G.V. Electricals Limited IPO Details

Factual IPO information from public filings. Not investment advice.

Issue Details

Price Band: ₹123 – ₹130
Lot Size: 1,000 shares
Min. Investment: ₹1,30,000
Total Issue Size: ₹42.25 Cr; 32,50,000 shares
Fresh Issue: ₹39 Cr; 30,00,000 shares
Offer for Sale: ₹3.25 Cr; 2,50,000 shares
Face Value: ₹10 per share
Issue Type: Book-built IPO
Listing At: BSE SME
Shares Pre-Issue: 82,79,190
Shares Post-Issue: 1,12,79,190

Lot Size & Investment

1 lot = 1,000 shares

Retail (min)

2 lots · 2,000 shares

Retail (max)

2 lots · 2,000 shares

S-HNI (min)

3 lots · 3,000 shares

Application	Lots	Shares	Amount
Retail	2	2,000	₹2,60,000
Small HNI (S-HNI)	3	3,000	₹3,90,000
Big HNI (B-HNI)	8	8,000	₹10,40,000

Financial Performance

Restated figures in ₹ crore, unless stated otherwise

Financial performance by period
Period	Mar-26	Mar-25	Mar-24
Assets	78.4	51.43	42.06
Total Income	156.66	131.36	112.03
Profit After Tax	10.47	4.66	2.8
EBITDA	17.05	8.04	6.14
Net Worth	33.67	23.2	17.05
Reserves & Surplus	25.39	23.16	17.01
Total Borrowing	16.47	7.84	4.95

Key Performance Indicators

Key performance indicators
Period	Mar-26
ROE (%)	36.81
ROCE (%)	31.13
EPS (₹)	12.64
P/E (pre-issue)	10.28
P/E (post-issue)	14.01

About G.V. Electricals Limited

Incorporated in1985, G.V. Electricals Limited is an power distribution infrastructure service provider that provides operation, maintenance, and support services mainly to India's electricity distribution utilities. The company operates in three business verticals:- Network Operation and Maintenance (“O&M”) Services, Electrical Infrastructure and Network Development Works, and Metering and Meter Management Services. The company supports maintenance and operations of electrical distribution systems at various voltage levels, including 33 kV, 11 kV, and LT networks. It provides O&M for 33/11 kV substations and deploys technical staff for field tasks like line maintenance, network inspection, and fault rectification. The company has ISO 9001:2015, 14001:2015, 45001:2018, and SA 8000:2014 certifications for its management systems covering quality, environmental, occupational health and safety, and social accountability. As of June 30, 2026, the company’s order book includes 34 ongoing projects valued at about ₹ 553.70 crores. As of May 31 , 2026, the Company had 4,473 employees, including 4,332 permanent staff and 141 contract workers across offices and projects. Competitive Strength Presence Across Electrical Infrastructure Activities with Major Revenue from O&M Services Order Book Providing Revenue Visibility Majority of Revenue from Repetitive Customers Experienced Management Team and Manpower Strength