G V Electricals
07 Aug '26SME
Min. Investment
₹2,46,000
Issue size
₹42.25 Cr
GMP
Locked
Overall subscription: 19.63x
Expert verdict
IPO dates
31 Jul
Opening
04 Aug
Closing
05 Aug
Allotment
07 Aug
Listing
*Refunds will be initiated on 06 Aug '26
IPO quota
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2000 | ₹2,60,000 |
Subscription (as on 03 August 2026, 06:30 PM)
Overall19.63x
Qualified institutional buyers
Non-Institutional Buyers
Retail Investors
Employee
About company
Founded: 1985|MD: Mr Sunil Lakshman Vatsa
- G V Electricals Limited is a power distribution infrastructure services provider engaged in providing operation and maintenance (O&M) and allied support services to electricity distribution utilities in India. Incorporated in 1985, the company operates across three business verticals: Network Operation and Maintenance Services, Electrical Infrastructure and Network Development Works, and Metering and Meter Management Services.
- Its services include maintenance of electricity distribution networks, substations, feeders, poles, and cables; execution of electrical and civil infrastructure works; and metering-related activities such as meter installation, replacement, testing, and reading. The company undertakes projects through contracts awarded by electricity distribution utilities, primarily through competitive tendering processes, as well as direct work orders from certain private sector clients.
- Its operations involve deploying field personnel, including supervisors, technicians, and linemen, supported by operational vehicles, tools, and equipment to carry out maintenance, inspection, and restoration activities across designated service areas.
- Use of proceeds:
- The IPO consists of both a fresh issue of shares and an offer for sale (OFS). Net proceeds from the OFS will go to the respective selling shareholders, while the net proceeds from the fresh issue will be utilised for the following purposes:
- Repayment of a portion of certain borrowings availed by the company — Rs 6 crore
- Funding of working capital requirements — Rs 22 crore
- General corporate purposes.
Issue Details & Objective
Lot size
1000 Shares
Price band
₹123 to 130
Face value
₹10 per share
Financials
IPO reservation
Anchor investor - 27.32%
QIB - 18.22%
HNI - 13.85%
Retail - 32.00%
Download DRHP (IPO Doc)FAQs
Our SEBI-registered investment advisors give out verdicts for each IPO. You can refer to their expert verdict at the top of this page. Please note that these verdicts are for informational purposes only and should not be construed as investment advice. Markets are subject to risk, and investors should exercise their own discretion and diligence.
The issue size of G V Electricals IPO is ₹42.25 Cr
The G V Electricals IPO will be open for applications from 31 Jul '26 to 04 Aug '26
The lot size of G V Electricals IPO is 1000 Shares and its minimum investment amount is ₹2,46,000.
Grey market premium (GMP) is a premium amount at which grey market IPO shares are traded before they get listed in the stock exchange. The GMP for G V Electricals IPO is null
