G V Electricals IPO
G V Electricals is a BSE SME IPO listed on the BSE SME platform, priced at ₹123–₹130 per share. The stock debuted at ₹158, delivering a listing gain of 21.5%. The IPO had a lot size of ₹1000 shares and a minimum investment of ₹2,60,000.
G V Electricals Limited IPO
- IPO Dates
- Jul 31, 2026 – Aug 7, 2026
- Price band
- ₹123-130 per equity share
- Minimum Investment
- ₹2,60,000
- Issue size
- ₹42.25 Cr
- Lot size
- 1000
- Allotment Date
- Aug 10, 2026
- Listing
- Aug 12, 2026
- Listing At
- BSE SME
IPO timeline
-
Jul 31, 2026
Open Date
Completed
-
Aug 7, 2026
Close Date
Completed
-
Aug 10, 2026
Allotment Date
Completed
-
Aug 12, 2026
Listing Date
Completed
Unofficial pre-listing indicator
G V Electricals IPO Last Recorded GMP: ₹19
No GMP quote could be verified as recorded before G V Electricals IPO listed. A grey-market observation of ₹19 per share was recorded on 12 Aug 2026, 6:00 AM IST, but without a verified listing timestamp it is not treated as the final pre-listing GMP. The shares listed at ₹158. GMP is unofficial and does not forecast or guarantee the actual listing price.
- Last recorded GMP
- ₹19
- GMP percentage
- 15%
- Upper price band
- ₹130
- Listing price
- ₹158
During the recorded period, G V Electricals IPO GMP ranged from ₹10 to ₹19.
G V Electricals IPO GMP trend (day-wise) 42 observations
| Date & time | GMP | Change | GMP % | Indicative price |
|---|---|---|---|---|
| ₹19 | +₹2 | 15% | ₹149 | |
| ₹17 | ₹0 | 13% | ₹147 | |
| ₹17 | ₹0 | 13% | ₹147 | |
| ₹17 | +₹1 | 13% | ₹147 | |
| ₹16 | ₹0 | 12% | ₹146 | |
| ₹16 | −₹1 | 12% | ₹146 | |
| ₹17 | ₹0 | 13% | ₹147 | |
| ₹17 | ₹0 | 13% | ₹147 | |
| ₹17 | ₹0 | 13% | ₹147 | |
| ₹17 | ₹0 | 13% | ₹147 |
G V Electricals IPO Subscription Details
View Subscription DetailsG V Electricals IPO subscription status shows demand across QIB, NII, and retail categories, helping investors understand participation levels.
Last updated:G V Electricals IPO Essentials
G V Electricals IPO Details
G V Electricals IPO is priced at ₹123-130 per share with a total issue size of 42.25 crore. The IPO has a lot size of 1000 shares and is listed on BSE SME.
- Issue price
- ₹123-130 per equity share
- Lot size
- 1000 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 32,50,000 shares(agg. up to ₹42.25 Cr)
- Total issue size
- 32,50,000 shares
(aggregating up to ₹42.25 crore) - Fresh issue
- 30,00,000 shares
(aggregating up to ₹39 crore) - Offer for sale (OFS)
- 2,50,000 shares
(aggregating up to ₹3.25 crore) - Retail Portion
- 35%
- Listing at
- BSE SME
- List price
- 158.0
- Listing date
- Registrar
- Mudra RTA Ventures Private Limited
- Lead manager
-
Seren Capital Pvt.Ltd.
Market Lot Size
Investors can bid for a minimum of 2,000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual (min) | 2 | 2,000 | ₹2,60,000 |
| Individual(max) | 2 | 2,000 | ₹2,60,000 |
| sHNI(min) | 3 | 3,000 | ₹3,90,000 |
| sHNI(max) | 7 | 7,000 | ₹9,10,000 |
| bHNI(min) | 8 | 8,000 | ₹10,40,000 |
G V Electricals IPO Reservation
G V Electricals IPO reservation details show category-wise allocation of shares. Out of the total 3250000 shares, approximately 18.22% are reserved for QIB, 13.85% for NII, 32% for retail investors, 8.62% for market maker, and 27.32% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 888000 (27.32%) | |
| Market Maker Shares Offered | 280000 (8.62%) | |
| QIB Shares Offered | 592000 (18.22%) | |
| NII (HNI) Shares Offered | 450000 (13.85%) | |
| bHNI > ₹10L | 300000 (9.39%) | 100 |
| sHNI < ₹10L | 150000 (4.85%) | 50 |
| Individual Shares Offered | 1040000 (32%) | 520 |
| Total Shares Offered | 3250000 (100%) |
G V Electricals IPO Analytics
G V Electricals IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
G V Electricals IPO Subscription Status
G V Electricals IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO is currently subscribed 169.39x, indicating strong demand across investor categories.
| As on | QIB |
NII
bHNI
sHNI
|
Individual | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 5,92,000 |
4,50,000
3,00,000
1,50,000
|
10,40,000 | 20,82,000 |
|
Day 1
31-07-26 05:00 PM
|
3.52 x |
2.18x
2.60x
1.35x
|
1.65 x | 2.30 x |
|
Day 2
03-08-26 05:00 PM
|
3.52 x |
30.61x
32.14x
27.55x
|
29.33 x | 22.27 x |
|
Day 3
04-08-26 05:00 PM
|
66.42 x |
243.86x
285.79x
159.99x
|
150.75 x | 146.90 x |
|
Day 4
05-08-26 05:00 PM
|
62.61 x |
235.39x
285.55x
135.07x
|
82.10 x | 109.69 x |
|
Day 5
06-08-26 05:00 PM
|
58.45 x |
231.44x
277.35x
139.63x
|
91.87 x | 112.53 x |
|
Day 6
07-08-26 05:00 PM
|
91.55 x |
273.41x
316.28x
187.69x
|
168.69 x | 169.39 x |
|
Total No. of Applications
|
bHNI | sHNI | Individual |
|---|---|---|---|
| 1,07,960 (Approx) | 113.26x | 177.1x | 168.69x |
G V Electricals Valuations
Earnings
- EPS Pre IPO
- ₹12.64/-
- EPS Post IPO
- ₹9.28/-
- P/E Pre IPO
- 10.28
- P/E Post IPO
- 14.01
Returns
- ROE
- 36.81%
- ROCE
- 31.13%
- RoNW
- 31.09%
- PAT Margin
- 6.69%
Fundamentals
- Debt / Equity
- 0.49
- Price / Book
- 3.20
- Market Cap
- ₹146.63 Cr.
G V Electricals Financials( In Crs.)
| 31-Mar-26 | 31-Mar-25 | 31-Mar-24 | |
|---|---|---|---|
| Assets | 78.40 | 51.43 | 42.06 |
| Revenue | 156.66 | 131.36 | 112.03 |
| Profit After Tax | 10.47 | 4.66 | 2.80 |
| Net Worth | 33.67 | 23.20 | 17.05 |
| Reserves & Surplus | 25.39 | 23.16 | 17.01 |
| Total Borrowing | 16.47 | 7.84 | 4.95 |
G V Electricals Company & Offer Insights
About G V Electricals
G V Electricals Limited was incorporated on 1985 and provides operation, maintenance, and support services primarily to India’s electricity distribution utilities.The company provides services related to operation, maintenance, and field implementation of electrical distribution network and infrastructure such as lines, feeders, substations, poles and cables utilized for distribution of electricity to consumers.
The company is active in three verticals:-
Network Operation and Maintenance (O&M) Services,
Electrical Infrastructure and Network Development Works,
Metering and Meter Management Services.
The company provides maintenance and operational support services for the distribution of electrical distribution systems at various voltages viz. 33 kV, 11 kV, and LT Networks. The company provides O&M services for 33/11 kV Substations and provides technical personnel for field activities like maintenance of lines, network inspection, and troubleshooting of faults.
The company holds ISO 9001:2015, 14001:2015, 45001:2018 and SA 8000:2014 certifications for its management systems for quality, environment, occupational health and safety and social accountability respectively.As of 28th February 2026, the Company’s Order Book consists of 34 projects worth approximately ₹ 594.67 crores.
As of 28th February 2026, the Company has a total of 4,770 employees out of which 4,629 are permanent employees and 141 are contractual employees.
G V Electricals Promoter(s)
Furquan Akhtar, Jawed Akhtar, Sunil Lakshman Vatsa are the company's promoters of G V Electricals.
G V Electricals IPO Issue Objectives
- •
- Repayment of a portion of certain borrowings availed by the Company;
- •
- Funding of Working Capital Requirements
- •
- General Corporate Purpose
G V Electricals IPO - Anchor Investors
G V Electricals Limited raised ₹11.54 crore from 5 anchor investors at ₹130 per share on July 30, 2026. Motilal Oswal Finvest Limited led the allocation at 43.47%, followed by Shine Star Build Cap at 17.45% and Vikasa India EIF I Fund at 17.34%.
Contact Information
Contact Details
G V Electricals
011-43083804
Unit no 324, 3rd floor, Plot no 416, Hammersmith Industrial Premises Co-op Society Ltd, Off. Sitladevi Temple Road, Mahim,/n Mumbai, Maharashtra, 400016
Registrar Contact Details
Frequently Asked Questions
Click any question to reveal the answer
G V Electricals IPO is a book-built IPO worth ₹42.25 crore. The price band is ₹123–₹130 per share. The IPO opens on Jul 31, 2026 and closes on Aug 7, 2026. It will be listed on BSE SME Platform. Mudra RTA Ventures Private Limited is the registrar.
The price band of G V Electricals IPO is ₹123 to ₹130 per share.
The lot size of G V Electricals IPO is 1000 shares.
The minimum investment for G V Electricals IPO is approximately ₹2,60,000 based on the upper price band .
G V Electricals IPO opens on Jul 31, 2026 and closes on Aug 7, 2026.
The allotment date of G V Electricals IPO is Aug 10, 2026.
G V Electricals IPO is expected to be listed on Aug 12, 2026, on BSE SME Platform.
No GMP quote could be verified as recorded before G V Electricals IPO listed. A grey-market observation of ₹19 per share was recorded on 12 Aug 2026, 6:00 AM IST, but without a verified listing timestamp it is not treated as the final pre-listing GMP. The shares listed at ₹158. GMP is unofficial and does not forecast or guarantee the actual listing price.
G V Electricals IPO valuation snapshot: P/E 14.01, EPS ₹9.28/-, P/B 3.20, RoNW 31.09%, and market cap ₹146.63 Cr.
To apply for G V Electricals IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of G V Electricals IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for G V Electricals IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check G V Electricals IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the G V Electricals IPO allotment status on IPO Ji for quick and easy access.