GNG Electronics IPO GMP hits ₹100 today, suggesting a lucrative ~42–44% listing gain. Explore IPO details, subscription trends, GMP drivers, brokerage ratings, and whether to apply now.
📈 GNG Electronics IPO GMP Today: What’s Brewing?
Launched on July 23, GNG Electronics Ltd’s IPO is garnering buzz. As of July 24 morning, grey market premium (GMP) has surged to ₹100, marking a steep ~42–44% upside based on the ₹225–237 price band.(turn0search0, turn0search8)
📊 IPO Snapshot & Subscription Stats
| Detail | Information |
|---|---|
| Price Band | ₹225 – ₹237 |
| Issue Size | ₹460.43 cr (₹400 cr fresh + ₹60.43 cr OFS) |
| Lot Size | 63 shares (~₹14,931) |
| IPO Window | July 23–25, 2025 |
| Subscription Day 1 | ~9× overall; NIIs ~18.9×, Retail ~8.9×; QIB ~1.7× (turn0search9) |
| Allotment Date | July 28, 2025 |
| Tentative Listing Date | July 30, 2025 |
💸 GMP Surge Explained
- Exceptionally strong subscription (9×) on Day 1 signaled high demand.(turn0search2, turn0search9)
- Solid financials: FY25 revenue ₹1,411 cr (+24% YoY), PAT ₹69 cr; RoE ~30%; EBITDA margins ~8.9%.(turn0search0, turn0search9)
- Market sentiment: Mint, Moneycontrol, and INDmoney note GMP between ₹100–105 today, up from ₹83–85 yesterday.(turn0news12, turn0search6, turn0search0)
📍 Market Reactions & Broker View
- Brokerages like SBI, Canara Bank, Arihant, Ventura, and SBI Cap have all recommended Subscribe, citing strong growth, niche dominance, and strategic debt reduction.(turn0search10, turn0search9)
- SBI Securities highlights GNG’s position as India’s largest refurbisher, backed by international presence and consistent earnings growth.(turn0search9)
Should You Apply Based on Today’s GMP?
✅ Short-Term Listing Play:
- A ₹100 GMP means investors expect a listing price around ₹337 (237 + 100), i.e., ~42–44% upside.
- Ideal for quick gains, but remember: GMP is unofficial and volatile.
📈 Mid-Term Fundamentals:
- The firm plans to repay ₹320 cr of debt, improving margin and reducing interest burden.
- Continued demand for refurbished electronics supports long-term potential.
- Watch for concentration risk: ~75% revenue from laptops, ~76% revenue from international markets.
🙋 FAQs
Q1: What does ₹100 GMP mean today?
It means shares are trading at ₹100 above their issue price in the grey market. This points to expected listing around ₹337 (₹237 + ₹100), a ~42–44% premium.
Q2: Is this GMP guaranteed?
No. GMP is volatile and based on informal trades—it doesn’t guarantee final listing price.
Q3: Why is GMP so high?
Strong subscription, robust earnings, and positive brokerage recommendations have boosted investor sentiment.
Q4: Should I subscribe now?
If you’re aiming for short-term gains and okay with IPO risks, GMP suggests high listing potential. For long-term investors, assess growth strategy and execution before participating.
📌 Bottom Line
GNG Electronics IPO shows extraordinary buzz—₹100 GMP reflects aggressive investor optimism. Brokerages rate it a Subscribe, but remember GMP is speculative. If you’re chasing quick upside, this could be a bet—just ensure you’re comfortable with market risks and fundamentals.
⚠️ Disclaimer
This article is for informational purposes only and not investment advice. GMP is unofficial and may change rapidly. Consult a SEBI-registered advisor before making investment decisions.
