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G V Electricals IPO

  • Status: Preopen
  • RHP:
  • BSE SME
  • ₹ 246 / 2,000 shares

    Minimum Investment

G V Electricals IPO Details

  • Open Date

    31 Jul 2026

  • Close Date

    04 Aug 2026

  • IPO Price Range

    ₹ 123 to ₹130

  • IPO Size

    ₹ 42.25 Cr

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Last Updated: 30 July 2026 5:17 AM by 5paisa

G.V. Electricals Limited is an electrical distribution infrastructure service provider offering operation, maintenance, and support services to electricity distribution utilities across India. The company operates through three key verticals: network operation and maintenance, electrical infrastructure and network development, and metering services. It maintains distribution networks across 33 kV, 11 kV, and LT levels, providing substation operations, line maintenance, fault rectification, and technical workforce deployment, backed by internationally recognised ISO and SA certifications. 

Established in: 1985 

Managing Director: Mr. Sunil Lakshman Vatsa 

Peers:  

Rajesh Power Services Limited 

Parth Electricals & Engineering Limited

G V Electricals Objectives

1. Repayment of a portion of certain borrowings availed by the Company     

2. Funding of Working Capital Requirements     

3. General Corporate Purpose

G.V. Electricals IPO Size 

Types Size
Total IPO Size ₹42.25 Cr 
Offer For Sale ₹3.25Cr 
Fresh Issue ₹39.00Cr 

G.V. Electricals IPO Lot Size 

Application Lots Shares Amount (₹)
Retail (Min)  2 2,000  2,46,000 
Retail (Max)  2 2,000  2,60,000 
S - HNI (Min)  3 3,000  3,69,000 
S - HNI (Max)  7 7,000  9,10,000 
B - HNI (Max)  8 8,000  9,84,000 

Profit and Loss

Balance Sheet

Particulars (In ₹ Crores) FY24 FY25 FY26
Revenue 111.80  131.24  156.41 
EBITDA 6.14  8.04  17.05 
PAT 2.80  4.66  10.47 
Particulars (In ₹ Crores) FY24 FY25 FY26
Total Assets 42.06  51.43  78.40 
Share Capital 0.04  0.04  8.28 
Total Liabilities 42.06  51.43  78.40 
Cash Flows (₹ Crores) FY24 FY25 FY26
Net Cash Generated From / (used in) Operating Activities 0.39  1.08  -3.31 
Net Cash Generated From / (used in) Investing Activities -1.20  -2.06  -5.43 
Net Cash Generated From / (used in) Financing Activities -0.06  3.72  7.32 
Net Increase (Decrease) in Cash and Cash Equivalents -0.87  2.74  -1.42 

Strengths

1. Diverse service portfolio across power distribution infrastructure.  

2. Long-term utility sector operational experience and expertise.  

3. Certified quality, safety, and environmental management systems.  

4. Skilled workforce supporting critical electrical network operations. 

Weaknesses

1. Heavy dependence on utility sector project contracts.  

2. Revenue vulnerable to tender award timing delays.  

3. Labour-intensive operations increase workforce management challenges.  

4. Limited geographical diversification across service regions.

Opportunities

1. Rising investment in India's power distribution modernisation.  

2. Smart metering rollout boosts long-term service demand.  

3. Government-backed infrastructure spending supports sector expansion.  

4. Renewable integration creates additional network upgrade opportunities.

Threats

1. Intense competition pressures project margins and profitability.  

2. Policy changes may affect infrastructure spending priorities.  

3. Delayed client payments impact working capital requirements.  

4. Skilled labour shortages could disrupt service execution.

1. Diversified services across power distribution infrastructure segments.  

2. Strong presence in utility operations and maintenance.  

3. Benefits from expanding smart metering and grid investments.  

4. Certified systems enhance operational quality and customer confidence. 

India's power distribution sector is witnessing sustained investment, driven by grid modernisation, smart metering initiatives, and expanding electricity demand. Government schemes focused on strengthening distribution infrastructure are creating opportunities for specialised service providers. G.V. Electricals is well positioned to benefit through its diversified operations in network maintenance, infrastructure development, and metering services. Its technical expertise, certified management systems, and long-standing utility relationships support future growth in the evolving power sector.

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FAQs

G.V. Electricals IPO opens from July 31, 2026 to August 4, 2026.

The size of G.V. Electricals IPO is ₹42.25 Cr.

The price band of G.V. Electricals IPO is fixed at ₹123 to ₹130 per share. 

To apply for G.V. Electricals IPO, follow the steps given below: 

● Login to your 5paisa demat account and select the issue in the current IPO section

● Enter the number of lots and the price at which you wish to apply for the G.V. Electricals. IPO.

● Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.

You will receive a mandate notification to block funds in your UPI app.

The minimum lot size of G.V. Electricals IPO is of 2,000 shares and the investment required is ₹2,46,000. 

The share allotment date of G.V. Electricals IPO is August 5,2026 

The G.V. Electricals IPO will likely be listed on August 7, 2026. 

Seren Capital Pvt.Ltd is the book running lead managers for G.V. Electricals IPO. 

G.V. Electricals IPO plans to utilise the raised capital from the IPO for: 

1. Repayment of a portion of certain borrowings availed by the Company     

2. Funding of Working Capital Requirements     

3. General Corporate Purpose