MV Electrosystems came to market through an IPO that opened on 30 July 2026 and closed on 3 August 2026, and the shares listed on 6 August 2026 on BSE, NSE. The price band was ₹400 to ₹425 per share and one lot was 34 shares, so the minimum application was ₹14,450. The issue size was ₹290 crore. The whole issue was fresh shares, so the money raised went to the company.
It listed at ₹520, a gain of 22.4% against the issue price of ₹425. Kfin Technologies Limited was the registrar to the issue, and Sundae Capital Advisors Pvt.Ltd was the lead manager.
As of 3 August 2026.
| Day |
|---|
| 1 |
| 2 |
| 3 |
Overall the issue was subscribed 200.66 times.
MV Electrosystems Ltd. specializes in customized electronic and electromechanical products. Since its inception, the company has concentrated on producing excellent products that serve various industrial, commercial, and technological requirements. The company produces a broad variety of electronic components, control units, and electrical systems. It provides products for areas like electricity distribution, industrial automation, infrastructure, and equipment manufacturing industries. MV Electrosystems Ltd. combines design, manufacturing, and quality assessment of its products in one system.
The company highlights innovations, engineering expertise, and customer-oriented solutions to offer excellent reliability and cost-effectiveness.
As described in the offer document.
| Metric | 31-Mar-26 | 31-Mar-25 | 31-Mar-24 |
|---|
MV Electrosystems Limited finalised its anchor investor allocation on July 29, 2026, raising ₹130.50 crore from 14 institutional investors at an anchor price of ₹425 per share. The anchor book comprises 30,70,587 equity shares allocated across domestic mutual fund schemes and non-mutual fund institutional investors.
Kotak Mutual Fund is the sole domestic mutual fund participant, with 12,35,118 shares (40.22%) allocated across three schemes — Kotak Infrastructure and Economic Reform Fund (18.28%), Kotak Manufacture in India Fund (10.97%), and Kotak Special Opportunities Fund (10.97%). Subhkam Ventures (I) Private Limited received the largest non-MF allocation at 13.79%, followed by Shine Star Build Cap Private Limited at 7.66% and Founders Collective Fund at 5.36%.
Mohit Vohra, Amit Dhawan, Sumit Dhawan, Rahul Dhawan, Sonali Dhawan, Ramendra Pratap Singh. Promoter holding 76.92% before the issue and 57.68% after.
Work out the listing gain for this IPO
If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.
The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.
Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.
Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.
For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.
MV Electrosystems IPO was a ₹290 crore book-built issue, made up entirely of a fresh issue. It was priced at ₹400–₹425 per share with a lot size of 34 shares (₹14,450). The IPO was open from July 30 to August 3, 2026 and was subscribed 200.66x. Shares listed on BSE and NSE on August 6, 2026 at ₹520, a 22.4% premium to the issue price of ₹425. Kfin Technologies Limited is the registrar. Sundae Capital Advisors Pvt. Ltd.
is the book running lead manager.
The price band of MV Electrosystems IPO is ₹400 to ₹425 per share.
The lot size of MV Electrosystems IPO is 34 shares.
The minimum investment for MV Electrosystems IPO is approximately ₹14,450 based on the upper price band.
The allotment date of MV Electrosystems IPO is Aug 4, 2026.
No GMP quote could be verified as recorded before MV Electrosystems IPO listed. A grey-market observation of ₹95 per share was recorded on 6 Aug 2026, 8:15 AM IST, but without a verified listing timestamp it is not treated as the final pre-listing GMP. The shares listed at ₹520. GMP is unofficial and does not forecast or guarantee the actual listing price.
MV Electrosystems IPO listed on Aug 6, 2026. It was issued at ₹520.0(NSE) and is currently around ₹720.00 as on 30-Oct-2026 3:30 PM, which is approximately 69.4% versus issue price. The 52-week high is ₹1,015.00.
You can check MV Electrosystems IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the MV Electrosystems IPO allotment status on Rupix for quick and easy access.
₹400 to ₹425 per share, against a face value of ₹5. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.
One lot was 34 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹14,450.
₹14,450, for one lot of 34 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.
It opened on 30 July 2026 and closed on 3 August 2026.
The basis of allotment was published on 4 August 2026 by Kfin Technologies Limited, and allotted shares were credited to demat accounts before listing.
The shares listed on 6 August 2026 on BSE, NSE, opening at ₹520.
The issue size was ₹290 crore. The fresh issue was 68,23,528 shares (aggregating up to ₹290 crore).
It listed at ₹520 against an issue price of ₹425, a gain of 22.4 percent on listing day.