G

G V Electricals Ltd.

CLOSED

SME

GMP-

Subscription149.31×Overall

Min. Investment₹1,23,0001 lot × 1000 shares

IPO Details

Issue Size₹1,646.02 Cr

Price Band₹123 – ₹130Per equity share

Lot Size1000 SharesMin 1 lot (Retail)

Face Value₹10 / sharePaid-up equity

Total Shares12.66 CrOffered to public

Market Cap₹107.63 CrAt upper price band

QIB Quota6.55%Qualified Inst. Buyers

Retail Quota11.5%Non-inst. investors

IPO Timeline

Issue Opens31 Jul 2026

IPO subscription begins

Issue Closes7 Aug 2026

Last day to apply

Basis of Allotment10 Aug 2026

Allotment finalization

Listing Date12 Aug 2026

Trading begins on BSE & NSE

About & Business

Background
Industry

Our Company was incorporated as “G V Electricals Private Limited” on February 28, 1985, under the provisions of the Companies Act, 1956, pursuant to a Certificate of Incorporation issued by Registrar of Companies, Maharashtra. Thereafter, our Company was converted from private limited to public limited, pursuant to special resolution passed by the shareholders of the Company at the Extraordinary General meeting held on September 01, 2025 and the name of our Company was changed from “G V Electricals Private Limited” to “G V Electricals Ltd” vide fresh certificate of incorporation dated November 04, 2025 issued by the Registrar of Companies, Central Processing Centre. The Corporate identification number of our Company is U43210MH1985PLC035529.

Major Events & Milestones

1985

Incorporation of our Company as “G.V. Electricals Private Limited” under the Companies Act, 1985.

2004

Undertook an international EPC assignment in the Middle East involving erection, testing and commissioning of substations.

2012

Change in promoter shareholding pursuant to share transfers dated April 18, 2012, resulting in induction of the current promoters.

2016

Secured operation and maintenance (O&M) contracts for power distribution infrastructure in the state of Haryana.

2019

Secured an additional O&M contract for power distribution infrastructure in Haryana.

2023

Secured a contract valued at approximately 200 crore for execution of electrical infrastructure works in eastern India.

Received recognition for service performance from a major power distribution utility.

2024

Received recognition for operational performance from a power distribution utility.

2025

Secured a contract valued at approximately 150 crore for feeder remote terminal (FRT) deployment under a power distribution project in western India.

Received multiple performance-based recognitions from power distribution utilities for execution and maintenance of LT/HT lines and substations.

Conversion of the Company from a private limited company to a public limited company.

Objectives of the Issue

01Repayment of a portion of certain borrowings availed by our Company
02Funding of Working Capital Requirements
03General Corporate Purpose

Agencies & Documents

Book Running Lead Managers (BRLMs)

Seren Capital Pvt. Ltd.

Registrar to the Issue

Mudra RTA Ventures Pvt. Ltd.9958808069

IPO CalculatorClosed

Price Band123 – 130Cut-off: ₹130 per share

Closes7 Aug 20265:00 PM IST

Select Lots

1

Shares1000 shares

Price per share₹130 (cut-off)

Total Investment₹1,30,000

Subscription Status

149.31× Overall

Category	Subscribed	Shares Offered
Non Institutional Investors	168.54×	7,30,000
Retail Individual Investors	168.69×	10,40,000
Qualified Institutional Buyers	91.55×	5,92,000

Last updated: 5 Aug 2026, 09:38 AM IST