GNG Electronics
July 23, 2025 – July 25, 2025
| Price | ₹0 - ₹0 |
| Premium | ₹0 |
|---|---|
| Lot size | 0 |
| Allotment | Jul 28, 2025 |
| Listing | Jul 30, 2025 |
GNG Electronics About
IPO Details
| Total Issue Size | [.] shares (aggregating up to * Cr) |
| Fresh Issue Size | [.] shares (aggregating up to 825 Cr) |
| Offer for Sale Size | 9,700,000 shares (aggregating up to 825 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 9,71,33,880 shares |
IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Offer |
| Retail Shares Offered | Not less than 35% of the Offer |
| NII Shares Offered | Not less than 15% of the Offer |
Key Performance Indicators
| KPI | Sep-24 | Mar-24 | Mar-23 |
|---|---|---|---|
| ROE | 17.76% | 31.96% | 28.97% |
| ROCE | 8.43% | 16.72% | 17.91% |
| RONW | 17.76% | 31.96% | 28.97% |
| EPS (basic) | 3.61 | 5.37 | 3.33 |
Financial Details In Crores
| Period Ended | Sep-24 | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|---|
| Assets | 741.2 | 585.8 | 285.5 | 194.7 |
| Revenue | 613.0 | 1143.8 | 662.8 | 521.9 |
| Profit After Tax | 35.2 | 52.3 | 32.4 | 21.8 |
| EBITDA | 63.4 | 84.9 | 50.0 | 34.7 |
| Net Worth | 197.6 | 163.1 | 111.6 | 79.4 |
| Reserves and Surplus | 197.6 | 163.1 | 111.6 | 79.3 |
| Total Borrowing | 408.6 | 309.6 | 100.6 | 57.2 |
Company Overview
Incorporation Year: 2006
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.
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.
GNG Electronics Lead Manager(s)
GNG Electronics Address
GNG Electronics Ltd.
Unit No. 415, Hubtown Solaris,
N.S. Phadke Marg,
Andheri (East),
Mumbai, Maharashtra, 400069
Phone: +91 22 3123 658
Email: compliance@electronicsbazaar.com
Website: https://www.electronicsbazaar.com/