The MV Electrosystems began on 30-July-2026. It will close on 03-Aug-2026. The Total IPO Size is 290 Crores. The company set its IPO price at Rs 425 per share.
There are three basic categories in MV Electrosystems Subscription: 1) Qualified Institutional Buyers, 2) Non-Institutional Investors, and 3) Retail.
MV Electrosystems is a technology-driven company engaged in the design, development, assembly and manufacturing of electrical & power electronics equipment used in railway rolling stock, including IGBT-based 3-Phase Drive Propulsion equipment for electric locomotives, switchgear panels for railway coaches & EMU’s, cable protection & management products and electrical components, systems & sub-systems.
They operate within India’s rail infrastructure transition driven by mandated broad-gauge electrification, Make-in-India procurement requirements and the expansion of the network, including upcoming high-speed corridors.
Products:
- Propulsion Equipment
- Cable protection & management products
MV Electrosystems IPO Promoters
Amit Dhawan,Mohit Vohra,Rahul Dhawan,Ramendra Pratap Singh,Sonali Dhawan,Sumit Dhawan are the promoters of the company.
MV Electrosystems Date, Details & Price Band
The MV Electrosystems Price Band, IPO Dates, Market lot and other details are mentioned in the table below.
| IPO Opening Dates | 30-July-2026 |
| IPO Closing Dates | 03-Aug-2026 |
| Price | 400-425 Rs |
| Fresh Issue | 290 Crores |
| Offer for sale | NIL |
| Total IPO size | 290 Crores |
| Face Value | 5 INR Per Share |
| Issue Type | Book Built Issue |
| Listing On | NSE, BSE |
| Pre IPO Market Cap | 1,159.52 Cr |
MV Electrosystems Market Lot
The MV Electrosystems minimum market lot is 34 shares, with a ₹14,450 application amount.
| Lot | No of Shares | Amount | |
| Retail Minimum | 1 | 34 | ₹14,450 |
| Retail Maximum | 13 | 442 | ₹1,87,850 |
| S-HNI Minimum | 14 | 476 | ₹2,02,300 |
| S-HNI Maximum | 69 | 2,346 | ₹9,97,050 |
| B-HNI Minimum | 70 | 2,380 | ₹10,11,500 |
Restated Consolidated Financial Information (Amt. in Crore)
| Total Assets | Total Revenue | Profit After Tax | |
| 31-Mar-26 | 145.74 | 49.79 | -12.63 |
| 31-Mar-25 | 74.12 | 64.64 | 1.40 |
| 31-Mar-24 | 65.58 | 50.57 | 0.56 |
MV Electrosystems GMP & Grey Market Premium
The MV Electrosystems GMP (Grey Market Premium) has started today. Check the Latest MV Electrosystems GMP, Kostak Rates, and Subject to Sauda Price here.
MV Electrosystems Prospectus
The MV Electrosystems Prospectus is Available on the NSE/BSE and SEBI websites, as well as on our Portal. Please click here to download the MV Electrosystems Prospectus.
| DRHP | Download |
| RHP | Download |
MV Electrosystems Allotment Date & Details
| Allotment Date | Mon, Aug 4, 2026 |
| Initiation of refunds | Tue, Aug 5, 2026 |
| Transfer of shares to Demat accounts | Tue, Aug 5, 2026 |
| Listing Date | Tue, Aug 6, 2026 |
| Check Allotment Status | Click here |
MV Electrosystems Registrar
KFIN TECHNOLOGIES LIMITED
Selenium, Tower B, Plot No. 31 and 32, Gachibowli, Financial District
Nanakramguda, Serilingampally, Hyderabad – 500 032, Telangana, India
Tel. No.: + 91 40 6717 2222 / 18003094001
E-mail: mvelectrosystems.ipo@kfintech.com
Investor Grievance e-mail: einward.ris@kfintech.com
Website: www.kfintech.com
SEBI Regn No.: INR000000221
Contact Person: M. Murali Krishna
MV Electrosystems Contact Address
MV Electrosystems Limited
Plot No. 7,
Site No 2, 14/3,
Mathura Road,
Faridabad, Haryana, 121003
+91 92 1199 9711
cs@mvelectrosystems.com
Corporate Identity Number: U85110KA2010PLC052540
Corporate Identity Number: U72200MP2002PLC014956
MV Electrosystems Lead Managers
Sundae Capital Advisors Private Limited
306-307, ‘AT’, Mahakali Caves Road
Andheri (East), Mumbai – 400 093, Maharashtra, India
Tel. No. +91 87 9622 8221 / +91 22 4515 5887
E-mail: mvel.ipo@sundaecapital.com
Investor Grievance e-mail: grievances.mb@sundaecapital.com
Website: www.sundaecapital.com
SEBI Regn. No.: INM000012494
Contact Person: Chirag Pareek / Vanita Soni
