Tempsens Instruments (India) Ltd₹305101.7%Hy Tech Engineers Ltd₹4279.3%Kwick Forensic Solutions Ltd₹6673.3%Farm Peace Ltd₹4271.2%Poojaa Precision Engg Ltd₹19364.1%ESDS Software Solution Ltd₹21550.1%Shanti Inorganics Ltd₹3947.0%Ashutosh Fibre Ltd₹4245.7%Behari Lal Engineering Ltd₹12744.6%Technocrats Plasma Systems Ltd₹5642.4%Lumino Industries Ltd₹3441.5%Shiprocket Ltd₹3839.2%

G V ELECTRICALS LTD IPO

Listed SME BSE SME Bookbuilding IPO
Min Investment
₹2,60,000
1000 shares · 1 lot

G V ELECTRICALS LTD IPO was priced at ₹123–₹130 per share with an issue size of ₹42 crore. The IPO opened on Jul 31, 2026 and closed on Aug 04, 2026, with a lot size of 1,000 shares and a minimum investment of ₹2,60,000.

Open
31 Jul
Close
04 Aug
Allotment
10 Aug
Refund
11 Aug
Listing
12 Aug

Market Sentiment

Grey Market Premium

Full history →
+₹22.00 +16.9%
Est. listing: ₹152
Updated 07 Aug 2026
GMP is an informal, unregulated grey-market figure. It is not a guaranteed listing price and can move sharply during the bidding window.

Live Subscription

All IPOs →
19.63x
Total subscription · 17,785 applications
QIB 3.52x
NII (HNI) 18.87x
bNII (> ₹10L) 16.63x
sNII (₹2L - ₹10L) 27.55x
Retail 29.33x
Updated 03 Aug 2026, 5:07 PM

IPO Details

Price Band ₹123.00 - ₹130.00 per share
Lot Size1000 shares
Min Investment₹2,60,000
Total Issue Size ₹42.00 crore
Shares Offered32,50,000
Issue Structure Fresh Issue + Offer for Sale
Issue TypeBookbuilding IPO
Lead Manager(s)Seren Capital Pvt.Ltd.
RegistrarMudra RTA Ventures Private Limited
Listing AtBSE SME

Quick Profit Calculator

Issue price ₹130 · lot size 1000 shares · estimated listing price ₹152 (GMP +₹22)

Category Lots Shares Investment Value at listing Profit
Retail (Min) 1 1,000 ₹1,30,000 ₹1,52,000 +₹22,000
S-HNI (Min) 2 2,000 ₹2,60,000 ₹3,04,000 +₹44,000
S-HNI (UPI limit) 3 3,000 ₹3,90,000 ₹4,56,000 +₹66,000
S-HNI (Max) 7 7,000 ₹9,10,000 ₹10,64,000 +₹1,54,000
B-HNI (Min) 8 8,000 ₹10,40,000 ₹12,16,000 +₹1,76,000
Estimated from the grey market premium, an informal and unregulated figure that moves sharply and frequently differs from the eventual listing price. Not a forecast. Assumes full allotment, which is rarely guaranteed when an issue is oversubscribed.

Financial Analysis

EPS
₹12.64
P/E (Post)
14.01 x
RoNW
31.09%
RoCE
31.13%
Net Worth
₹33.67 Cr
MetricLatest Reported
Total Income₹156.66 Cr
Profit After Tax₹10.47 Cr
Net Worth₹33.67 Cr

Promoters & Holding

Promoters: Furquan Akhtar, Jawed Akhtar, Sunil Lakshman Vatsa

Promoter Holding (Pre-Issue)95.65%
Promoter Holding (Post-Issue)67.99%

Strengths & Risks

Strengths

  • Presence Across Electrical Infrastructure Activities with Major Revenue from O&M Services
  • Order Book Providing Revenue Visibility
  • Majority of Revenue from Repetitive Customers
  • Experienced Management Team and Manpower Strength

Risks & Concerns

  • The company operates in a highly competitive and fragmented segment.
  • The issue appears aggressively priced based on recent financial data.
Summarised from the company's own DRHP/RHP disclosures. Informational only, not investment advice — always read the full prospectus before applying.

Company Information

G.V. Electricals Limited is a power distribution infrastructure service provider that provides operation, maintenance, and support services mainly to India's electricity distribution utilities.

As of June 30, 2026, the company’s order book includes 34 ongoing projects valued at about ₹ 553.70 crores.

Founded1985
HeadquartersMumbai, Maharashtra
IndustryElectrical Infrastructure
Websitehttps://gvelectricals.com/

Objects of the Issue

  • Repayment of a portion of certain borrowings availed by the Company;
  • Funding of Working Capital Requirements
  • General Corporate Purpose

Registrar & Allotment

RegistrarMudra RTA Ventures Private Limited
Phone9870297591/9870297592
Email[email protected]

Resources & Documents

Frequently Asked Questions

11 answers about G V ELECTRICALS LTD IPO — dates, pricing, allotment and listing.

G V ELECTRICALS LTD IPO is a bookbuilding ipo of ₹42 crore. The issue was priced at ₹123–₹130 per share, with a lot size of 1,000 shares. Bidding ran from Fri, 31 Jul 2026 to Tue, 04 Aug 2026, with shares listed on BSE SME.

The price band was ₹123–₹130 per share.

One lot was 1,000 shares. Bids had to be placed in multiples of 1,000.

A retail investor needed at least ₹2,60,000 – one lot of 1,000 shares at ₹130, the upper end of the price band.

G V ELECTRICALS LTD IPO opened on Fri, 31 Jul 2026 and closed on Tue, 04 Aug 2026.

Allotment was finalised on Mon, 10 Aug 2026.

G V ELECTRICALS LTD shares were listed on Wed, 12 Aug 2026 on BSE SME.

The company intended to use the net proceeds towards repayment of a portion of certain borrowings availed by the company;, funding of working capital requirements and general corporate purpose.

Seren Capital Pvt.Ltd. is the book running lead manager. Mudra RTA Ventures Private Limited is the registrar to the issue.

Category-wise demand from retail, NII and QIB bidders is on the G V ELECTRICALS LTD IPO subscription page, and on the BSE and NSE websites.

From Mon, 10 Aug 2026, check the G V ELECTRICALS LTD IPO allotment status using your PAN, application number or DP ID – also available on the registrar's website.