GNG Electronics IPO Allotment Live: Ahead of July 30 listing, here's what you need to know about GNG Electronics IPO's allotment, refund and more

No Shares Allotted?

If you haven’t received any allotment, the amount blocked through ASBA or UPI will be automatically released.

Refund Timeline:

The unblocking of funds is expected to start on July 29, 2025, a day after the allotment is finalized.

Refund Initiation:

The IPO registrar triggers the refund process. You’ll get an SMS or email notification from your bank once the funds are released.

Facing a Delay?

If your funds are not released by July 30, 2025, contact your bank or the IPO registrar immediately for help.

Post-Refund:

Once unblocked, the funds will be available in your account and can be used for other purposes, including new IPO applications.

Quick Tip:

Always cross-check your bank account or UPI transaction history to ensure the funds have been successfully credited back.

PAN Number: A 10-character alphanumeric code issued by the Income Tax Department, essential for verifying your identity during the IPO process.

Application Number: A distinct number assigned to your IPO application, typically found in the confirmation SMS or email from your broker, or listed on your application form.

Demat Account Number (DP/Client ID): The unique ID linked to your Demat account, where the allotted shares will be deposited if your application is successful.

The initial share sale of Brigade Hotel Ventures Ltd fetched 4.48 times subscription on the closing day of bidding on Monday.

The initial public offering (IPO) received bids for 22,95,01,142 shares against 5,11,93,987 shares on offer, according to data available with the NSE.

Retail Individual Investors (RIIs) category attracted 6.40 times subscription while the quota for Qualified Institutional Buyers (QIBs) got subscribed 5.42 times. The portion for non-institutional investors received 1.92 times subscription.

The initial public offer of Shanti Gold International Ltd received 4.93 times subscription on the second day of bidding on Monday.

The initial share sale got bids for 6,24,11,100 shares against 1,26,67,200 shares on offer, according to NSE data.

Non-institutional investors category got subscribed 7.52 times while the quota for Retail Individual Investors (RIIs) fetched 6.60 times subscription. The Qualified Institutional Buyers (QIBs) part got subscribed 5 per cent.

Keep Essential Details Handy: Note down your PAN, Application Number, and Demat ID in advance—either in a notebook or on your phone—for quick access.

Use a Trusted Device: Stick to a device you’re familiar with to avoid any confusion during the process.

Follow the Instructions Carefully: Go through the steps provided earlier and follow them one by one for a smooth experience.

Be Mindful of Timing: The allotment status will only be available after July 28, 2025. Don’t check prematurely.

Seek Help if Needed: If you run into issues, reach out to your stockbroker or bank’s customer service for support.

The National Securities Depository Ltd (NSDL) is all set to open on Wednesday, July 30, for a three-day subscription window. The mainboard issue of Rs 4011.16 crore is purely offer-on-sale (OFS).

The company has fixed a price band in the range of Rs 760 to Rs 800 per share.

NSDL will be India’s second publicly traded depository after Central Depository Services (CDSL), which was listed on the NSE in 2017.

The initial public offering (IPO) of Shanti Gold International Limited has opened last week on Friday, July 25, 2025. The issue will close on Tuesday, July 29, 2025. The company has fixed the price band at Rs 189 to Rs 199 per equity share of face value Rs 10 each.

The IPO comprises a fresh issue of 1.80 crore equity shares, with no offer-for-sale component. At the lower end of the price band, the company aims to raise Rs 342.01 crore, and at the upper end, Rs 360.11 crore. Investors can bid for a minimum of 75 shares and in multiples thereafter.

Refund and Fund Unblocking After IPO Allotment

No Allotment? If you don’t receive any shares, the funds blocked via ASBA or UPI will be released back to your account.

Refund Date: The unblocking process is expected to begin on July 29, 2025, a day after the allotment finalisation.

How It Works: The IPO registrar initiates the refund, and you’ll receive an SMS or email from your bank once the funds are released.

In Case of Delay: If the funds are not unblocked by July 30, 2025, reach out to your bank or the registrar for assistance.

What Next: Once unblocked, the funds will be available for other investments, including upcoming IPOs.

Pro Tip: Always check your bank statement to verify that the funds have been successfully released.

Cause: Outdated app version, compatibility issues, or network problems.

Solution: Ensure a stable internet connection, update the app to the latest version, or use the official website for a smoother IPO allotment status check.

Cause: Incorrect details entered during the check.

Solution: Cross-check your PAN and Application Number from your broker’s email, SMS, or the IPO application form.

Reason: The allotment process might still be underway and not finalised.

What You Can Do: Try again later in the evening of July 28, 2025, or refer to the IPO prospectus for the latest updates.

Shanti Gold International IPO witnessed robust subscription on the second day of share sale on July 28 for it's Rs 360-crore issue in the primary market. The initial share sale by the manufacturer of gold jewellery will conclude on July 29. At around 12:15 p.m., the issue got subscribed 2.69 times, receiving bids for 3.41 crore shares against 1.26 crore shares on offer, as per NSE data. (Read More)

Possible Reason: Heavy traffic on NSE, BSE, or registrar’s websites.

What You Can Do: Wait 10–20 minutes and try again, switch to a different platform, or check during off-peak hours for better access.

Keep Essential Details Handy: Note down your PAN, Application Number, and Demat ID in advance—either in a notebook or on your phone—for quick access.

Use a Trusted Device: Stick to a device you’re familiar with to avoid any confusion during the process.

Follow the Instructions Carefully: Go through the steps provided earlier and follow them one by one for a smooth experience.

Be Mindful of Timing: The allotment status will only be available after July 28, 2025. Don’t check prematurely.

Seek Help if Needed: If you run into issues, reach out to your stockbroker or bank's customer service for support.

NSDL IPO GMP has surged ahead of its initial public offering (IPO) which is set to open on July 30 this week, reflecting strong investor interest in the company’s public issue. According to platforms tracking the grey market activities, the grey market premium of National Securities Depository Ltd (NSDL) has moved up to the range of Rs 135–137, indicating an expected listing gain of up to 20 percent over the issue price. (Read More)

To check the allotment status of the GNG Electronics IPO, you can use several methods. If you applied through your stockbroker, log in to your trading account and navigate to the IPO section. Select “GNG Electronics IPO” and click on the option to view your application status. If you used the ASBA facility through your bank, log in to your bank’s net banking portal and head to the IPO History section. Then, click on IPO Allotment Status, choose “GNG Electronics IPO,” enter the required details, verify them, and click submit. Alternatively, you can log in to the NSDL or CDSL website to check if the shares have been credited to your demat account. First-time users may need to follow specific instructions provided on these platforms for registration or access.

PAN Number: A 10-digit alphanumeric identifier issued by the Income Tax Department, required for IPO verification.

Application Number: A unique reference number assigned to your IPO application, usually available in the confirmation email/SMS from your broker or mentioned in the application form.

Demat Account Number (DP/Client ID): The unique identification number of your Demat account, where allotted shares will be credited if you receive an allotment.

Heavy Oversubscription: The IPO saw a subscription rate of 150.21 times, making allotment highly competitive. Retail investors are likely to face a lottery-based allocation, reducing the likelihood of receiving shares.

Uncertain GMP: The current grey market premium (GMP) stands at 42.19%, but it's unofficial and can fluctuate sharply, potentially affecting listing-day returns.

Tough Industry Landscape: The electronics sector is highly competitive, with both domestic and international players vying for market share. This could put pressure on GNG Electronics’ margins and profitability.

Information Gaps: Key operational and financial metrics—such as branch presence or assets under management—are not fully disclosed. Investors should consult the Red Herring Prospectus (RHP) for a clearer picture.

Regulatory Compliance: Adhering to SEBI norms and other regulatory guidelines could pose operational or financial challenges for the company going forward.

Shares of private lender Kotak Mahindra Bank cracked over five percent in trade on Monday, July 28, following the bank's earnings show for the quarter ended June 30, 2025, wherein net profit took a seven percent tumble. Kotak Mahindra Bank reported a standalone net profit of Rs 3,282 crore for Q1 FY26, marking a 7 percent year-on-year decline from Rs 3,520 crore in the same period last year. This figure is after adjusting for a one-time gain from the sale of its general insurance business. Including the gain, the unadjusted net profit stood significantly higher at Rs 6,250 crore. (Read More)

Kotak Bank, CDSL, Balkrishna Ind, Orient Cement, Tata Chemicals, Poonawalla Fincorp, VA Tech Wabag, RITES in focus on 28 July (Read More)

GNG Electronics has demonstrated exceptional financial performance, posting a revenue of Rs 1,411 crore in FY25—nearly double in just two years—alongside a net profit of Rs 69 crore and an impressive return on equity (ROE) exceeding 35%. The company's IPO witnessed overwhelming investor interest, being subscribed 150.21 times overall, with the Big HNI (SHNI) segment booked 264.14 times and retail portion 48.36 times. The grey market premium (GMP) stands at approximately Rs 100, a 42.19% jump over the issue price of Rs 237, hinting at a potential listing price of Rs 337 and signaling strong investor confidence. Operating in the rapidly expanding Indian electronics sector—fueled by government initiatives like "Make in India" and rising consumer demand—GNG Electronics appears well-positioned to cater to a diverse and growing customer base.

GNG Electronics' IPO saw an overwhelming response, with an overall subscription of 147.93 times, according to NSE data. The retail investor portion was subscribed 46.84 times, while the Qualified Institutional Buyers (QIB) category witnessed a massive 266.21 times subscription. The Non-Institutional Investors (NII) segment was also heavily booked at 227.67 times.

GNG Electronics had set its IPO price band at Rs 237 per share. The offering comprises a fresh issue of 1.69 crore equity shares amounting to Rs 400 crore, along with an offer-for-sale (OFS) of 25.5 lakh equity shares worth Rs 60.44 crore.

Step 1: Visit the BSE IPO allotment page: https://www.bseindia.com/investors/appli_check.aspx

Step 2: Under Issue Type, select ‘Equity’.

Step 3: In the Issue Name dropdown, choose ‘GNG Electronics Limited’.

Step 4: Enter either your Application Number or PAN.

Step 5: Tick the box for ‘I am not a robot’ and click on ‘Search’.

Your allotment status will be displayed on the screen.

Step 1: Go to the NSE IPO allotment status page: https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids

Step 2: Select ‘Equity and SME IPO bids’ from the available options.

Step 3: In the Issue Name dropdown, choose ‘GNG Electronics Limited’.

Step 4: Enter your PAN and Application Number.

Step 5: Click on Submit.

Your IPO allotment status for GNG Electronics will appear on the screen.

Step 1: Visit the official Bigshare Services IPO allotment portal: https://ipo.bigshareonline.com/IPO_Status.html

Step 2: From the dropdown menu, select ‘GNG Electronics Limited’ under Select Company

Step 3: Choose any one of the following identification options:

Application Number / CAF No

Beneficiary ID

PAN

Step 4: Enter the required details corresponding to your chosen option and click Search to view your allotment status.

Investors can check their allotment status online via the official websites of the BSE, NSE, or through the IPO registrar, Bigshare Services Pvt Ltd.

Post allotment, equity shares will be credited to the demat accounts of successful investors on July 29. Refunds to those who did not receive allotment will also be initiated on the same day.

Following SEBI's T+3 listing timeline, GNG Electronics shares are expected to debut on the stock exchanges on July 30, 2025.

With the subscription period closed, the IPO allotment is expected to be finalised today, Monday, July 28, 2025. Investors are eagerly waiting to know their allotment status.

According to NSE data, GNG Electronics IPO was subscribed a whopping 147.93 times overall. The Qualified Institutional Buyers (QIB) category saw the highest interest, with 266.21 times subscription. Non-Institutional Investors (NII) subscribed 227.67 times, while the retail category was booked 46.84 times.

Motilal Oswal Investment Advisors is serving as the book-running lead manager for the IPO. Bigshare Services Pvt Ltd is handling the registrar duties for the public issue.

The initial public offering (IPO) of GNG Electronics Ltd, a company specializing in laptop refurbishing, garnered massive investor interest during its subscription window held from July 23 to 25. The public issue was oversubscribed many times over across all investor categories.