GNG Electronics
July 23, 2025 – July 25, 2025
| Price | ₹225 - ₹237 |
| Premium | ₹100 |
|---|---|
| Lot size | 63 |
| Allotment | Jul 28, 2025 |
| Listing | Jul 30, 2025 |
🏢 GNG Electronics – Category Wise Reservation
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 63 | ₹14,931 | 1,07,931 |
| sHNI | 14 | 882 | ₹2,09,034 | 1,101 |
| bHNI | 67 | 4,221 | ₹10,00,377 | 2,203 |
📈 IPO Details
| Detail | Information |
|---|---|
| Total Issue Size | 1,94,27,637 shares (₹460.44 Cr) |
| Fresh Issue Size | 1,68,77,637 shares (₹400 Cr) |
| Offer for Sale Size | 25,50,000 shares (₹60.44 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 9,71,33,880 shares |
| Share Holding Post Issue | 11,40,11,517 shares |
📊 IPO Reservation Breakdown
| Investor Category | Shares Offered |
|---|---|
| QIB | Not more than 50% of the Offer |
| Retail | Not less than 35% of the Offer |
| NII | Not less than 15% of the Offer |
🔍 Key Performance Indicators (KPI)
KPI Mar-25 Mar-24 Mar-23 ROE 30.40% 31.96% 28.97% ROCE 17.31% 16.72% 17.91% RONW 30.40% 31.96% 28.97% EPS 7.09 5.37 3.33 P/E (Pre IPO) 33.35 — — P/E (Post IPO) 39.14 — —
| KPI | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| ROE | 30.40% | 31.96% | 28.97% |
| ROCE | 17.31% | 16.72% | 17.91% |
| RONW | 30.40% | 31.96% | 28.97% |
| EPS | 7.09 | 5.37 | 3.33 |
| P/E (Pre IPO) | 33.35 | — | — |
| P/E (Post IPO) | 39.14 | — | — |
💰 Financial Highlights (in ₹ Crores)
Metric Mar-25 Mar-24 Mar-23 Assets 719.5 585.8 285.5 Revenue 1420.4 1143.8 662.8 Profit After Tax 69.0 52.3 32.4 EBITDA 126.1 84.9 50.0 Net Worth 226.5 163.1 111.6 Reserves & Surplus 176.6 132.7 81.1 Total Borrowing 446.9 322.3 152.0
Core Business: Refurbishing services for laptops, desktops, and ICT devices
Brand: Electronics Bazaar
Presence: India, USA, Europe, Africa, UAE
Sales Network: 3,265 touchpoints across 35 countries (as of September 30, 2024)
Key Offerings:
Refurbishment and resale of ICT devices
End-to-end services: Sourcing, Refurbishment, Sales, After-sales
Value-added services include:
IT Asset Disposition (ITAD)
E-waste management
Warranties and doorstep service
On-site installation
Flexible payment and upgrade options
Assured and tailored buyback programs
Strategic Partnerships:
Retail partner: Vijay Sales (India)
OEM partners: HP India, Lenovo India
Provides customized buyback solutions to support new device sales through partner channels
| Metric | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| Assets | 719.5 | 585.8 | 285.5 |
| Revenue | 1420.4 | 1143.8 | 662.8 |
| Profit After Tax | 69.0 | 52.3 | 32.4 |
| EBITDA | 126.1 | 84.9 | 50.0 |
| Net Worth | 226.5 | 163.1 | 111.6 |
| Reserves & Surplus | 176.6 | 132.7 | 81.1 |
| Total Borrowing | 446.9 | 322.3 | 152.0 |
Core Business: Refurbishing services for laptops, desktops, and ICT devices
Brand: Electronics Bazaar
Presence: India, USA, Europe, Africa, UAE
Sales Network: 3,265 touchpoints across 35 countries (as of September 30, 2024)
Key Offerings:
Refurbishment and resale of ICT devices
End-to-end services: Sourcing, Refurbishment, Sales, After-sales
Value-added services include:
IT Asset Disposition (ITAD)
E-waste management
Warranties and doorstep service
On-site installation
Flexible payment and upgrade options
Assured and tailored buyback programs
Strategic Partnerships:
Retail partner: Vijay Sales (India)
OEM partners: HP India, Lenovo India
Provides customized buyback solutions to support new device sales through partner channels
Strength
Market Leadership: India’s largest refurbisher of laptops and desktops, and among the top refurbishers of ICT devices globally.
Global Operations: Five refurbishing facilities across India, USA, and UAE with a strong international footprint.
Robust Ecosystem: Established global supply chain, deep vendor network, and a wide, diversified customer base.
Market Leadership: India’s largest refurbisher of laptops and desktops, and among the top refurbishers of ICT devices globally.
Global Operations: Five refurbishing facilities across India, USA, and UAE with a strong international footprint.
Robust Ecosystem: Established global supply chain, deep vendor network, and a wide, diversified customer base.
Weakness
Product Concentration Risk: A significant portion of revenue (over 75%) comes from laptop sales; any decline in demand may adversely affect business performance.
Supply Chain Volatility: Fluctuations in prices and availability of key parts and materials can impact operations and margins.
Distribution Dependency: Heavy reliance on a widespread sales network; any disruption could negatively impact sales and operations.
Product Concentration Risk: A significant portion of revenue (over 75%) comes from laptop sales; any decline in demand may adversely affect business performance.
Supply Chain Volatility: Fluctuations in prices and availability of key parts and materials can impact operations and margins.
Distribution Dependency: Heavy reliance on a widespread sales network; any disruption could negatively impact sales and operations.
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