About GV Electricals Ltd IPO
Incorporated in 1985, G.V. Electricals Limited is an electrical infrastructure services company providing operation, maintenance, and support services for power distribution utilities across India. The company plays a key role in maintaining and strengthening electricity distribution networks through long-term utility projects.
Its operations are divided into three business segments: Network Operation and Maintenance (O&M) Services, Electrical Infrastructure and Network Development Works, and Metering and Meter Management Services. The company undertakes maintenance of 33 kV, 11 kV, and low-tension (LT) distribution networks, operates and maintains substations, and deploys skilled technical teams for line maintenance, fault rectification, and network inspections.
G.V. Electricals follows internationally recognized management standards and holds ISO 9001:2015, ISO 14001:2015, ISO 45001:2018, and SA 8000:2014 certifications for quality, environmental management, occupational health and safety, and social accountability. As of June 30, 2026, the company had an order book of approximately ?553.70 crore across 34 ongoing projects. It employed 4,473 people as of May 31, 2026.
Incorporated in 1985, G.V. Electricals Limited is an electrical infrastructure services company providing operation, maintenance, and support services for power distribution utilities across India. The company plays a key role in maintaining and strengthening electricity distribution networks through long-term utility projects. Its operations are divided into three business seg
GV Electricals IPO Subscription Breakdown
| Investory Category | Subscription Percentage | Amount Raised (₹ Crores) |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | 49.83% | 11,76,984.6 crores |
| Non-Institutional Investors (NIIs) | 15.15% | 3,57,843 crores |
| Retail Individual Investors (RIIs) | 35.02% | 8,27,172.4 crores |
GV Electricals IPO Strengths & Weaknesses
Strong presence in power distribution infrastructure with a primary focus on O&M services.
Healthy order book providing long-term revenue visibility.
Long-standing relationships with repeat customers across the power utility sector.
Experienced management team supported by a large and skilled workforce.
A significant portion of revenue is generated from power distribution utility companies.
The business relies heavily on Network Operation and Maintenance services for its earnings.
Growth depends on successfully securing contracts through competitive bidding processes.
Revenue is concentrated among a limited number of customers.
GV Electricals IPO Important Dates & Issue Details
| Allotment Date | Listing Date | Refund Date |
|---|---|---|
| 10 Aug '26 | 12 Aug '26 | 11 Aug '26 |
| Issue Composition: | |
|---|---|
| Face Value | ₹10 per share |
| Total Issue Size | 23,62,000 shares (aggregating up to ₹2,60,000 crores) |
| Fresh Issue | 2,72,000 shares (aggregating up to ₹27,20,000 crores) |
| Offer for Sale | 25,000 shares of ₹10 (aggregating up to ₹2,50,000 crores) |
| Issue Type | Book Building IPO |
| Post-Issue Shareholding Pattern: | |
|---|---|
| Pre-Issue Shareholding | 100 shares |
| Post-Issue Shareholding | 0 shares |
GV Electricals IPO Lot Size and Investment Details
| Minimum Lot Size | -- |
| Maximum Lot Size (Retail) | -- |
The lot size of GV Electricals ipo has been designed to ensure broad participation while maintaining optimal price discovery.
How to Apply for GV Electricals IPO
- Log in to your Choice account
- Select IPO
- Enter the number of lots and your price
- Verify UPI ID
- Complete the transaction on your UPI app
GV Electricals IPO Contact & Registrar Details
Contact Details
Address
Unit No 324 3rd Floor Plot No 416 Hammersmith Industrial Premises Co-op Society Ltd Mumbai
Phone Number
Website
Registrar Details
Registrar Name
Mudra RTA Ventures Private Limited
Phone Number
Website
GV Electricals Lead Manager(s)
| Book Running Lead Manager(s) |
|---|
| Seren Capital Pvt Ltd |
