Mv Electrosystems Limited
Mainboard IPO
Risk analysis not yet reviewed. ClearIPO publishes risk factors only after a manual review of the offer document.
Last updated 03 Aug 2026
Key details
- Price band
- ₹400 to ₹425
- Face value
- Rs 10
- Lot size
- 34 shares
- Minimum investment
- Rs 14,450
- Issue size
- Rs 290 Cr
- Fresh issue
- Rs 290 Cr
- Retail quota
- 35%
- Exchanges
- BSE, NSE
- Opening date
- 30 Jul 2026
- Closing date
- 03 Aug 2026
- Allotment date
- 04 Aug 2026
- Listing date
- 06 Aug 2026
3 further details have not been reported for this issue yet, so they are left out rather than estimated.
Explain this IPO simply
The same information as the prospectus, written the way you would explain it to a friend.
What the company does
MV Electrosystems Limited manufactures switchgear panels for railway coaches and EMUs, cable protection and interconnected products, and electrical components, systems, and sub-systems for railway rolling stock. The company operates through its assembling cum manufacturing facilities in Haryana, along with a dedicated Research, Design and Development Centre. Its operations expand into power electronics equipment, including the development, assembly, and supply of microprocessor-controlled IGBT-based 3-Phase Drive Propulsion Equipment for Indian Railways. The company generates revenue by selling its products directly and through tenders to public- and private-sector clients, with Indian Railways as its primary customer. MV Electrosystems’ offerings also include annual maintenance services following warranty periods for its propulsion equipment. Discuss on Trading Q&A
No hand-checked analysis for this issue yet
Subscription status
Not reported
Final subscription figures were not reported by the source.
Grey market premium
Unofficial and unregulated
- Current GMP
- Rs 115
- Previous GMP
- Rs 115
- Indicative level only
- Rs 540
Updated 2026-08-03T06:23:35.954Z. Source: IPO Watch grey market tracker, not an exchange or regulator. Figures are checked against this IPO's issue price before publication.
Important documents
IPO timeline
IPO opens
30 Jul 2026
First day you can apply.
IPO closes
03 Aug 2026
Last day to apply, usually by evening.
Allotment
04 Aug 2026
Who gets shares is decided.
Refund / unblock
05 Aug 2026
Blocked money is released if you did not get shares.
Shares in demat
05 Aug 2026
Allotted shares reach your demat account.
Listing day
06 Aug 2026
Shares start trading on the exchange.
Frequently asked questions
Where this information comes from
- Last updated
- 2026-08-03T03:05:22.231Z
- Last verified
- 2026-08-03T03:05:22.231Z
- Primary source
- bse
- Secondary source
- Exchange filings