GNG Electronics IPO GMP Gains Ahead Of Allotment Today: How To Check Status

GNG Electronics IPO Sees Strong Investor Interest And High Subscription Rates

NEW DELHI – GNG Electronics Limited, known as a major player in India’s market for refurbished laptops and desktops, closed its initial public offering (IPO) with remarkable demand. The GNG Electronics IPO saw a subscription rate of 150.21 times, drawing attention from all investor groups: retail, non-institutional, and qualified institutional buyers. The success of the […] The post GNG Electronics IPO Sees Strong Investor Interest and High Subs…

Why is GNG Electronics IPO allotment delayed? Here’s what we know so far

Investors eagerly awaiting the MNG ELECTRONICS IPO ALLOTMENT STATUS were left in suspense on July 28 as the expected finalisation did not occur within market hours. The ₹460.43 crore IPO, which closed to an overwhelming response on July 25 with a massive 150.21x overall subscriptionwas scheduled to have its allotment status updated on Monday, but by late evening, it was still pending. What may have caused the delay? The likely reason behind the …

GNG Electronics IPO GMP Gains Ahead Of Allotment Today: How To Check Status

The initial public offering (IPO) of GNG Electronics Ltd. saw strong investor interest on its final day of subscription on July 25. The mainboard IPO was overall subscribed 147.93 times on Friday, as per the NSE data.The Rs 460.43-crore IPO received applications for more than 209.89 crore shares against nearly 1.42 crore shares available for bidding. Non-Institutional Investors (NIIs) led the demand by subscribing their quota more than 227.67 ti…