- CEO
- Furquan Akhtar
- Sector
- Industrial services
- Industry
- Engineering & construction
- Address
- New Delhi India
- IPO Date
- Aug 12, 2026
- Business
- G V Electricals Ltd is an India-based electrical infrastructure and power distribution services company that delivers engineering, procurement, and construction (EPC) solutions and comprehensive utility management services. Founded in 1985 and headquartered in Mumbai, Maharashtra, India, the company operates across several Indian states and union territories with branch offices and operational hubs in locations including Mumbai, Pune, Nagpur, and New Delhi. G V Electricals specializes in the design, execution, operation, and maintenance of electrical distribution networks and transmission systems up to 400 kV for municipal distribution utilities, private power discoms, state electricity boards, industrial manufacturing units, data centers, and commercial complexes. The company's portfolio of offerings is organized into three core business verticals: Network Operation and Maintenance (O&M) Services, which encompass round-the-clock operational support, preventive and routine maintenance, substation operations, feeder patrolling, network inspection, and rapid fault rectification across 33 kV, 11 kV, and Low Tension (LT) grids; Electrical Infrastructure and Network Development Works, comprising turnkey EPC services, high-voltage underground cable laying, overhead line stringing, pole shifting and erection, transformer installation, switchyard development, and related civil engineering construction; and Metering and Meter Management Services, providing utility field solutions such as single-phase and three-phase meter installation, smart meter deployment, meter testing, routine replacement, reading, and consumer billing support. The company secures projects primarily through competitive government and commercial bidding, executing contracts under long-term service agreements, annual maintenance contracts (AMCs), and project-specific work orders for major utility clients including Tata Power and Adani Power. In recent major corporate developments, the company converted from a private entity into a public limited enterprise and completed an Initial Public Offering (IPO) in August 2026, officially listing its equity shares on the BSE SME platform under the ticker symbol BSE:GVELECTRIC. Capital raised from the public issue has been directed toward strengthening working capital capabilities, scaling its multi-state project execution bandwidth, and expanding its order book of power distribution modernization and smart metering infrastructure contracts across India.