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GV Electricals launches Rs 42.25 crore IPO on July 31
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GV Electricals, a Delhi-based power distribution infrastructure provider, opens a Rs 42.25 crore IPO on July 31 with shares priced at Rs 123–130. The company aims to issue 32.5 lakh shares to fund expansion in its core sector.
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GV Electricals launches Rs 42.25 crore IPO on July 31
GV Electricals, a power distribution infrastructure services firm based in Delhi, will open its maiden public offering on July 31 for subscription. The IPO, priced between Rs 123 and Rs 130 per share, targets raising Rs 42.25 crore through the issuance of 32.5 lakh equity shares. The proceeds will support the company’s expansion in power distribution infrastructure. The IPO coincides with another public issue, Fusion Klassroom Edutech, opening the same day. GV Electricals specializes in end-to-end solutions for power distribution networks.
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