G.V. Electricals IPO
G.V. Electricals IPO
Overview
G.V. Electricals IPO is a book build issue of ₹42.25 crores. The issue is a combination of fresh issue of 0.30 crore shares aggregating to ₹39.00 crores and offer for sale of 0.03 crore shares aggregating to ₹3.25 crores. G.V. Electricals IPO opens for subscription on Jul 31, 2026 and closes on Aug 4, 2026. The allotment for the G.V. Electricals IPO is expected to be finalized on Aug 5, 2026. G.V. Electricals IPO will list on the BSE SME with a tentative listing date fixed as Aug 7, 2026. G.V. Electricals IPO is set issue price band at ₹123 to ₹130 per share. The lot size for an application is 1,000 shares. The minimum amount of investment required by an individual investor (retail) is ₹2,60,000 (2,000 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (3,000 shares), amounting to ₹3,90,000. Seren Capital Pvt.Ltd. is the book running lead manager and Mudra RTA Ventures Private Limited is the registrar of the issue. The Market Maker of the company is Mansi Share & Stock Broking Pvt.Ltd.
Total Shares
32,50,000
Issue Size
₹42 Cr
Price Band
₹123 – ₹130
Lot Size
1000 shares
Min. Investment
₹1,30,000
Max. Investment
₹1,30,000
Open Date
31 Jul, 2026
Close Date
04 Aug, 2026
Allotment
05 Aug, 2026
Listing
07 Aug, 2026
Max. Investment
₹1,30,000
Announced
31 Jul, 2026
Opening Date
31 Jul, 2026
Closing Date
04 Aug, 2026
Basis of Allotment
05 Aug, 2026
Initiation of Refunds
06 Aug, 2026
Credit of Shares
06 Aug, 2026
Listing Date
07 Aug, 2026
Live GMP
Est. Listing: ₹152
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About G.V. Electricals IPO
Incorporated in1985, G.V. Electricals Limited is an power distribution infrastructure service provider that provides operation, maintenance, and support services mainly to India's electricity distribution utilities.
The company operates in three business verticals:-
- Network Operation and Maintenance (“O&M”) Services,
- Electrical Infrastructure and Network Development Works, and
- Metering and Meter Management Services.
The company supports mainten
G.V. Electricals IPO Share Price
Issue Breakdown
Shareholding
Dilution: 36.2% increase in shares
G.V. Electricals IPO Financial Health
G.V.Electricals Ltd.'s revenue increased by 19% and profit after tax (PAT) rose by 125% between the financial year ending with March 31, 2026 and March 31, 2025.
G.V. Electricals IPO Lot Size
Investors can bid for a minimum of 2,000 shares and in multiples of 1,000 shares thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (IND) (Min) | 2 | 2000 | ₹2,60,000 |
| Individual investors (IND) (Max) | 2 | 2000 | ₹2,60,000 |
| S-HNI (Min) | 3 | 3000 | ₹3,90,000 |
| S-HNI (Max) | 7 | 7000 | ₹9,10,000 |
| B-HNI (Min) | 8 | 8000 | ₹10,40,000 |
(All values in CR)
G.V. Electricals IPO Valuations
| Metric | Value |
|---|---|
| ROE | 36.81 |
| ROCE | 31.13 |
| Debt/Equity | 0.49 |
| RoNW | 31.09 |
| PAT Margin | 6.69 |
| EBITDA Margin | 10.90 |
| NAV | 40.66 |
| Price to Book Value | 3.20 |
(All values in CR)
G.V. Electricals IPO Strength & Risk
G.V. Electricals IPO: Strengths
- Established player in the electrical infrastructure and EPC segment with experience in executing power distribution and electrification projects.
- Diverse project portfolio across government and private sector clients, reducing dependence on a single customer.
- Strong revenue growth and improving profitability in recent financial periods, reflecting healthy business momentum.
- Healthy order book provides revenue visibility and supports future business growth.
- IPO proceeds will strengthen the balance sheet through debt repayment and support working capital requirements.
- Experienced promoters and management team with expertise in executing electrical infrastructure projects.
G.V. Electricals IPO: Risks
- Business is dependent on timely execution of EPC contracts, with delays potentially impacting revenue and margins.
- Revenue is influenced by government infrastructure spending and project awards, making it vulnerable to policy changes.
- Working capital-intensive operations require continuous funding, which could pressure cash flows.
- Faces intense competition from established EPC and electrical contracting companies, which may affect margins.
- Any increase in raw material costs or supply chain disruptions could adversely affect profitability.
- Dependence on a limited number of large projects may lead to earnings volatility if projects are delayed or cancelled.
G.V. Electricals IPO GMP
G.V. Electricals SME IPO last GMP is ₹22, last updated Jul 29th 2026 01:55 PM. With the upper price band of ₹130.00, G.V. Electricals SME IPO's estimated listing price is ₹152 (cap price + today's GMP). The expected percentage gain/loss per share is 16.92%. >> G.V. Electricals SME IPO Retail Subject to Sauda: ₹16700 During this period, the GMP ranged from a low of ₹18.00 to a high of ₹22.00.
Last updated 29 Jul, 2026 · Source: aggregated grey-market dealers
| Date | IPO Price | GMP | Sub2 Sauda | Est. Listing | Est. Profit | Updated |
|---|---|---|---|---|---|---|
| 29 Jul, 2026 | 130 | ₹22 | - | ₹152 (16.92%) | 22000 | 29 Jul, 2026 |
| 28 Jul, 2026 | 130 | ₹22▲ | - | ₹152 (16.92%) | 22000 | 28 Jul, 2026 |
| 27 Jul, 2026 | 130 | ₹18 | - | ₹148 (13.85%) | 18000 | 27 Jul, 2026 |
Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.
How to Apply for G.V. Electricals IPO
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