MV Electrosystems Ltd.
BSE₹400–425
₹ 169 Cr
34 Shares
₹ 13,600
₹5
Financial Summary
| Particulars | FY 2025-26 | FY 2024-25 |
|---|---|---|
| 494.28 | 626.37 | |
| 3.63 | 19.99 | |
| 497.91 | 646.36 | |
| 590.84 | 552.08 | |
| -167.97 | 25.65 | |
| -126.29 | 14.03 |
Subscription Details
Subscription
IPO Timeline
IPO Offer Start
30 Jul 2026
IPO Offer Ends
3 Aug 2026
6 Aug 2026
Use of Proceeds
| # | Purpose | Amount (₹ Million) |
|---|---|---|
| 1 | Funding long-term working capital requirements of our Company | 1,800 |
| 2 | Investment in research design and development activities for new power electronic equipment | 210 |
| 3 | General Corporate Purpose | 535.59 |
Promoters
Book Running Lead Managers
Promoter Shareholding
Pre-IPO
78.75%
Promoter stake
Post-IPO
57.68%
Promoter stake
Offered to Public
39,87,491
shares
Post Share Capital
1,57,37,200
shares
About the Company
We are a technology-driven company engaged in the design, development, assembly and manufacturing of electrical & power electronics equipment used in railway rolling stock including IGBT based 3-Phase Drive Propulsion equipment for electric locomotives, switchgear panels for railway coaches & EMU’s, cable protection & management products and electrical components, systems & sub-systems. With a focus on indigenous innovation and sustainable rail transportation, we are aligned with national and global goals for self-dependence, rail electrification and decarbonization. On September 15, 2025, we have received approval from CLW, Indian Railways for our in-house designed and developed IGBT Based 3-Phase Drive Propulsion equipment (“3-Phase Propulsion Equipment”) which includes traction converter-inverter system, auxiliary converter, vehicle control units / train control management system and driver display units - all designed and developed by our Company indigenously to meet international safety and performance standards. Our Vehicle Control Unit is developed on high performance microprocessor based modular systems that provide complete traction and propulsion control of the entire locomotive hauled train with continuous monitoring and extensive fault diagnostics. We are now a part of the ongoing transformation in India’s rail infrastructure, driven by the Government of India’s focus on 100% electrification of broad-gauge routes, Make-in-India procurement mandates, and the expansion of railway network, including introduction of high speed trains. We are focussed towards research, design & development of electrical equipment & power electronics systems for usage in railways industry and to play a strategic role as a domestic manufacturer with technical capabilities, indigenous designed and developed propulsion equipment and in-house assembling cum manufacturing facilities. The ingenious in-house design & development of 3-Phase Propulsion Equipment for 6000 HP Locomotive is a key achievement of our Company which will lead the way for us to create various other energy efficient railway power conversion systems. Such developments requires expertise in multiple domains including, Electrical Engineering, Embedded Design, Software Development, Mechanical Engineering, Thermal Design & Instrumentation. With this in-house development and approval from CLW, we have become one among the global players that possess their proprietary technology for rail propulsion equipment.
Use of Proceeds
1. Funding long-term working capital requirements of our Company; 2. Investment in research design and development activities for new power electronic equipment; 3. General corporate purposes.
MV Electrosystems Ltd. Latest News
News
MV Electrosystems informs about newspaper publications
MV Electrosystems informs about Change in Management
MV Electrosystems lists with 22% premium on the BSE
The scrip is currently trading at Rs. 573.00, up by 148.00 points or 34.82% from its issue price
MV Electrosystems coming with IPO to raise Rs 308 crore
The issue will open for subscription on July 30, 2026 and will close on August 3, 2026
MV Electrosystems gets SEBI’s approval for Rs 290 crore IPO
The shares of the company are proposed to be listed on BSE and NSE