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Subscription Status · Jul 31 – Aug 07, 2026 · ₹123–130
The G.V. Electricals IPO subscription has recorded exceptional investor demand with an overall subscription of 114.34× as of Aug 07, 2026, indicating that investors applied for 114.34 times the number of shares on offer. All investor categories (institutional, HNI, and retail) have participated actively, making this one of the closely watched IPO openings.
Last updated: Aug 07, 2026, 10:23 AM IST
| Category | Shares Offered | Shares Bid For | Times Subscribed | Applications |
|---|---|---|---|---|
|
QIB
Qualified Institutional Buyers
|
592,000 | 34,602,000 |
58.45×
|
- |
|
NII
Non-Institutional Investors
|
450,000 | 104,254,000 |
231.68×
|
- |
|
bNII
Bids above ₹10L
|
300,000 | 82,977,000 |
276.59×
|
- |
|
sNII
Bids below ₹10L
|
150,000 | 21,277,000 |
141.85×
|
- |
|
Retail
Retail Individual Investors
|
1,040,000 | 99,200,000 |
95.38×
|
- |
|
Total
|
2,082,000 | 238,056,000 |
114.34×
|
- |
How subscription built up across investor categories over time
Snapshot of each day's bidding activity
| Category | Offered | Bid For | Times | Applications |
|---|---|---|---|---|
| QIB | 592,000 | 2,082,000 | 3.52× | - |
| NII | 450,000 | 981,000 | 2.18× | - |
| bNII | 300,000 | 779,000 | 2.60× | - |
| sNII | 150,000 | 202,000 | 1.35× | - |
| Individual Investors | 1,040,000 | 1,716,000 | 1.65× | - |
| Total | 3,122,000 | 6,495,000 | 2.08× | - |
| Category | Offered | Bid For | Times | Applications |
|---|---|---|---|---|
| QIB | 592,000 | 2,085,000 | 3.52× | - |
| NII | 450,000 | 13,495,000 | 29.99× | - |
| bNII | 300,000 | 9,363,000 | 31.21× | - |
| sNII | 150,000 | 4,132,000 | 27.55× | - |
| Individual Investors | 1,040,000 | 30,500,000 | 29.33× | - |
| Total | 3,122,000 | 76,580,000 | 24.53× | - |
| Category | Offered | Bid For | Times | Applications |
|---|---|---|---|---|
| QIB | 592,000 | 39,320,000 | 66.42× | - |
| NII | 450,000 | 109,457,000 | 243.24× | - |
| bNII | 300,000 | 85,458,000 | 284.86× | - |
| sNII | 150,000 | 23,999,000 | 159.99× | - |
| Individual Investors | 1,040,000 | 156,780,000 | 150.75× | - |
| Total | 3,122,000 | 462,337,000 | 148.09× | - |
| Category | Offered | Bid For | Times | Applications |
|---|---|---|---|---|
| QIB | 592,000 | 37,068,000 | 62.61× | - |
| NII | 450,000 | 105,647,000 | 234.77× | - |
| bNII | 300,000 | 85,386,000 | 284.62× | - |
| sNII | 150,000 | 20,261,000 | 135.07× | - |
| Individual Investors | 1,040,000 | 85,382,000 | 82.10× | - |
| Total | 3,122,000 | 313,479,000 | 100.41× | - |
| Category | Offered | Bid For | Times | Applications |
|---|---|---|---|---|
| QIB | 592,000 | 34,602,000 | 58.45× | - |
| NII | 450,000 | 103,870,000 | 230.82× | - |
| bNII | 300,000 | 82,926,000 | 276.42× | - |
| sNII | 150,000 | 20,944,000 | 139.63× | - |
| Retail | 1,040,000 | 95,542,000 | 91.87× | - |
| Total | 2,082,000 | 234,014,000 | 112.40× | - |
| Category | Offered | Bid For | Times | Applications |
|---|---|---|---|---|
| QIB | 592,000 | 34,602,000 | 58.45× | - |
| NII | 450,000 | 104,254,000 | 231.68× | - |
| bNII | 300,000 | 82,977,000 | 276.59× | - |
| sNII | 150,000 | 21,277,000 | 141.85× | - |
| Retail | 1,040,000 | 99,200,000 | 95.38× | - |
| Total | 2,082,000 | 238,056,000 | 114.34× | - |
As of August 07, 2026, the G.V. Electricals IPO has been subscribed 114.34 times overall. The IPO is fully subscribed with strong investor demand indicating extremely high interest.
The G.V. Electricals IPO subscription window was open from July 31, 2026 to August 07, 2026. Investors could apply through their demat account or ASBA facility.
The G.V. Electricals IPO has a price band of ₹123 to ₹130 per share, with a lot size of 1,000 shares. Minimum retail investment: ₹123,000 (lower band) or ₹130,000 (upper band).
The QIB category has been subscribed 58.45 times. QIBs were offered 592,000 shares. Strong QIB subscription indicates high institutional confidence.
Retail investors subscribed 95.38 times. Retail was offered 1,040,000 shares. High retail subscription reflects strong small-investor interest.
Overall NII: 231.68×. bNII (>₹10L): 276.59×, sNII (<₹10L): 141.85×. NII includes HNIs and corporate entities investing above ₹2 lakh.
Basis of allotment is on August 10, 2026. Check via the registrar's website, Mudra RTA Ventures Private Limited using your PAN number, application number, or DP/Client ID. You can also check on BSE/NSE websites or through your broker's app.
G.V. Electricals IPO is expected to list on August 12, 2026. Shares will list on BSE SME platform. Allotted shares are credited to your demat account 1 business day before listing.
A subscription multiple of 114.34× means investors have bid for 114.34 times the total shares available. Since the IPO is oversubscribed, not every applicant will receive shares, allotment happens via lottery (for retail) or proportionately (for other categories). Higher multiples generally reduce allotment probability.
Based on the current retail subscription of 95.38×, the estimated allotment probability for retail investors is Low. Lottery-based; ~1 lot if allotted. Retail allotment in oversubscribed IPOs is done by computerised lottery, each valid application has an equal probability regardless of the number of lots applied for.
You can apply for G.V. Electricals IPO through: (1) ASBA (Application Supported by Blocked Amount) via your bank's net banking or mobile app, (2) UPI-based application through your broker's app (Zerodha, Groww, Angel One, etc.), or (3) directly via your demat account. The amount is blocked in your account and deducted only upon allotment. Applications were accepted from Jul 31 to Aug 07, 2026.
The grey market premium (GMP) reflects unofficial pre-listing trading sentiment. For the latest G.V. Electricals IPO GMP data, check the IPORise GMP page. Note: GMP is unofficial, speculative, and not a guaranteed indicator of listing price. Use it only as a sentiment signal alongside official subscription data.
New to reading subscription numbers? Read our guide on IPO subscription explained.
Subscription Opens Done
Jul 31, 2026Subscription Closes Done
Aug 07, 2026Basis of Allotment Done
Aug 10, 2026Listing on BSE Done
Aug 12, 2026Lottery-based; ~1 lot if allotted. Based on retail subscription of 95.38×.
Retail allotment in oversubscribed IPOs is done by computerised lottery, each valid application has equal odds regardless of lot size applied.
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Higher subscription = lower allotment probability. Progress bars compare each category relative to the highest-subscribed category.
