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G V Electricals completed its IPO, raising Rs 11.54 crore from anchor investors with an issue price of Rs 130. The company's shares debuted at Rs 160.10 on the BSE, marking a strong premium.

PRIVATEAug 12, 2026•about 3 hours ago

Amount Raised

₹115 Million

Round Type

Seed

IndiaEnergy

Investors

5 Anchor Investors

Description

G V Electricals traded on the BSE with a significant premium to its IPO price. The IPO was highly subscribed at 149.31 times, with plans to use proceeds for debt repayment and working capital. The company's strong operational infrastructure and ongoing projects support its market position. It employs over 4,400 staff for various electrical distribution services.

Company Information

Company

G V Electricals

Location

India

About

G V Electricals is an electrical distribution infrastructure service provider offering operations, maintenance and support services mainly to electricity distribution utilities in India. Its business spans network O&M, electrical infrastructure and network development, and metering and meter management services. The company maintains distribution systems across 33 kV, 11 kV and low-tension networks, including substations, lines and related infrastructure. As of 30 June 2026, its order book comprised 34 ongoing projects with a total value of approximately Rs 553.70 crore.

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