Investors who applied for the IPO can check the allotment status through two official platforms: the BSE website and the website of the IPO registrar, Bigshare Services Pvt Ltd.
The allotment of shares for GNG Electronics IPO will be finalised on Monday, July 28, after the three-day bidding process ended on July 25. The IPO opened for public subscription on July 23 and received a strong response from investors across categories.GNG Electronics IPO was subscribed a massive 150.21 times. The retail investor category was subscribed 47.36 times, the Qualified Institutional Buyers (QIB) segment saw 266.21 times subscription, and the Non-Institutional Investor (NII) portion was subscribed 226.44 times.
The GNG Electronics IPO price band was fixed at Rs 237 per share. The minimum lot size for retail investors was 63 shares, requiring an investment of Rs 14,175. For small NIIs (sNII), the minimum lot size was 14 lots or 882 shares, amounting to Rs 2,09,034. For big NIIs (bNII), the lot size was 67 lots or 4,221 shares, which required an investment of Rs 10,00,377.