The allotment status for the ₹290 crore MV Electrosystems IPO is likely to be finalised today, August 4, 2026. Investors can check their IPO allotment status on the official websites of the NSE, BSE, and the IPO registrar, KFin Technologies Limited.
Following the completion of the allotment process, the shares are tentatively scheduled to be listed on the NSE and BSE on August 6, 2026.
[August 3, 2026, 7:00 PM]
|
Category |
Subscription (x) |
|
Qualified Institutional Buyers (QIBs) |
90.47x |
|
Non-Institutional Investors (NIIs) |
374.58x |
|
Retail Individual Investors (RIIs) |
205.42x |
|
Total |
188.85x |
Incorporated in 2009, MV Electrosystems Limited provides technology-led electrical and power electronics solutions for the railway sector. The company designs, develops, assembles, and manufactures a wide range of products, including propulsion systems for electric locomotives, switchgear panels for railway coaches and Electric Multiple Units (EMUs), cable protection and management systems, and other electrical components and sub-systems used in railway rolling stock.
The company plays a role in supporting India's railway infrastructure expansion through solutions aligned with railway electrification, the Make in India initiative, and high-speed rail projects. Its in-house engineering capabilities enable it to develop proprietary traction and propulsion technologies for electric locomotives, metro rail systems, Mainline Electric Multiple Units (MEMUs), EMUs, and Vande Bharat trains.
|
Particulars |
FY26 (in ₹ crore) |
FY25 (in ₹ crore) |
FY24 (in ₹ crore) |
|
Revenue from operations |
49.43 |
62.64 |
49.96 |
|
EBITDA |
(9.94) |
8.91 |
6.41 |
|
Profit After Tax |
(12.63) |
1.40 |
0.56 |
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