• SENSEX 76,518.86
    -236.19 (--0.31%)
  • BANKNIFTY 57,126.80
    -708.55 (--1.23%)

IPO

Explore our secure online trading, IPO bidding, mutual fund investments, and depository services, all designed to provide seamless transactions, expert insights, and real-time market access for smart investing

G V Electricals Ltd

G V Electricals Ltd

    Registered Office : #.324 3rd Flr #.416 Hamm.Indu-,Pre.Co-op Soc.Ltd Narayan Pat.,Mumbai Maharashtra 400016 Phone : 011 4308 3804
    Fax :

    Email : company.secretary@gvelectricals.com

    Website : www.gvelectricals.com

Initial public offer of upto 32,50,000 equity shares of face value of Rs.10/- each (the "equity shares") of G V Electricals Ltd ("the company" or "GVEL" or "the issuer") at an offer price of Rs.[*] per equity share for cash, aggregating up to Rs.[*] crores("public offer") comprising of a fresh issue of upto 30,00,000 equity shares aggregating to Rs.[*] (the "fresh issue") and an offer for sale of upto 2,50,000 equity shares by the promoter selling shareholders, Jawed Akhtar and Sunil Lakshman Vatsa (hereinafter refferd as "promoter selling shareholders") aggregating to Rs.[*] crores ("offer for sale"), out of which [*] equity shares of face value of Rs.10/- each, at an offer price of Rs.[*] per equity share for cash, aggregating Rs.[*] 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 [*] equity shares of face value of Rs.10/- each, at an offer price of Rs.[*] per equity share for cash, aggregating Rs.[*] crores is herein after referred to as the "net offer". The public offer and net offer will constitute 28.81% and [*] % respectively of the post- offer paid-up equity share capital of the company. The price band and the minimum bid lot will be decided by the company.

Issue

Opens On

Closes On

01-Jan-1970

01-Jan-1970

Money Payable On

Application

Allotment

0.00

0.00

Minimum Application for shares in Nos : 0.0 Further Multiples of : 0.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

0.00

0.00

0.00

0.00

Seren Capital Private Limited

Projects
  • Repayment of a portion of certain borrowings availed by its Company
  • Funding of Working Capital Requirements
  • General corporate purposes
Promoted By
  • Jawed Akhtar
  • Sunil Lakshman Vatsa
  • Furquan Akhtar
Listing At
  • BSE - SME
Registrar to the Issue
  • Mudra RTA Ventures Pvt Ltd