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GV Electricals Ltd.

SMEBSE
ListedListed on 12 Aug 2026+21.5%

₹123–130

₹ 31 Cr

2000 Shares

₹ 2,46,000

₹10

Financial Summary

Standalone(in ₹ million)
ParticularsFY 2025-26FY 2024-25
15,641.2913,123.56
24.8112.05
15,666.113,135.61
13,842.112,268.63
1,430.01674.98
1,046.57466.08

Subscription Details

149.31xTotal
Subscription
168.69x
168.54x
91.55x
0.00x

IPO Timeline

IPO Offer Start

31 Jul 2026

IPO Offer Ends

7 Aug 2026

12 Aug 2026

Use of Proceeds

#PurposeAmount (₹ Million)
1Repayment of a portion of certain borrowings availed by our Company60
2Funding of Working Capital Requirements220
3General Corporate Purpose54.9

Promoters

Jawed AkhtarSunil Lakshman VatsaFurquan Akhtar

Book Running Lead Managers

Seren Capital Pvt Ltd.

Promoter Shareholding

Pre-IPO

95.65%

Promoter stake

Post-IPO

67.99%

Promoter stake

Offered to Public

23,62,000

shares

Post Share Capital

76,69,190

shares

IPO Registrar

Mudra RTA Ventures Pvt Ltd.

About the Company

Our operations are broadly organized into three service verticals: (i) Network Operation and Maintenance (“O&M”) Services, (ii) Electrical Infrastructure and Network Development Works, and (iii) Metering and Meter Management Services. These verticals collectively cover operational and maintenance support for distribution networks, execution of electrical infrastructure works associated with distribution systems, and metering-related field services undertaken for electricity distribution utilities. Under our Network O&M Services vertical, we undertake maintenance and operational support of electrical distribution systems across multiple voltage levels, including 33 kV, 11 kV and low-tension (“LT”) networks, provide O&M support for 33/11 kV substations and deploy technical manpower for field operations such as line maintenance, network inspection and fault rectification. Under the Electrical Infrastructure and Network Development Works vertical, we undertake allied electrical and civil works relating to electricity distribution infrastructure, including pole-related works such as erection and shifting of poles, cable-related works including laying, jointing and termination of underground and overhead cables, and civil works such as excavation, foundation works, construction of plinths and other supporting civil structures required for installation, maintenance or restoration of distribution infrastructure.

Use of Proceeds

1. Repayment of a portion of certain borrowings availed by our Company.2. Funding of Working Capital Requirements.3. General Corporate Purpose.

IPO FAQs

The GV Electricals Ltd. IPO has a total of ₹31 crore, calculated at the upper end of the .

The GV Electricals Ltd. IPO is priced at ₹123–130 per share. bids must fall within this , against a of ₹10 per share.

The for the GV Electricals Ltd. IPO is 2,000 shares, which is also the minimum order quantity — you have to apply for at least 2,000 shares, and in multiples of 2,000 beyond that.

The minimum investment in the GV Electricals Ltd. IPO is about ₹2,46,000 — one lot of 2,000 shares, calculated at the lower end of the .

Bidding at the cut-off or upper price raises the amount blocked in your account.

The GV Electricals Ltd. opens on 31 Jul 2026 and closes on 7 Aug 2026.

Applications have to be in before 5:00 PM IST on the closing day, and your UPI mandate needs to be approved by then as well.

GV Electricals Ltd. shares were listed on 12 Aug 2026 on BSE.

Mudra RTA Ventures Pvt Ltd. is the for the GV Electricals Ltd. IPO.

The registrar processes the , refunds and the credit of shares to your demat account, so allotment-status queries go to them — phone 91-9958808069 and email ipo@mudrarta.com.

GV Electricals Ltd. IPO shares are listed on BSE.

Each GV Electricals Ltd. share has a of ₹10.

Face value is the nominal value recorded in the company's books and is separate from the issue price you pay.

held 95.65% of GV Electricals Ltd. before the IPO, which falls to 67.99% after the issue.

23,62,000 shares of GV Electricals Ltd. are being offered to the public in this issue.

The GV Electricals Ltd. IPO has been subscribed 149.31x overall — 91.55x, 168.54x and 168.69x.

figures update through the issue period until it closes.

  1. 1.Repayment of a portion of certain borrowings availed by our Company
  2. 2.Funding of Working Capital Requirements
  3. 3.General Corporate Purpose

Seren Capital Pvt Ltd. is the book running lead manager for the GV Electricals Ltd. IPO.

Pre-apply means placing your GV Electricals Ltd. application before the subscription window actually opens. The bid is held and forwarded to the exchange on the opening day, so you don't have to submit it in the rush of the first morning.

Applying early doesn't improve your chances — when an issue is oversubscribed, the for investors is decided by a lottery, not by who applied first. Your money is only blocked once the application reaches the exchange.

You can apply in the GV Electricals Ltd. IPO online using either UPI or ASBA as the payment method. ASBA applications are made through the net banking of a bank account that supports IPO applications — the bank blocks the amount in your account instead of debiting it. UPI applications are offered by brokers that don't provide banking services: you enter your UPI ID and then approve the mandate request in your UPI app.

Either route needs a demat account. You bid for at least one lot, at a price within the or at the cut-off price, and the money stays blocked in your bank account until the is finalised.

Your broker or bank confirms the bid once it has been submitted to the exchange, usually within a few minutes during the bidding window. A UPI application only goes live after you approve the mandate request — ignore it and the bid lapses, even though it looks placed.

You can check the GV Electricals Ltd. bid independently on the NSE or BSE IPO bid-verification page a day after applying. An ASBA application also shows up as a blocked amount in your bank statement.