MV Electrosystems Ltd IPO was priced at ₹400–₹425 per share with an issue size of ₹290 crore. The IPO opened on Jul 30, 2026 and closed on Aug 03, 2026, with a lot size of 34 shares and a minimum investment of ₹14,450.
| Price Band | ₹400.00 - ₹425.00 per share |
| Lot Size | 34 shares |
| Min Investment | ₹14,450 |
| Total Issue Size | ₹290.00 crore |
| Shares Offered | 68,23,528 |
| Issue Structure | Fresh Issue |
| Issue Type | Bookbuilding IPO |
| Lead Manager(s) | Sundae Capital Advisors Pvt.Ltd. |
| Registrar | Kfin Technologies Ltd. |
| Listing At | BSE, NSE |
Issue price ₹425 · lot size 34 shares · estimated listing price ₹532 (GMP +₹107)
| Category | Lots | Shares | Investment | Value at listing | Profit |
|---|---|---|---|---|---|
| Retail (Min) | 1 | 34 | ₹14,450 | ₹18,088 | +₹3,638 |
| Retail (Max) | 13 | 442 | ₹1,87,850 | ₹2,35,144 | +₹47,294 |
| S-HNI (Min) | 14 | 476 | ₹2,02,300 | ₹2,53,232 | +₹50,932 |
| S-HNI (UPI limit) | 34 | 1,156 | ₹4,91,300 | ₹6,14,992 | +₹1,23,692 |
| S-HNI (Max) | 69 | 2,346 | ₹9,97,050 | ₹12,48,072 | +₹2,51,022 |
| B-HNI (Min) | 70 | 2,380 | ₹10,11,500 | ₹12,66,160 | +₹2,54,660 |
| Metric | Latest Reported |
|---|---|
| Total Income | ₹49.79 Cr |
| Profit After Tax | ₹-12.63 Cr |
| Net Worth | ₹62.57 Cr |
Promoters: Mohit Vohra, Amit Dhawan, Sumit Dhawan, Rahul Dhawan, Sonali Dhawan, Ramendra Pratap Singh
| Promoter Holding (Pre-Issue) | 76.92% |
MV Electrosystems Ltd. is engaged in the design, development, assembly and manufacturing of electrical & power electronics equipment used in railway rolling stock.
| Founded | 2009 |
| Headquarters | Faridabad, Haryana, India |
| Industry | Electrical Equipment |
| Website | https://www.mvelectrosystems.com/ |
| Registrar | Kfin Technologies Ltd. |
| Phone | +914067162222 |
| [email protected] |
11 answers about MV Electrosystems Ltd IPO — dates, pricing, allotment and listing.
MV Electrosystems Ltd IPO is a bookbuilding ipo of ₹290 crore. The issue was priced at ₹400–₹425 per share, with a lot size of 34 shares. Bidding ran from Thu, 30 Jul 2026 to Mon, 03 Aug 2026, with shares listed on BSE and NSE.
The price band was ₹400–₹425 per share.
One lot was 34 shares. Bids had to be placed in multiples of 34.
A retail investor needed at least ₹14,450 – one lot of 34 shares at ₹425, the upper end of the price band.
MV Electrosystems Ltd IPO opened on Thu, 30 Jul 2026 and closed on Mon, 03 Aug 2026.
Allotment was finalised on Tue, 04 Aug 2026.
MV Electrosystems Ltd shares were listed on Thu, 06 Aug 2026 on BSE and NSE.
The company intended 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.
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.