To apply for the GNG Electronics IPO, investors need to log in to their trading account through their preferred broker’s platform. Within the IPO section, locate “GNG Electronics IPO” and click on the ‘Apply’ option. Enter the number of lots (minimum of 63 shares per lot) and select a bid price within the ₹225 to ₹237 range. Provide your UPI ID for payment authorisation and ensure that sufficient funds are available in the linked bank account. After verifying the application details, submit the form and approve the UPI mandate before the cut-off time of 5 PM on July 25, 2025, to complete the application process.
For complete details on this public offering, visit the GNG Electronics IPO page on Bajaj Broking’s website.
GNG Electronics IPO Application Process
The GNG Electronics IPO application process can be completed online through your trading platform. Below is a step-by-step guide to applying for the IPO:
Step 1: Login to Your Trading Platform
Access your trading account using Bajaj Broking’s app or website.
Step 2: Navigate to the IPO Section
Go to the IPO section to view active IPO listings.
Step 3: Select the Open IPO and Click Apply
Locate GNG Electronics IPO in the list of available IPOs and click the ‘Apply’ button.
Step 4: Enter the Quantity of Shares You Wish to Apply For
Specify the number of shares (minimum lot size: 63 shares) within the price band of ₹225 to ₹237 per share.
Step 5: Provide Your UPI ID
Enter your UPI ID for payment authorization and ensure sufficient funds in your bank account.
Step 6: Confirm the Application
Review your application details and confirm the UPI mandate before 5 PM on the last application day.
Step 7: Complete the Process and Wait for Allotment
Submit the application and monitor the allotment status to check if shares have been allocated to you.
Additional Read: GNG Electronics IPO Investment Guide: Objectives & Opportunities
About GNG Electronics IPO: Overview and Key Facts
The GNG Electronics IPO is scheduled to open on July 23, 2025, and will close on July 25, 2025, with shares listed on both the BSE and NSE. The subscription price band is set between ₹225 and ₹237 per share, and each retail lot comprises 63 shares, amounting to a minimum investment just under ₹15,000. The IPO includes an offer of 1,94,27,637 equity shares, aggregating up to a value of ₹460.43 crore, subject to allocation and pricing.
Proceeds from the IPO are primarily earmarked for repayment or prepayment of existing borrowings incurred by GNG Electronics and its material subsidiary. Any remainder will be used for general corporate purposes. The company has also appointed Bigshare Services Pvt Ltd as the registrar, while Motilal Oswal Investment Advisors Limited is acting as lead manager, as outlined in official filings and the Red Herring Prospectus.
GNG Electronics has set forth a clear timeline for the pre-listing process: tentative allotment will be issued by Monday, July 28, 2025, with refunds initiated on July 29, followed by credit to demat accounts the same day. The shares are expected to list on Wednesday, July 30, 2025. Participants must ensure their UPI mandate is approved by 5 PM on July 25 to complete their IPO application successfully.
To check your application status, visit the GNG Electronics IPO Allotment Status page on Bajaj Broking’s website.