G.V. Electricals IPO
Market Sentiment
IPO Details
Market Lot Size
IPO Reservation
Day-wise Subscription (times subscribed)
Financial Analysis
| Metric | 2024 | 2025 | 2026 |
|---|---|---|---|
| Revenue | 112.03 | 131.36 | 156.66 |
| Expense | 106.57 | 124.61 | 142.36 |
| Profit (PAT) | 2.80 | 4.66 | 10.47 |
| Total Assets | 42.06 | 51.43 | 78.40 |
| Company | EPS | P/E | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| Rajesh Power Services Limited | 79.52 | 10.69 | 35.26 | 225.56 | 1,633.41 Cr |
| Parth Electricals & Engineering Limited | 11.35 | 39.20 | 12.78 | 81.54 | 200.95 Cr |
Promoters: Jawed Akhtar, Sunil Lakshman Vatsa, Furquan Akhtar
| Shareholding | No. of Shares | Holding % |
|---|---|---|
| Promoter Holding Pre Issue | 82,79,190 | 95.65% |
| Promoter Holding Post Issue | 1,12,79,190 | 67.99% |
Strengths & Risks
- Heavily oversubscribed — 169.3x overall (so far).
- Strong institutional (QIB) demand — 91.6x.
- Revenue grew 19% in the latest reported year.
- Strong return on equity — 37%.
- Mostly fresh capital — proceeds fund the company's growth, not an exit.
Our metrics didn't flag a major concern for G.V. Electricals from the disclosed data — but this isn't a clean bill of health. Read the risk-factors section of the RHP, which lists company-specific risks our data can't capture.
Compiled from this issue's live GMP, subscription, valuation and financial data, and updated as those figures change. Informational only — not investment advice. Always read the RHP before applying.
Company Information
G V Electricals Ltd. (formerly G V Electricals Pvt. Ltd.) is one of India’s leading electrical contracting and power infrastructure companies. Further, with nearly 40 years of experience, they have completed large and complex electrical projects across India and selected international markets. They also specialise in Low Tension (LT) and High Tension (HT) electrical installations up to 400 kV. Their services include engineering, design, procurement, installation, testing, commissioning, and electrical consultancy, providing complete turnkey solutions. They work with a wide range of clients, including industrial plants, power utilities, government departments, commercial buildings, data centers, shopping malls, and major infrastructure projects. Moreover, the company also has a vision to be a trusted leader in the electrical industry by delivering innovative and sustainable solutions that help clients, communities, and stakeholders grow and succeed.
| Purpose | Amount (Cr) |
|---|---|
| Repayment of a portion of certain borrowings availed by the Company; | 6.00 |
| Funding of Working Capital Requirements | 22.00 |
| General Corporate Purpose | - |
Resources & Documents
G.V. Electricals Ltd., Unit no 324, 3rd floor, Plot no 416,, Hammersmith Industrial Premises Co-op Society Ltd,, Off. Sitladevi Temple Road, Mahim,, Mumbai, Maharashtra, 400016
G.V. Electricals has set a price band of Rs 123–Rs 130 per share for an issue size of Rs 42 crore. The stock listed with a 21.54% gain versus its issue price on August 12, 2026.
G V Electricals Ltd. (formerly G V Electricals Pvt. Ltd.) is one of India’s leading electrical contracting and power infrastructure companies. Further, with nearly 40 years of experience, they have completed large and complex electrical projects across India and selected international markets. They also specialise in L…
The issue is promoted by Jawed Akhtar, Sunil Lakshman Vatsa, Furquan Akhtar with Seren Capital Pvt. Ltd. acting as lead manager. Net proceeds will primarily be used towards Repayment of a portion of certain borrowings availed by the Company; (Rs 6 crore) and Funding of Working Capital Requirements (Rs 22 crore).
Grey market is quoting a premium of +Rs 25 (+19.2% over issue price), up Rs 7 from the previous session. Final subscription data records overall subscription at 169.26x, retail at 168.43x, QIB at 91.55x, NII at 273.39x.
On fundamentals, the company is posting revenue growth of 19.3%, a profit margin of 6.7%, return on equity of 36.8% in its most recent reported period. Listed peers in this segment include Rajesh Power Services Limited (P/E 10.69x) and Parth Electricals & Engineering Limited (P/E 39.20x) — useful reference points when evaluating the issue's pricing relative to where the broader sector are trading.
Our data-driven engine currently flags this issue as a Subscribe call — the composite picture tilts favourable, though not without some caveats. Past performance does not predict future returns — review the price chart and peer comparison below before trading.
G.V. Electricals IPO GMP — What It Means
The latest grey market premium for G.V. Electricals IPO is ₹25 (+19.2%). GMP is an unofficial, dealer-quoted figure that hints at expected listing-day demand — it is not a guaranteed listing price. For G.V. Electricals it should be read alongside the subscription numbers and the company's fundamentals, since grey-market premiums can swing sharply during the bidding window.
See the full G.V. Electricals GMP history and trend, or learn how grey market premium works and how reliable it is.
Related IPO
No comments yet. Be the first to share your opinion!