G.V. Electricals IPO Subscription Status
Final figures at close of bidding: 12 Aug 2026, 6:30 pm IST
| Category | Subscription |
|---|---|
| QIB | 91.55x |
| NII | 272.79x |
| sNII (₹2L–₹10L) | 187.69x |
| bNII (above ₹10L) | 315.34x |
| Retail (RII) | 168.69x |
| Total | 169.26x |
Bidding day 8
Day-wise subscription
| Day | QIB | sNII | bNII | Retail | Total |
|---|---|---|---|---|---|
| Day 4 | 3.52x | 27.55x | 31.21x | 29.33x | 22.13x |
| Day 5 | 62.9x | 134.24x | 284.58x | 81.88x | 109.46x |
| Day 6 | 62.61x | 135.07x | 284.62x | 82.1x | 109.56x |
| Day 7 | 58.45x | 139.63x | 276.42x | 91.87x | 112.4x |
| Day 8 | 91.55x | 187.69x | 315.34x | 168.69x | 169.26x |
Times subscribed per category (bids vs shares offered, anchor portion excluded). Bidding has closed — these are the final figures.
How the book filled
Day-by-day demand
Demand in the G.V. Electricals IPO accumulated over 5 days of bidding: overall subscription stood at 22.13× at the close of day 4, read 109.46× at the end of day 5, read 109.56× at the end of day 6, read 112.4× at the end of day 7, and finished at 169.26× on day 8. On the final day it was non-institutional investors (NII) driving the book, at 272.79× of the shares set aside for the category. More than half of the final demand arrived after day 4 — a late-building book. The largest single-day addition came on day 5, when the overall multiple moved from 22.13× to 109.46×.
Category detail
The QIB portion ended at 91.55×. Non-institutional investors came in at 272.79×, split 187.69× in the small-NII bucket (bids under ₹10 lakh) and 315.34× among big NIIs (above ₹10 lakh). Within the NII book, the bigger ₹10-lakh-plus bids outpaced the smaller applications. Retail investors put in bids for 168.69× the shares reserved for them. That puts non-institutional investors (NII) at the top of the book at 272.79× and qualified institutional buyers (QIB) at the bottom at 91.55×.
What the multiple means for allotment
Retail bids ran to about 168.69 times the shares earmarked for the category. When a retail book is oversubscribed, the registrar does not allot proportionately — allotment runs as a computerised lottery among all valid applications, with each successful application receiving at least one lot of 1000 shares — ₹1,30,000 of stock at the upper band. The multiple above is the data point that determines how thinly that draw is spread; it describes the final book, not the outcome of any single application.
Frequently asked questions
- When does the G.V. Electricals IPO open and close?
- The G.V. Electricals IPO opens on 31 Jul 2026 and closes on 7 Aug 2026.
- How many times was the G.V. Electricals IPO subscribed?
- The G.V. Electricals IPO was subscribed 169.26 times in total across all investor categories.
- What is the reservation split in the G.V. Electricals IPO?
- Of the total shares offered, retail investors get 35.02%, QIBs 19.93% (plus 29.9% anchor), non-institutional investors 15.15%.