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Open
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Close
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Allotment
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Listing
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Issue Size
1,97,00,000 shares (agg. up to ₹[.] Cr)
Listing Date
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✦ AI Insight
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 270.20 | 251.36 | 181.27 | 165.65 |
| Total Income | 354.91 | 614.11 | 515.46 | 547.41 |
| Profit After Tax | 22.37 | 20.38 | 9.31 | 6.09 |
| EBITDA | 20.60 | 28.38 | 15.34 | 12.00 |
| NET Worth | 109.27 | 87.01 | 64.32 | 54.19 |
| Reserves and Surplus | 108.96 | 86.68 | 64.08 | 53.97 |
| Total Borrowing | 37.41 | 26.73 | 25.50 | 11.27 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| SEDEMAC Mechatronics Ltd. | Mainboard | ₹1,087.35 Cr | ₹1352 | 126.91 | ₹1,451.10 | +7.33% | ₹2,775.20 (+3.65%) |
| Tenneco Clean Air India Ltd. | Mainboard | ₹3,600.00 Cr | ₹397 | 28.97 | ₹490.80 | +23.63% | ₹558.55 (-1.90%) |
| Studds Accessories Ltd. | Mainboard | ₹455.49 Cr | ₹585 | 33.06 | ₹560.30 | -4.22% | ₹444.85 (-0.50%) |
| Happy Steels Ltd. | SME | ₹25.00 Cr | ₹66 | 9.76 | ₹68.50 | +3.79% | ₹62.00 (-0.08%) |
| Autofurnish Ltd. | SME | ₹14.60 Cr | ₹41 | 11.64 | ₹45.15 | +10.12% | ₹55.30 (-6.27%) |
| Gallard Steel Ltd. | SME | ₹37.50 Cr | ₹150 | 17.31 | ₹234.25 | +56.17% | ₹157.00 (+0.00%) |
| Sellowrap Industries Ltd. | SME | ₹30.28 Cr | ₹83 | 8.4 | ₹94.50 | +13.86% | ₹64.25 (-1.91%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Financing the capital expenditure requirement towards expansion of our existing Unit III at Vadodara by increasing the manufacturing capacity of copper cathodes; | 31.79 |
| 2 | Pre-payment or scheduled re-payment of a portion of certain outstanding borrowings availed by the Company | 40.00 |
| 3 | General Corporate Purposes | |
| Total | 71.79 |
About Gujarat Victory Forging IPO
Incorporated in September 1990, Gujarat Victory Forgings Limited manufactures non-ferrous metal products through the processing and recycling of metal scrap. The company's product portfolio includes high-purity copper cathodes (99.96%- 99.99% copper) and copper-related products, such as tubes, pipes, ingots, busbars, rods, and master alloys (copper arsenic, phosphorus, nickel, chromium zirconium, and silicon alloys). These products are used in various industries, including power infrastructure, electric vehicles, construction, renewable energy, and storage. The company has three manufacturing units, out of which one is located in Panchmahals, Gujarat, and the other two are situated in Vadodara, Gujurat. As of February 28, 2026, we have 56 permanent and 0 contractual employees. Competitive Strength: Proven track record of sustained profitability and consistent financial results in a high-entry-barrier industry. De-risked business model with diverse industry applications/customer base/suppliers/location/product portfolio, and operational flexibility. Strong customer base along with robust raw materials sourcing capabilities. Strong renewable energy infrastructure enabling sustainable
Contact Details
Gujarat Victory Forging Ltd. AddressBlock No. 1147,Old RS No. 1558, Village ManjusarLamdapura, Savli,Vadodara, Gujarat, 391775+91- 6358289578compliance@gvfpl.comVisit Website