G.V.Electricals
· SME · BSE
Price Band
₹123–130
Lot Size
1000 shares
Issue Size
₹42.25 Cr
Min. Investment
₹1,30,000
Grey Market Premium
Indicative, updates through the day
Cap price plus current GMP: ₹130 — arithmetic, not a forecast
Subscription Status
Subscription data will appear once bidding opens.
G.V.ElectricalsIPO details & analysis
G.V.Electricals IPO is an SME issue opening for subscription on 31 July 2026, listing on BSE. The issue is priced at ₹123–₹130 per share with a lot size of 1000 shares, and its total size is ₹42.25 Cr. At the upper band the minimum retail application is one lot, about ₹1,30,000.
G.V.Electricals IPO GMP today
No meaningful grey market premium is being quoted for G.V.Electricals right now. For an SME issue still to open, that is common until anchor demand and subscription build — a missing premium is not the same as a negative one, and for a large issue it says more about supply than about the company. More on what the number does and does not mean is in our guide to IPO GMP.
How to apply for G.V.Electricals IPO and check allotment
The minimum investment is one lot of 1000 shares (about ₹1,30,000 at the upper band). Allotment is handled by Mudra RTA Ventures Pvt. Ltd., with the basis of allotment expected on 5 August 2026 and listing on 7 August 2026. You can later checkallotment status on the registrar’s website using your PAN or application number; if you are not allotted, the funds blocked under ASBA are released rather than debited. The full process is in our guide to IPO allotment.
Figures update through the day and are drawn from exchange and registrar data. Nothing here is investment advice; grey market premium is an unofficial indicator and we are not SEBI-registered analysts.
About G.V.Electricals
Incorporated in1985, G.V. Electricals Limited is an power distribution infrastructure service provider that provides operation, maintenance, and support services mainly to India's electricity distribution utilities. The company operates in three business verticals:- The company supports maintenance and operations of electrical distribution systems at various voltage levels, including 33 kV, 11 kV, and LT networks. It provides O&M for 33/11 kV substations and deploys technical staff for field tasks like line maintenance, network inspection, and fault rectification. The company has ISO 9001:2015, 14001:2015, 45001:2018, and SA 8000:2014 certifications for its management systems covering quality, environmental, occupational health and safety, and social accountability. As of June 30, 2026, the company’s order book includes 34 ongoing projects valued at about ₹ 553.70 crores. As of May 31 , 2026, the Company had 4,473 employees, including 4,332 permanent staff and 141 contract workers across offices and projects.
Issue Objectives
- Repayment of a portion of certain borrowings availed by the Company;
- Funding of Working Capital Requirements
- General Corporate Purpose
Reservation
| Category | Shares Offered | % |
|---|---|---|
| QIB | 14,80,000 | 49.83% |
| − Anchor Investor | 8,88,000 | 0% |
| − QIB (Ex. Anchor) | 5,92,000 | 0% |
| NII (HNI) | 4,50,000 | 15.15% |
| − bNII > ₹10L | 3,00,000 | 0% |
| − sNII < ₹10L | 1,50,000 | 0% |
| Retail | 10,40,000 | 35.02% |
| Market Maker | 2,80,000 | 0% |
- QIB49.8%
- − Anchor Investor0.0%
- − QIB (Ex. Anchor)0.0%
- NII (HNI)15.2%
- − bNII > ₹10L0.0%
- − sNII < ₹10L0.0%
- Retail35.0%
- Market Maker0.0%
Market Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (IND) (Min) | 2 | 2000 | ₹2,60,000 |
| Individual investors (IND) (Max) | 2 | 2000 | ₹2,60,000 |
| S-HNI (Min) | 3 | 3000 | ₹3,90,000 |
| S-HNI (Max) | 7 | 7000 | ₹9,10,000 |
| B-HNI (Min) | 8 | 8000 | ₹10,40,000 |
Financials (₹ Cr)
Valuations
EPS (Pre IPO)
12.64
EPS (Post IPO)
9.28
ROE
31.09%
P/E (Pre IPO)
10.28
P/E (Post IPO)
14.01
Price / Book
3.20
Market Cap
₹146.63 Cr.
Peers Comparison
| Company | P/E | ROE | Revenue |
|---|---|---|---|
| IC Electricals Co.Ltd. | 9.42 | ₹47.91 Cr | |
| Vivid Electromech Ltd. | 19.2 | ₹130.54 Cr | |
| INDO SMC Ltd. | 16.1 | ₹91.95 Cr | |
| Sugs Lloyd Ltd. | 11.91 | ₹85.66 Cr | |
| Parth Electricals & Engineering Ltd. | 18.05 | ₹49.67 Cr | |
| Fujiyama Power Systems Ltd. | 40.85 | ₹828.00 Cr |
Contact Details
G.V.Electricals Ltd. Address
- 400016011-430838
- info@gvelectricals.com
- https://gvelectricals.com/
Registrar Contact Details
Mudra RTA Ventures Pvt. Ltd.
- https://mudrartaventures.com
Frequently Asked Questions
Key Dates
- Open Date
- 31 Jul 2026
- Close Date
- 04 Aug 2026
- Listing Date
- 07 Aug 2026
Issue Details
- Registrar
- Mudra RTA Ventures
- Lead Manager(s)
- Exchange
- BSE