GNG Electronics IPO Allotment Chances: Retail 1 in 37, SHNI 1 in 173, BHNI 1 in 50

GNG Electronics Limited’s debut IPO, which raised approximately ₹460.43 crore, triggered overwhelming investor interest, making allotment highly competitive across categories.

Subscription Overview

• Total Subscription: ~150.21×
  • Qualified Institutional Buyers (QIB): 266.21×
  • Non-Institutional Investors (NII/HNI): 226.44×
  • Retail Investors: 47.36×

This translates to nearly ₹25,393 crore in bids from QIBs, ₹16,364 crore from HNIs, and ₹7,632 crore from retail participants.

Allotment Probability by Investor Category

Based on official allocations and subscription ratios:

• Retail Investors:
  • Odds: Approximately 1 in 37 applicants are likely to receive an allotment.
  • Application Size: Minimum lot of 63 shares (~₹15,000).
• Small HNI (SHNI):
  • Odds: 1 in 173 applicants will receive an allotment for a minimum block (~882 shares).
• Big HNI (BHNI):
  • Odds: Approximately 1 in 50 applicants are expected to secure allotment with a full application size (~4,221 shares).

IPO Details for Reference

• Price Band: ₹225 – ₹237 per share
• Lot Size: 63 shares per retail application
• Category Allocation:
  • QIB: 50%, NII: 15%, Retail: 35%
• Allotment Date: July 28, 2025, with shares credited and refunds processed on July 29, and listing scheduled for July 30, 2025.
• Check Allotment: https://ipo.bigshareonline.com/IPO_Status.html

These figures underscore the intense demand seen for the GNG Electronics IPO. Retail and HNI participants face steep competition, with chances of allotment being highly limited due to oversubscription.

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