246  Total SME IPOs listed in 2024

9557.56 Crs.  Total funds raised in 2024

222  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

246  Total SME IPOs listed in 2024

9557.56 Crs.  Total funds raised in 2024

222  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

246  Total SME IPOs listed in 2024

9557.56 Crs.  Total funds raised in 2024

222  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

246  Total SME IPOs listed in 2024

9557.56 Crs.  Total funds raised in 2024

222  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

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GNG Electronics Limited

Mumbai

Date of DRHP : 14 Dec 2024

Issue Type : Book Building Process

IPO Type :
MainBoard IPO

GNG Electronics Basic Details

   Information Technology - Hardware

Sub Sector: refurbisher of laptops and desktops

About the Company

They are India’s largest refurbisher of laptops and desktops and among the largest refurbishers of ICT Devices overall, both globally and in India with significant presence across India, USA, Europe, Africa and UAE, in terms of value, as of March 31, 2024 . They follow a repair-over-replacement approach, which provides cost advantages and helps achieve true sustainability by reducing carbon footprint. They are India’s largest Microsoft Authorised Refurbisher, in terms of refurbishing capability, as of Fiscal 2024. They are also the IT asset disposal partner for India’s second – largest software company, in terms of market capitalisation as of Calendar Year 2024, procuring their used IT assets

Financial Summary (Annualised Basis)

Revenue :
1225.80 Cr.

PAT :
70.40 Cr.

GNG Electronics IPO Registrar

Bigshare Services Private Limited

GNG Electronics DRHP Details

Objects of issue

  • Prepayment and/or repayment, in full or in part, of all or a portion of certain outstanding borrowings availed by the Company and their Material Subsidiary namely, Electronics Bazaar FZC
  • . Funding the working capital requirements of our Company
  • General corporate purposes

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GNG Electronics Limited

 MainBoard IPO

  Mumbai


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FAQs

GNG Electronics operates in Information Technology - Hardware and refurbisher of laptops and desktops. The Issue would be listed on MainBoard. The registrar of the Issue is Bigshare Services Private Limited. The IPO type of GNG Electronics is Book Building Process and Object of issue is

  • Prepayment and/or repayment, in full or in part, of all or a portion of certain outstanding borrowings availed by the Company and their Material Subsidiary namely, Electronics Bazaar FZC
  • . Funding the working capital requirements of our Company
  • General corporate purposes

The DRHP (Draft Red Herring Prospectus) of GNG Electronics IPO was filed on 14 Dec 2024.

No, GNG Electronics IPO is not yet listed. See other upcoming MainBoard IPOs here.

The IPO open date and IPO close date of GNG Electronics are not available now. You can apply in GNG Electronics IPO online using either UPI or ASBA as a payment method. ASBA IPO application can be done through net banking of your bank account. UPI IPO application is also offered by brokers, though they don't handle any banking services.

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