MV Electrosystems Ltd.
NSE & 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
IPO Registrar
KFIN Technologies Ltd.
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 disclosure
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
IPO FAQs
The MV Electrosystems Ltd. IPO has a total of ₹169 crore, calculated at the upper end of the .
The MV Electrosystems Ltd. IPO is priced at ₹400–425 per share. bids must fall within this , against a of ₹5 per share.
The for the MV Electrosystems Ltd. IPO is 34 shares, which is also the minimum order quantity — you have to apply for at least 34 shares, and in multiples of 34 beyond that.
The minimum investment in the MV Electrosystems Ltd. IPO is about ₹13,600 — one lot of 34 shares, calculated at the lower end of the .
Bidding at the cut-off or upper price raises the amount blocked in your account.
The MV Electrosystems Ltd. opens on 30 Jul 2026 and closes on 3 Aug 2026.
Applications have to be in before 5:00 PM IST on the closing day, and your UPI mandate needs to be approved by then as well.
MV Electrosystems Ltd. shares were listed on 6 Aug 2026 on BSE and NSE.
KFIN Technologies Ltd. is the for the MV Electrosystems Ltd. IPO.
The registrar processes the , refunds and the credit of shares to your demat account, so allotment-status queries go to them.
MV Electrosystems Ltd. IPO shares are listed on BSE and NSE.
Each MV Electrosystems Ltd. share has a of ₹5.
Face value is the nominal value recorded in the company's books and is separate from the issue price you pay.
held 78.75% of MV Electrosystems Ltd. before the IPO, which falls to 57.68% after the issue.
39,87,491 shares of MV Electrosystems Ltd. are being offered to the public in this issue.
The MV Electrosystems Ltd. IPO has been subscribed 188.85x overall — 90.47x, 374.58x and 205.42x.
figures update through the issue period until it closes.
- 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
Sundae Capital Advisors Pvt Ltd. is the book running lead manager for the MV Electrosystems Ltd. IPO.
Pre-apply means placing your MV Electrosystems Ltd. application before the subscription window actually opens. The bid is held and forwarded to the exchange on the opening day, so you don't have to submit it in the rush of the first morning.
Applying early doesn't improve your chances — when an issue is oversubscribed, the for investors is decided by a lottery, not by who applied first. Your money is only blocked once the application reaches the exchange.
You can apply in the MV Electrosystems Ltd. IPO online using either UPI or ASBA as the payment method. ASBA applications are made through the net banking of a bank account that supports IPO applications — the bank blocks the amount in your account instead of debiting it. UPI applications are offered by brokers that don't provide banking services: you enter your UPI ID and then approve the mandate request in your UPI app.
Either route needs a demat account. You bid for at least one lot, at a price within the or at the cut-off price, and the money stays blocked in your bank account until the is finalised.
Your broker or bank confirms the bid once it has been submitted to the exchange, usually within a few minutes during the bidding window. A UPI application only goes live after you approve the mandate request — ignore it and the bid lapses, even though it looks placed.
You can check the MV Electrosystems Ltd. bid independently on the NSE or BSE IPO bid-verification page a day after applying. An ASBA application also shows up as a blocked amount in your bank statement.