MV ELECTROSYSTEMS...● IPO DETAIL GMP+₹115 STATUSListed IPOCloudTrack Every IPO MV ELECTROSYSTEMS...● IPO DETAIL GMP+₹115 STATUSListed IPOCloudTrack Every IPO
Live GMP
Back to IPOs
MV Electrosystems Ltd

MV Electrosystems Ltd

NSE & BSE · Mainboard IPO
Listed NSE & BSE Mainboard Live Chart
Issue Price
₹425
₹425
GMP (Grey Market)
+₹115
+27.06%
Est. Listing Price
₹540
Based on GMP
Min. Investment
₹14,450
1 lot × 34 shares
Subscribed
109.59x
Over-subscribed
IPO Details
Open Date
30 Jul 2026
Close Date
03 Aug 2026
Allotment
04 Aug 2026
Listing Date
06 Aug 2026
Exchange
NSE & BSE
Price Band
₹425
Listing Price
See chart
Allotment Status
Price Band
₹425
Per share
Face Value
₹5 per share
 
Lot Size
34 Shares
per lot
Issue Size
68,23,528 shares (agg. up to ₹290 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹14,450
1 lot
Pre-IPO Holding
2,04,59,200 shares
Promoters
Post-IPO Holding
2,72,82,728 shares
Promoters
P/E (Pre)
-68.88x
 
EPS (Pre)
₹-6.17
 
UPI Deadline
5:00 PM on 03 Aug 2026
Mandate
GMP
+₹115
+27.06% est.
Anchor AllotmentWed, 29 Jul 2026
Basis of AllotmentTue, 04 Aug 2026
Refund InitiationWed, 05 Aug 2026
Demat CreditWed, 05 Aug 2026
Listing DayThu, 06 Aug 2026
UPI Mandate Deadline5:00 PM on 03 Aug 2026
Sale TypeFresh capital only
Fresh Issue Shares68,23,528 shares (agg. up to ₹290 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
MV Electrosystems Ltd IPO subscribed 109.59 times overall. Retail: 210.59x. QIB: 38.91x. NII: 395.65x. By 03 Aug 2026.
QIB
38.91x
Over
NII/HNI
395.65x
Over
Retail
210.59x
Over
Total
109.59x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
QIB
Over 38.91x
5,117,680
₹217.50
NII / HNI
Over 395.65x
1,023,502
₹43.50
Retail
Over 210.59x
682,346
₹29.00
Total 109.59x
6,823,528
100% ₹290.00
IPO Shares Offered
MV Electrosystems Ltd IPO total issue size: ₹290.00 Cr. Retail: ₹29.00 Cr. QIB: ₹217.50 Cr. NII: ₹43.50 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
QIB 5,117,680 ₹217.50
75.00%
NII 1,023,502 ₹43.50
15.00%
Retail 682,346 ₹29.00
10.00%
Total 6,823,528 ₹290.00
100.00%
* Based on upper price band ₹425 per share
Basis of Allotment
QIB NII Retail Total
Ex. Anchor Anchor Total QIB Below ₹10L Above ₹10L Total NII
Allocation (shares) 1,023,502 682,346 1,705,848
Allotment price (₹) 425 425 425 425 425 425 425 425
No. of applications
No. of shares applied
Amount collected (₹Cr) ₹29.00 ₹29.00
Times subscribed 38.91x 395.65x 210.59x 109.59x
Shares allotted 1,023,502 682,346 1,705,848
No. of allottees
* Upper price band ₹425 · ** Anchor allotment excluded from public shares
Lot Size & Investment
Lot Size
34
Shares per Lot
Issue Price
₹425.00
Upper Band
Min Investment
₹14,450
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)268₹28,900
Retail (Max — 13 Lots)13442₹187,850
S-HNI (Min — 14 Lots)14476₹202,300
B-HNI (Min — 70 Lots)702,380₹1,011,500
* Issue Price ₹425 × Lot Size 34 shares
IPO Schedule
Anchor
29 Jul 2026
✓ Done
IPO Open
30 Jul 2026
✓ Done
IPO Close
03 Aug 2026
✓ Done
Allotment
04 Aug 2026
✓ Done
Refunds
05 Aug 2026
✓ Done
Demat Credit
05 Aug 2026
✓ Done
Listing Day
06 Aug 2026
✓ Done
MV Electrosystems Ltd — Live Price LIVE
₹425.00
INR · BSE
Fetching…
vs Issue Price
OPEN
HIGH
LOW
MKT CAP
P/E
52W HIGH
52W LOW
VOLUME
DIVIDEND
DIV YIELD
Loading…
Chart Not Available
Try again 2–3 days after listing.
Issue ₹425.00 GMP: +₹115 Live Price
About MV Electrosystems Ltd
Incorporated in 2009, MV Electrosystems Ltd. is engaged in engaged in the design, development, assembly and manufacturing of electrical & power electronics equipment used in railway rolling stock including IGBT based 3-Phase Drive Propulsion equipment for electric locomotives, switchgear panels for railway coaches & EMU’s, cable protection & management products and electrical components, systems & sub-systems.The company operate within India’s rail infrastructure transition driven by mandated broad-gauge electrification, Make-inIndia procurement requirements and the expansion of the network, including upcoming high-speed corridors. MV Electrosystems Ltd. operates through integrated design, production, and quality-testing processes. The company emphasizes innovation, precision engineering, and client-centric solutions, enabling reliable performance and long-term value across diverse industries and product categories.Products:Propulsion EquipmentCable protection & management productsThe company has in-house Research, Design & Development Centre based at Plot No. 7, Site No. 2, 14/3, Mathura Road, Faridabad, Haryana, India is the technological backbone of our operations, dedicated to innovation, engineering and advancement of complex and high-performance power electronics and other railway systems.As of May 31, 2026. the company had 206 employees.Competitive Strengths:Engineering and systems design focused railways company with strong in-house research, design & development capabilities for highly engineered and complex railway systems, combining precision and domain expertise.Ability to create precision driven design & development capabilities and safety critical & complex railway electric equipment acts as high barriers to entry in this segment.Long-standing and deep relationship with Indian RailwaysExperienced Promoter and management team with strong implementation skills and operational effectiveness.
Objects of the Issue
1
Funding long-term working capital requirements of the Company
2
Investment in research design and development activities for new power electronic equipment
3
General corporate purpose
MV Electrosystems Ltd Financials (Amount in ₹ Crore)
Revenue from Operations
₹50.6
31 Mar 2024
₹64.6
31 Mar 2025
₹49.8
31 Mar 2026
Profit After Tax (PAT)
₹0.6
31 Mar 2024
₹1.4
31 Mar 2025
-₹12.6
31 Mar 2026
Particulars31 Mar 202631 Mar 202531 Mar 2024
Revenue from Operations 49.79 64.64 50.57
EBITDA -9.94 8.92 6.41
Profit After Tax (PAT) -12.63 1.40 0.56
Net Worth 62.57 17.91 16.53
Total Assets 145.74 74.12 65.58
Reserves & Surplus 52.34 8.77 9.15
Borrowings 49.89 27.50 27.59
EBITDA Margin (%) -19.97
PAT Margin (%) -25.36
P/BV Ratio
13.90
RoE
-31.55
RoCE
-17.69
RoNW
-20.29
PAT Margin
-25.36
EBITDA Margin
-19.97
Debt/Equity
0.80
Issue Structure & Shareholding
Total Shares Offered68,23,529
Net Offer to PublicN/A
Reserved for Market MakerN/A
Pre-Issue Promoter Holding2,04,59,200 shares
Post-Issue Promoter Holding2,72,82,728 shares
P/BV Ratio13.90
RoE-31.55
RoCE-17.69
Debt / Equity0.80
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Sundae Capital Advisors Pvt.Ltd
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much MV Electrosystems Ltd IPO subscribed?

MV Electrosystems Ltd IPO is subscribed 109.59 times by Aug 03, 2026. Retail: 210.59x. QIB: 38.91x. NII: 395.65x.

Investor CategorySubscription
Qualified Institutional (QIB)38.91x
Non Institutional (NII/HNI)395.65x
Retail Individual210.59x
Total Subscription109.59x
What is MV Electrosystems Ltd IPO retail subscription status?

The MV Electrosystems Ltd IPO retail category is subscribed 210.59 times as of 03 Aug 2026. The retail portion is oversubscribed.

How to subscribe MV Electrosystems Ltd IPO?

Subscribe via your broker app using ASBA or UPI. Opens 30 Jul 2026 and closes 03 Aug 2026. Min investment: ₹14,450 (1 lot = 34 shares). UPI mandate: 5:00 PM on 03 Aug 2026.

How many times MV Electrosystems Ltd IPO subscribed?

The MV Electrosystems Ltd IPO subscribed 109.59x overall. QIB: 38.91x, NII: 395.65x, Retail: 210.59x. Applications: from NSE/BSE.

How to check MV Electrosystems Ltd IPO allotment?

Check allotment on the registrar website (Kfin Technologies Ltd) at https://ipostatus.kfintech.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 04 Aug 2026. Refunds: on 05 Aug 2026.

When MV Electrosystems Ltd IPO will be listed?

The MV Electrosystems Ltd IPO listing date is 06 Aug 2026, Thursday. Listed on: NSE & BSE. Issue price: ₹425. Estimated listing: ₹540. GMP: +₹115.

When MV Electrosystems Ltd IPO close?

The MV Electrosystems Ltd IPO closes on 03 Aug 2026, Monday. UPI mandate: 5:00 PM on 03 Aug 2026. Allotment: 04 Aug 2026. Listing: 06 Aug 2026.