ListedSMEPower Generation/DistributionGVELECTRIC

G.V.Electricals IPO

G.V.Electricals IPO is an SME IPO raising ₹42 Cr at ₹123 – ₹130 a share. It listed on 12 Aug 2026 at ₹158, +21.5% against its issue price of ₹130, and trades at ₹140 today (+7.8% since issue). It was subscribed 149× in total.

130
Issue price
140
Price now
+7.8%
Since issue price
12 Aug 2026
Listed on
149×Subscribed (final) · all exchanges

149.3 times more demand than shares on offer

populated partly populated we hold nothing here — the tab says why

Who bid for it

Investor categoryShares offeredShares bid forSubscribed
QIB
Banks, funds and other large institutions
5,92,0005,41,98,00092×
Othersno separate quota4,26,76,000n/a
Foreign Institutional Investorsno separate quota73,59,000n/a
Domestic Financial Institutionsno separate quota41,63,000n/a
Mutual Fundsno separate quotan/a
Non-institutional
Wealthy individuals and companies bidding above ₹2 lakh
7,30,00012,30,36,000169×
Corporatesno separate quota20,17,000n/a
Individualsno separate quota11,84,39,000n/a
Othersno separate quota25,80,000n/a
Retail
Ordinary investors bidding up to ₹2 lakh
10,40,00017,54,36,000169×
Cut Offno separate quotan/a
Price Bidsno separate quota17,54,36,000n/a
Employee Reservedno separate quota0n/a
Employeeno separate quotan/a
Employeeno separate quotan/a
Reservation PortionShareholderno separate quota0n/a
RPSno separate quotan/a
RPSno separate quotan/a
Total23,62,00035,26,70,000149×

Sub-categories read no separate quota rather than a dash: the exchange publishes bids at that level but never a reservation against them, so a subscription multiple does not exist — it is not missing data. Bids across both exchanges (NSE and BSE) — the figure usually quoted publicly. Last updated 10 Aug, 08:18 pm IST.

How demand built

Our own series — the exchanges publish a running total and never a history.37 readings held.

31 Jul, 11:15 am0.00×
31 Jul, 12:15 pm0.60×
31 Jul, 01:15 pm1.89×
31 Jul, 02:15 pm2.06×
31 Jul, 03:15 pm2.23×
31 Jul, 04:15 pm2.40×
31 Jul, 05:15 pm2.68×
3 Aug, 10:39 am7.62×
3 Aug, 11:39 am11×
3 Aug, 12:39 pm14×
3 Aug, 01:39 pm16×
3 Aug, 02:39 pm19×
3 Aug, 03:39 pm21×
3 Aug, 04:25 pm22×
3 Aug, 04:56 pm25×
3 Aug, 05:00 pm26×
4 Aug, 10:34 am38×
4 Aug, 11:46 am51×
4 Aug, 12:46 pm68×
4 Aug, 01:46 pm89×
4 Aug, 02:46 pm114×
4 Aug, 03:46 pm157×
4 Aug, 04:46 pm171×
6 Aug, 11:34 am130×
6 Aug, 12:34 pm130×
6 Aug, 01:34 pm129×
6 Aug, 02:34 pm130×
6 Aug, 03:34 pm130×
6 Aug, 04:34 pm131×
6 Aug, 05:34 pm131×
7 Aug, 11:15 am140×
7 Aug, 12:15 pm147×
7 Aug, 01:15 pm154×
7 Aug, 02:15 pm161×
7 Aug, 03:15 pm176×
7 Aug, 04:15 pm196×
7 Aug, 05:15 pm197×

Institutions typically enter the book on the final day, which is why a day-one subscription figure tells you very little.