MV Electrosystems IPO GMP Day 2: Day 1 Subscribed 3.87x
- August 3, 2026
- Posted by: Kunal Singla
- Category: IPO
MV Electrosystems IPO Day 2 today. Day 1 subscribed 3.87x, retail 4.25x+. Price band Rs 400-425. Issue Rs 290 Cr. Closes 3 Aug. Lists 6 Aug.
The MV Electrosystems IPO GMP Day 2 update follows a strong opening day, with the mainboard railway equipment issue getting fully subscribed within hours and closing Day 1 at 3.87 times overall demand. This MV Electrosystems IPO GMP Day 2 guide covers the latest subscription trend, price band and where to check informal grey market data.
Univest does not publish grey market premium figures for the MV Electrosystems IPO. Investors tracking informal grey market activity can check platforms such as InvestorGain, Chittorgarh, IPO Watch or IPO Central instead. Grey market premium is an unofficial and unregulated indicator collected informally outside the stock exchanges. It is not published, verified or endorsed by SEBI, NSE or BSE, can vary widely between trackers, and is not always accurate. Investors should not treat GMP as a guarantee of listing performance or use it as the sole basis for an investment decision.
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MV Electrosystems IPO GMP Day 2 Key Issue Details
| Parameter | Details |
|---|---|
| Price Band | Rs 400 to Rs 425 per share |
| Lot Size | 34 shares |
| Minimum Investment (Retail) | Rs 14,450 at the upper price band |
| Issue Size | Rs 290 crore (100% fresh issue, no OFS) |
| Exchange | NSE and BSE (Mainboard) |
| Open Date | 30 July 2026 |
| Close Date | 3 August 2026 |
| Allotment Date | 4 August 2026 (tentative) |
| Listing Date | 6 August 2026 (tentative) |
| Investor Quota | QIB 75% (incl. anchor), NII 15%, Retail 10% |
MV Electrosystems IPO GMP Day 2: Day 1 Subscription Recap
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MV Electrosystems got fully subscribed within hours of opening on 30 July, and by close of Day 1 the issue had received bids for 3.87 times the shares on offer. Retail investors led demand with subscription above 4.25 times their reserved portion, while the non-institutional category was subscribed around 91%. The qualified institutional buyer quota remained largely unbid on Day 1, which is typical, since QIBs tend to place most of their bids on the closing day. This MV Electrosystems IPO GMP Day 2 update will track how QIB demand builds today.
Ahead of the issue opening, MV Electrosystems mobilised Rs 130.5 crore from anchor investors including Kotak Mutual Fund, 360 ONE Prime, Founders Collective Fund, Subhkam Ventures, Ashika Global Finance, Finavenue Growth Fund and Shine Star Build Cap, reflecting institutional confidence ahead of the retail-heavy opening day.
MV Electrosystems IPO GMP Day 2: About the Company
MV Electrosystems Ltd, incorporated in 2009, designs, develops, assembles and manufactures electrical and power electronics equipment for railway rolling stock. Its product portfolio includes IGBT-based three-phase drive propulsion systems for electric locomotives, switchgear panels for railway coaches and EMUs, cable protection and management products, and other railway electrical systems, supported by an in-house research and design centre in Faridabad, Haryana.
The company benefits from India’s ongoing railway electrification push and the Make in India manufacturing ecosystem, positioning it within a sector with strong government capital expenditure visibility, a key theme in today’s MV Electrosystems IPO GMP Day 2 coverage.
MV Electrosystems IPO GMP Day 2: Financial and Issue Snapshot
| Parameter | Details |
|---|---|
| Issue Structure | 100% fresh issue of equity shares, no OFS component |
| Anchor Investment | Rs 130.5 crore raised from anchor investors |
| Day 1 Subscription | 3.87 times overall; retail over 4.25 times |
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Where to Check MV Electrosystems IPO GMP Today
Univest does not display or track grey market premium figures for the MV Electrosystems IPO. Investors who want to follow informally reported grey market activity can check dedicated IPO tracking platforms such as InvestorGain, Chittorgarh, IPO Watch or IPO Central, which compile these figures from unofficial market sources.
Note: Grey market premium is an unofficial and unregulated indicator collected informally outside the stock exchanges. It is not published, verified or endorsed by SEBI, NSE or BSE, can vary widely between trackers, and is not always accurate. Investors should not treat GMP as a guarantee of listing performance or use it as the sole basis for an investment decision.
Should You Apply Based on the MV Electrosystems IPO GMP Day 2 Review
The strong Day 1 retail response and a healthy anchor book from established mutual funds point to solid near-term demand for MV Electrosystems. Investors should still weigh sector-specific risks, including heavy dependence on railway sector orders and exposure to a small number of large customers, and are encouraged to consult a SEBI-registered financial advisor before applying.
How to Apply Based on the MV Electrosystems IPO GMP Day 2 Update
Retail investors following this MV Electrosystems IPO GMP Day 2 guide can apply through ASBA via their bank’s net banking portal or through the UPI route offered by most stockbrokers. Select the MV Electrosystems issue, choose the cut-off price or a specific bid price within the band, enter the number of lots, and approve the mandate before the issue closes on 3 August 2026.
Conclusion
This MV Electrosystems IPO GMP Day 2 update shows a strong retail-led start with the issue already fully subscribed after Day 1. Attention now turns to QIB participation over the remaining sessions of this MV Electrosystems IPO GMP Day 2 window, which will be the clearer signal of institutional confidence ahead of the 3 August closing date.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions on MV Electrosystems IPO GMP Day 2
What is the MV Electrosystems IPO GMP Day 2 subscription status?
Ans. MV Electrosystems IPO was subscribed 3.87 times overall on Day 1, with retail demand above 4.25 times the reserved portion, while the QIB quota remained largely unbid until later sessions.
What is the MV Electrosystems IPO GMP Day 2 GMP today?
Ans. Univest does not publish grey market premium figures. Grey market premium is an unofficial and unregulated indicator collected informally outside the stock exchanges. It is not published, verified or endorsed by SEBI, NSE or BSE, can vary widely between trackers, and is not always accurate. Investors should not treat GMP as a guarantee of listing performance or use it as the sole basis for an investment decision.
What is the MV Electrosystems IPO price band?
Ans. The price band is Rs 400 to Rs 425 per share, with a lot size of 34 shares.
How much did MV Electrosystems raise from anchor investors?
Ans. MV Electrosystems raised Rs 130.5 crore from anchor investors including Kotak Mutual Fund and 360 ONE Prime ahead of the IPO opening.
When does the MV Electrosystems IPO close and list?
Ans. The IPO closes on 3 August 2026, with allotment expected on 4 August and listing on NSE and BSE tentatively scheduled for 6 August 2026.
How can I apply for the MV Electrosystems IPO?
Ans. Retail investors can apply via ASBA through their bank’s net banking portal or through the UPI route offered by most stockbrokers.
Where can I check the MV Electrosystems IPO subscription status?
Ans. Live, exchange-published subscription data is available directly on the NSE and BSE bidding portals during market hours.
