G.V.Electricals IPO - GMP, Subscription, Price, Dates & Financial Details
G.V.Electricals IPO is set to open its Initial Public Offering (IPO) for subscription on July 31, 2026. According to the Red Herring Prospectus (RHP), the IPO is a book-built issue with a total issue size of ₹42 Crore, comprising a fresh issue of 27.20 Lakh equity shares aggregating to ₹39.00 Crore and an offer for sale (OFS) of 2.50 Lakh equity shares aggregating to ₹3.25 Crore by the existing shareholders.
The G.V.Electricals IPO will open for subscription on July 31, 2026, and close on August 04, 2026. The basis of allotment is expected to be finalized on August 05, 2026, while the shares are tentatively scheduled to be listed on BSE SME Platform on August 07, 2026.
The company has fixed the price band at ₹123 to ₹130 per share, with a lot size of 1000 shares. Retail investors will require a minimum investment of ₹260,000 (based on the upper price band) to apply for one lot.
Mudra RTA Ventures Private Limited is the registrar to the issue. Seren Capital Private Limited are the Book Running Lead Managers (BRLMs) to the issue.
Before investing in the G.V.Electricals IPO, investors should carefully review the company's financial performance, business model, IPO objectives, and risk factors disclosed in the offer documents. Investors should also ensure that they submit their applications before the subscription window closes on August 04, 2026.
- Price Band
- ₹ 123 – 130
- Lot Size
- 1000
- Issue Size
- ₹42.25 Cr
- Minimum Investment
- ₹ 260,000 (2000 Shares)
- Listing Date
- 07 August 2026
Current GMP
₹18 (+13.85%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
About G.V. Electricals Limited
Incorporated in 1985, G.V. Electricals Limited is a power distribution infrastructure service provider engaged in delivering operation, maintenance, and support services primarily to electricity distribution utilities across India.
The company operates through three key business verticals:
- Network Operation and Maintenance (O&M) Services
- Electrical Infrastructure and Network Development Works
- Metering and Meter Management Services
G.V. Electricals provides comprehensive operation and maintenance services for electrical distribution networks across multiple voltage levels, including 33 kV, 11 kV, and Low Tension (LT) networks. Its service portfolio includes the operation and maintenance of 33/11 kV substations, deployment of skilled technical personnel for line maintenance, routine network inspections, fault detection and rectification, and ensuring the efficient functioning of power distribution systems.
The company adheres to globally recognized quality and operational standards and holds the following certifications:
- ISO 9001:2015 – Quality Management System
- ISO 14001:2015 – Environmental Management System
- ISO 45001:2018 – Occupational Health and Safety Management System
- SA 8000:2014 – Social Accountability Standard
As of June 30, 2026, G.V. Electricals had an order book comprising 34 ongoing projects with a total value of approximately ₹553.70 crore, reflecting strong business visibility and a healthy execution pipeline.
As of May 31, 2026, the company employed 4,473 personnel, including 4,332 permanent employees and 141 contract workers, deployed across its corporate offices and project locations to support its nationwide operations.
G.V.Electricals IPO Promoters
- Jawed Akhtar
- Sunil Lakshman Vatsa
- Furquan Akhtar
Promoters Holding
Holding Pre Issue
95.65%
Holding Post Issue
67.99%
G.V.Electricals IPO Objective
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Repayment of a portion of certain borrowings availed by our Company
- Funding of Working Capital Requirements
- General Corporate Purpose
G.V. Electricals Limited Address / Contact Details
G.V.Electricals Ltd. Address
Unit no 324, 3rd floor, Plot no 416,
Hammersmith Industrial Premises Co-op Society Ltd,
Off. Sitladevi Temple Road, Mahim,
Mumbai, Maharashtra, 400016
Tel No: 011-43083804
E-mail: info@gvelectricals.com
Website:gvelectricals.com
IPO Snapshot
Book Running Lead Managers
- Seren Capital Private Limited
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the G.V.Electricals IPO?
G.V.Electricals IPO is a Book-building IPO with a total issue size of ₹42.25 crore. The G.V.Electricals IPO price band is ₹123 to 130 per share. The G.V.Electricals IPO subscription opens on Fri, Jul 31, 2026, and closes on Tue, Aug 4, 2026. The G.V.Electricals IPO will be listed on the BSE. Mudra RTA Ventures Private Limited is the registrar for the G.V.Electricals IPO.
When will the G.V.Electricals IPO open for subscription?
The G.V.Electricals IPO opens on Fri, Jul 31, 2026 and closes on Tue, Aug 4, 2026
What is G.V.Electricals IPO Price Band?
G.V.Electricals IPO Price Band is ₹123 to 130 per share.
What is G.V.Electricals IPO Lot Size?
G.V.Electricals IPO lot size is 1000 shares, Retail investors need a minimum investment of ₹260000 based on the upper price band
What is the minimum investment for G.V.Electricals IPO?
The minimum investment for G.V.Electricals IPO is ₹260000, based on one lot of 1000 shares at the upper price band of ₹130 per share.
How to apply for G.V.Electricals IPO?
Investors can apply for the G.V.Electricals IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Tue, Aug 4, 2026. The application amount remains blocked until the G.V.Electricals IPO allotment is finalized.
What is G.V.Electricals IPO Issue Size?
G.V.Electricals IPO issue size is ₹42.25 crores.
What is the G.V.Electricals IPO Allotment Date?
G.V.Electricals IPO allotment date is Wed, Aug 5, 2026.
Who is the G.V.Electricals IPO Registrar?
The registrar for G.V.Electricals IPO is Mudra RTA Ventures Private Limited . Investors can go to Mudra RTA Ventures Private Limited website to check G.V.Electricals IPO allotment status, refund processing, and other IPO-related information.
What is the G.V.Electricals IPO GMP?
The G.V.Electricals IPO GMP (Grey Market Premium) is ₹18 as of Mon, Jul 27, 2026. Based on the upper price band of ₹130 per share, the estimated G.V.Electricals IPO listing price is ₹148, indicating a potential listing gain of approximately 13.85% over the issue price.
Who is the G.V.Electricals IPO Lead Manager?
The book-running lead managers (BRLMs) for the G.V.Electricals IPO are . The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the G.V.Electricals IPO Red Herring Prospectus (RHP).