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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the G V Electricals Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹130
Per ShareLot Size
1000 Shares
Minimum Investment
₹1,30,000
Issue Size
₹42.25 Cr
Face Value
₹10
Per ShareIPO Type
Book Building - SME
Retail Quota
35.02%
QIB Quota
49.83%
NII Quota
15.15%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
95.65%
Promoter Holding (Post-Issue)
67.99%
Issue Type
Book Building - SME
ISIN
INE1ZGR01024
Incorporated in 1985, we are a power distribution infrastructure services provider engaged in providing operation and maintenance ("O&M") and allied support services primarily to electricity distribution utilities in India. Our services support such utilities in the operation, maintenance and field-level execution of works relating to their electricity distribution networks ("Network(s)") and associated infrastructure, including distribution lines, feeders, substations, poles and cables forming part of electricity distribution systems used for distribution of electricity to consumers.
Our Company was incorporated as "G.V. Electricals Private Limited" on February 28, 1985, under the provisions of the Companies Act, 1956, pursuant to a Certificate of Incorporation issued by Registrar of Companies, Maharashtra. Our Company was converted from private limited to public limited, pursuant to special resolution passed by the shareholders of the Company at the Extraordinary General Meeting held on September 01, 2025 and the name of our Company was changed from "G.V. Electricals Private Limited" to "G V Electricals Ltd" vide fresh certificate of incorporation dated November 04, 2025 issued by the Registrar of Companies, Central Processing Centre.
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial public offer of 32,50,000 equity shares of face value of Rs. 10/- each (the "Equity Shares") of G V Electricals Ltd ("the Company" or "GVEL" or "the Issuer") at an offer price of Rs. 130 per equity share for cash, aggregating to Rs. 42.25 Crores ("Public Offer") comprising of a fresh issue of 30,00,000 equity shares aggregating to Rs. 39 (the "Fresh Issue") and an offer for sale of 2,50,000 equity shares by the promoter selling shareholders, Jawed Akhtar and Sunil Lakshman Vatsa ("Offer For Sale") aggregating to Rs. 3.25 Crores (hereinafter refferd as "Promoter Selling Shareholders") out of which 2,80,000 equity shares of face value of Rs. 10 each, at an offer price of Rs. 130 per equity share for cash, aggregating to Rs. 3.64 Crores will be reserved for subscription by the market maker to the offer (the "Market Maker Reservation Portion"). The public offer less market maker reservation portion i.e. Offer of 29,70,000 equity shares of face value of Rs. 10 each, at an offer price of Rs. 130 per equity share for cash, aggregating Rs. 38.61 Crores is herein after referred to as the "Net Offer". The public offer and net offer will constitute 28.81% and 26.33% respectively of the post-offer paid-up equity share capital of the company. Price Band: Rs. 130/- per equity share of face value of Rs. 10/- each. The floor price is 13.00 times the face value of the equity shares. Bids can be made for a minimum of 2000 equity shares and in multiples of 1000 equity shares thereafter.
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a standalone basis, as reported for FY24 to FY26.