Overview

• GNG Electronics is finalizing IPO allotment on July 28, and investors can check allocation status on the BSE, NSE or Bigshare Services websites.
• The ₹460.43 crore offer comprised ₹400 crore of fresh shares and a 25.5 lakh-share offer-for-sale to repay debt and fund corporate growth.
• Demand was exceptionally strong, with the IPO oversubscribed nearly 148 times overall and category subscriptions of 266.21× for QIBs, 227.67× for NIIs and 46.84× for retail investors.
• Grey market reports show a premium of ₹94 per share, implying an estimated listing price of ₹331 and a potential gain of approximately 39.7% over the upper price band.
• Successful allotments will be credited and refunds initiated on July 29 ahead of the shares’ simultaneous listing on the BSE and NSE on July 30, 2025.