gng electronics limited

gng electronics limited

EBGNG • ISIN: INE18JU01028

BSE, NSE

Listing Price: ₹355

+49.79% Gain
About Company

Incorporated in 2006, GNG Electronics Limited offers refurbishing services for laptops, desktops and ICT Devices, both globally and in India. The company has a significant presence across India, USA, Europe, Africa and UAE.

The company operate under the brand “Electronics Bazaar”, offering sourcing to refurbishment to sales to after– sale services and providing warranty.

The company offers other value–added services such as ITAD and e – waste management services, warranties, doorstep service, on-site installation, flexible pay options, easy upgrades, assured buyback programmes and buyback programmes for refurbished ICT Devices.

GNG Electronics provides tailored buyback solutions for laptops and desktops to help large format retail stores such as Vijay Sales (India) Private Limited (“Vijay Sales”) and OEM brand stores such as HP India Sales Private Limited (“HP”) and Lenovo Global Technology (India) Private Limited (“Lenovo”) to run efficient, customer–friendly buyback programs facilitating sale of new devices.

The company have a sales network with the refurbished ICT Devices being sold in 38 countries as of March 31, 2025. GNG Electronics sales network comprises 4,154 touchpoints in India and globally, as of March 31, 2025.

As of March 31, 2025., The company had 1,194 employees.

Investment Objective

Prepayment and/or repayment, in full or in part, of all or a portion of certain outstanding borrowings availed by the Company and the Material Subsidiary namely, Electronics Bazaar FZC

General Corporate Purposes

₹237

Price Band

14.9K

Min Investment

63 shares

Lot Size

39.14x

P/E Ratio

Important Dates

Issue Opens

23 Jul 2025

Issue Closes

25 Jul 2025

Allotment

28 Jul 2025

Listing

30 Jul 2025

Financial Performance
Offer Documents
RHP
Visit
DHRP
Visit
Issue Details
Issue TypeBB
Face Value₹2
Lead Managers
Motilal Oswal Investment Advisors Limited
IIFL Capital Services Limited
Jm Financial Limited
Min Quantity63
Max Quantity2,109
Company Promoters
Sharad Kh
elwal
Vidhi Sharad Kh
+2 more
Website

https://www.electronicsbazaar.com/

Email

compliance@electronicsbazaar.com

Phone+91 22 3123 658
Address

GNG Electronics Ltd.
Unit No. 415, Hubtown Solaris,
N.S. Phadke Marg,
Andheri (East),
Mumbai, Maharashtra, 400069