Latest news with #VijaySales
News18
3 hours ago
- Business
- News18
Samsung Galaxy Z Fold7 Sees Record Demand In India, Sold Out In Key Markets
Samsung says it received over 210,000 pre-orders for its Galaxy Z Fold7, Z Flip7, and the Z Flip7 FE within just 48 hours of launch. The Galaxy Z Fold7, Samsung India's latest flagship foldable smartphone, has witnessed overwhelming demand, leading to stockouts in several major markets across the country. The company said the unprecedented interest in its seventh-generation foldable line-up has outpaced expectations, with efforts underway at its Noida facility to ramp up production. The South Korean electronics giant, which leads India's consumer electronics market, in a statement said it received over 210,000 pre-orders for its Galaxy Z Fold7, Z Flip7, and the Z Flip7 FE within just 48 hours of launch — a new record for Samsung foldables in India. This strong consumer response is being viewed as a clear signal of the foldable form factor's rapid move into the smartphone mainstream. 'We would like to thank India's tech-savvy consumers for giving the Galaxy Z Fold7 a blockbuster start," said Raju Pullan, senior vice-president (MX business) of Samsung India. 'We are aware that many markets in the country are facing a shortfall due to huge demand. We are working overtime to ensure adequate supplies of our most advanced smartphone." Retailers across the country are echoing the sentiment. Nilesh Gupta, director at Vijay Sales, said many of their top outlets have already run out of stock. 'Samsung's seventh generation of foldable smartphones, especially the Galaxy Z Fold7, has been performing exceptionally well across our stores. The customer response has been extraordinary." Sandeep Singh Jolly, COO at Electronics Mart India Ltd (Bajaj Electronics), said their flagship stores in key cities have seen a surge in demand. 'It's evident that customers are thrilled with the innovation and premium experience the device offers." Uvaraj Natarajan, CEO of Poorvika Mobiles, said, 'Galaxy Z Fold7 has been a great success with a fabulous response across regions. Stocks are getting liquidated as soon as they arrive." Samsung is pitching the Galaxy Z Fold7 as its smartest and most advanced smartphone yet. Running on One UI 8, the Fold7 integrates deeply with AI tools, including Google's Gemini Live, allowing users to share screens with the assistant and get contextual help. Samsung has also introduced Knox Enhanced Encrypted Protection (KEEP), which adds app-specific secure storage for better data privacy, according to the statement. The Fold7 is also the lightest and slimmest in the series so far, weighing just 215 grams, and measuring 8.9 mm when folded and 4.2 mm when unfolded. The device is available in four colour options: Blue Shadow, Silver Shadow, Mint, and Jet Black. Upgrades in Design and Power Samsung has upgraded almost every key component in the Fold7. Its Armor FlexHinge features a refined water droplet design and a new multi-rail structure that reduces visible creasing. The cover display is protected by Corning's new Gorilla Glass Ceramic 2, and the frame uses stronger Armor Aluminum for improved durability, the company said in the statement. Inside, the device is powered by the Snapdragon 8 Elite for Galaxy processor, delivering significant performance gains — a 41% boost in NPU, 38% in CPU, and 26% in GPU — over the previous generation. This allows more advanced AI processing directly on the device, it added. Another major highlight is the 200MP wide-angle camera, a first for the Galaxy Z series, which promises four times more detail and up to 44% brighter images, backed by Samsung's next-gen ProVisual Engine. tags : Samsung view comments Location : New Delhi, India, India First Published: July 30, 2025, 19:33 IST News business Samsung Galaxy Z Fold7 Sees Record Demand In India, Sold Out In Key Markets 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.
Mint
23-07-2025
- Business
- Mint
GNG Electronics IPO sees strong demand on Day 1, subscribed 9.2 times on robust retail, NII interest
The initial public offering (IPO) of GNG Electronics has seen robust demand from both retail and non-institutional investors on its first day of bidding. The IPO, which opened today and is set to close on Friday, July 25, was fully subscribed just hours after the bidding began. The IPO received bids for 12.75 crore shares against the total offer of 1.38 crore shares, resulting in an overall subscription of 9.20 times by the end of Day 1, according to exchange data. Retail investors showed strong interest, with their portion subscribed to 9.31 times, while non-institutional buyers showed even greater enthusiasm, with their portion booked 18.86 times. The QIB portion was booked at 1.68 times. GNG Electronics aims to raise ₹ 460.43 crore through the IPO, which includes a mix of fresh equity shares and an offer for sale. The price band for the offer is set between ₹ 225 and ₹ 237 per equity share, with a face value of ₹ 2 each. The IPO lot size is fixed at 63 shares, requiring a minimum investment of ₹ 14,931 for retail investors. The allotment for the IPO is expected to be finalized on Monday, July 28, 2024. The shares are scheduled to list on both the NSE and BSE, with a tentative listing date of Wednesday, July 30. Motilal Oswal Investment Advisors Limited is the book-running lead manager of the GNG Electronics IPO, while Bigshare Services Pvt Ltd is the registrar for the issue. As of today, the grey market premium (GMP) for GNG Electronics' IPO stands at ₹ 104 per share. This suggests that the shares are anticipated to list at ₹ 104 above their issue price. With this GMP and the IPO's upper price band, the estimated listing price of the shares would be ₹ 341, reflecting a 43.88% premium over the issue price of ₹ 237 per share. The grey market premium represents the expected difference between an IPO's issue price and its anticipated listing price in the unofficial market. However, it's important to remember that GMP is a preliminary indicator and should not be the sole factor in making investment decisions. Incorporated in 2006, GNG Electronics Limited offers refurbishing services for laptops, desktops, and ICT devices, both globally and in India. The company has a significant presence across India, the USA, Europe, Africa, and the UAE. The company operates under the brand 'Electronics Bazaar,' offering sourcing to refurbishment to sales to after-sale services and providing warranty. It offers other value-added services such as ITAD and e-waste management services, warranties, doorstep service, on-site installation, flexible pay options, easy upgrades, assured buyback programs, and buyback programs for refurbished ICT devices. GNG Electronics provides tailored buyback solutions for laptops and desktops to help large-format retail stores such as Vijay Sales (India) Private Limited ('Vijay Sales') and OEM brand stores such as HP India Sales Private Limited ('HP') and Lenovo Global Technology (India) Private Limited ('Lenovo') to run efficient, customer-friendly buyback programs facilitating the sale of new devices. Disclaimer: We advise investors to check with certified experts before making any investment decisions.
India Today
18-07-2025
- Business
- India Today
iPhone 16e price drops by Rs 9,901
iPhone 16e price drops by Rs 9,901 By Ankita Garg The iPhone 16e is available at a discounted price of Rs 49,999 without any terms or conditions. This is down from its launch price of Rs 59,900. This means that you are getting a flat discount of Rs 9,901. Amazon iPhone 16e offer There is also an extra discount of up to Rs 1,000 off on SBI bank cards, which will further reduce the price of the phone. Bank offers There is also up to Rs 47,150 discount on exchange of your old phone. But, do keep in mind that the exchange amount is decided based on your old phone's age and conditions. Exchange offers In case the Amazon deal expires, Vijay Sales is selling the same phone at a lower price of Rs 51,490. There are also bank discount offers of up to Rs 4,000. Vijay Sales iPhone 16e offer The iPhone 16e features a 6.1 inch Super Retina XDR display. iPhone 16e display The phone comes with a 48-megapixel rear camera and a 12-megapixel front camera. Camera system Under the hood the iPhone 16e has an A18 Chip made with a 6 Core processor. Also Read: iPhone 16e review: Apple Intelligence and Visual Intelligence for the win Processing Overall, you are getting a great deal as long as you are able to buy this device under Rs 50,000. Think of it like this. You are getting the same chip as the iPhone 16, a capable single rear camera, and a decent battery life. But iPhone 16e is only for those iPhone fans who have strict budget.
Hans India
12-07-2025
- Business
- Hans India
Vijay Sales Announces Grand Electronics Sale: Upgrade Your Lifestyle with Unbeatable Deals upto 60% Across Categories
Vijay Sales, India's leading electronics omni-channel retail chain, is excited to launch its highly anticipated Grand Electronics Sale. The limited-time sale event starts from 11th July 2025, offering customers incredible discounts and unbeatable deals across an extensive range of products. This spectacular shopping extravaganza brings together the best of technology, home appliances, and entertainment solutions under one roof, with something for everyone regardless of budget or preference. Apple Ecosystem Excellence Apple enthusiasts can rejoice with our exclusive Apple collection featuring the latest technology at competitive prices inclusive of instant cashback using cards of ICICI Bank, SBI Bank and Kotak Mahindra Bank. The iPhone collection starts from ₹43,490*, offering cutting-edge features, advanced camera systems, and the latest iOS. Transform your productivity with premium MacBooks starting from ₹70,990*, featuring exceptional performance, stunning displays, and all-day battery life. Complete your Apple ecosystem with official Apple accessories starting from ₹1,599, including chargers, cases, and connectivity solutions. Smartphone and Computing Solutions Upgrade your mobile and computing experience with our extensive collection featuring the latest models from top brands. Explore our wide range of smartphones starting from ₹6,499 with advanced features, powerful processors, and exceptional camera capabilities. Enhance your productivity and entertainment with tablets starting from ₹11,740, perfect for work, creativity, and leisure activities. Transform your work and entertainment experience with high-performance laptops starting from ₹30,990, featuring the latest processors, ample storage, and stunning displays for professional and personal use. Home Entertainment Revolution Elevate your home entertainment experience with our premium television and audio solutions. Experience cinema-quality picture with QLED TVs starting from ₹10,990, featuring vibrant colors, smart features, and endless entertainment options. Transform your living space with premium home audio systems starting from ₹3,690, delivering exceptional sound quality for immersive listening experiences. Enjoy wireless freedom with portable Bluetooth speakers starting from ₹899, perfect for any occasion, whether at home or on the go. Complete your audio experience with personal audio solutions starting from ₹299, featuring premium headphones and earphones for superior sound quality and comfort. Home Appliance Upgrades Modernize your home with our extensive range of energy-efficient appliances designed to make life easier and more convenient. Beat the heat with powerful air conditioning solutions starting from ₹26,290 for optimal comfort throughout the year. Upgrade your laundry experience with efficient washing machines starting from ₹8,990, featuring advanced cleaning technology and user-friendly operation. Keep your food fresh with energy-efficient refrigerators starting from ₹7,490, offering spacious storage and modern cooling technology. Simplify your cooking with Air Fryers starting at ₹2,999 and microwave ovens starting from ₹5,990, providing convenient heating solutions with advanced technology. Enjoy automated dishwashing with premium dishwashers starting from ₹39,990 for spotless cleaning and time-saving convenience. Maintain optimal humidity levels with dehumidifiers starting from ₹1,880 for a healthier living environment. Kitchen and Personal Care Solutions Complete your home setup with essential kitchen appliances and personal care solutions. Ensure pure and safe drinking water with water purifiers starting from ₹6,199, featuring advanced filtration technology for your family's health. Enhance your culinary experience with essential kitchen appliances starting from ₹599, including a wide range of cooking and food preparation tools. Take care of your personal grooming needs with our personal care collection starting from ₹499, featuring essential items for your daily care routine. Gaming and Accessories Level up your gaming experience with our comprehensive gaming collection. Enhance your gaming setup with professional-grade gaming accessories starting from ₹1,599, including controllers, keyboards, and gaming peripherals. Experience premium sound quality with Beats audio products starting from ₹5,499, designed for music enthusiasts who demand exceptional audio performance. Complete your electronic setup with our extensive accessories collection, starting from ₹119, featuring cables, chargers, cases, and connectivity solutions for all your electronic devices. Exclusive My VS Rewards Program Benefits Maximize your savings with the My VS Rewards program. Earn 0.75% of your purchase value as reward points, redeemable at Re. 1 per point. Simply use your mobile number as your member ID and enjoy the benefits of this zero-fee membership program. Unbeatable Bank Offers Current Instant Discount offers from Top Banks HDFC Bank Debit & Credit Card holders can avail an Instant discount of up to ₹7500 on Credit Card & Debit Card EMI transactions of ₹7,500 and above till 15th July. American Express card holders can avail 5% instant discount up to ₹7,500 on EMI transactions above ₹25,000 on Saturday's & Sunday's only. OneCard card holders can avail instant discount of upto ₹4,000 on EMI transactions of ₹25,000 & above. IDFC FIRST Bank Credit Card holders can avail 5% instant discount up to ₹10,000 on EMI transactions of ₹5,000 & above. AU Small Finance Bank Credit Card holders can enjoy a 5% Instant Discount up to ₹1,000 on Non-EMI transactions above ₹10,000 on Sunday's only and Flat Rs. 3,000 instant discount on Non-EMI transactions above ₹100,000 on Sunday's only. Yes Bank customers get a 5% instant discount up to Rs 2,500 on Credit Card EMI transactions above ₹10,000. DBS Bank Credit Card holders can enjoy a 10% Instant Discount up to ₹3,000 on EMI transactions above ₹15,000 & up to ₹1,500 on Non-EMI transactions above ₹15,000 on Friday's, Saturday's & Sunday's only. Visa Canara card holders can avail 10% instant discount up to Rs. 3,000 on Credit Card Non-EMI transactions and 5% instant discount up to Rs. 1,500 on Credit Card Non-EMI transactions of Rs. 15,000 & above. Don't miss this opportunity to upgrade your lifestyle with the latest technology at unbeatable prices. Visit your nearest Vijay Sales store or explore our complete collection online at
Indian Express
12-07-2025
- Business
- Indian Express
Vijay Sales Grand Electronics Sale: Big discounts on phones, tablets and laptops
India's two online e-commerce giants – Amazon and Flipkart have already commenced their sale events, and now Vijay Sales, one of the most popular retail stores in the country, has announced its Grand Electronics Sale. The sale started on July 11 and brings huge discounts on consumer electronics like smartphones, tablets and laptops. Unlike online e-commerce platforms like Amazon and Flipkart, discounts available as part of the Vijay Sales Grand Electronics Sale are applicable both online as well in physical retail stores. As part of the ongoing sale, Apple iPhones and MacBooks are available from Rs 43,490 and Rs 70,990 respectively, with instant cashback offers for ICICI Bank, SBI Bank and Kotak Mahindra Bank credit card users. You can also purchase Apple accessories like chargers and cases starting from Rs 1,599. Numerous Android smartphones are also getting a price cut. During the sale, you can buy smartphones and tablets starting from Rs 6,499 and Rs 11,740 onwards while laptops start from Rs 30,990 onwards. Vijay Sales is also selling smart QLED TVs and home audio systems starting from Rs 10,990 and Rs 3,690. You can also buy Bluetooth speakers and other audio accessories for as low as Rs 899 and Rs 299. During the sale, credit and debit card users will be able to get instant cash back and discounts on a wide range of products. HDFC Bank credit and debit cardholders can get up to Rs 7,500 instant discount on EMI transactions of Rs 7,500 till July 15, while American Express cardholders can available up to 5 per cent or Rs 7,500 instant discount on EMI transactions above Rs 25,000 during the weekend. OneCard users are eligible for an instant discount of up to Rs 4,000 on EMI transactions above Rs 25,000, while IDFC First Bank credit card holders can get a 5 per cent discount up to Rs 10,00 on EMI transactions of more than Rs 5,000. For Yes Bank customers, the retail chain is offering a 5 per cent instant discount of up to Rs 2,500 on credit card EMI transactions while DBS Bank credit card users can get up to Rs 1,500 on transactions above Rs 15,000 on Friday, Saturday and Sunday.
