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Company Contact Information
G V Electricals Ltd
Registered Office: #.324 3rd Flr #.416 Hamm.Indu-, Pre.Co-op Soc.Ltd Narayan Pat., Mumbai - 400016, Maharashtra
Phone: 011 4308 3804
Email: company.secretary@gvelectricals.com
Website: www.gvelectricals.com
Initial public offer of upto 32,50,000 equity shares of face value of Rs. 10/- each (the "Equity Shares") of G V Electricals Ltd ("the Company" or "GVEL" or "the Issuer") at an offer price of Rs. 123-130 per equity share for cash, aggregating up to Rs. 39.98-42.25 Crores ("Public Offer") comprising of a fresh issue of upto 30,00,000 equity shares aggregating to Rs. 36.9-39 (the "Fresh Issue") and an offer for sale of upto 2,50,000 equity shares by the promoter selling shareholders, Jawed Akhtar and Sunil Lakshman Vatsa ("Offer For Sale") aggregating to Rs. 3.08-3.25 Crores (hereinafter refferd to as "Promoter Selling Shareholders") out of which 2,80,000 equity shares of face value of Rs. 10 each, at an offer price of Rs. 123-130 per equity share for cash, aggregating Rs. 3.44-3.64 Crores will be reserved for subscription by the market maker to the offer (the "Market Maker Reservation Portion"). The public offer less market maker reservation portion i.e. Offer of 29,70,000 equity shares of face value of Rs. 10 each, at an offer price of Rs. 123-130 per equity share for cash, aggregating Rs. 36.53-38.61 Crores is herein after referred to as the "Net Offer". The public offer and net offer will constitute 28.81% and 26.33% respectively of the post- offer paid-up equity share capital of the company. Price Band: Rs. 123/- to Rs. 130/- per equity share of face value of Rs. 10/- each. The floor price is 12.30 times the face value of the equity shares and the cap price is 13.00 times the face value of the equity shares. Bids can be made for a minimum of 2000 equity shares and in multiples of 1000 equity shares thereafter.
IPO Details
Issue Money Payable On
Opens On Closes On Application Allotment
31-Jul-2026 04-Aug-2026 ₹ 123.00 ₹ 0.00
Minimum Application for shares in Nos
Minimum Application for shares in Nos : 2000.0 Further Multiples of : 1000.0
(₹)Cr. Lead Managers to the Issue
Project Cost 0.00 Seren Capital Private Limited
Project Financed through Current Offer 39.98
Post Issue Equity Share Capital 11.28
Issue Price ₹123.00
Projects
Projects
Repayment of a portion of certain borrowings availed by its Company
Funding of Working Capital Requirements
General corporate purposes
Promoted By
Promoted By
Jawed Akhtar
Sunil Lakshman Vatsa
Furquan Akhtar
Listing At
Listing At
BSE - SME
Registrar to the Issue
Registrar to the Issue
Mudra RTA Ventures Pvt Ltd

INDIAN INDICES

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