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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

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.