Mumbai, Aug. 12 -- The scrip was listed at Rs 158, marking an 21.54% premium to the initial public offer (IPO) price. The stock is currently up 1.33% upper circuit over its listing price.

The counter hit a high of Rs 165.90 and a low of Rs 154. About 14.57 lakh shares changed hands on the BSE.

G V Electricals' IPO was subscribed 149.31 times. The issue opened for bidding on 31 July 2026 and it closed on 7 August 2026. The price band of the IPO was Rs 123 to Rs 130 per equity share.

The IPO comprised a fresh issue of 30 lakh shares and an offer for sale (OFS) of 2.50 lakh shares by existing shareholders.

The company intends to utilise the net proceeds towards repayment of a portion of certain borrowings availed by the company, funding ...