| G V Electricals Ltd |
|
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  10/- each (the "Equity Shares") of G V Electricals Ltd ("the Company" or "GVEL" or "the Issuer") at an offer price of 130 per equity share for cash, aggregating to 42.25 Crores ("Public Offer") comprising of a fresh issue of 30,00,000 equity shares aggregating to 39 (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 3.25 Crores (hereinafter refferd as "Promoter Selling Shareholders") out of which 2,80,000 equity shares of face value of 10 each, at an offer price of 130 per equity share for cash, aggregating to 3.64 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 10 each, at an offer price of 130 per equity share for cash, aggregating 38.61 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: 130/- per equity share of face value of 10/- 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 |
| |
RsCr |
Lead Managers to the Issue |
|
| Project Cost |
33.49 |
| Seren Capital Private Limited |
|
| Project Financed through Current Offer |
42.25 |
|
| Post Issue Equity Share Capital |
11.28 |
|
| Issue Price |
Rs130.00 |
|
|