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MV Electrosystems Ltd IPO

Upcoming Mainboard BSE, NSE Bookbuilding IPO
Min Investment
₹14,450
34 shares · 1 lot

MV Electrosystems Ltd IPO is priced at ₹400–₹425 per share with an issue size of ₹290 crore. The IPO opens on Jul 30, 2026 and closes on Aug 03, 2026, with a lot size of 34 shares and a minimum investment of ₹14,450.

Open
30 Jul
Close
03 Aug
Allotment
04 Aug
Refund
05 Aug
Listing
06 Aug

Market Sentiment

Grey Market Premium

No GMP data recorded yet for this IPO.

GMP is an informal, unregulated grey-market figure. It is not a guaranteed listing price and can move sharply during the bidding window.

Live Subscription

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Subscription data isn't available yet — it appears once bidding opens.

IPO Details

Price Band ₹400.00 - ₹425.00 per share
Lot Size34 shares
Min Investment₹14,450
Total Issue Size ₹290.00 crore
Shares Offered68,23,528
Issue Structure Fresh Issue
Issue TypeBookbuilding IPO
Lead Manager(s)Sundae Capital Advisors Pvt.Ltd.
RegistrarKfin Technologies Ltd.
Listing AtBSE, NSE

Quick Profit Calculator

Issue price ₹425 · lot size 34 shares · no GMP recorded, so estimated profit is nil

Category Lots Shares Investment Value at listing Profit
Retail (Min) 1 34 ₹14,450 ₹14,450 ₹0
Retail (Max) 13 442 ₹1,87,850 ₹1,87,850 ₹0
S-HNI (Min) 14 476 ₹2,02,300 ₹2,02,300 ₹0
S-HNI (UPI limit) 34 1,156 ₹4,91,300 ₹4,91,300 ₹0
S-HNI (Max) 69 2,346 ₹9,97,050 ₹9,97,050 ₹0
B-HNI (Min) 70 2,380 ₹10,11,500 ₹10,11,500 ₹0
No grey market premium has been recorded for this IPO yet, so profit is shown as nil. The investment column still reflects what each category would need to apply. Figures update automatically once GMP data or the listing price is available.

Financial Analysis

Net Worth
₹62.57 Cr
MetricLatest Reported
Total Income₹49.79 Cr
Profit After Tax₹-12.63 Cr
Net Worth₹62.57 Cr

Promoters & Holding

Promoters: Mohit Vohra, Amit Dhawan, Sumit Dhawan, Rahul Dhawan, Sonali Dhawan, Ramendra Pratap Singh

Promoter Holding (Pre-Issue)76.92%

Strengths & Risks

Strengths

  • Engineering and systems design focused railways company with strong in-house research, design & development capabilities for highly engineered and complex railway systems.
  • 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 Railways.
  • Experienced Promoter and management team with strong implementation skills and operational effectiveness.

Risks & Concerns

  • Revenue decreased by 23% and profit after tax (PAT) dropped by 1000% between the financial year ending with March 31, 2026 and March 31, 2025.
Summarised from the company's own DRHP/RHP disclosures. Informational only, not investment advice — always read the full prospectus before applying.

Company Information

MV Electrosystems Ltd. is engaged in the design, development, assembly and manufacturing of electrical & power electronics equipment used in railway rolling stock.

Founded2009
HeadquartersFaridabad, Haryana, India
IndustryElectrical Equipment
Websitehttps://www.mvelectrosystems.com/

Objects of the Issue

  • Funding long-term working capital requirements of the Company
  • Investment in research design and development activities for new power electronic equipment
  • General corporate purpose

Registrar & Allotment

RegistrarKfin Technologies Ltd.
Phone+914067162222
Email[email protected]

Resources & Documents

Frequently Asked Questions

12 answers about MV Electrosystems Ltd IPO — dates, pricing, allotment and listing.

MV Electrosystems Ltd IPO is a bookbuilding ipo of ₹290 crore. The issue is priced at ₹400–₹425 per share, with a lot size of 34 shares. Bidding opens on Thu, 30 Jul 2026 and closes on Mon, 03 Aug 2026, with shares to be listed on BSE and NSE.

The price band is ₹400–₹425 per share.

One lot is 34 shares. Bids must be placed in multiples of 34.

A retail investor needs at least ₹14,450 – one lot of 34 shares at ₹425, the upper end of the price band.

MV Electrosystems Ltd IPO opens on Thu, 30 Jul 2026 and closes on Mon, 03 Aug 2026.

Allotment is expected to be finalised on Tue, 04 Aug 2026.

MV Electrosystems Ltd shares are expected to list on Thu, 06 Aug 2026 on BSE and NSE.

The company intends to use the net proceeds towards funding long-term working capital requirements of the company, investment in research design and development activities for new power electronic equipment and general corporate purpose.

Sundae Capital Advisors Pvt.Ltd. is the book running lead manager. Kfin Technologies Ltd is the registrar to the issue.

Apply online through your broker using UPI, or through your bank's net banking using ASBA. Select MV Electrosystems Ltd IPO, enter a quantity in multiples of 34 along with your bid price, submit the application, then approve the UPI mandate in your payment app before the cut-off time.

Category-wise demand from retail, NII and QIB bidders is on the MV Electrosystems Ltd IPO subscription page, and on the BSE and NSE websites.

From Tue, 04 Aug 2026, check the MV Electrosystems Ltd IPO allotment status using your PAN, application number or DP ID – also available on the registrar's website.