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GVELECTRIC · BSE · Electrical Equipment
G.V. Electricals IPO listed on 12 Aug 2026 on BSE at ₹158.00, a gain of 21.54% over the issue price of ₹130.00. The IPO was subscribed 114.34x overall.
G.V. Electricals IPO tentative timeline covering IPO opening, closing, basis of allotment, refunds, demat credit, and listing dates.
| Event | Date |
|---|---|
| IPO Open Date | 31 Jul 2026 |
| IPO Close Date | 07 Aug 2026 |
| Basis of Allotment | 10 Aug 2026 |
| Initiation of Refunds | 11 Aug 2026 |
| Credit of Shares to Demat | 11 Aug 2026 |
| Listing Date | 12 Aug 2026 |
Listing day gain
+21.54%
Listed at ₹158 (issue ₹130)
Issue
₹130
Listing
₹158
Current
₹165.9
+27.62% vs issue
Day range
₹154 – ₹165.9
Issue Size
3,250,000 shares
(aggregating up to ₹42.00 Cr)
Issue Price
₹123 – ₹130
Face Value
₹10/share
Market Lot
1,000 shares
Retail Min Investment
₹260,000
Listing At
BSE
Sale Type
both
Fresh Issue
2,720,000 shares
(aggregating up to ₹35 Cr)
Offer for Sale
250,000 shares
(aggregating up to ₹3 Cr)
Reserved for Market Maker
280,000 shares
(aggregating up to ₹4.00 Cr)
Issue Type
book building
Open Date
31 Jul
Close Date
07 Aug
Allotment
10 Aug
Listing
12 Aug
Last updated: 1 month ago
| Date | IPO Issue Price (₹) | GMP (₹) | Est. Listing Price (₹) | Est. Profit Amount (₹) | Est. Profit % | Last Updated |
|---|---|---|---|---|---|---|
| 11 Aug 2026 Latest | ₹130 | ₹25 | ₹155 | ₹25 |
19.23%
|
6:42 PM |
| 11 Aug 2026 | ₹130 | ₹25 | ₹155 | ₹25 |
19.23%
|
6:11 PM |
Showing the 2 most recent GMP entries.
View full GMP historyLatest snapshot: 07 Aug 2026
| Category | Subscribed (x) | No. of Applications |
|---|---|---|
| QIB | 58.45x | - |
| NII | 231.68x | - |
| bNII (bids above ₹10L) | 276.59x | - |
| sNII (bids below ₹10L) | 141.85x | - |
| Retail Investors | 95.38x | - |
| Total | 114.34x | - |
Showing the latest subscription snapshot.
View full subscription historyJawed Akhtar, Sunil Lakshman Vatsa, Furquan Akhtar are the promoters of the company.
New to lot sizes and investment limits? Read our guide on IPO lot size and minimum investment.
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 2,000 | ₹260,000 |
| Retail (Max) | 2 | 2,000 | ₹260,000 |
| S-HNI (Min) | 3 | 3,000 | ₹390,000 |
| S-HNI (Max) | 7 | 7,000 | ₹910,000 |
| B-HNI (Min) | 8 | 8,000 | ₹1,040,000 |
Want to understand how IPO shares are divided between investor categories? Read our guide on IPO reservation structure.
| Category | Shares Offered |
|---|---|
| QIB Shares Offered | 1,480,000 (45.54%) |
|
•
Anchor Investor Shares Offered
|
888,000 (27.32%) |
|
•
QIB (Ex. Anchor) Shares Offered
|
592,000 (18.22%) |
| NII (HNI) Shares Offered | 450,000 (13.85%) |
|
•
bNII > ₹10L
|
300,000 (9.23%) |
|
•
sNII < ₹10L
|
150,000 (4.62%) |
| Individual Investors Shares Offered | 1,040,000 (32.00%) |
| Market Maker Shares Offered | 280,000 (8.61%) |
| Total Shares Offered | 3,250,000 (100.00%) |
Incorporated in 1985, G.V. Electricals Limited has built over four decades of strong experience in India's power sector. Headquartered in Mumbai, Maharashtra, the company works as a crucial partner for electricity boards and power utilities, making sure that electricity reaches Indian homes and businesses without interruption.
The company runs its operations across three main areas:
Network Operation and Maintenance (O&M): Keeping power distribution systems running smoothly day and night.
Infrastructure Development: Setting up essential hardware like power lines, poles, cables, and major sub-stations.
Led by its promoters Jawed Akhtar and Sunil Lakshman Vatsa, the company has shown consistent progress. As of early 2026, its strong reputation has helped it secure 34 ongoing projects worth about ₹594.67 crores.
Standalone · ₹ in Crores
| Particulars | FY Mar 2024 | FY Mar 2025 | FY Mar 2026 |
|---|---|---|---|
| Total Revenue | 112.03 | 131.36 | 156.66 |
| Profit After Tax (PAT) | 2.8 | 4.66 | 10.47 |
| EBITDA | 6.14 | 8.04 | 17.05 |
| Total Assets | 42.06 | 51.43 | 78.4 |
| Net Worth | 17.05 | 23.2 | 33.67 |
| Reserves & Surplus | 17.01 | 23.16 | 25.39 |
| Total Borrowing | 4.95 | 7.84 | 16.47 |
Revenue & Profit Trend
Key ratios per fiscal period
| Particulars | Mar 2026 |
|---|---|
| RoE Return on Equity Shows how much profit the company makes on the money shareholders have put in. 15% to 20% is healthy in most industries. | 36.81% |
| RoCE Return on Capital Employed Shows the profit earned on all the money used, shareholder funds plus loans. Matters most for factory and infrastructure heavy companies. | 31.13% |
| RoNW Return on Net Worth Shows the profit earned on the company's own net worth. Steady or rising over 3 years is a good sign. | 31.09% |
| PAT Margin Profit After Tax Margin Out of every ₹100 of sales, how much the company keeps after paying all costs, loan interest and tax. | 669% |
| EBITDA Margin Earnings Before Interest, Tax, Depreciation and Amortisation Margin Profit from the main business as a share of sales, before loan interest and tax. Compare it with other companies in the same industry. | 10.9% |
| Debt / Equity Debt to Equity How much the company has borrowed against what shareholders own. Above 1x means the loans are bigger than shareholder funds. | 0.49x |
| P/BV Price to Book Value Tells you if the IPO price is above what the company actually owns. 1x to 3x is usually seen as reasonable. | 3.2x |
Issue-level · at the upper price band
| Particulars | Pre-IPO | Post-IPO |
|---|---|---|
| EPS Earnings Per Share Profit the company earns on each share. Post-IPO EPS is usually lower because the issue adds new shares. | ₹12.64 | ₹9.28 |
| P/E Price to Earnings Tells you if the IPO price is fair for what the company earns. Compare it with listed companies in the same sector. | 10.28x | 14.01x |
| Market Cap Market Capitalisation What the whole company is valued at, at the upper price band. Post-IPO counts the new shares the issue creates. | ₹108 Cr | ₹147 Cr |
The basis of allotment for G.V. Electricals IPO was finalised on 10 Aug 2026. You can check your allotment status using your PAN number or application number on the Mudra RTA Ventures Private Limited portal or BSE.
The G.V. Electricals IPO is expected to open in Jul 2026, subject to SEBI approval. Final dates will be updated once announced officially.
The price band for G.V. Electricals IPO is ₹123.00 - ₹130.00 per share.
As per market sources, G.V. Electricals IPO GMP is currently ₹25.00. GMP is tracked daily in the grey market. GMP indicates unofficial demand but does not guarantee listing gains.
The subscription status for G.V. Electricals IPO stands at 114.34x overall.
The listing date for G.V. Electricals IPO is 12 Aug 2026.
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