MV Electrosystems Limited IPO
listed · NSE · Bookbuilding IPO
MV Electrosystems Limited IPO was a ₹290 crore book-built issue on NSE with a price band of ₹400–₹425 per share, open for bidding from 30 Jul 2026 to 3 Aug 2026.
Last updated: · How we collect data
Company overview
- Website
- https://www.mvelectrosystems.com/
IPO overview
MV Electrosystems Limited raised ₹290 crore through a book-built issue, made up entirely of new shares, so the proceeds go to the company.
Bids were accepted within a price band of ₹400–₹425 per share (face value ₹5); the final issue price is set within this band after bidding closes.
The shares listed on NSE on 6 Aug 2026.
Sundae Capital Advisors Pvt.Ltd. was the book-running lead manager and Kfin Technologies Ltd. is the registrar, which processes applications, allotment and refunds.
- Issue type
- Bookbuilding IPO
- Issue structure
- Fresh capital only
- Issue size
- ₹290 crore
- Price
- ₹400–₹425 per share
- Face value
- ₹5 per share
- Exchange
- NSE
- Lead manager
- Sundae Capital Advisors Pvt.Ltd.
- Registrar
- Kfin Technologies Ltd.
IPO timeline
- Bidding opens 30 Jul 2026
- Bidding closes 3 Aug 2026
- Basis of allotment 4 Aug 2026
- Refunds / unblocking 5 Aug 2026
- Shares credited to demat 5 Aug 2026
- Listing 6 Aug 2026
Bidding ran from 30 Jul 2026 to 3 Aug 2026.
After bidding, the basis of allotment was due on 4 Aug 2026, refunds / unblocking of funds were due on 5 Aug 2026 and shares were due to be credited to demat accounts on 5 Aug 2026.
The shares listed on 6 Aug 2026.
Subscription summary
By the close of bidding, the issue was subscribed 200.66× overall (last figure recorded 3 Aug 2026).
A full category-wise breakdown is not available for this figure, so only the overall multiple is shown.
Recorded day by day: 30 Jul 3.87×, 31 Jul 12.79×, 1 Aug 12.79×, 2 Aug 12.79× and 3 Aug 200.66×.
Bids were received for 200.66× the shares available, so not every applicant in an oversubscribed category will receive shares.
Grey market premium (unofficial)
The last grey market premium (GMP) we recorded for this issue was ₹109 on 5 Aug 2026, equal to 25.6% of the upper price band.
Across 9 readings between 28 Jul 2026 and 5 Aug 2026, the quoted GMP ranged from ₹100 to ₹133.
We do not yet record actual listing prices, so this page does not compare the GMP with where the shares opened.
- GMP is unofficial: it is not published or verified by NSE, BSE or SEBI, changes quickly, and is not a forecast or guarantee of the listing price.
Allotment
The basis of allotment was due on 4 Aug 2026. Applicants can check their status using their PAN, application number or demat account details.
The registrar, Kfin Technologies Ltd., processes allotment; check status on its website or the exchange's application-status page.
Sources and data methodology
NSE & BSE public-issue data; Chittorgarh and InvestorGain (fill gaps only); InvestorGain live subscription report (third-party); InvestorGain grey market report (unofficial); Chittorgarh allotment calendar. Methodology · Report an error
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In the news
- IPO Market Roundup - Week of August 10, 2026 · 10 Aug 2026
- IPO Market Roundup - Week of August 3, 2026 · 3 Aug 2026