· SME · BSE
Price Band
₹123–130
Lot Size
1000 shares
Issue Size
₹42 Cr
Min. Investment
₹1,30,000
Indicative, updates through the day
Cap price plus current GMP: ₹155 — arithmetic, not a forecast
Subscription data will appear once bidding opens.
G.V. Electricals IPO is an SME issue that listed on BSE on 12 August 2026. The issue price band is fixed at ₹123–₹130 per equity share with a minimum market lot size of 1000 shares, bringing the total issue size to ₹42 Cr. At the upper price band, the minimum retail application requires one lot amounting to .
The latest unlisted Grey Market Premium (GMP) for G.V. Electricals IPO is quoted at ₹25, representing a premium of approximately 19.23% over the upper price band of ₹130. On a simple cap price plus GMP basis, the estimated opening price indicates a listing near ₹155, and informal quotes have risen over recent sessions. Please note that GMP is an unregulated sentiment indicator quoted by off-market dealers; it fluctuates based on supply-demand dynamics and does not constitute a guaranteed listing price. For historical accuracy studies, read our research on IPO GMP accuracy, or compare with live GMP quotes for all active IPOs.
The minimum investment for retail investors is one lot of 1000 shares (approx. ₹1,30,000 at the cut-off price). Applications must be submitted using ASBA via Net Banking or the UPI Mandate route through registered stockbrokers (Zerodha, Groww, Angel One, Upstox).
The official registrar appointed for this issue is Mudra RTA Ventures Pvt. Ltd., with the basis of allotment finalised on 10 August 2026 and listing completed on 12 August 2026. Once declared, you can check your allotment status on our IPO Allotment Checker using your PAN or Application Number. If you are not allotted shares, the ASBA block on your bank funds is automatically released by T+2 day.
Issue Price
₹130
Listed At
₹158
Current Price
₹165.9
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.
G.V. Electricals IPO raises ₹11.54 crore from anchor investors. G.V. Electricals IPO Anchor bid date is July 30, 2026.
| 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% |
| 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 |
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
₹108Cr.
| 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 |
G.V.Electricals Ltd. Address
Mudra RTA Ventures Pvt. Ltd.