MV Electrosystems Limited is launching its public issue through a book-built offering with a total issue size of ₹290.00 crore. The IPO consists entirely of a fresh issue of 0.68 crore equity shares, and no offer-for-sale component is included in this issue.
The subscription window for the IPO will remain open from July 30, 2026 to August 3, 2026. Based on the current schedule, the share allotment process is expected to be completed on August 4, 2026, while the company’s shares are proposed to be listed on the NSE and BSE on August 6, 2026.
The company has fixed a price band of ₹400 to ₹425 per share. Investors need to apply for a minimum lot of 34 shares, which requires an investment of approximately ₹14,450 at the upper price band.
Sundae Capital Advisors Pvt. Ltd. is acting as the Book Running Lead Manager for the issue, whereas KFin Technologies Ltd. has been appointed as the registrar to the IPO.
Investors are advised to review the Red Herring Prospectus(RHP) and other issue-related documents before making any investment decision.
MV Electrosystems IPO GMP Today
MV Electrosystems IPO last GMP is ₹109, last updated August 6 2026 09:51 am. With the upper price band of ₹425, MV Electrosystems IPO’s Estimated listing is ₹534 (cap price + today’s GMP). Tha expected percentage gain/loss per share is 25.65%
We update the GMP daily. Based on grey market activity over the last 10 session, the IPO’s GMP is trending upward today, indicating expectations of a strong listing. During this period, the GMP ranged from a low of ₹98 to a high of ₹133 . stay with us for the latest MV Electrosystems IPO GMP updates, daily price trends, and expected listing price.
| GMP Date | IPO Price | GMP | EST. Listing Price | EST. Profit* | Last Updated |
|---|---|---|---|---|---|
| 06-08-2026 | ₹425 | ₹109 | ₹534(25.65%) | ₹3706 | 09:51 |
| 05-08-2026 | ₹425 | ₹102 | ₹527(24.00%) | ₹3468 | 15:56 |
| 04-08-2026 | ₹425 | ₹98 | ₹523(23.06%) | ₹3332 | 15:20 |
| 03-08-2026 | ₹425 | ₹112 | ₹537(26.35%) | ₹3808 | 14:58 |
| 02-08-2026 | ₹425 | ₹110 | ₹535(25.88%) | ₹3740 | 09:29 |
| 01-08-2026 | ₹425 | ₹115 | ₹540(27.06%) | ₹3910 | 14:53 |
| 31-07-2026 | ₹425 | ₹133 | ₹558(31.29%) | ₹4522 | 16:05 |
| 30-07-2026 | ₹425 | ₹107 | ₹532(25.18%) | ₹3638 | 16:15 |
| 29-07-2026 | ₹425 | ₹106 | ₹531(24.94%) | ₹3604 | 15:31 |
| 28-07-2026 | ₹425 | ₹109 | ₹534(25.65%) | ₹3706 | 15:58 |
MV Electrosystems IPO Details
| IPO Open Date | 30-07-2026 |
| IPO Close Date | 03-08-2026 |
| Face Value | ₹ 5 per share |
| IPO Price Band | ₹400 to ₹425 per share |
| Issue Size | Approx ₹290 cr. |
| Fresh Issue | Approx ₹290 cr. |
| Issue Type | Book Building Issue |
| IPO Listing | NSE,BSE |
Issue Reservation
| Investor Category | Shares Offered |
|---|---|
| Retail Shares Offered | 10% |
| NII Shares Offered | 15% |
| QIB Shares Offered | 75% |
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.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 34 | ₹14,445 |
| Retail Maximum | 13 | 442 | ₹1,87,850 |
| S-HNI Minimum | 14 | 476 | ₹2,02,300 |
| S-HNI Maximum | 69 | 2346 | ₹9,97,050 |
| B-HNI Minimum | 70 | 2380 | ₹10,11,500 |
MV Electrosystems IPO Anchor Investors
| Anchor Bidding Date | 29-07-2026 |
| Shares Offered | 30,70,587 Shares |
| Lock-in period end date 50% shares(30 Days) | 28-08-2026 |
| Lock-in period end date 50% shares (90 Days) | 30-08-2026 |
MV Electrosystems IPO Dates
The MV Electrosystems IPO open 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: | 30-07-2026 |
| IPO Close Date: | 03-08-2026 |
| Basis of allotment: | 04-08-2026 |
| Refunds: | 05-08-2026 |
| Credit to Demat Account: | 05-08-2026 |
| IPO Listing Date: | 06-08-2026 |
Promoters and Holding Pattern
The business is promoted by Mohit Vohra, Amit Dhawan, Sumit Dhawan, Rahul Dhawan, Sonali Dhawan and Ramendra Pratap Singh. The promoter group holds a strong ownership stake in the company before the IPO and will continue to maintain a majority shareholding after the issue. Their continued participation highlights confidence in the company’s operations, growth plans and long-term value creation.
| Particular | Shares | % Share |
|---|---|---|
| Promoter Holding Pre Issue | 2,04,59,200 | 78.75% |
| Promoter Holding Post Issue | 2,72,82,728 | 76.92% |
Objects of the Issue & Utilisation of proceeds
| IPO Funds Utilisation | Amount (₹ Cr.) |
|---|---|
| Long-term Working Capital Requirements | 180.00 |
| Research & Development for New Power Electronic Equipment | 21.00 |
| General Corporate Purposes | Remaining Amount |
The company intends to utilize the net proceeds from the IPO primarily for strengthening its working capital position and supporting research & development initiatives. These investments are expected to enhance operational capabilities and support future business growth.
MV Electrosystems IPO Company Financial Report
| Period Ended | Revenue | Expense | Pat | Assets |
|---|---|---|---|---|
| 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 | ₹145.75 |
Key Performance Indicator (KPI)
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.
| KPI | Mar 31, 2026 |
|---|---|
| ROE | -31.55% |
| ROCE | -17.69% |
| EBITDA Margin | -19.97% |
| PAT Margin | -25.36% |
| Debt to equity ration | 0.80 |
| Earning Per Share(EPS) | ₹ -6.17 |
| P/E Ratio | -68.88 |
| Return on Net Worth (RoNW) | -20.29% |
| Net Asset Value(NAV) | ₹30.58 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| Hind Rectifiers Ltd | 13.10 | 88.83 | 21.37 | 60.69 | 999.13 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.
What is MV Electrosystems IPO Investors Portion?
The investors’ portion for QIB is 75%, NII is 15%, and Retail is 10%.
What is MV Electrosystems IPO Price Band?
MV Electrosystems IPO Price Band is ₹400 to ₹425.
What is MV Electrosystems IPO Issue Size?
MV Electrosystems IPO issue size is ₹290 crores.
What is MV Electrosystems IPO Lot Size?
The minimum bid is 34 Shares with ₹14,450 amount.
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.
What is the MV Electrosystems IPO Allotment Date?
MV Electrosystems IPO allotment date is August 4, 2026.
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.
Disclaimer
I am not a SEBI-registered Research Analyst, Investment Adviser, or any other SEBI-regulated financial professional. The information provided on this website regarding IPOs, GMP, stock markets, and other financial topics is for educational and informational purposes only.
The content published on this website should not be considered financial advice, investment advice, or a recommendation to buy, sell, or hold any security. Investors should conduct their own research and consult a SEBI-registered financial advisor before making any investment decisions.