Minimum Investment
₹14,450
Price Range
₹400 to ₹425
Lot Size
34 shares
Issue Size
₹290 Cr
About the Company
Incorporated in 2009, MV Electrosystems Ltd. is engaged in 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.
Bookbuilding IPO
IPO Objectives
- Funding long-term working capital requirements of the Company
- Investment in research design and development activities for new power electronic equipment
- General corporate purpose
Important Dates
| Bid/Offer Opens On | 30-07-2026 |
| Bid/Offer Closes On | 03-08-2026 |
| Finalisation of Basis of Allotment | 04-08-2026 |
| Initiation of Refunds | 05-08-2026 |
| Credit of Shares to Demat | 05-08-2026 |
| IPO Listing Date | 06-08-2026 |
Grey Market Premium (GMP)
₹133.00
per share
Registrar
Kfin Technologies Ltd.
Lead Managers
- Sundae Capital Advisors Pvt.Ltd.
Company Promoters
- Mohit Vohra
- Amit Dhawan
- Sumit Dhawan
- Rahul Dhawan
- Sonali Dhawan
- Ramendra Pratap Singh\r\n
