details |
|
IPO Opening Date |
:-July 23, 2025 |
|
IPO Closing Date:- |
July 25, 2025 |
|
Listing Date:- |
July 30, 2025 |
|
Exchange:- |
BSE & NSE |
|
Price Band:- |
₹225 – ₹237 per share |
|
Lot Size:- |
63 shares (₹14,931 minimum investment) |
|
Issue Size:- |
₹460.43 crore |
|
|
- Revenue:
₹1,420.4 crore
- Net
Profit: ₹69 crore
- EBITDA
Margin: ~8.9%
- Return
on Equity (ROE): ~30%
- Debt-to-Equity
Ratio: ~1.9x
These numbers reflect a healthy growth trajectory and
operational efficiency, further solidifying investor confidence.
Purpose of the IPO
GNG Electronics plans to utilize the IPO proceeds for:
- Repayment
of existing borrowings (~₹320 crore)
- Meeting
working capital requirements
- General corporate purpose.
Why Investors Are Bullish on GNG Electronics
- High Demand for Refurbished Devices: With rising device prices and
increased sustainability awareness, the refurbished ICT market is
thriving.
- Global Reach: Active operations in 38+ countries ensure revenue
diversification.
- Solid Financials: Strong topline and bottom-line growth with high
ROE and efficient margins.
- Scalable Model: The company’s robust infrastructure supports future
growth.
Should You Subscribe to GNG Electronics IPO?
Given the strong fundamentals, healthy GMP, and industry
tailwinds, GNG Electronics IPO appears to be a promising opportunity for
both long-term investors and listing gain seekers. However, like all
investments, it's essential to assess personal risk appetite and consult
financial advisors before subscribing.
Final Thoughts
With its IPO, GNG Electronics is not just raising
capital—it’s marking a major milestone in India’s sustainable tech ecosystem.
As one of the largest players in the ICT refurbishing sector, GNG’s listing is
expected to bring more spotlight and investor interest to this high-potential
space.
Stay tuned as GNG Electronics debuts on the BSE and NSE
on July 30, 2025.
