GNG Electronics IPO: A Smart Investment? (Complete Guide)
The refurbished electronics market is booming in India, and GNG Electronics is leading the charge. With their IPO coming soon, here’s everything you need to know to make an informed decision.
At a Glance
IPO Dates: July 23-25, 2025
Price Range: ₹225-237 per share
Minimum Investment: ₹14,931 (63 shares)
Listing Date: July 30, 2025
What Does GNG Electronics Do?
GNG gives used computers and phones a second life. They:
- Buy used devices from businesses and individuals
- Repair and refurbish them to like-new condition
- Sell them at 30-50% below new device prices
- Offer warranties just like new products
IPO Details Made Simple
| Key Point | Details |
|---|---|
| Total Shares Offered | 1.94 crore shares |
| Fresh Shares | 1.69 crore shares |
| Price Band | ₹225-237 per share |
| Where to Apply | Through your brokerage account |
Financial Performance
The company’s growth tells an interesting story:
| Year | Revenue (₹ Cr) | Profit (₹ Cr) | Growth |
|---|---|---|---|
| 2024 | 1,144 | 52 | – |
| 2025 | 1,420 | 69 | 24% (Revenue) 32% (Profit) |
Future Price Expectations
Analysts have varying predictions:
| Year | Low Estimate | High Estimate |
|---|---|---|
| 2025 | ₹172 | ₹378 |
| 2026 | ₹311 | ₹498 |
| 2030 | ₹849 | ₹1,038 |
Reasons to Consider Investing
- Growing demand for affordable tech
- Environmentally friendly business model
- Strong partnerships with major brands
- Consistent revenue and profit growth
Potential Risks
- Dependent on global supply chains
- Increasing competition in the space
- New devices becoming cheaper
- IPO stocks can be volatile initially
How GNG Compares to Others
The company stands out in several ways:
- Larger scale than most Indian refurbishers
- Global presence in US and Middle East markets
- Wider product range beyond just smartphones
- Corporate partnerships with major tech companies
Final Verdict
GNG Electronics presents an interesting opportunity for investors who:
- Believe in the growth of refurbished electronics
- Are comfortable with moderate risk
- Have a long-term investment horizon
The IPO could see initial price swings, but the company’s fundamentals appear solid.
Common Questions
How do I apply for the GNG Electronics IPO?
You can apply through your brokerage account during the IPO period (July 23-25, 2025). Look for the IPO section in your trading app or website.
What’s a realistic price target for 2030?
Most analysts predict between ₹500-1,000 per share by 2030, depending on the company’s execution and market conditions.
Note: This is not investment advice. The stock market involves risk, and you should do your own research or consult a financial advisor before investing.
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