MV Electrosystem
06 Aug '26MAINBOARD
Min. Investment
₹13,600
Issue size
₹290 Cr
GMP
Locked
Overall subscription: 3.62x
Expert verdict
IPO dates
30 Jul
Opening
03 Aug
Closing
04 Aug
Allotment
06 Aug
Listing
*Refunds will be initiated on 05 Aug '26
IPO quota
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 34 | ₹14,450 |
| HNI (Min) | 14 | 476 | ₹2,02,300 |
Subscription (as on 30 July 2026, 05:30 PM)
Overall3.62x
Qualified institutional buyers
Non-Institutional Buyers
Retail Investors
Employee
About company
Founded: 2009|MD: Mr Pankaj Rastogi
- MV Electrosystems Limited is a technology-driven company engaged in the design, development, assembly, and manufacturing of electrical and power electronics equipment for railway rolling stock.
- Its product portfolio includes IGBT-based three-phase drive propulsion equipment for electric locomotives, switchgear panels for railway coaches and electric multiple units (EMUs), cable protection and management products, and other electrical components, systems, and sub-systems.
- The company commenced commercial supplies of its indigenously designed IGBT-based three-phase drive propulsion equipment to Indian Railways in March 2026 after receiving approval from Chittaranjan Locomotive Works (CLW). MV Electrosystems operates an assembly and manufacturing facility at Baghola, Palwal, Haryana, supported by an in-house research, design, and development centre in Faridabad, Haryana. The R&D centre, recognised by the Department of Scientific and Industrial Research (DSIR) in June 2026, focuses on developing railway power electronics, propulsion technologies, and control systems.
Issue Details & Objective
Lot size
34 Shares
Price band
₹400 to 425
Face value
₹5 per share
Financials
IPO reservation
Anchor investor - 45.00%
QIB - 30.00%
HNI - 15.00%
Retail - 10.00%
Download DRHP (IPO Doc)FAQs
Our SEBI-registered investment advisors give out verdicts for each IPO. You can refer to their expert verdict at the top of this page. Please note that these verdicts are for informational purposes only and should not be construed as investment advice. Markets are subject to risk, and investors should exercise their own discretion and diligence.
The issue size of MV Electrosystem IPO is ₹290 Cr
The MV Electrosystem IPO will be open for applications from 30 Jul '26 to 03 Aug '26
The lot size of MV Electrosystem IPO is 34 Shares and its minimum investment amount is ₹13,600.
Grey market premium (GMP) is a premium amount at which grey market IPO shares are traded before they get listed in the stock exchange. The GMP for MV Electrosystem IPO is null
