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G.V.Electricals IPO

smelisted
Registrar: Mudra RTA Ventures Private Limited · Listing 2026-08-12
IPO Timeline
Today · 20 Oct 2026
Opens
31 Jul 2026
Closes
07 Aug 2026
Allotment
10 Aug 2026
Refund
11 Aug 2026
Demat
11 Aug 2026
Listing
12 Aug 2026
Price Band
₹123–130
GMP
₹26
20%
Lot Size
1000 Shares
Min ₹130,000
Subscription
197.3x
Issue Size
₹42 Cr
Open
2026-07-31
Close
2026-08-07
Listing
2026-08-12

About the company

GMP trend (Grey Market Premium by date)

Today₹26 (20%)
High₹26
Low₹18
Est. Listing₹156
DateGMP (₹)Est. ListingChange
03 Aug₹26₹1560
02 Aug₹26₹1560
01 Aug₹26₹156+1
31 Jul₹25₹1550
30 Jul₹25₹155+3
29 Jul₹22₹1520
28 Jul₹22₹152+4
27 Jul₹18₹1480

Strengths

  • Established player in the electrical infrastructure and EPC segment with experience in executing power distribution and electrification projects.
  • Diverse project portfolio across government and private sector clients, reducing dependence on a single customer.
  • Strong revenue growth and improving profitability in recent financial periods, reflecting healthy business momentum.
  • Healthy order book provides revenue visibility and supports future business growth.
  • IPO proceeds will strengthen the balance sheet through debt repayment and support working capital requirements.
  • Experienced promoters and management team with expertise in executing electrical infrastructure projects.

Risks

  • Business is dependent on timely execution of EPC contracts, with delays potentially impacting revenue and margins.
  • Revenue is influenced by government infrastructure spending and project awards, making it vulnerable to policy changes.
  • Working capital-intensive operations require continuous funding, which could pressure cash flows.
  • Faces intense competition from established EPC and electrical contracting companies, which may affect margins.
  • Any increase in raw material costs or supply chain disruptions could adversely affect profitability.
  • Dependence on a limited number of large projects may lead to earnings volatility if projects are delayed or cancelled.

Financial performance (₹ Cr)

Subscription breakup (final, times)

Retail1.65x
QIB3.52x
NII6.54x
EMP0x
OTHER0x
Total2.68x

IPO Roadmap / Timeline

Current Status · as of 20 Oct 2026
Listed
Listed on 12 Aug 2026
Listed 69 days ago

  1. IPO Opens

    Completed
    31 Jul 2026

    Bidding starts for all investor categories

  2. IPO Closes

    Completed
    07 Aug 2026

    Last day to place your bid

  3. Basis of Allotment

    Completed
    10 Aug 2026

    Share allotment finalised

  4. Refund Initiation

    Completed
    11 Aug 2026

    Refunds credited for non-allottees

  5. Credit to Demat

    Completed
    11 Aug 2026

    Allotted shares credited to demat account

  6. Listing on Exchange

    Completed
    12 Aug 2026

    Shares list on NSE / BSE

Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.

Lot size & minimum investment

Lot Size
1000 shares
Price / Share (upper)
₹130
Min Investment (1 lot)
₹130,000
Price Band
₹123–130
Retail / Individual
1 lot only
Min lots
1
Min shares
1000
Min amount
₹130,000
Max amount
₹130,000
HNI
Min 2 lots
Min lots
2
Min shares
2000
Min amount
₹260,000
Max amount
₹260,000

Shares reserved per category & allotment probability

QIB
28.4% allotment
Reservation
50%
Amount
₹21 Cr
Shares offered
1,660,079
Shares bid
5,843,478
Subscribed
3.52x
NII
15.3% allotment
Reservation
15%
Amount
₹6.3 Cr
Shares offered
498,024
Shares bid
3,257,077
Subscribed
6.54x
Retail
60.6% allotment
Reservation
35%
Amount
₹14.7 Cr
Shares offered
1,162,055
Shares bid
1,917,391
Subscribed
1.65x

Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).

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