G.V.Electricals IPO is a book build issue of 32,50,000 shares (₹42.04 crore). The issue is a combination of a fresh issue of 30,00,000 shares (₹39.00 crore) and an offer for sale of 2,50,000 shares (₹3.04 crore).
The G.V.Electricals IPO will open on July 31, 2026, and close on August 04, 2026. The price band for the IPO is fixed at ₹123 to ₹130 per share. The minimum application size is 2 lot (2,000 shares), requiring a retail investor to invest at least ₹2,60,000 (based on the upper price band).
G.V.Electricals IPO Details
| Open Date | July 31, 2026 |
| Close Date | August 04, 2026 |
| Issue Type | Book Building Issue |
| Face Value | ₹10.00 Equity Share |
| Price Band | ₹123.00 – ₹130.00 Per Share |
| Listing On | BSE, SME |
| Issue Size | ₹42.04 Cr. (32,50,000 Shares) |
| Fresh Issue | ₹39.00 Cr. (30,00,000 Shares) |
| Offer For Sale | ₹3.04 Cr. (2,50,000 Shares) |
| Prospectus | RHP | Anchor Investors |
G.V.Electricals IPO Reservation
A total of 32,50,000 shares are on offer in the G.V.Electricals IPO of which 16,25,000 shares have been allotted to QIBs, 4,87,500 shares to NIIs, and 11,37,500 shares to RIIs.
| Category | Reservation | Shares Offered |
|---|---|---|
| QIB | 50.00% | 16,25,000 |
| NII | 15.00% | 4,87,500 |
| RII | 35.00% | 11,37,500 |
| Total | 100.00% | 32,50,000 |
G.V.Electricals IPO Market Lot
Retail investors can apply for the G.V.Electricals IPO minimum & maximum 2 lot of 2,000 shares for an application amount of ₹2,60,000.
| Application | Lot | Shares | Amount |
| Retail Minimum & Maximum | 2 | 2,000 | ₹2,60,000 |
| S-HNI Minimum | 3 | 3,000 | ₹3,90,000 |
| S-HNI Maximum | 7 | 7,000 | ₹9,10,000 |
| B- HNI Minimum | 8 | 8,000 | ₹10,40,000 |
Key Performance Indicator
| KPI [March 31, 2026] | Value |
| Market Capitalisation | ₹146.63 Cr. |
| P/E Ratio | 10.28x |
| EPS | ₹12.64 |
| ROE | 36.81% |
| ROCE | 31.13% |
| RoNW | 31.09% |
| Dept/Equity | 0.49 |
| EBITDA Margin | 10.90% |
| PAT Margin | 6.69% |
| Net Assets Value | ₹40.66 |
| Price To Book Value | ₹3.20 |
G.V.Electricals IPO Peer Comparison
| Company | P/E | EPS | RoNW | NAV |
| Rajesh Power Services Limited | 10.69x | ₹79.52 | 35.26% | ₹225.56 |
| Parth Electricals & Engineering Limited | 39.20x | ₹11.35 | 12.78% | ₹81.54 |
G.V.Electricals IPO Dates
G.V.Electricals IPO open for subscription July 31, 2026, and close date on August 04, 2026. The allotment will be finalized on August 05, 2026, and the IPO listing on August 07, 2026.
| Open Date | July 31, 2026 |
| Close Date | August 04, 2026 |
| Allotment Date | August 05, 2026 |
| Refund Date | August 06, 2026 |
| Share Credit Date | August 06, 2026 |
| Listing Date | August 07, 2026 |
G.V.Electricals Company Financial Report
| Period Ended | Total Assets | Total Income | Total Expenses | Net Worth | Profit After Tax | EBITDA | Reserves and Surplus | Total Borrow |
|---|---|---|---|---|---|---|---|---|
| March 2026 | ₹78.40 Cr. | ₹156.66 Cr. | ₹142.36 Cr. | ₹33.67 Cr. | ₹10.47 Cr. | ₹17.05 Cr. | ₹25.39 Cr. | ₹16.47 Cr. |
| March 2025 | ₹51.43 Cr. | ₹131.36 Cr. | ₹124.61 Cr. | ₹23.20 Cr. | ₹4.66 Cr. | ₹8.04 Cr. | ₹23.16 Cr. | ₹7.84 Cr. |
| March 2024 | ₹42.06 Cr. | ₹112.03 Cr. | ₹106.57 Cr. | ₹17.05 Cr. | ₹2.80 Cr. | ₹6.14 Cr. | ₹17.01 Cr. | ₹4.95 Cr. |
Company Promoters
- Furquan Akhtar
- Jawed Akhtar
- Sunil Lakshman Vatsa
| Holding Pre Issue | 79,19,190 Shares | 95.65% |
| Holding Post Issue | 76,69,190 Shares | 67.99% |
G.V.Electricals IPO Lead Managers
- Seren Capital Private Limited
G.V.Electricals IPO Registrar
Mudra RTA Ventures Private Limited
Phone: 9870297591/9870297592
Email: ipo@mudrarta.com
Website: https://mudrarta.com/
Note: Check G.V.Electricals IPO Allotment Status Visit IPO Investors Allotment Page And Search Your Registrar IPO Allotment Status Link. Click Here…
About G.V.Electricals Limited
Established in 1985, G.V. Electricals Limited is a specialized power distribution infrastructure service provider that primarily provides essential operation, maintenance, and support services to power distribution utilities across India. The company operates through three core business verticals: network operation and maintenance (O&M) services, electrical infrastructure and network development, and metering with meter management services. Through these integrated business lines, G.V. Electricals supports the maintenance and real-time operation of distribution systems at various voltage levels, including 33 kV, 11 kV, and LT networks. Its field teams manage 33/11 kV substations and perform essential technical tasks such as power line maintenance, routine network inspections, and prompt fault resolution.
The company places a strong emphasis on compliance and operational standards, holding ISO certification for its quality, environmental, and occupational health and safety management systems, as well as SA 8000 certification for social accountability. This operational reliability is reflected in its strong market positioning and revenue visibility. As of June 30, 2026, the company’s order book includes 34 ongoing projects valued at approximately ₹553.70 crore, providing consistent medium- to long-term financial stability.
A significant portion of the company’s business comes from repeat, long-standing utility customers, reflecting its established market presence and client confidence in the power infrastructure domain. Backed by an experienced management team, G.V. Electricals relies on a large workforce to manage its multi-location operations, field engineering tasks, and corporate functions. As of May 31, 2026, the company employs 4,473 people, including 4,332 permanent staff members and 141 contract workers, spread across its offices and project sites across the country.
Company Address
G.V. Electricals Limited
Unit no 324, 3rd floor, Plot no 416,
Hammersmith Industrial Premises Co-op Society Ltd,
Off. Sitladevi Temple Road, Mahim,
Mumbai, Maharashtra, 400016
Phone: 011-43083804
Email: info@gvelectricals.com
Website: https://gvelectricals.com/
G.V.Electricals IPO FAQs
What is G.V.Electricals IPO?
G.V.Electricals IPO is a SME IPO of 32,50,000 equity shares of the face value of ₹10 aggregating up to ₹42.25 Crores. The IPO issue priced at ₹123 to ₹130 per share.
What are the open and close dates of the G.V.Electricals IPO?
The IPO will open on July 31, 2026 and will close on August 04, 2026.
What is the price band for G.V.Electricals IPO?
The price band for the IPO is fixed at ₹123 to ₹130 per share.
What is the issue size of the G.V.Electricals IPO?
The total issue size of the IPO is ₹42.25 Cr., comprising both fresh issue and offer for sale (if applicable).
What is G.V.Electricals IPO Minimum and Maximum Lot Size?
The minimum & maximum bid is 2 Lot, 2,000 Shares with ₹2,60,000 amount for the IPO.
What is G.V.Electricals IPO Investors Portion?
The investors’ portion for QIB 50%, NII 15%, RII 35% for the IPO.
When will the basis of allotment for the G.V.Electricals IPO be finalized?
The the IPO allotment is expected to be finalized on August 05, 2026.
When will the shares of G.V.Electricals IPO get listed?
The IPO shares are expected to be listed on the BSE and SME on August 07, 2026.
This content has been researched and written by the IPO Investors Team…
Disclaimer: Readers are strongly advised to seek guidance from a qualified financial advisor before making any investment decisions. Relying solely on the content presented here for financial choices is done entirely at the reader’s own risk.
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