
GNG Electronics IPO Allotment Today: How To Check Allotment Status Online? A Step-By-Step Guide
GNG Electronics IPO Allotment Today: The allotment status for the highly anticipated Rs 460.43 crore initial public offering (IPO) of GNG Electronics is expected to be announced today, July 28, 2025. The issue witnessed a stellar response across investor categories, with an overall subscription of nearly 148 times, and investors are now eager to find out if they've secured an allotment ahead of the stock's listing on July 30.
GNG Electronics IPO allotment status is expected to be finalised soon. Once the company fixes the GNG Electronics IPO allotment status, it will credit the equity shares into the demat accounts of eligible allotment holders on July 29, and initiate refunds to unsuccessful bidders on the same day.
Check via BSE
Check via NSE
Check via Bigshare Services
According to market watchers, GNG Electronics shares are commanding a grey market premium (GMP) of Rs 94 per share. This implies a listing price estimate of Rs 331, nearly 40% higher than the issue price of Rs 237, signalling strong demand in the unlisted space.
GNG Electronics IPO Details
The IPO comprised a fresh issue of 1.69 crore equity shares worth ₹400 crore and an offer-for-sale (OFS) of 25.5 lakh shares aggregating to ₹60.44 crore.
The issue was managed by Motilal Oswal Investment Advisors, while Bigshare Services Pvt Ltd acted as the registrar. The shares are scheduled to list on both the BSE and NSE on July 30.
view comments
Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Economic Times
5 minutes ago
- Economic Times
Two Trades for Today: A metals stock for an over 6% gain, a large-cap chemicals maker for about 7% upmove
The markets broke their losing streak and had a trending day on Tuesday, and ended with gains. The Nifty saw a negative start to the day; however, it also formed its day's low point in the initial minutes of the session. It traded in a range in the morning session and gradually trended higher. It went on to form the day's high towards the end of the session. While maintaining the gains, the headline Index closed with a gain of 140.20 points Membership Benefits Access the exclusive Economic Times Stories, Editorial & Expert opinion Complete Access with ET Prime Experience your Economic Times newspaper, The way you've always liked! Get to know where the market gurus invest & grow your portfolio. Stock Analyzer Instant stock analysis based on Solvency, Profitability, Growth, Valuation, Momentum, Risk & More. Now Available with ET Prime Manage your money efficiently with this weekly guide. Clean experience with minimal ads Easy & distraction-free reading with 90% less ads Sharp Insight-rich, In-depth stories across 20+ sectors 1500+ Exclusive stories & analysis across sectors to help you stay informed Get One Year Times Prime Subscription worth ₹1199 for free Get 1 Year Complimentary Subscription of TOI+ worth Rs.799/- Enjoy unlimited access to breaking news and thought provoking stories from all around the world. Get One Year Docubay Subscription worth ₹999 for free Stream award-winning international documentaries from more than 100 countries. Comment & Engage with ET Prime community Communicate & build a connection with great minds of the industry A trusted team of Journalists & Analysts Unbiased perspective & detailed reporting by our team of journalists who have in-depth knowledge and years of experience


Indian Express
5 minutes ago
- Indian Express
Recovery amount at Rs 338 crore: Govt raised tax demand of Rs 35,104 crore under foreign black money law over last 10 years
The government has raised tax demand of Rs 35,104 crore under the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 over the last decade, Minister of State for Finance Pankaj Chaudhary said in Rajya Sabha on Tuesday. However, recovery amount in the form of tax, penalty and interest demand under the Act has been much lower at Rs 338 crore during July 1, 2015 to March 31, 2025 along with 163 prosecution complaints filed till March 31, 2025, data shared in the Upper House showed. In a written response to a question by CPI(M) MP John Brittas, wherein he asked about details of international deposits, Chaudhary said tax demand of Rs 21,719 crore has been created as a result of completed assessments under the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 during July 1, 2015 to March 31, 2025. In addition, tax demand of Rs 13,385 crore has been raised till March 31, 2025 on account of penalties imposed under various sections of the Act. On the question of whether Indian-linked funds in Swiss banks surged more than three times the previous year's amount, Chaudhary said there are some media reports based on Swiss National Bank (SNB) statistics which mention that Indian linked funds in Swiss banks have risen in 2024 as compared to previous year's amount. However, Chaudhary, pointed out that as per Swiss authorities, the data in respect of SNB statistics includes, inter alia, amounts due in respect of customer deposits (including in foreign branches of Swiss Banks located in any country), other liabilities as well as amounts due to banks. 'The Swiss authorities have also clarified that the SNB annual banking statistics should not be used for analysing deposits held by residents of India in Switzerland,' he said. Indian money in Swiss banks more than tripled in 2024 to 3.5 billion Swiss francs (CHF), or approximately Rs 37,600 crore on the back of a huge jump in funds held through local branches and other financial institutions, news agency PTI had reported last month. On the query to provide details of outstanding tax demand raised from the data shared with India via Automatic Exchange of Information under India-Switzerland tax agreement, the Minister said there is no centralised data for the specific query on country-wise undisclosed foreign income and the action taken. 'Tax demand arising in cases of undisclosed foreign income or assets can pertain to multiple jurisdictions. Country-wise bifurcation of such demand is not maintained centrally,' Chaudhary said. For details and status of enquiries conducted regarding Swiss holdings, the Minister said such enquiries are conducted on a case-by-case basis by the jurisdictional authorities. 'Whenever any instance of tax evasion is detected, appropriate action under Direct Tax Laws, including searches, surveys, enquiries, assessment of income, levy of taxes, penalties, as well as filing of prosecution complaints in criminal courts, as may be applicable, is taken,' he said. Replying to the question about the steps taken to recover unpaid taxes, penalties, or interest by Indian citizens or entities holding Swiss deposits, Chaudhary said the Income Tax Department has established a mechanism for recovery of demand that consists of outstanding tax, penalty and interest as per the provisions of the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015, which apply to cases of undisclosed foreign income and assets in any country abroad. Such taxes, penalties and interest form part of the total tax liability of each assessee and is recovered in accordance with law, he said. Aanchal Magazine is Senior Assistant Editor with The Indian Express and reports on the macro economy and fiscal policy, with a special focus on economic science, labour trends, taxation and revenue metrics. With over 13 years of newsroom experience, she has also reported in detail on macroeconomic data such as trends and policy actions related to inflation, GDP growth and fiscal arithmetic. Interested in the history of her homeland, Kashmir, she likes to read about its culture and tradition in her spare time, along with trying to map the journeys of displacement from there. ... Read More


New Indian Express
17 minutes ago
- New Indian Express
Asian Paints' net profit plunges 6%, CEO blames 'subdued demand environment'
MUMBAI: Paints major Asian Paints has said its consolidated net profit fell 6% on-year to Rs 1,117 crore in the June quarter due to a fall in sales amid the subdued demand and macroeconomic uncertainties. Revenue from sales was marginally down to Rs 8,924.49 crore from Rs 8,943.24 crore a year ago, while expenses rose 1.3% to Rs 7,658.95 crore in the reporting quarter. However, its total income, which includes revenue from other sources, was flat at Rs 9,131.34 crore. On a standalone basis, which mainly includes domestic numbers, revenue from sales was down 1.19% to Rs 7,848.83 crore. Despite a growth in volume of 3.9% in the domestic decorative business, revenue from this segment declined 1.2%, the company said in an exchange filing Tuesday. Managing director & chief executive Amit Syngle blamed "the subdued demand environment due to macroeconomic uncertainties and early monsoons" for overall poor numbers. For the revenue fall, he blamed the shift in the product mix.