GNG Electronics ipo date, Share Price Target Tomorrow, 2025, 2026, 2030
GNG Electronics is a reputable company that repairs and sells used electronic devices, including laptops, desktops, tablets, servers, smartphones, and related accessories. Their main job is to collect old devices, repair them, and resell them. They help protect the environment by reducing electronic waste. It sells products not only in India but also in countries like the USA, Europe, Africa, and the UAE. They work with big companies like HP and Lenovo and follow important safety and quality rules. They offer many useful services like warranty, doorstep repair, easy payment plans, upgrade options, buyback programs, and renting devices to businesses. It helps people and companies get good-quality technology at lower prices.
- 1 What is the GNG Electronics Ltd IPO?
- 2 GNG Electronics IPO Details
- 3 GNG Electronics share price Target Tomorrow
- 4 GNG Electronics Price Target 2025
- 5 GNG Electronics share price Target 2026
- 6 Share price Target 2027
- 7 Share price Target 2028
- 8 Share price Target 2029
- 9 GNG Electronics share price Target 2030
- 10 Share price Target 2040
- 11 Share Price Target 2050
- 12 Should I buy Indiqube Spaces stock?
- 13 GNG Electronics earnings results (Financials)
- 14 Is GNG Electronics stock good to buy? (bull case & bear case)
- 15 GNG Electronics IPO Promoter Holding
- 16 Objects of the Issue (GNG Electronics IPO Objectives)
- 17 GNG Electronics ipo gmp
- 18 Conclusion
- 19 FAQs
What is the GNG Electronics Ltd IPO?
GNG Electronics is an Indian company established in 2006 in Navi Mumbai by Rajesh Mewani. It sells used electronic devices under the brand name Electronics Bazaar. The company’s goal is to make technology more affordable and reduce waste by repairing old devices instead of throwing them away. It has five big repair centres in India, the USA, and the UAE. It sells its products in over 35 countries, including Europe and Africa, with the help of more than 3,200 sellers and partners. The company offers over 5,000 types of products and makes most of its money from selling laptops. It also helps companies safely get rid of old electronics, manage e-waste, and provides support after the sale. It works with big brands like HP and Lenovo.
GNG Electronics IPO Details
| IPO Date | July 23, 2025 to July 25, 2025 |
| Listing Date | [.] |
| Face Value | ₹2 per share |
| Price Band | ₹225 to ₹237 per share |
| Minimum Investment | ₹14175 |
| Lot Size | 63 Shares |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Shareholding Post Issue | 9,71,33,880 shares |
| Share Holding Post Issue | 11,40,11,517 shares |
The company is growing fast and doing well financially. Its sales and profits have gone up a lot over the years, and it’s using its money in a smart way. The company is earning more from each sale, which means it’s keeping its costs low. Even though it has taken more loans and needs to manage its cash better, the business is still strong. So, overall, it seems like a successful and fast-growing company.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| Tomorrow | -09 | +27 |
GNG Electronics Price Target 2025
The company makes sure the products work well and look good, offering them at lower prices than new ones. It sells things like laptops, tablets, workstations, and servers. It also helps businesses to manage electronic waste and gives warranties on its products. It has five centres where it does this work, mainly in Navi Mumbai, and also in Dallas and Sharjah. In 2025, its share price target would be ₹378, as per our analysis.
By our prediction, its share price would be between ₹172 to ₹378 in 2025.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2025 | 172 | 378 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| July | 213 | 263 |
| August | 200 | 282 |
| September | 172 | 300 |
| October | 235 | 332 |
| November | 274 | 353 |
| December | 290 | 378 |
It is the biggest company in India that repairs and sells used laptops and desktops, and one of the biggest companies for fixing and reusing old tech devices. The company works on many types of devices. The products it refurbishes look and work like new, but cost less. The company wants to make good-quality technology more affordable for everyone. It also gives a warranty of one to three years on its products, so customers can feel confident about their purchase. In 2026, its share price target would be ₹498, as per our prediction.
Its share price would be between ₹311 to ₹498 in 2026, as per our analysis.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2026 | 311 | 498 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 311 | 378 |
| February | 321 | 392 |
| March | 328 | 403 |
| April | 324 | 414 |
| May | 335 | 424 |
| June | 347 | 441 |
| July | 358 | 449 |
| August | 374 | 453 |
| September | 381 | 457 |
| October | 380 | 462 |
| November | 384 | 475 |
| December | 400 | 498 |
It has received important certificates for following safe and eco-friendly ways to recycle old electronics. These include the ‘Extended Producer Responsibility’ certificate from the Central Pollution Control Board and the ‘Responsible Recycling Version 3’ certificate from SERI. The company takes care of the environment while recycling. It has long-term partnerships with big tech companies like HP, Lenovo, and Microsoft, which help build trust and show its strong position in the refurbished electronics market. In 2027, its share price target would be ₹627, as per our analysis.
By our prediction, its share price would be between ₹455 to ₹627 in 2027.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2027 | 455 | 627 |
It has a big service and sales network with 4,154 locations in India and other countries. This network includes different types of sellers and companies that help connect products, so they can reach more customers and give better service. The company also has five refurbishing centres in India, the UAE, and the USA, covering a total of 58,127.82 square feet. These centres use modern tools and have skilled workers, which helps them fix and prepare many devices quickly while making sure each one works well and is of good quality. In 2028, its share price target would be ₹766, as per our prediction.
Its share price would be between ₹570to ₹766 in 2028, as per our analysis.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2028 | 570 | 766 |
The company follows good rules for quality, keeping information safe, protecting the environment, and making sure workers are safe. It has some quality check certificates proving that the company works carefully to provide good products and services, take care of the planet, and keep its employees safe. Over time, the company’s sales and profits have grown continuously. This growth means the company is doing a good job, has smart plans to stay strong in the market. In 2029, its share price target would be ₹887, as per our analysis.
By our prediction, its share price would be between ₹713 to ₹887 in 2029.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2029 | 713 | 887 |
More people around the world are now buying refurbished personal computers because they are cheaper and still work well. This has made the market for refurbished PCs grow fast. In India, too, more people are choosing refurbished computers, and the market is growing even faster than before. Instead of buying used computers as they are, many people now prefer refurbished ones because they are checked and repaired to work like new. In 2030, its share price target would be ₹1030, as per our analysis.
By our prediction, its share price would be between ₹849 to ₹1038 in 2030.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2030 | 849 | 1038 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 849 | 923 |
| February | 868 | 939 |
| March | 860 | 942 |
| April | 869 | 955 |
| May | 878 | 960 |
| June | 889 | 967 |
| July | 900 | 975 |
| August | 912 | 982 |
| September | 932 | 990 |
| October | 945 | 997 |
| November | 940 | 1014 |
| December | 949 | 1038 |
The company helps people who want good-quality and reliable electronic devices at lower prices. These devices work and look almost like new. It also offers special services based on what each customer needs. It works with many types of devices like laptops, desktops, tablets, servers, smartphones and accessories. These are repaired carefully to make sure they perform well and look good. They are sold at much cheaper prices than new ones. It was one of the first to give warranties on refurbished devices, helping people trust their products. In 2040, its share price target would be ₹2224, as per our prediction.
Its share price would be between ₹1820 to ₹2224 in 2040, as per our analysis.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2040 | 1820 | 2224 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 1820 | 1904 |
| February | 1838 | 1917 |
| March | 1835 | 1932 |
| April | 1854 | 1956 |
| May | 1850 | 1967 |
| June | 1867 | 1980 |
| July | 1878 | 2000 |
| August | 1890 | 2078 |
| September | 1912 | 2097 |
| October | 1951 | 2112 |
| November | 1980 | 2125 |
| December | 2088 | 2224 |
The company works with top brands like Lenovo and HP to refurbish old devices and make them like new. It also helps companies like banks and IT firms by safely handling their old devices in a way that protects the environment and keeps data secure. Besides selling refurbished products, it offers many useful services such as collecting old devices, managing e-waste, giving product warranties, providing home delivery and setup, flexible payment plans, easy upgrade options, and buyback programs where customers can return old devices. In 2050, its share price target would be ₹3483, as per our analysis.
By our prediction, its share price would be between ₹3132 to ₹3483 in 2050.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2050 | 3132 | 3483 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 3132 | 3200 |
| February | 3142 | 3221 |
| March | 3154 | 3257 |
| April | 3167 | 3270 |
| May | 3185 | 3289 |
| June | 3200 | 3314 |
| July | 3221 | 3335 |
| August | 3242 | 3358 |
| September | 3250 | 3374 |
| October | 3275 | 3412 |
| November | 3290 | 3442 |
| December | 3351 | 3483 |
Should I buy Indiqube Spaces stock?
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2025 | 172 | 378 |
| 2026 | 311 | 498 |
| 2027 | 455 | 627 |
| 2028 | 570 | 766 |
| 2029 | 713 | 887 |
| 2030 | 849 | 1038 |
| 2040 | 1820 | 2224 |
| 2050 | 3132 | 3483 |
It repairs and sells used gadgets like laptops and phones. They sell in India and other countries and work with big brands. They help protect the environment by reducing waste and making technology cheaper for people. The company is growing and earning more money each year, and they offer warranties and easy payments. But they have some loans to pay back and mostly earn money from laptops, so if laptop sales go down, it could be a problem. Overall, it seems like a good company, but you should watch its debts and market changes before investing.
GNG Electronics earnings results (Financials)
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
| Sales + | 245 | 344 | 519 | 661 | 1,138 | 1,411 |
| Expenses + | 239 | 331 | 489 | 616 | 1,063 | 1,294 |
| Operating Profit | 6 | 13 | 31 | 45 | 75 | 117 |
| OPM % | 2% | 4% | 6% | 7% | 7% | 8% |
| Other Income + | 1 | 2 | 1 | 3 | 5 | 9 |
| Interest | 5 | 6 | 8 | 12 | 23 | 38 |
| Depreciation | 0 | 1 | 1 | 1 | 1 | 9 |
| Profit before tax | 2 | 8 | 23 | 36 | 56 | 78 |
| Tax % | 15% | 11% | 11% | 8% | 8% | 12% |
| Net Profit + | 2 | 7 | 20 | 33 | 51 | 69 |
| EPS in Rs | ||||||
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
Is GNG Electronics stock good to buy? (bull case & bear case)
Bull Case:
- The company’s revenue grew, reaching ₹1,420 crore annually.
- It made a profit after tax with a margin of about 4.86%.
- It is India’s biggest Microsoft-approved refurbisher and works with big brands like Lenovo and HP.
- The company sells in 38 countries, including India, the USA, Europe, Africa, and the UAE, showing it has a wide reach.
- Refurbished laptops cost about one-third of new ones, making them cheaper and better for the environment.
- The demand for used electronics is growing worldwide, which helps the company’s business.
Bear Case:
- The company owes ₹447 crore, and its debt compared to its equity is 2.46, which means it has a lot of loans.
- Almost 76% of its money comes from selling laptops, so if laptop sales drop, it will impact the business.
- The company’s profits can go down if the prices of electronic parts go up.
GNG Electronics IPO Promoter Holding
Sharad Khandelwal, Vidhi Sharad Khandelwal, Amiable Electronics Private Limited and Kay Kay Overseas Corporation are the company promoters.
| Shareholding Post Issue | 95.01% |
| Share Holding Post Issue | — |
Objects of the Issue (GNG Electronics IPO Objectives)
- The company will use ₹320.00 crores to pay back some of the loans it and its subsidiary, Electronics Bazaar FZC, have taken.
- It will use an unspecified amount for regular business activities and other general needs.
GNG Electronics ipo gmp
| Date | IPO GMP | Kostak | Subject to |
| 21 July | ₹76 | ₹- | ₹3,500 |
| 19 July | ₹40 | ₹- | ₹- |
| 18 July | ₹- | ₹- | ₹- |
Conclusion
It is a company that fixes and sells used electronics like laptops, desktops, and phones. This helps people get good-quality devices at lower prices and also helps reduce electronic waste. The company works with HP and Lenovo and sells its products in India and many other countries. It is growing well, making more money each year, and provides useful services like warranties and home repairs. Even though it has some loans and depends a lot on laptop sales, its wide reach, smart services, and eco-friendly work make it a good option for people who want to invest in the used electronics market.
