IPO Guru
Bajaj
Listed Mainboard

GNG Electronics IPO Subscription Status

GNG Electronics IPO was subscribed 153.24 times when bidding closed on 25 Jul 2025: QIB 275.75x, NII 236.93x, Retail 47.36x.

The GNG Electronics IPO has been subscribed 153.24x times overall. Retail investors have shown interest with bids for 47.36x the shares available. The Non-Institutional Investor (NII) category has been subscribed 236.93x. Within NII, Big HNI (B-HNI) subscribed 264.14x and Small HNI (S-HNI) subscribed 182.52x. Qualified Institutional Buyers (QIBs) have subscribed 275.75x. Data last updated on 10 Nov, 01:05 AM.

The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 23 Jul, 2025 and closes on 25 Jul, 2025. The shares are expected to list on stock exchanges on 30 Jul, 2025.

Abhishek Vohera, Founder of IPO Guru Researched & reviewed by Abhishek Vohera, Founder, IPO Guru Last updated Figures sourced from the RHP, BSE & NSE

Live bidding

Shares bid against shares offered, category by category, as published by the exchanges. Summary splits NII into bHNI (above ₹10 lakh) and sHNI (₹2–10 lakh); switch to Detailed for the exchange's own sub-category rows.

Last updated 10 Nov 2026, 01:05 AM
Category Bid details Times
QIB - of - - 275.75x
NII - of - - 236.93x
bHNI — bid amount above ₹10 Lakh
- - 264.14
sHNI — bid amount ₹2–10 Lakh
- - 182.52
Retail - of - - 47.36x
TOTAL - 42,74,850 applications - 153.24x
Advertisement

GNG Electronics IPO Basis of Allotment

Final Final figures published by the registrar, after technical rejections. Allotment price ₹237.

Applications
42,74,850
Allottees
1,11,428
Overall odds
1 out of 38
Amount collected
₹49,571 Cr
Category Apps Got Odds
TOTAL 107.66x subscribed 42,74,850 1,11,428 1 out of 38

GNG Electronics IPO allotment probability

Your odds of an allotment in each category at the current subscription.

Retail (up to ₹2 L)
1 out of 47
~2.1% chance per PAN — based on 47.36x subscription. Winners get exactly 1 lot (₹14,931) by SEBI lottery, however many lots you bid.
Small HNI (₹2–10 L)
1 out of 183
~0.5% chance — based on 182.52x subscription. Lottery allots the minimum S-HNI application of 14 lots (₹2.1 L) per winner; bidding bigger doesn't improve odds.
Big HNI (above ₹10 L)
1 out of 264
~0.4% chance — based on 264.14x subscription. Lottery allots the minimum NII application of 14 lots (₹2.1 L) per winner, the same as S-HNI; any shares left over are allotted proportionately.
QIB (institutions)
275.75x
Proportionate allotment — at 275.75x, institutions receive ~0.4% of their bid. No lottery; not open to individual investors. Strong institutional endorsement.

Odds = allotment slots ÷ applications, or the subscription multiple where counts aren't available. Retail and HNI allotment is by lottery; QIB is proportionate. Not investment advice.

Subscription insights

What the current book is saying, read off the category numbers above.

Retail Allotment

High demand detected. The retail category is heavily oversubscribed, making the allotment a lottery where only 1 out of every 48 applicants will be successful.

Institutional Backing

Massive institutional interest with QIBs subscribing 275.75x. This often signals long-term confidence from professional funds.

Day-wise subscription history

End-of-day subscription across the 3-day bidding window. On phones, tap a day for the category split.

Date Total
25 Jul 2025
Day 3
153.24x ▼
QIB275.75x BHNI264.14x SHNI182.52x Retail47.36x
24 Jul 2025
Day 2
26.93x ▼
QIB2.21x BHNI68.43x SHNI69.23x Retail23.02x
23 Jul 2025
Day 1
8.99x ▼
QIB1.68x BHNI17.47x SHNI21.62x Retail8.89x

GNG Electronics IPO dates

From the bidding window to listing. Today is 10 November.

Key dates Listed
  1. Open 23 Jul 2025
  2. Close 25 Jul 2025
  3. Allotment 28 Jul 2025
  4. Refund/credit 29 Jul 2025
  5. Listing 30 Jul 2025

Anchor investor allocation

Shares allotted to anchor investors the working day before the issue opened.

Anchor Investor Amt (₹ cr.) % Allocated
GOLDMAN SACHS FUNDS-GOLDMAN SACHS INDIA EQUITY PORTFOLIO ₹22.71 Cr 16.44%
MOTILAL OSWAL LARGE CAP FUND ₹22.71 Cr 16.44%
MIRAE ASSET SMALL CAP FUND ₹22.71 Cr 16.44%
BUOYANT OPPORTUNITIES STRATEGY - II ₹9.00 Cr 6.52%
BENGAL FINANCE & INVESTMENT PVT.LTD. ₹9.00 Cr 6.52%
FOUNDERS COLLECTIVE FUND ₹9.00 Cr 6.52%
MINT FOCUSED GROWTH FUND PCC-CELL 1 ₹9.00 Cr 6.52%
EDELWEISS AGGRESSIVE HYBRID FUND ₹5.85 Cr 4.24%
LC PHAROS MULTI STRATEGY FUND VCC-LC PHAROS MULTI STRATEGY FUND SF1 ₹5.00 Cr 3.62%
SAMEEKSHA INDIA EQUITY FUND ₹5.00 Cr 3.62%
NIVESHAAY HEDGEHOGS FUND ₹5.00 Cr 3.62%
M7 GLOBAL FUND PCC-ASAS GLOBAL OPPORTUNITIES FUND ₹5.00 Cr 3.62%
ASTORNE CAPITAL VCC-ARVEN ₹5.00 Cr 3.62%
EDELWEISS RECENTLY LISTED IPO FUND ₹3.15 Cr 2.28%
TOTAL ₹138.13 Cr 100.02%
View allotment letter PDF →

What does this subscription data mean?

IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:

  • 01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
  • 02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
  • 03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
  • 04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.

Data sourced from BSE/NSE. Subscription numbers are updated during bidding hours (10 AM – 5 PM IST) on active subscription days.

Frequently asked

What is the current subscription status of GNG Electronics IPO?

As of IPO close date (25 Jul, 2025), the GNG Electronics IPO is subscribed 153.24x times. Retail category is 47.36x, and NII is 236.93x subscribed.

When is the allotment date for GNG Electronics IPO?

The allotment for GNG Electronics IPO is expected to be finalized on 28 July, 2025.

What is the GMP of GNG Electronics?

The Grey Market Premium (GMP) for GNG Electronics is currently ₹92, indicating a potential listing gain of 39%.

When will GNG Electronics IPO list on the stock market?

GNG Electronics is scheduled to list on BSE and NSE on 30 July, 2025.

What are the chances of getting allotment in GNG Electronics IPO?

The retail category is oversubscribed at 47.36x, meaning allotment is by lottery. Statistically, approximately 1 in 48 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.

What does QIB subscription of 275.75x mean for GNG Electronics IPO?

Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 275.75x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.

How to check GNG Electronics IPO allotment status?

After the allotment date (28 Jul, 2025), you can check your GNG Electronics IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.

Explore GNG Electronics IPO further

Track every stage of this IPO, from subscription to listing.

IPO Guru App
IPO Guru on Android

Subscription moves by the hour. Get it on your phone.

Live GMP alerts, subscription updates and allotment status for every Mainboard and SME issue — fast, free and secure.

Get it on Google Play Join the WhatsApp channel

Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.

Total
153.24x
QIB
275.75x
NII
236.93x
bHNI
264.14x
sHNI
182.52x
Retail
47.36x
Full IPO details
Advertisement