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Bajaj
Listed SME

G.V.Electricals IPO Subscription Status

G.V.Electricals IPO was subscribed 149.31 times when bidding closed on 7 Aug 2026: QIB 91.55x, NII 168.54x, Retail 168.69x.

The G.V.Electricals IPO has been subscribed 149.31x times overall. Retail investors have shown interest with bids for 168.69x the shares available. The Non-Institutional Investor (NII) category has been subscribed 168.54x. Within NII, Big HNI (B-HNI) subscribed 316.28x and Small HNI (S-HNI) subscribed 187.69x. Qualified Institutional Buyers (QIBs) have subscribed 91.55x. Data last updated on 03 Sep, 02:49 PM.

The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 31 Jul, 2026 and closes on 07 Aug, 2026. The shares are expected to list on stock exchanges on 12 Aug, 2026.

Abhishek Vohera, Founder of IPO Guru Researched & reviewed by Abhishek Vohera, Founder, IPO Guru Last updated Figures sourced from the RHP, BSE & NSE

Live bidding

Shares bid against shares offered, category by category, as published by the exchanges. Summary splits NII into bHNI (above ₹10 lakh) and sHNI (₹2–10 lakh); switch to Detailed for the exchange's own sub-category rows.

Last updated 03 Sep 2026, 02:49 PM
Category Bid details Times
QIB 5,41,98,000 of 5,92,000 42 applications 91.55x
NII 12,30,36,000 of 7,30,000 21,262 applications 168.54x
bHNI — bid amount above ₹10 Lakh
9,48,83,000 11,156 applications 316.28
sHNI — bid amount ₹2–10 Lakh
2,81,53,000 10,106 applications 187.69
Retail 17,54,38,000 of 10,40,000 1,20,388 applications 168.69x
TOTAL 35,26,72,000 1,41,692 applications 149.31x

G.V.Electricals IPO Basis of Allotment

Final Final figures published by the registrar, after technical rejections. Allotment price ₹130.

Applications
1,41,697
Allottees
715
Overall odds
1 out of 198
Amount collected
₹5,448 Cr
Category Apps Got Odds
QIB 36.50x subscribed 47 45 11 out of 12
Ex. Anchor
42 40 10 out of 11
Anchor
5 5 All
NII (HNI) 276.26x subscribed 21,262 150 1 out of 142
bNII >₹10L
11,156 100 1 out of 112
sNII <₹10L
10,106 50 1 out of 202
Retail 231.52x subscribed 1,20,388 520 1 out of 232
TOTAL 141.12x subscribed 1,41,697 715 1 out of 198

G.V.Electricals IPO allotment probability

Your odds of an allotment in each category at the current subscription.

Retail (up to ₹2 L)
1 out of 116
~0.9% chance per PAN — 1,20,388 applicants for 1,040 allotment slots. Winners get exactly 1 lot (₹1.3 L) by SEBI lottery, however many lots you bid.
Small HNI (₹2–10 L)
1 out of 135
~0.7% chance — 10,106 applicants for 75 allotment slots. Lottery allots the minimum S-HNI application of 2 lots (₹2.6 L) per winner; bidding bigger doesn't improve odds.
Big HNI (above ₹10 L)
1 out of 74
~1.3% chance — 11,156 applicants for 150 allotment slots. Lottery allots the minimum NII application of 2 lots (₹2.6 L) per winner, the same as S-HNI; any shares left over are allotted proportionately.
QIB (institutions)
91.55x
Proportionate allotment — at 91.55x, institutions receive ~1.1% of their bid. No lottery; not open to individual investors. Strong institutional endorsement.

Odds = allotment slots ÷ applications, or the subscription multiple where counts aren't available. Retail and HNI allotment is by lottery; QIB is proportionate. Not investment advice.

Subscription insights

What the current book is saying, read off the category numbers above.

Retail Allotment

High demand detected. The retail category is heavily oversubscribed, making the allotment a lottery where only 1 out of every 169 applicants will be successful.

Institutional Backing

Massive institutional interest with QIBs subscribing 91.55x. This often signals long-term confidence from professional funds.

Day-wise subscription history

End-of-day subscription across the 6-day bidding window. On phones, tap a day for the category split.

Date Total
07 Aug 2026
Day 6
149.31x ▼
QIB91.55x NII168.54x Retail168.69x
06 Aug 2026
Day 5
99.19x ▼
QIB58.45x NII142.67x Retail91.87x
05 Aug 2026
Day 4
109.56x ▼
QIB62.61x NII234.77x Retail82.10x
04 Aug 2026
Day 3
129.48x ▼
QIB66.42x NII150.32x Retail150.75x
03 Aug 2026
Day 2
19.63x ▼
QIB3.52x NII18.87x Retail29.33x
31 Jul 2026
Day 1
2.02x ▼
QIB3.52x NII1.34x Retail1.65x

G.V.Electricals SME IPO dates

From the bidding window to listing. Today is 30 October.

Key dates Listed
  1. Open 31 Jul 2026
  2. Close 07 Aug 2026
  3. Allotment 05 Aug 2026
  4. Refund/credit TBA
  5. Listing 12 Aug 2026

What does this subscription data mean?

IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:

  • 01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
  • 02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
  • 03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
  • 04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.

Data sourced from BSE/NSE. Subscription numbers are updated during bidding hours (10 AM – 5 PM IST) on active subscription days.

Frequently asked

What is the current subscription status of G.V.Electricals IPO?

As of IPO close date (07 Aug, 2026), the G.V.Electricals IPO is subscribed 149.31x times. Retail category is 168.69x, and NII is 168.54x subscribed.

When is the allotment date for G.V.Electricals IPO?

The allotment for G.V.Electricals IPO is expected to be finalized on 05 August, 2026.

What is the GMP of G.V.Electricals?

The Grey Market Premium (GMP) for G.V.Electricals is currently ₹25, indicating a potential listing gain of 19.23%.

When will G.V.Electricals IPO list on the stock market?

G.V.Electricals is scheduled to list on BSE and NSE on 12 August, 2026.

What are the chances of getting allotment in G.V.Electricals IPO?

The retail category is oversubscribed at 168.69x, meaning allotment is by lottery. Statistically, approximately 1 in 169 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.

What does QIB subscription of 91.55x mean for G.V.Electricals IPO?

Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 91.55x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.

How to check G.V.Electricals IPO allotment status?

After the allotment date (05 Aug, 2026), you can check your G.V.Electricals IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.

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Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.

Total
149.31x
QIB
91.55x
NII
168.54x
Retail
168.69x
Full IPO details