BY THE NUMBERS.
WHERE IT LANDED.
HOW FULL THE BUS GOT.
TICKET CLASSES.
HOW THE ISSUE IS BUILT.
The two legs send the money to different places: a fresh issue raises new capital for the company, while an offer for sale is existing shares being sold by existing shareholders, whose proceeds go to those sellers and not to the company.
ON THE DASHBOARD.
THE RUNNING RECORD.
WHO ELSE RUNS THIS LINE.
Note: Source - All the financial information for listed industry peer mentioned above is sourced from the Financial Results/ Red Herring Prospectus/ Prospectus/ of the aforesaid companies for the year ended March 31,2026 and stock exchange data dated July 20, 2026 to compute the corresponding financial ratios. For the Company, they have taken the current market price as the issue price of equity shares. Further, P/E Ratio is based on the current market price of the respective scrips. The EPS, NAV, RoNW and total Revenue of our Company are taken as per the Restated Financial Statement for the F.Y. 2025-26. NAV per share is computed as the closing net worth divided by the weighted average number of paid-up equity shares as on March 31, 2026. RoNW has been computed as net profit after tax divided by closing net worth.
WHAT THE MONEY IS FOR.
WHO GETS WHICH SEATS.
G.V. Electricals Limited is engaged in providing operation, maintenance, and allied support services to electricity distribution utilities across India. The company plays a key role in ensuring the efficient functioning of power distribution infrastructure and networks. Its services cover the operation, upkeep, and execution of electrical distribution assets, including substations, feeders, transmission lines, poles, cables, and other infrastructure required for delivering electricity to end consumers. The company operates through the following business segments: Network Operation and Maintenance (O&M) Services Electrical Infrastructure Development and Network Expansion Projects Meter Installation, Operation, and Management Services G.V. Electricals supports the maintenance and operation of power distribution systems across multiple voltage categories, including 33 kV, 11 kV, and low-tension (LT) networks. Its services include managing 33/11 kV substations, conducting preventive maintenance, fault rectification, network inspections, and deploying skilled technical personnel for field operations. The company has implemented internationally recognized management systems and holds certifications such as ISO 9001:2015, ISO 14001:2015, ISO 45001:2018, and SA 8000:2014, reflecting its commitment to quality management, environmental sustainability, workplace safety, and social responsibility. As of February 28, 2026, G.V. Electricals had an order book comprising 34 active projects with a total value of approximately ₹594.67 crore, providing strong visibility for future revenue generation. As of February 28, 2026, the company employed 4,770 personnel, including 4,629 permanent employees and 141 contractual staff deployed across its offices and project locations. Key Strengths Diversified presence across electrical infrastructure services with a strong focus on O&M operations. Robust order book supporting long-term business growth and revenue visibility. Strong customer retention, with a significant portion of revenue generated from repeat clients. Experienced leadership team supported by a large and skilled workforce.
ON THE ROSTER.
COMMON QUESTIONS.
What is the G.V. Electricals IPO price band?+
The indicative price band is ₹130 per share. The binding terms are the ones in the Red Herring Prospectus (RHP).
What is the lot size of the G.V. Electricals IPO?+
One lot is 1000 shares. At the upper band of ₹130, one lot works out to ₹1,30,000.
When does the G.V. Electricals IPO open and close?+
The issue opened on 31 Jul 2026 and closed on 07 Aug 2026. Dates can move — the registrar and the exchange notices are the record.
When is the G.V. Electricals IPO allotment?+
Allotment is scheduled for 10 Aug 2026. The basis of allotment is published by the registrar to the issue. BuyUnlistedShares does not accept, process or track IPO applications.
When did G.V. Electricals list?+
Listing took place on 12 Aug 2026 on BSE SME.
Where will G.V. Electricals be listed?+
G.V. Electricals is listed on BSE SME. It is an SME issue, so it trades on the SME platform.
How large is the G.V. Electricals IPO?+
The issue size is ₹42.25 Cr — a fresh issue of ₹35.36 cr and an offer for sale of ₹3.25 cr. Figures are indicative and subject to the RHP.
What is the difference between the fresh issue and the offer for sale in the G.V. Electricals IPO?+
Money raised through the fresh issue goes to the company, which spends it on the purposes set out in the offer document. Money raised through the offer for sale goes to the shareholders who are selling, not to the company. That is a fact about how the issue is structured, not a view on it.
How was the G.V. Electricals IPO subscribed?+
The issue was subscribed 169.26× overall. By category: qib 91.55×, nii 272.79×, small hni 187.69×, big hni 315.34×, retail 168.69×. Subscription figures are as reported by the exchanges.
At what price did G.V. Electricals list?+
G.V. Electricals listed at ₹158, +21.54% against the issue price.
Who is the registrar for the G.V. Electricals IPO?+
The registrar to the issue is Mudra RTA Ventures Private Limited (9870297591/9870297592), ipo@mudrarta.com.
What is the P/E ratio of the G.V. Electricals IPO?+
The P/E ratio on file for this issue is 10.28, and the post-issue P/E is 14.01, stated as of 31 Mar 2026. A reported ratio is not a view on value.