MV Electrosystems IPO is a mainboard book-built issue of ₹290 crore, scheduled to open on 30 July 2026 and close on 3rd August 2026. They are issuing approximately 68,23,528 fresh issues for the public. They have scheduled the listing date for 6 August 2026, on both NSE and BSE.
The objective of the MV Electrosystems IPO is to cover their working capital, to fund R&D for new equipment, and general corporate purposes.
MV Electrosystems IPO Key Details
The table below presents the essential details investors should know before applying for the MV Electrosystems IPO.
| IPO Open Date | 30 July 2026 |
| Close Date | 3 August 2026 |
| Face value | ₹5 per share |
| Price Band | ₹400 to ₹425 per share |
| IPO Lot Size | 34 shares |
| Fresh issue | 68,23,528 |
| Type of issue | Mainboard Bookbuilt |
| Listing at | BSE, NSE |
| Total Issue Size (₹ Crore) | ₹290 crore |
| Minimum Investment | 1 lot or 34 Shares |
MV Electrosystems IPO Timeline
Below is the complete schedule of events for the MV Electrosystems IPO.
| Bid Opening | 30 July 2026 |
| Bid Closing | 03 August 2026 |
| Tentative Allotment | 04 August 2026 |
| Initiation of Refunds | 05 August 2026 |
| Credit of Shares to Demat | 05 August 2026 |
| Tentative Listing Date | 06 August 2026 |
| UPI mandate closing date | 03 August 2026 |
Key Performance Indicators of MV Electrosystems IPO
These financial ratios highlight the company’s profitability, capital efficiency, and overall financial performance over the past three financial years.
| 31-03-2026 | 31-03-2025 | 31-03-2024 | |
| ROE (%) | (31.55) | 8.04 | 4.44 |
| ROCE (%) | (17.69) | 22.13 | 14.11 |
| Debt Equity (in times) | 0.80 | 1.54 | 1.67 |
| RoNW (%) | (20.29) | 7.73 | 3.92 |
| PAT Margin (%) | (25.36) | 2.17 | 1.10 |
| EBITDA margin (%) | (19.97) | 13.80 | 12.67 |
| Price to book | 13.90 |
MV Electrosystems IPO Financial Details
The Financial information of the MV Electrosystems IPO is as follows.
| FY 2025-2026 | FY 2024-2025 | FY 2023-2024 | |
| Revenue | 49.428 | 62.637 | 49.957 |
| Total Asset | 145.737 | 74.119 | 65.580 |
| Profit | (12.629) | 1.403 | 0.557 |
(Amount in ₹ Crores)
MV Electrosystems IPO Subscription Status
The subscription data is not available yet.
Bidding is open from 10:00 AM to 5:00 PM on public issue days.
MV Electrosystems IPO Grey Market Premium (GMP)
The current status of Grey Market Premium for MV Electrosystems IPO is showing ₹75. According to the status, the estimated listing price is ₹500 with a 17.65% rate for estimated profit.
| GMP Date | GMP | Est. Listing Price | Est. Gain | Last updated |
| 27-07-2026 | ₹75 | ₹500 | 17.65% | 27-07-2026, 14:53 |
| 26-07-2026 | ₹75 | ₹75 | 0.00% | 26-07-2026, 23:29 |
| 25-07-2026 | ₹60 | ₹60 | 0.00% | 25-07-2026, 23:34 |
MV Electrosystems IPO Reservation
The following table shows the distribution of shares reserved for retail investors, QIBs, and NIIs under the IPO.
| Investor Category | Offered No. of Shares |
| QIBs | Not less than 75% of the net issue |
| NIIs | Not more than 15% of the net issue |
| Retails | Not More than 10% of the shares offered |
| Total |
MV Electrosystems IPO Lot Sizes
Investors can refer to the minimum and maximum investment requirements for each investor category as per the prescribed lot size.
| Application | Lot | Shares | Amount |
| Retail(Min) | 1 | 34 | ₹14,450 |
| Retail (Max) | 13 | 442 | ₹1,87,850 |
| S-HNI (Min) | 14 | 476 | ₹2,02,300 |
| S-HNI (Max) | 69 | 2,346 | ₹9,97,050 |
| B-HNI (Min) | 70 | 2,380 | ₹10,11,500 |
MV Electrosystems IPO Prospectus
Investors can access the offered prospectus for the MV Electrosystems IPO mentioned below.
About MV Electrosystems Ltd.
MV Electrosystems Ltd. is a business engaged in the electrical engineering and power solutions segment, which was incorporated in 2009. The company’s main products are propulsion equipment and cable protection and management products. They mostly work in design, development, assembly, and manufacturing for commercial and industrial applications.
The company works with Indian Railways, Make in India equipment, and is expanding the network. With the help of this IPO, the company aims to enhance its working capital, invest in R&D, and for general corporate purposes.
Promoters:
- Mohit Vohra
- Amit Dhawan
- Sumit Dhawan
- Rahul Dhawan
- Sonali Dhawan
- Ramendra Pratap Singh
| Book Runner | Sundae Capital Advisors Pvt. Ltd. |
| Issue Registrar | Kfin Technologies Ltd. |
Purpose of MV Electrosystems IPO
The company intends to deploy the funds raised through this public issue toward specific operational and strategic goals, as detailed in the table below.
| Particulars | Amount in ₹ Crores |
| For Working Capital | 180.00 |
| For investing in R&D for new equipments | 21.0 |
| General Corporate Purpose | _ |
| Total | _ |
MV Electrosystems Ltd.- Strengths and benefits
- The company operates in a growing industry, producing equipment for infrastructure and power generation investments. They facilitate in-house designing and developing of the equipment.
- Indian Railways have been a long-term and significant customer for the business.
- The company has an expert management team with efficient promoters, maintaining work efficiency and implementation skills.
MV Electrosystems Ltd- Risks and limitations
- The company’s recent financial performance has been negative, indicating poor performance.
- The business may be affected by changes in raw material procurement, implementation delays, and overall market conditions.
- Due to poor financial performance, the profitability of the business also shows negative results.
MV Electrosystems IPO Review
The MV Electrosystems IPO is an opportunity to explore the engineering and industrial solutions sectors. The IPO is open for bidding from 30 July 2026 and closes on 3 August 2026. The objective of the IPO is to support the company’s working capital, R&D funding, and general corporate purposes. The IPO is doing well in the GMP, with a GMP of ₹75 and an estimated listing price of ₹500.
However, the company’s performance is weak and shows negative numbers. Therefore, investors must evaluate and analyse the fundamentals and other important details before investing.
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MV Electrosystems IPO FAQs
MV Electrosystems IPO is a mainboard book-built public issue through which the company aims to raise approximately ₹290 crore by issuing fresh equity shares.
You can apply online through your stockbroker or bank using the ASBA facility or a supported UPI application.
The IPO has both opportunities and risks. Investors should evaluate the company’s financial performance, valuation, and business outlook before investing.
The IPO opens for subscription on 30 July 2026.
The minimum application size is 1 lot or 34 shares.
The tentative allotment date is 4 August 2026.
The tentative listing date is 6 August 2026, subject to the completion of the IPO process.
