IPO IPO-Synopsis
G V Electricals Ltd

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Registered Office: #.324 3rd Flr #.416 Hamm.Indu-,Pre.Co-op Soc.Ltd Narayan Pat. , Mumbai - 400016 , Maharashtra , India.
Phone : 011 4308 3804   Fax:
Email :  company.secretary@gvelectricals.com  
Website :  www.gvelectricals.com
Initial public offer of 32,50,000 equity shares of face value of Rs10/- each (the "Equity Shares") of G V Electricals Ltd ("the Company" or "GVEL" or "the Issuer") at an offer price of Rs130 per equity share for cash, aggregating to Rs42.25 Crores ("Public Offer") comprising of a fresh issue of 30,00,000 equity shares aggregating to Rs39 (the "Fresh Issue") and an offer for sale of 2,50,000 equity shares by the promoter selling shareholders, Jawed Akhtar and Sunil Lakshman Vatsa ("Offer For Sale") aggregating to Rs3.25 Crores (hereinafter refferd as "Promoter Selling Shareholders") out of which 2,80,000 equity shares of face value of Rs10 each, at an offer price of Rs130 per equity share for cash, aggregating to Rs3.64 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 Rs10 each, at an offer price of Rs130 per equity share for cash, aggregating Rs38.61 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: Rs130/- per equity share of face value of Rs10/- each. The floor 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.

Issue Money Payable On
Opens On Closes On Application Allotment
31-Jul-26 07-Aug-26 Rs130.00-0.00 Rs0.00-0.00
Minimum Application for shares in Nos :2000  Further Multiples of :1000

  Rs Cr Lead Managers to the Issue
Project Cost 0.00
Seren Capital Private Limited
Project Financed through Current Offer 42.25  
Post Issue Equity Share Capital 11.28  
Issue Price Rs130.00  
Projects
Repayment of a portion of certain borrowings availed by its CompanyGeneral corporate purposes
Funding of Working Capital Requirements
Promoted By
Jawed Akhtar
Sunil Lakshman Vatsa
Furquan Akhtar
Listing At
BSE - SME 
Registrar to the Issue
Mudra RTA Ventures Pvt Ltd