GV Electricals IPO Day 2: Subscription Update as Bidding Enters Second Trading Day
- August 3, 2026
- Posted by: Ankit Jaiswal
- Category: IPO
GV Electricals IPO Day 2 (Aug 3, trading day). Price band Rs 123-130. Issue size Rs 42.25 Cr. Closes Aug 4. Allotment Aug 5, listing Aug 7 on BSE SME.
GV Electricals IPO Day 2 of bidding falls on August 3, 2026, the second trading session of the power distribution infrastructure services company’s BSE SME issue. The IPO opened on July 31 and runs through August 4, with the intervening weekend not counted as a trading day.
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GV Electricals IPO Day 2 comes after the issue is a 100% book-built offer of 32.50 lakh shares worth up to Rs 42.25 crore, comprising a fresh issue of Rs 39 crore and an offer for sale of Rs 3.25 crore by promoters Jawed Akhtar and Sunil Lakshman Vatsa, who are each selling 1.25 lakh shares. The anchor book for the issue opened for one day on July 30, ahead of the main subscription window, giving early institutional investors a chance to commit capital before GV Electricals IPO Day 1 began.
| Detail | Value |
|---|---|
| Price band | Rs 123 to Rs 130 per share |
| Subscription dates | July 31 to August 4, 2026 |
| Issue size | Rs 42.25 crore |
| Lot size | 1,000 shares (min investment Rs 2,60,000) |
| Allotment / Listing | August 5 / August 7, 2026 on BSE SME |
GV Electricals IPO Day 2: Company and Sector Snapshot
As GV Electricals IPO Day 2 bidding progresses, it is worth noting the company’s business: founded in 1985, GV Electricals provides operation and maintenance services for electricity distribution utilities, working across 33 kV, 11 kV and LT voltage networks. For the fiscal year ended March 2026, the company reported revenue of Rs 156.4 crore, up 19.2%, while profit after tax jumped 124.5% to Rs 10.5 crore from Rs 4.7 crore a year earlier.
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How to Track Subscription Numbers on GV Electricals IPO Day 2
Live subscription figures for GV Electricals IPO Day 2 and beyond are best checked directly on the NSE and BSE websites, since numbers can shift meaningfully through the day and especially closer to the closing date of August 4. Category-wise demand from QIB, NII and retail investors typically becomes clearer as the window nears its end.
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GV Electricals IPO: Grey Market Premium (GMP)
Univest does not publish or track live grey market premium (GMP) figures for the GV Electricals IPO or any other issue. If you want to check the current unofficial GMP trend for this offering, you can refer to dedicated IPO-tracking platforms such as InvestorGain, Chittorgarh or IPO Watch, which publish these figures separately.
It is worth remembering that GMP is an unofficial, unregulated indicator quoted in the grey market and is not always an accurate predictor of listing-day performance. Investors should base their decision on the company’s fundamentals, financials and valuation rather than on GMP figures alone.
What Comes After GV Electricals IPO Day 2
After GV Electricals IPO Day 2, the issue has one more trading day before closing on August 4. The basis of allotment is expected on August 5, with shares proposed to list on the BSE SME platform on August 7, 2026. Investors should track this schedule closely for fund debit, demat credit and listing timelines.
Conclusion
GV Electricals IPO Day 2 marks the midpoint of the subscription window for this Rs 42.25 crore power infrastructure services issue. Investors should review the offer document in full, avoid relying on unofficial GMP figures, and consult a SEBI-registered advisor before applying.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions
What is GV Electricals IPO Day 2?
Ans. GV Electricals IPO Day 2 refers to August 3, 2026, the second trading session of bidding for the issue, which opened July 31 and closes August 4.
What is the price band for the GV Electricals IPO?
Ans. The price band for the GV Electricals IPO is Rs 123 to Rs 130 per share, unchanged through GV Electricals IPO Day 2.
When does the GV Electricals IPO close?
Ans. The GV Electricals IPO closes for subscription on August 4, 2026, the day after GV Electricals IPO Day 2.
What is the issue size of the GV Electricals IPO?
Ans. The GV Electricals IPO issue size is Rs 42.25 crore, comprising a Rs 39 crore fresh issue and a Rs 3.25 crore offer for sale.
Where can I check live subscription status on GV Electricals IPO Day 2?
Ans. You can check live subscription status for GV Electricals IPO Day 2 on the NSE and BSE websites, or through registrar Mudra RTA Ventures.
Where can I check GMP for the GV Electricals IPO?
Ans. Univest does not track GMP figures. You can check unofficial grey market premium trends on dedicated IPO-tracking platforms, keeping in mind GMP is not always an accurate predictor of listing performance.
