G.V.Electricals
OPENIPO Date: 31 Jul - 4 Aug 2026
Listing Date: 7 Aug 2026
Price Range
₹123 – ₹130
Issue Size
42 Cr
Min Investment
₹1,23,000
Lot Size
1000 Shares
Schedule of G.V.Electricals
Issue open date
31 Jul 2026
Issue close date
4 Aug 2026
UPI mandate deadline
4 Aug 2026 (5 PM)
Allotment finalization
5 Aug 2026
Share credit
6 Aug 2026
Listing date
7 Aug 2026
Mandate end date
19 Aug 2026
Issue size
| Funds Raised in the IPO | Amount |
|---|---|
| Overall | 42 Cr |
| Fresh Issue | 0.3 Cr |
| Offer for Sale | 0.03 Cr |
Allotment DetailsNew
| Allotment Timeline | Details |
|---|---|
| Allotment Date | 5 Aug 2026 |
| Allotment Link | {Link} |
Grey Market PremiumNew
Grey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.
| Date | Ipo Price | GMP | Estimated Listing Price |
|---|---|---|---|
| 31 Jul 2026 | ₹130 | ₹25 | ₹155 (19.23%) |
| 30 Jul 2026 | ₹130 | ₹25 | ₹155 (19.23%) |
| 29 Jul 2026 | ₹130 | ₹22 | ₹152 (16.92%) |
| 28 Jul 2026 | ₹130 | ₹22 | ₹152 (16.92%) |
| 27 Jul 2026 | ₹130 | ₹18 | ₹148 (13.85%) |
Performance G.V.Electricals
| Issue Price | Listing Gain | Current Market Price | P/L |
|---|---|---|---|
| ₹123 – ₹130 | .... | .... | .... |
About G.V.Electricals
G V Electricals Limited is a power distribution infrastructure services provider engaged in the operation and maintenance (O&M) of electricity distribution networks and allied support services across India. The company's business is divided into three key segments: Network O&M Services, Electrical Infrastructure and Network Development Works, and Metering & Meter Management Services. Its primary revenue is generated from O&M contracts for electrical distribution systems, including the maintenance of 33/11 kV substations and associated infrastructure. The company also executes electrical and civil infrastructure projects, along with meter installation, replacement, and testing services, primarily for electricity distribution utilities through competitive tender-based contracts.
| Founded in | 2007 |
| Managing director | G. Venkatesh |
| Parent organization |
Financial Overview
Strengths
- Strong expertise in operation and maintenance of electricity distribution infrastructure.
- Diversified service portfolio comprising O&M, electrical infrastructure development, and metering services.
- Long-standing relationships with state electricity distribution utilities through recurring service contracts.
- Experienced execution capabilities in power distribution projects across multiple voltage levels.
Risks
- Significant dependence on government-owned electricity distribution companies for contracts and revenue.
- Business is highly dependent on winning competitive tenders, which may pressure margins.
- Delays in project execution, approvals, or payments from utilities could impact cash flows.
- Operations are exposed to changes in government policies and capital expenditure in the power distribution sector.
Subscription Figures
| Category | Subscription (No. of times) |
|---|---|
| Qualified Institutional Buyers (QIBs) | 3.52 |
| Non-Institutional Investors (NIIs) | 2.18 |
| Retail Individual Investors (RIIs) | 1.65 |
| Employee | N/A |
| Total | 2.3 |