MV Electrosystems IPO Date, Review, Price, Allotment Details

MV Electrosystems IPO open date is July 30, 2026 and the IPO will close on August 3, 2026. MV Electrosystems IPO is a Bookbuilding Issue. The company to raise around ₹290 crores via IPO that comprises fresh issue of ₹290 crores and offer for sale up to [.] equity shares with face value of ₹5 each.

MV Electrosystems IPO price band is ₹400 to ₹425 per share. The retail quota is 10%, QIB is 75%, and HNI is 15%. MV Electrosystems IPO to list on BSE, NSE on August 6, 2026. The allotment of MV Electrosystems IPO date is August 4, 2026.

The company reported revenue of ₹49.79 crores in 2026 against ₹64.64 crores in 2025. The company reported loss of ₹12.63 crores in 2026 against profit of ₹1.40 crores in 2025. As per the financials the IPO investors should apply the IPO for a long term.

MV Electrosystems IPO

MV Electrosystems IPO Details

IPO Open DateJuly 30, 2026
IPO Close DateAugust 3, 2026
Face Value₹5 Per Equity Share
IPO Price Band₹400 to ₹425 Per Share
Issue SizeApprox ₹290 Crores
Fresh IssueApprox ₹290 Crores
Issue TypeBook Building Issue
IPO ListingBSE, NSE
DRHP Draft ProspectusPDF
RHP Draft ProspectusPDF

MV Electrosystems IPO Review & Key Points

  • Review: May Apply

MV Electrosystems IPO Market Lot

The MV Electrosystems IPO minimum market lot is 34 shares with ₹14,450 application amount. The retail investors can apply up-to 13 lots with 442 shares of ₹1,87,850 amount.

ApplicationLot SizeSharesAmount
Retail Minimum134₹14,450
Retail Maximum13442₹1,87,850
S-HNI Minimum14476₹2,02,300
S-HNI Maximum692,346₹9,97,050
B-HNI Minimum702,380₹10,11,500

IPO Reservation

Investor CategoryShare Offered-% Shares
Anchor Investor30,70,587 Shares45.00%
QIB (Ex. Anchor)20,47,060 Shares30.00%
NII Shares Offered10,23,529 Shares15%
Retail Shares Offered6,82,353 Shares10%

MV Electrosystems IPO Anchor Investors

Anchor Bidding DateJuly 29, 2026
Anchor Investors ListPDF
Shares Offered30,70,587 Shares
Anchor Size130.50 Cr.
lock-in period end date 50% shares (30 Days) Sep 3, 2026
lock-in period end date 50% shares (90 Days) Nov 2, 2026

MV Electrosystems IPO Dates

The MV Electrosystems IPO date is July 30 and the close date is August 3. The MV Electrosystems IPO allotment will be finalized on August 4 and the IPO listing on August 6.

IPO Open Date:July 30, 2026
IPO Close Date:August 3, 2026
Basis of Allotment:August 4, 2026
Refunds:August 5, 2026
Credit to Demat Account:August 5, 2026
IPO Listing Date:August 6, 2026

Promoters and Holding Pattern

The promoters of the company are Mohit Vohra, Amit Dhawan, Sumit Dhawan, Rahul Dhawan, Sonali Dhawan and Ramendra Pratap Singh.

ParticularShares% Share
Promoter Holding Pre Issue2,04,59,20078.75%
Promoter Holding Post Issue2,72,82,72876.92%

Objects of the Issue & Utilisation of proceeds

PurposeCrores
Funding long-term working capital requirements of the Company₹180.00
Investment in research design and development activities for new power electronic equipment₹21.00
General Corporate Purpose₹-

About MV Electrosystems IPO

MV Electrosystems is one of the leading electrical and power electronics equipment manufacturers for railway rolling stock. Its main products include indigenous IGBT-based 3-Phase Drive Propulsion Equipment for electric locomotives, switchgear panels for coaches and EMUs, cable protection systems and related electrical components. 

The firm focuses on the design, development, assembly, and production of electrical and power electronics equipment. Moreover, the firm has also received approval for the prototype of its in-house developed traction converter-inverter, auxiliary converter, vehicle control unit, and driver display systems. The firm has an R&D centre with its manufacturing facilities in Palwal, Haryana, that follows high-quality manufacturing standards. Moreover, the firm has developed its own propulsion technology (a technology that powers trains), one of the few companies to have this capability.

MV Electrosystems IPO Company Financial Report

Amount ₹ in Crores

Period EndedRevenueExpensePATAssets
2023₹68.13₹66.37₹1.19₹44.76
2024₹50.57₹49.47₹0.56₹65.58
2025₹64.64₹62.24₹1.40₹74.12
2026₹49.79₹66.59₹12.63₹145.74

MV Electrosystems IPO Valuation – FY2026

Check MV Electrosystems IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

KPIValues
ROE:(31.55%)
ROCE:(17.69%)
EBITDA Margin:(19.97%)
PAT Margin:(25.36%)
Debt to equity ratio: 0.80
Earning Per Share (EPS):₹(6.52) (Basic)
Price/Earning P/E Ratio:N/A
Return on Net Worth (RoNW):(20.29)%
Net Asset Value (NAV):₹30.58

Peer Group Comparison

CompanyEPSPE RatioRoNW %NAVIncome
Hind Rectifiers Limited13.1088.8321.3760.69999.13 Cr.

IPO Lead Managers aka Merchant Bankers

  • Sundae Capital Advisors Pvt. Ltd. 

Company Address

MV Electrosystems Ltd.
1207/89
12th Floor, Hemkunt Chambers,
Nehru Place,
New Delhi, New Delhi, 110019
Phone: +91 92 1199 9711
Email: cs@mvelectrosystems.com
Website: http://www.mvmobility.in/

IPO Registrar

Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: mvelectrosystems.ipo@kfintech.com
Website: https://ipostatus.kfintech.com/

MV Electrosystems IPO FAQs

What is MV Electrosystems IPO?

MV Electrosystems IPO is Mainboard IPO. The company is going to raise ₹290 Crores via IPO. The issue is priced at ₹400 to ₹425 per equity share. The IPO is to be listed on BSE & NSE.

When MV Electrosystems IPO will open for subscription?

The IPO is to open on July 30, 2026 for QIB, NII, and Retail Investors. The IPO will close on August 3, 2026.

What is MV Electrosystems IPO Investors Portion?

The investors’ portion for QIB is 75%, NII is 15%, and Retail is 10%.

How to Apply the MV Electrosystems IPO?

You can apply for MV Electrosystems IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

What is MV Electrosystems IPO Issue Size?

MV Electrosystems IPO issue size is ₹290 crores.

What is MV Electrosystems IPO Price Band?

MV Electrosystems IPO Price Band is ā‚¹400 to ₹425.

What is MV Electrosystems IPO Lot Size?

The minimum bid is 34 Shares with ₹14,450 amount.

What is the MV Electrosystems IPO Allotment Date?

MV Electrosystems IPO allotment date is August 4, 2026.

What is the MV Electrosystems IPO Listing Date?

MV Electrosystems IPO listing date is August 6, 2026. The IPO is to list on BSE & NSE.

Note: The MV Electrosystems IPO price band and date are officially announced. The (MV Electrosystems IPO grey market premium) will be added to the IPO GMP page as it will start).
Picture of Jagat Joshi

Jagat Joshi

Founder of IPOWatch, brings nearly 15 years of experience in IPO analysis and market research. He provides complete coverage of upcoming IPOs, subscription trends, grey market premiums (GMP), and post-listing performance, along with easy-to-understand reviews, insights, and analysis. In his working journey, he has worked with various platforms and received expertise in stock market analysis and primary markets.
Picture of Jagat Joshi

Jagat Joshi

9 Responses

  1. I am retired person from private farm since 6 months, and I have no idea about share market. Please guide me about this company, Shall I invest in this ipo

    1. Hello Ravindraji,
      Since you’re new to the stock market, I would suggest not investing in any IPO just because of the hype. First, understand the company’s business, financials, valuation, and the risks involved.

      If this IPO fits your risk appetite and long-term investment goals, then you may consider applying. Otherwise, it’s perfectly fine to skip it—there will always be more opportunities in the market.

      Please do your own research or consult a SEBI-registered investment advisor before making any investment decision.

      Wishing you the very best on your investment journey!

Join WhatsApp Channel