Gv Electricals Ipo
G.V. Electricals IPO Review & Key Points
Review:
IPO Lead Managers aka Merchant Bankers
Seren Capital Pvt. Ltd.
| Name of the Company | Face Value (₹) | EPS basic (₹) | EPS Diluted (₹) | RONW (%) | P/E Ratio | NAV (₹) |
| Powerica Limited | 5 | 15.26 | 15.26 | 15.37 % | 24.45 | 99.76 |
| Listed Peers | ||||||
| Cummins India Limited | 2 | 72.15 | 72.15 | 26.45% | 64.13 | 272.78 |
| Kirloskar Oil Engines Limited | 2 | 33.71 | 33.60 | 15.85% | 43.24 | 212.60 |
| NTPC Green Energy Limited | 10 | 0.67 | 0.67 | 2.58% | 129.40 | 21.88 |
| Acme Solar Holdings Limited | 2 | 4.55 | 4.53 | 5.59% | 50.74 | 74.54 |
| Adani Green Energy Limited | 10 | 8.37 | 8.37 | 11.90% | 101.53 | 76.62 |
| IPO Open Date | July 31, 2026 |
| IPO Close Date | August 4, 2026 |
| Face Value | ₹10 Per Equity Share |
| IPO Price Band | ₹123 to ₹130 Per Share |
| Issue Size | Approx ₹42.25 Crores |
| Fresh Issue | Approx ₹39.00 Crores |
| Offer for Sale: | Approx 2,50,000 Equity Shares |
| Issue Type | Book-built Issue |
| IPO Listing | BSE SME |
| DRHP Draft Prospectus | |
| RHP Draft Prospectus |
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 2 | 2,000 | ₹2,60,000 |
| Retail Maximum | 2 | 2,000 | ₹2,60,000 |
| S-HNI Minimum | 3 | 3,000 | ₹3,90,000 |
| S-HNI Maximum | 7 | 7,000 | ₹9,10,000 |
| B-HNI Minimum | 8 | 8,000 | ₹10,40,000 |
| Investor Category | Share Offered | -% Shares |
| Anchor Investor | 8,88,000 Shares | 27.32% |
| QIB (Ex. Anchor) | 5,92,000 Shares | 18.22% |
| NII Shares Offered | 4,50,000 Shares | 13.85% |
| Retail Shares Offered | 10,40,000 Shares | 32.00% |
| Anchor Bidding Date | July 30, 2026 |
| Anchor Investors List | |
| Shares Offered | 8,88,000 Shares |
| Anchor Size | [.] Cr. |
| lock-in period end date 50% shares (30 Days) | 2026 |
| lock-in period end date 50% shares (90 Days) | 2026 |
| IPO Open Date: | July 31, 2026 |
| IPO Close Date: | August 4, 2026 |
| Basis of Allotment: | August 5, 2026 |
| Refunds: | August 6, 2026 |
| Credit to Demat Account: | August 6, 2026 |
| IPO Listing Date: | August 7, 2026 |
| Particular | Shares | % Share |
| Promoter Holding Pre Issue | 82,79,190 | 95.65% |
| Promoter Holding Post Issue | 1,12,79,190 | 67.99% |
| Purpose | Crores |
| Repayment of a portion of certain borrowings availed by the Company; | ₹6.00 |
| Funding of Working Capital Requirements | ₹22.00 |
| General Corporate Purpose | ₹- |
| Period Ended | Revenue | Expense | PAT | Assets |
| 2024 | ₹112.03 | ₹106.57 | ₹2.80 | ₹42.06 |
| 2025 | ₹131.36 | ₹124.61 | ₹4.66 | ₹51.43 |
| 2026 | ₹156.66 | ₹142.36 | ₹10.47 | ₹78.40 |
| KPI | Values |
| ROE: | 36.81% |
| ROCE: | 31.13% |
| EBITDA Margin: | 10.90% |
| PAT Margin: | 6.69% |
| Debt to equity ratio: | 0.49 |
| Earning Per Share (EPS): | ₹12.64 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 31.09% |
| Net Asset Value (NAV): | ₹40.66 |
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Rajesh Power Services Limited | 79.52 | 10.69 | 35.26% | 225.56 | 1,633.41 Cr. |
| Parth Electricals & Engineering Limited | 11.35 | 39.20 | 12.78% | 81.54 | 200.95 Cr. |
| Period Ended | Revenue | Expense | PAT | Assets |
| 2023 | ₹184.81 | ₹154.97 | ₹32.10 | ₹251.58 |
| 2024 | ₹206.45 | ₹175.85 | ₹34.44 | ₹339.25 |
| 2025 | ₹322.58 | ₹261.43 | ₹28.13 | ₹455.49 |
| Dec 2025 | ₹236.50 | ₹186.96 | ₹38.69 | ₹561.34 |