GNG Electronics IPO Allotment Latest News Today (July 28): The initial public offering (IPO) of GNG Electronics Ltd, a laptop refurbishing company, received an overwhelming response from investors during its subscription window from July 23 to 25. With the subscription period now closed, all eyes are on the IPO allotment, which is expected to take place today, July 28, 2025 (Monday).
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NSDL IPO GMP: Grey Market Premium Slips Ahead of July 30 Launch
The National Securities Depository Ltd (NSDL) is all set to open on Wednesday, July 30, for a three-day subscription window. The mainboard issue of Rs 4011.16 crore is purely offer-on-sale (OFS).
The company has fixed a price band in the range of Rs 760 to Rs 800 per share.
NSDL will be India’s second publicly traded depository after Central Depository Services (CDSL), which was listed on the NSE in 2017.
Shanti Gold IPO Day 2: Subscribed 2.05 Times, GMP Soars 16%
The initial public offering (IPO) of Shanti Gold International Limited has opened last week on Friday, July 25, 2025. The issue will close on Tuesday, July 29, 2025. The company has fixed the price band at Rs 189 to Rs 199 per equity share of face value Rs 10 each.
The IPO comprises a fresh issue of 1.80 crore equity shares, with no offer-for-sale component. At the lower end of the price band, the company aims to raise Rs 342.01 crore, and at the upper end, Rs 360.11 crore. Investors can bid for a minimum of 75 shares and in multiples thereafter.
GNG Electronics IPO Allotment Live: What to do if you don’t get the allotment?
Refund and Fund Unblocking After IPO Allotment
No Allotment? If you don’t receive any shares, the funds blocked via ASBA or UPI will be released back to your account.
Refund Date: The unblocking process is expected to begin on July 29, 2025, a day after the allotment finalisation.
How It Works: The IPO registrar initiates the refund, and you’ll receive an SMS or email from your bank once the funds are released.
In Case of Delay: If the funds are not unblocked by July 30, 2025, reach out to your bank or the registrar for assistance.
What Next: Once unblocked, the funds will be available for other investments, including upcoming IPOs.
Pro Tip: Always check your bank statement to verify that the funds have been successfully released.
