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News Details

27/07/2026 16:00

G V Electricals announces launch of initial public offering

G V Electricals Ltd. has announced public offering of 3250000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 120.00 per share. The gross proceeds of the issue are expected to be Rs 4,225.00 lakhs.

The company's initial public offer (IPO) will open on 31 July 2026 and is expected to close on 04 August 2026, subject to customary closing conditions. The price band of the issue has been fixed at Rs 123.00-130.00 per share.

The IPO includes a fresh Issue of 3250000 Equity Shares of the Company at an price of Rs 130.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1000 shares with bids in multiples of 1000.

G V Electricals Ltd. anticipates using the proceeds of the issue for .

Seren Capital Pvt. Ltd. as lead manager & Mudra RTA Ventures Pvt. Ltd. is the registrar, to the issue.