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Issue Open Date
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31-Jul-26
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Issue Closing Date
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04-Aug-26
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Application Money
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100
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Allotment Money
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Price Band
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123
-
130
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Minimium Application No.
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2000
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Issue Size (Shares)
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3250000
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Market Lot
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1
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Objective
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1. Repayment of a portion of certain borrowings availed by our Company; 2. Funding of Working Capital Requirements; and 3. General Corporate Purpose
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Category
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No. of Shares
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No. of Shares
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Subscription Ratio
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Offered / Reserved |
Bid For |
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Non-Institutional Investors
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Qualified Institutional Buyers
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Retail Individual Investors
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Business Description:
Our operations are broadly organized into three service verticals: (i) Network Operation and Maintenance (“O&M”) Services, (ii) Electrical Infrastructure and Network Development Works, and (iii) Metering and Meter Management Services. These verticals collectively cover operational and maintenance support for distribution networks, execution of electrical infrastructure works associated with distribution systems, and metering-related field services undertaken for electricity distribution utilities. Under our Network O&M Services vertical, we undertake maintenance and operational support of electrical distribution systems across multiple voltage levels, including 33 kV, 11 kV and low-tension (“LT”) networks, provide O&M support for 33/11 kV substations and deploy technical manpower for field operations such as line maintenance, network inspection and fault rectification. Under the Electrical Infrastructure and Network Development Works vertical, we undertake allied electrical and civil works relating to electricity distribution infrastructure, including pole-related works such as erection and shifting of poles, cable-related works including laying, jointing and termination of underground and overhead cables, and civil works such as excavation, foundation works, construction of plinths and other supporting civil structures required for installation, maintenance or restoration of distribution infrastructure.
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Promoter's Holding
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Total Share Capital
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8279190
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Offered to Public
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3250000
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Promoter's Holding (Pre-Issue)
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100
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Promoter's Holding (Post-Issue)
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Address |
Unit No 324 3rd Floor Plot No 416 Hammersmith Industrial Premises Co-op Society Ltd Narayan Pathare Marg Off. Sitladevi Temple Road Mahim
Mumbai
,
Maharashtra
,
400016
Phone :
022 40103043
Email :
info@gvelectricals.com
Website :
www.gvelectricals.com
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Registrar |
Mudra RTA Ventures Pvt Ltd.
B-117 3rd Floor DDA Shed Okhla Industrial Area Phase - 1 New Delhi
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Listed at |
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BSE
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Lead Manager |
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Seren Capital Pvt Ltd.
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Promoters |
Furquan Akhtar Jawed Akhtar Sunil Lakshman Vatsa
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