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15 Days Price Change

GNG Electronics IPO

Closing In

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WEBSITE Inc. Year: 2006 Industry: Trading Listed Page

Profile
Issue Size 336.27 Cr
Profile
Price Range 225  to  237 per share
Profile
Min Investment ₹237
Profile
Lot Size 1
Profile
Face Value ₹2
Profile
Draft Prospectus
Invest Before the IPO Goes Live

Buy unlisted shares early and participate in the growth before public listing.

Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Overview

We 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 (Source: 1Lattice Report). We follow a repair-over-replacement approach, which provides cost advantages and helps achieve true sustainability by reducing carbon footprint. Read More

Basic Info

Face Value 2 per share

Price 225  to  237 per share

P/E (x) 33.4

Sales( Cr.) 1411

PAT( Cr.) 69

EPS 7.1

Draft Prospectus

Exchange BSE-NSE

Promoter

Company Promoters

Sharad Khandelwal Vidhi Sharad Khandelwal Amiable Electronics Pvt Ltd. Kay Kay Overseas Corporation

Pre Issue Share Holding 95.01%

Post Issue Share Holding 78.7%

Listing Details:

Listing Price: 350

Listing Gain: 32.29%

Current Price: 439

Gain On Issue: 439 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date Jul 23, 2025
Closing Date Jul 25, 2025
Allotment Jul 28, 2025
Refund Jul 29, 2025
Delivery of Shares Jul 29, 2025
Listing Date Jul 30, 2025

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 63 14,931
Retail (Max) 13 819 194,103
S-HNI (Min) 14 882 209,034
S-HNI (Max) 66 4158 985,446
B-HNI (Min) 67 4221 1,000,377

Objective of the Issue

1. Prepayment and/or repayment, in full or in part, of all or a portion of certain outstanding borrowings availed by our Company and our Material Subsidiary namely, Electronics Bazaar FZC 2. General corporate purposes.

Issue

Category Nos Bid Bid (x)
QIB 4024755 1071435582 266.2x
NII 3049167 694211112 227.7x
Retail 7114722 333268488 46.8x
EMP 0 0 0x
Total 14188644 2098915182 147.9x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

GNG Electronics Profit & Loss

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 520 660 1138 1411
Other Income 1 3 6 9
Total Income 522 663 1144 1420
Total Expenditure 487 613 1059 1294
Operating Profit 35 50 85 126
Interest 8 12 24 38
Depreciation 2 3 4 9
Exceptional Income / Expenses 0 0 0 0
Profit Before Tax 24 35 57 78
Provision for Tax 2 3 5 9
Profit After Tax 22 32 52 69
Adjustments -0 -0 -0 -0
Profit After Adjustments 22 32 52 69
Adjusted Earnings Per Share 2.2 3.3 5.3 7.1

GNG Electronics Balance Sheet

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 79 112 163 226
Minority's Interest 0 0 0 1
Borrowings 16 13 8 73
Other Non-Current Liabilities 1 6 8 6
Total Current Liabilities 98 154 406 414
Total Liabilities 195 285 586 719
Fixed Assets 9 17 41 41
Other Non-Current Assets 1 4 8 3
Total Current Assets 184 265 537 675
Total Assets 195 285 586 719

GNG Electronics Cash Flow

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 20 21 27 68
Cash Flow from Operating Activities -4 25 97 25
Cash Flow from Investing Activities -0 -1 -28 3
Cash Flow from Financing Activities 5 -18 -29 -34
Net Cash Inflow / Outflow 1 6 40 -7
Closing Cash & Cash Equivalent 21 27 68 61

GNG Electronics Ratios

# Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 2.22 3.31 5.34 7.09
CEPS(Rs) 2.45 3.6 0 8.08
DPS(Rs) 0 0 0 0
Book NAV/Share(Rs) 8.12 11.42 16.7 23.31
Core EBITDA Margin(%) 6.39 7.1 6.96 8.28
EBIT Margin(%) 6.24 7.17 7.14 8.27
Pre Tax Margin(%) 4.66 5.37 5.04 5.55
PAT Margin (%) 4.18 4.92 4.6 4.89
Cash Profit Margin (%) 4.61 5.34 4.92 5.56
ROA(%) 11.19 13.52 12.01 10.58
ROE(%) 27.43 33.96 38.08 35.44
ROCE(%) 18.07 21.32 21.69 20.14
Receivable days 29.58 36.89 33.36 23.86
Inventory Days 79.06 68.55 72.04 103.57
Payable days 9.05 7.12 17.28 17.46
PER(x) 0 0 0 0
Price/Book(x) 0 0 0 0
Dividend Yield(%) 0 0 0 0
EV/Net Sales(x) 0.15 0.19 0.22 0.29
EV/Core EBITDA(x) 2.28 2.49 3 3.22
Net Sales Growth(%) 0 26.71 72.56 23.98
EBIT Growth(%) 0 45.57 71.92 43.62
PAT Growth(%) 0 48.96 61.3 31.98
EPS Growth(%) 0 48.89 61.28 32.78
Debt/Equity(x) 1.26 1.36 1.98 1.97
Current Ratio(x) 1.88 1.72 1.32 1.63
Quick Ratio(x) 0.73 0.84 0.55 0.46
Interest Cover(x) 3.95 3.99 3.4 3.04
Total Debt/Mcap(x) 0 0 0 0

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 24% 39% 0% 0%
Operating Profit CAGR 48% 53% 0% 0%
PAT CAGR 33% 46% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR NA% NA% NA% NA%
ROE Average 35% 36% 34% 34%
ROCE Average 20% 21% 20% 20%

Company Contact Information

GNG Electronics Ltd.

Sarita Tufani Vishwakarma

+91 22 3123 6588

compliance@electronicsbazaar.com

Unit No. 415, Hubtown Solaris N. S. Phadke Marg Andheri (East)

IPO Lead Manager(s)

GNG Electronics Ltd.

Motilal Oswal Investment Advisors Pvt Ltd

IIFL Capital Services Ltd.

JM Financial Ltd.

Registrar Info

GNG Electronics Ltd.

Bigshare Services Pvt Ltd

Office No S6-2, 6th Floor, Pinnacle Business Park,ext to Ahura Centre, Mahakali Caves Road, Andheri (East) Mumbai - 400093 (old address - Bharat Tin Works building, 1st floor, Opp. Vasant Oasis, Andheri East Mumbai - 400 059 Tel: + 91 21 626 38200 Fax:

91-022-62638200

91-022-62638299

Investor@bigshareonline.com

Frequently Asked Questions

All You Need To Know About IPO

When you leave without vesting, generally unvested ESOPs are cancelled. Vested ESOPs usually can be exercised after you depart, often within 3 to 6 months, depending on the company's ESOP plan.

For companies listed on a stock exchange, you can sell the shares any time after you exercise the ESOP option and the shares are in your demat account. If the company is unlisted or otherwise a startup, you can only sell the shares if and when the company announces a buyback or has a process for secondary sales.

Whenever you exercised your options to hold shares, you entered into a market risk situation, and if the valuation of the company drops, so do the shares.

Yes. ESOPs are valuable to the employer in that the employer is able to retain the best talent, align employee interests with company goals, and preserve cash while rewarding performance.

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