2025-07-30 05:34:27 pm | Source: Choice Capital Advisors
Comment on GNG Electronics IPO by Ratiraj Tibrewal, CEO, Choice Capital Advisors

Below the Comment on GNG Electronics IPO by Ratiraj Tibrewal, CEO, Choice Capital Advisors
GNG Electronics made an impressive stock market debut, listing at Rs. 355 on the NSE and Rs. 350 on the BSE delivering a robust 49.8% premium over its IPO price of Rs. 237. The IPO witnessed overwhelming investor interest, with an overall subscription of 150×, reflecting strong demand across segments. Post listing, the stock has continued to trade at a healthy ~40% premium, indicating sustained investor confidence beyond initial speculative interest. While the business outlook in the refurbished electronics space remains positive, supported by increasing affordability-driven demand and digital adoption, the current valuation already factors in a fair amount of optimism. IPO allottees may consider booking partial profits while holding the rest for long-term gains. New investors are advised to wait for a better entry point, preferably after some price consolidation or quarterly performance visibility.
Above views are of the author and not of the website kindly read disclaimer
Disclaimer:
The content of this article is for informational purposes only and should not be considered financial or
investment advice. Investments in financial markets are subject to market risks, and past performance is
not indicative of future results. Readers are strongly advised to consult a licensed financial expert or
advisor for tailored advice before making any investment decisions. The data and information presented
in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the
content of this article for any current or future financial references.
To Read Complete Disclaimer Click Here
Latest News

India`s media and entertainment sector poised to cro...

Post-quantum cryptography needed to protect digital ...

Maharashtra`s new gem and jewellery policy to push e...

Lenskart Solutions gets SEBI`s nod to float IPO

perspective on How the Navi Mumbai International Air...

HDFC AMC announces change in risk-o-meter and benchm...

Perspective on how the Navi Mumbai International Air...

Indian government `s debt to decrease to 77 pc of GD...

MOSt Market Roundup : Nifty future closed negative w...

Tata Asset Management and Equal-Onemoney unveil Port...
More News
News Not Found