
G V Electricals IPO Description – Founded in 1985, the company is an electrical infrastructure services provider focused on India’s power distribution sector. It primarily works with electricity distribution utilities and offers a wide range of operation & maintenance (O&M), network development, and metering services across distribution networks. The company operates through three major verticals — Network O&M Services, Electrical Infrastructure & Network Development Works, and Metering & Meter Management Services.
Its core business involves maintenance and operational support for 33 kV, 11 kV, HT, and LT power distribution networks, substations, cables, poles, and feeders. The company also undertakes installation, testing, commissioning, fault rectification, underground and overhead cable laying, pole erection, and meter-related services such as installation, testing, and meter reading. Network O&M Services remain the largest revenue contributor, accounting for nearly 79% of FY25 revenue, providing recurring cash flow visibility through annual maintenance contracts and rate contracts. As of 28 February 2026, the company had an unexecuted order book of approximately INR 594.67 crore across 34 ongoing projects. As of February 28, 2026, the company had a total workforce of 4,770 employees.

Promoters of G V Electricals – Jawed Akhtar, Sunil Lakshman Vatsa, Furquan Akhtar
G V Electricals IPO Details
| G V Electricals IPO Dates | Coming soon |
| G V Electricals Issue Price | Coming soon |
| Fresh Issue | 30,00,000 shares |
| Offer For Sale | 2,50,000 shares |
| Total IPO Size | 32,50,000 shares |
| Minimum Bid | Coming soon |
| Lot Size | Coming soon |
| Pre-issue Shares | 82,79,190 shares |
| Face Value | INR 10 per share |
| Listing On | BSE SME |
G V Electricals IPO Category Allocation
G V Electricals Financial Performance
| FY 2023 | FY 2024 | FY 2025 | H1 FY 2026 | |
| Revenue | 104.22 | 111.80 | 131.24 | 73.46 |
| Expenses | 101.11 | 106.57 | 124.61 | 67.04 |
| Net Income | 1.91 | 2.80 | 4.66 | 3.89 |
| Margin (%) | 1.83 | 2.50 | 3.55 | 5.30 |
G V Electricals Offer News
G V Electricals Valuations & Margins
| FY 2023 | FY 2024 | FY 2025 | |
| EPS | 2.36 | 3.47 | 5.77 |
| PE Ratio | – | – | – |
| Price/Book Ratio | – | – | – |
| Price/Sales Ratio | – | – | – |
| Current Ratio | 1.49 | 1.58 | 1.67 |
| RONW (%) | 13.40 | 16.44 | 20.09 |
| NAV | 17.63 | 21.10 | 28.70 |
| ROCE (%) | 20.94 | 27.14 | 23.88 |
| EBITDA (%) | 3.88 | 5.49 | 6.13 |
| Debt/Equity | 0.32 | 0.29 | 0.34 |
Evaluate the quality of an IPO using these essential investing ratios to make an informed decision.
G V Electricals IPO Anchor Investors
G V Electricals raises () from anchor investors. G V Electricals Anchor bid date is ().
| Bid Date | Coming soon |
| Shares Offered | Coming soon |
| Anchor Portion (INR Cr.) | Coming soon |
| Anchor lock-in period end date for 50% shares (30 Days) | Coming soon |
| Anchor lock-in period end date for remaining shares (90 Days) | Coming soon |
G V Electricals Offer Objectives
The company proposes to utilize net proceeds from the issue towards the following objects:
- Repayment of a portion of certain borrowings availed by the company – INR 5 crore
- Funding of working capital requirements – INR 22 crore
- General corporate purpose
G V Electricals IPO GMP Today
G V Electricals IPO Subscription – Live Updates
Coming soon
The market maker reservation portion of () shares and the anchor investor portion of () shares are not included in the above calculations.
G V Electricals IPO Allotment Status
You can check G V Electricals IPO allotment status on Mudra RTA Ventures’s website. Click on this link to get the allotment status. Often not getting IPO allotment? Learn how to improve your IPO allotment chances.
G V Electricals IPO Dates & Listing Performance
| IPO Opening Date | Coming soon |
| IPO Closing Date | Coming soon |
| Finalization of Basis of Allotment | Coming soon |
| Initiation of refunds | Coming soon |
| Transfer of shares to demat accounts | Coming soon |
| IPO Listing Date | Coming soon |
| Opening Price on BSE SME | Coming soon |
| Closing Price on BSE SME | Coming soon |
G V Electricals Offer Lead Manager
SEREN CAPITAL PRIVATE LIMITED
Office no. 601 to 605, Raylon Arcade,
Kondivita, J.B. Nagar, Mumbai – 400059
Phone: +91- 22-46011058
Email: [email protected]
Website: www.serencapital.in
G V Electricals Offer Registrar
MUDRA RTA VENTURES PRIVATE LIMITED
B-117, 3rd Floor, DDA Shed,
Okhla Industrial Area Phase-1, New Delhi – 110020
Tel: 91-9958808069
E-mail: [email protected]
Website: www.mudrarta.com
G V ELECTRICALS LIMITED
Shop No 50, 1st Floor, CSC-3, Market,
Sector-11, Rohini sec-11, North West Delhi,
Delhi, 110085, India
Phone: 011-43083804
E-mail: [email protected]
Website: www.gvelectricals.com
IPO Resources
What is the G V Electricals offer size?
G V Electricals offer size is INR NA crores.
What is the G V Electricals offer price band?
G V Electricals public offer price is INR NA per share.
What is the lot size of the G V Electricals IPO?
G V Electricals offer lot size is NA shares.
What is the G V Electricals IPO GMP today?
G V Electricals IPO GMP today is INR NA per share.
What is the G V Electricals IPO Subject to Sauda rate today?
G V Electricals Subject to Sauda rate today is INR NA per application.
Krishna comes from a family of investors and financial analysts, She learnt wading through regulatory filings pretty early in her career. She has several years of experience in financial and industry analysis under her belt. At IPO Central, Krishna plays twin roles of Contributor and Head of research desk.



