G.V. Electricals IPO: ₹42.25 Cr Issue Opens July 31
High-tension electrical substation and power lines in a semi-urban area of India
Key Highlights
G.V. Electricals Ltd. launches its SME IPO on July 31, aiming to raise ₹42.25 crores. Explore details on price band, dates, and company growth.
G.V. Electricals Ltd. launched its SME , targeting approximately ₹42.25 crores through a book-built offering. for the issue is open from July 31, 2026, and will close on August 7, 2026.
- Issue : ₹123 to ₹130 per equity share
- : ₹10 per equity share
- : ₹39.00 crores
- : Up to 2,50,000 equity shares
- Allotment Finalization: August 10, 2026
- SME Listing: August 12, 2026
G.V. Electricals, an Indian electrical contracting firm, brings nearly four decades of experience to the market. The company specializes in turnkey solutions for Low Tension (LT) and High Tension (HT) electrical installations up to 400 kV.
IPO Proceeds Allocation
- Repayment of company borrowings: ₹6.00 crores
- Funding working capital requirements: ₹22.00 crores
- General corporate purposes
The company has shown consistent financial growth leading up to the IPO. climbed steadily, alongside a notable increase in profits after tax across recent fiscal years.
Financial Highlights (FY2026)
- Revenue: ₹156.66 crores (FY2026)
- : ₹10.47 crores (FY2026)
- (ROE): 36.81%
- (ROCE): 31.13%
- (EPS) Basic: ₹12.64
- (NAV): ₹40.66
Jawed Akhtar, Sunil Lakshman Vatsa, and Furquan Akhtar oversee the company. Based on its financials, investors are advised to consider the IPO for a long-term investment horizon.