Archive · 30 Jul 2026
MV Electrosystems IPO: 25% Listing Pop Expected
MV Electrosystems Ltd, a company that makes railway power equipment, is selling new shares to the public.
They will sell 68 lakh shares for about ₹400 to ₹425 each.
People can buy these shares from 30 July to 3 August.
The company wants the money to grow its business and make new products.
The shares will start trading on the stock market on 6 August, and people who bought them will see them in their accounts on 5 August.
MV Electrosystems Ltd launched a ₹290 crore IPO on 30 July 2026, offering 68 lakh shares at ₹400‑₹425 each.
The IPO’s grey‑market premium rose to ₹106, suggesting a potential 25% listing pop.
75% of the issue is reserved for QIBs, 15% for NIIs, and 10% for retail investors, with a lot size of 34 shares.
The company plans to use proceeds for working capital, R&D, and corporate purposes, amid a ₹922 crore order book for propulsion equipment.
Shares will list on BSE and NSE on 6 August 2026, with allotment expected on 4 August.
- Who
- MV Electrosystems Ltd and investors
- What
- Initial public offering of 68 lakh fresh shares
- When
- 30 July 2026 – 3 August 2026
- Where
- BSE and NSE exchanges in India
- Why
- Raise capital for working capital, R&D and corporate purposes
- IPO size
- ₹290 crore
- Price band
- ₹400–₹425 per share
- Lot size
- 34 shares
- Listing date
- 6 August 2026
- Grey‑market premium
- ₹106
