G V Electricals IPO
G V Electricals IPO closed on 7 Aug 2026. Allotment 10 Aug 2026, listing 12 Aug 2026. Price band ₹123–₹130, lot 1000 shares, GMP +₹0 (0%). Track allotment on Allotly.
| Status | Closed |
|---|---|
| Category | SME · BSE |
| Price band | ₹123–₹130 |
| Lot size | 1000 shares |
| Minimum investment | ₹2,60,000 |
| Issue size | ₹42.25 Cr |
| GMP | +₹0 (0%) |
| Open date | 31 Jul 2026 |
| Close date | 7 Aug 2026 |
| Allotment date | 10 Aug 2026 |
| Listing date | 12 Aug 2026 |
About G V Electricals
G V Electricals is a power distribution infrastructure services provider, primarily engaged in offering operation and maintenance (O&M) and allied support services to electricity distribution utilities in India. The company’s operations are organised into three main verticals: Network Operation and Maintenance (O&M) Services, Electrical Infrastructure and Network Development Works, and Metering and Meter Management Services. Its core business involves the operational support and maintenance of electrical distribution networks across various voltage levels, including 33/11 kV substations. This O&M services segment constitutes the largest portion of its revenue. The company also undertakes electrical and civil infrastructure works, such as pole erection, cable laying, and construction of supporting structures. Additionally, it provides metering-related field services, including the…
Strengths
- A significant portion of revenue is generated from operation and maintenance (O&M) services.
- The existing order book provides visibility for future revenues.
- A majority of the company’s revenue comes from repeat customers.
- The company is led by an experienced management team and has a large workforce.
- It holds multiple ISO certifications for quality, environmental, and safety management
Risks
- A major portion of revenue is derived from a limited number of power distribution utilities.
- The business is substantially dependent on revenue from network operation and maintenance (O&M) services.
- The business relies on securing contracts through competitive tendering processes.
- A significant portion of revenue is derived from repeat customers, and any reduction in orders may have an adverse effect.
- Operations are dependent on the procurement of materials and equipment from third-party suppliers.