Minimum Investment
About Company
Company Name: G.V.Electricals Limited
Industry / Sector: Power Distribution Infrastructure & Maintenance Services
Founded Year: 1985
Promoters: Furquan Akhtar, Jawed Akhtar, Sunil Lakshman Vatsa
Incorporated in 1985, G.V. Electricals Limited is a power distribution infrastructure service provider that offers operation, maintenance, and support services primarily to electricity distribution utilities in India. The company operates across three main business verticals: Network Operation and Maintenance (O&M) Services, Electrical Infrastructure and Network Development Works, and Metering and Meter Management Services.
IPO Basic Details
| Company Name | G.V.Electricals Limited |
| IPO Type | SME IPO |
| Price Band | ₹123 – ₹130 |
| Lot Size | 1,000 Shares (Application Min 2,000 Shares / 2 Lots for Retail) |
| Total Issue Size | 32,50,000 Equity Shares (₹42.25 Cr) |
IPO Strengths & Risks
Strengths
- Presence across key electrical infrastructure activities with strong O&M focus
- Robust order book providing long-term revenue visibility
- High proportion of recurring revenue from long-standing clients
- Experienced management team and skilled technical workforce
Risks
- Heavy reliance on government-owned electricity distribution utilities
- Working capital-intensive nature of electrical infrastructure projects
- Contractual execution and penalty risks associated with SLAs
- Geographical concentration of operations in specific regional circles
IPO Important Dates
| IPO Open Date | 31 Jul 2026 |
| IPO Close Date | 04 Aug 2026 |
| Basis of Allotment | 05 Aug 2026 |
| Refund Initiation | 06 Aug 2026 |
| Demat Credit Date | 06 Aug 2026 |
| Listing Date | 07 Aug 2026 |
| Anchor Investor Date | - |
| UPI Mandate Deadline | - |
IPO Objectives
- Capital expenditure for machinery and equipment – -
- Funding working capital requirements – -
- Debt repayment – -
- General corporate purposes – Balance Amount
Investor Reservation
| QIB Quota | Not more than 50% of the Net Offer (14,80,000 Shares) |
| Retail Quota | Not less than 35% of the Net Offer (10,40,000 Shares) |
| HNI Quota | - |
| Employee Quota | - |
| Shareholder Quota | - |
| Anchor Investor Allocation | - |
Market Lot Details
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 Lots | 2,000 | ₹2,60,000 |
| Retail Maximum | - | - | - |
| S-HNI Minimum | 3 Lots | 3,000 | ₹3,90,000 |
| S-HNI Maximum | - | - | - |
| B-HNI Minimum | 8 Lots | 8,000 | ₹10,40,000 |
Key Performance Indicators (KPI)
| ROE | 36.81% (Mar 2026) |
| ROCE | 31.13% (Mar 2026) |
| RoNW | 31.09% (Mar 2026) |
| PAT Margin | 6.69% (Mar 2026) |
| EBITDA Margin | 10.90% (Mar 2026) |
| EPS | - |
| NAV per share | - |
| Debt to Equity | 0.49 (Mar 2026) |
| P/E Ratio | - |
| Industry P/E | - |
Company Financial Data
| Period | Assets | Total Income | PAT | EBITDA | Net Worth | Borrowings |
|---|---|---|---|---|---|---|
| FY2026 (31 Mar 2026) | ₹78.40 Cr | ₹156.66 Cr | ₹10.47 Cr | ₹17.05 Cr | ₹33.67 Cr | ₹16.47 Cr |
| FY2025 (31 Mar 2025) | ₹51.43 Cr | ₹131.36 Cr | ₹4.66 Cr | ₹8.04 Cr | ₹23.20 Cr | ₹7.84 Cr |
| FY2024 (31 Mar 2024) | ₹42.06 Cr | ₹112.03 Cr | ₹2.80 Cr | ₹6.14 Cr | ₹17.05 Cr | ₹4.95 Cr |
Grey Market Premium
| GMP Price | ₹22 |
| Kostak Rate | Not Available |
| Subject to Sauda | Not Available |
| Last Updated | 30 Jul 2026 |
| Estimated Listing Price | ₹152 (16.92% Expected Gain) |
IPO Subscription Data
| Total Subscription | Pending |
| QIB (Ex Anchor) | Pending |
| HNI Subscription | Pending |
| Retail Subscription | Pending |
| Anchor | - |
IPO Intermediaries
Registrar: Mudra RTA Ventures Private Limited
Registrar Website: https://mudrarta.com/
IPO Lead Manager(s)
Company Information
Address: Unit no 324, 3rd floor, Plot no 416, Hammersmith Industrial Premises Co-op Society Ltd, Off. Sitladevi Temple Road, Mahim, Mumbai, Maharashtra - 400016
Website: https://gvelectricals.com/
Email: info@gvelectricals.com
Phone: 011-43083804
IPO Documents
Frequently Asked Questions (FAQ)
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