MV Electrosystems IPO
Explore the complete MV Electrosystems IPO details, including price, GMP, dates, lot size, financials, subscription status, allotment, listing, and company overview.
MV Electrosystems IPO Details
MV Electrosystems IPO is a book build issue of ₹290.00 crores. The issue is entirely a fresh issue of 0.68 crore shares of ₹290.00 crore.
MV Electrosystems IPO Timeline (Tentative)
The tentative timeline for the MV Electrosystems IPO includes the IPO opening and closing dates, basis of allotment, refund initiation, demat credit, and expected listing date. The schedule below is based on available information and may be updated if the company or the stock exchanges announce any changes.
| Event | Tentative Date |
|---|---|
| IPO Open Date | Thu, Jul 30, 2026 |
| IPO Close Date | Mon, Aug 3, 2026 |
| Basis of Allotment | Tue, Aug 4, 2026 |
| Initiation of Refunds | Wed, Aug 5, 2026 |
| Credit of Shares to Demat | Wed, Aug 5, 2026 |
| Listing Date | Thu, Aug 6, 2026 |
| DRHP Filed | To be Announced |
| RHP Filed | To be Announced |
| Anchor Investor Bidding | To be Announced |
| IPO Opens | To be Announced |
| IPO Closes | To be Announced |
| Basis of Allotment | To be Announced |
MV Electrosystems IPO Lot Size
Investors can bid for a minimum of 34 shares and in multiples thereof.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 34 | 14,450 |
| Retail (Max) | 13 | 442 | 1,87,850 |
| S-HNI (Min) | 14 | 476 | 2,02,300 |
| S-HNI (Max) | 69 | 2,346 | 9,97,050 |
| B-HNI (Min) | 70 | 2,380 | 10,11,500 |
MV Electrosystems IPO Reservation
The MV Electrosystems IPO reserves 75% for QIBs, 15% for NIIs and 10% for retail investors.
MV Electrosystems IPO Subscription
The MV Electrosystems IPO subscription status shows the number of times the issue has been subscribed by different investor categories during the IPO bidding period. Subscription figures are updated periodically while the IPO remains open and indicate the level of investor demand across Retail, QIB, NII/HNI, Employee, and other eligible categories.
| Category | Subscription (times) |
|---|---|
| Qualified Institutional Buyers (QIB) | To be Updated |
| Non-Institutional Investors (NII/HNI) | To be Updated |
| Retail Individual Investors (RII) | To be Updated |
| Employee (if applicable) | To be Updated |
| Shareholders (if applicable) | To be Updated |
About MV Electrosystems
Incorporated in 2009, MV Electrosystems Ltd. is engaged in 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.
The company operate within India’s rail infrastructure transition driven by mandated broad-gauge electrification, Make-inIndia procurement requirements and the expansion of the network, including upcoming high-speed corridors. MV Electrosystems Ltd. operates through integrated design, production, and quality-testing processes. The company emphasizes innovation, precision engineering, and client-centric solutions, enabling reliable performance and long-term value across diverse industries and product categories.
Products:
- Propulsion Equipment
- Cable protection & management products
The company has in-house Research, Design & Development Centre based at Plot No. 7, Site No. 2, 14/3, Mathura Road, Faridabad, Haryana, India is the technological backbone of our operations, dedicated to innovation, engineering and advancement of complex and high-performance power electronics and other railway systems.
As of May 31, 2026. the company had 206 employees.
Competitive Strengths:
- Engineering and systems design focused railways company with strong in-house research, design & development capabilities for highly engineered and complex railway systems, combining precision and domain expertise.
- Ability to create precision driven design & development capabilities and safety critical & complex railway electric equipment acts as high barriers to entry in this segment.
- Long-standing and deep relationship with Indian Railways
- Experienced Promoter and management team with strong implementation skills and operational effectiveness.
Strengths
- * Established presence in the electrical and power equipment industry.
- * Diverse portfolio of electrical engineering and power distribution solutions.
- * Strong relationships with government departments, public sector undertakings (PSUs), and private sector clients.
- * Experienced promoters and management team with industry expertise.
- * Healthy order book providing revenue visibility.
- * Focus on quality standards, timely project execution, and customer satisfaction.
- * Expansion plans supported by the IPO proceeds to strengthen business operations and future growth.
Risks to Consider
- * A significant portion of revenue may depend on government and infrastructure projects, making the business sensitive to delays in approvals and project execution.
- * The company operates in a highly competitive industry with competition from established domestic and international players.
- * Delays in executing projects or cost overruns could adversely affect profitability.
- * Fluctuations in the prices of raw materials such as copper, aluminium, and steel may impact operating margins.
- * The business is subject to various statutory approvals and regulatory compliance requirements.
- * Economic slowdowns or reduced capital expenditure in the power and infrastructure sectors may affect future demand.
- * Investors should carefully review the Risk Factors section of the Red Herring Prospectus (RHP) before making an investment decision.
MV Electrosystems Financials (₹ Cr)
The table below presents the key financial highlights of MV Electrosystems for the reported periods, including revenue, profit after tax (PAT), total assets, and net worth. These financial figures are sourced from the company's official DRHP/RHP and help investors evaluate its financial performance and overall business position before investing in the IPO.
| Period | Revenue | PAT | Total Assets | Net Worth |
|---|---|---|---|---|
| FY2026 | ₹ | ₹ | ₹ | ₹ |
| FY2025 | ₹ | ₹ | ₹ | ₹ |
| FY2024 | ₹ | ₹ | ₹ | ₹ |
KPIs & Valuation
The table below highlights the key financial and valuation metrics of MV Electrosystems, including profitability, return ratios, leverage, and valuation indicators. These KPIs help investors assess the company's financial health, operational efficiency, and valuation before making an investment decision. The figures are based on the latest financial information available in the company's DRHP/RHP.
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
- Funding long-term working capital requirements of the Company 180.00
Promoters, Lead Managers & Registrar
The following table provides key details about the promoters and the intermediaries associated with the MV Electrosystems IPO, including the Book Running Lead Manager (BRLM) and the Registrar to the Issue. These entities play an important role in managing the IPO process, regulatory compliance, allotment, and investor services. Investors can refer to this information for official IPO-related assistance and updates.
Promoters
Lead Managers (BRLM)
MV Electrosystems IPO Review
Last updated Jul 29, 2026.