
Capital Goods · BSE
G.V. Electricals Limited, incorporated in 1985, is a power distribution infrastructure company providing operation, maintenance, and support services for electricity distribution utilities across India. The company offers a wide range of services, including operation and maintenance of substations, maintenance of power distribution networks, electrical infrastructure development, metering solutions, fault rectification, and technical manpower support. Backed by decades of industry experience and internationally recognized quality, environmental, and safety certifications, G.V. Electricals serves power utilities through multiple ongoing projects across the country. With a strong order book and experienced workforce, the company continues to support the development and efficient operation of India's power distribution infrastructure.
Price Band
₹123 – ₹130
Issue Size
₹325.00 L Cr
Lot Size
1000 shares
GMP
+16.1%
Est. Listing
₹151
at current GMP
Subscribed
169.39x
overall
Open
31 Jul 2026
Close
7 Aug 2026
Allotment
10 Aug 2026
Refund
11 Aug 2026
Demat Credit
12 Aug 2026
Listing
12 Aug 2026
Overall Subscription
169.39x
Total Demand
QIB Multiplier
91.55x
Institutions & Funds
NII / HNI
273.41x
High Net-Worth
Retail (RII)
168.69x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 592,000 | 54,198,000 | 91.55x |
| NIB | 450,000 | 123,036,000 | 273.41x |
| HNIs(10L +) | 300,000 | 94,891,000 | 316.30x |
| HNIs (2-10L) | 150,000 | 28,153,000 | 187.69x |
| RETAIL | 1,040,000 | 175,438,000 | 168.69x |
| Total | 2,532,000 | 475,716,000 | 169.39x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| QIB | — | 60 | 0.00x |
| NIB | — | 20,181 | 0.00x |
| RETAIL | 520 | 87,719 | 168.69x |
| EMPLOYEES | — | — | 0.00x |
| HNIs(10L +) | 100 | 11,327 | 113.27x |
| HNIs (2-10L) | 50 | 8,855 | 177.10x |
| Shareholder | — | — | 0.00x |
| Total Applications | 670 | 128,142 | 191.26x |
G V Electricals Limited is bringing an initial public offering (IPO) in the Capital Goods sector with an aggregate issue size of ₹32,50,000 Crores. The shares are offered at a price band of ₹123 to ₹130 per equity share on BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1000 shares (approx. ₹1,30,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Mudra RTA Ventures Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2026-08-12, while un-allotted funds or UPI block mandates will be released on 2026-08-11.
The G V Electricals Limited IPO aggregate issue size is ₹32,50,000 Crores with an equity price band set at ₹123 to ₹130 per equity share. The retail lot size is 1000 shares requiring a minimum capital outlay of approx. ₹1,30,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. You can track QIB, NII/HNI, and Retail category multiples directly on our dedicated live subscription page.
The basis of allotment will be published on the official registrar portal (Mudra RTA Ventures Private Limited) and the BSE status verification website on or around 2026-08-10.