Archive · 27 Jul 2026

MV Electrosystems IPO Opens July 30

MV Electrosystems IPO Opens July 30

MV Electrosystems, a company that makes electrical equipment for trains, is launching its IPO on July 30.

The price for each share is between Rs 400 and Rs 425.

The company wants to raise Rs 290 crore to improve its products and operations.

However, the company recently reported a loss and lower revenue, which might worry some investors.

The shares will be listed on the stock exchange on August 6.

Sources