MV Electrosystems Makes Strong Market Debut; Shares List at 22% Premium
MV Electrosystems Limited made a strong stock market debut on Thursday, August 6, 2026, with its shares listing at an 22.35% premium on the NSE. The stock opened at ₹520 on the NSE against its IPO issue price of ₹425 per share. On the BSE, the shares debuted at ₹519, representing a 22.12% premium over the issue price.
The ₹290.00 crore public issue was open for subscription from July 30 to August 3, 2026, and received robust investor demand with the issue being subscribed 188.85 times by the end of the bidding period.
MV Electrosystems IPO - Issue Details
- Issue Type: Book Built Issue (Fresh Issue Only)
- Total Issue Size: Up to ₹290.00 crore
- Fresh Issue: Up to ₹290.00 crore
- Offer for Sale (OFS): Not Applicable
- Face Value: ₹5 per equity share
- Price Band: ₹400 to ₹425 per share
- Lot Size: 34 shares
- Minimum Investment for Retail Investors: ₹14,450 (34 shares) (based on upper price)
- Listing: BSE, NSE
- Book Running Lead Managers: Sundae Capital Advisors Private Limited
- Registrar: KFin Technologies Limited
MV Electrosystems IPO Overall Subscription Status
[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 |
About MV Electrosystems Limited
Established in 2009, MV Electrosystems Limited offers technology-driven electrical and power electronics solutions for the railway industry. The company designs, develops, assembles, and manufactures products such as propulsion systems for electric locomotives, switchgear panels for railway coaches and EMUs, cable management systems, and various electrical components and sub-systems used in rolling stock.
The company supports the growth of India's railway infrastructure through solutions aligned with railway electrification, the Make in India initiative, and high-speed rail projects. Backed by in-house engineering expertise, it develops proprietary traction and propulsion technologies for electric locomotives, metro rail systems, MEMUs, EMUs, and Vande Bharat trains.
Key Financial Highlights
|
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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