MV Electrosystems Limited
Bookbuilding IPO · NSE, BSE
- Price band
- ₹400 – ₹425
- Lot size
- 34 shares
- Issue amount
- ₹290 cr
- Total subscription
- 200.66×
- Opens
- 30 Jul 2026
- Closes
- 3 Aug 2026
- Allotment
- 4 Aug 2026
- Listing
- 6 Aug 2026
Offer at a glance
Issue overview
- Issue size
- 68,23,528 shares
- Face value
- ₹5 per share
- Minimum investment
- ₹13,600
- Fresh issue
- ₹290 cr
- Offer for sale
- ₹0 cr
- Registrar
- Kfin Technologies Limited
- Listing exchange
- NSE, BSE
- Maximum investment
- ₹14,450
- Issue type
- Bookbuilding IPO
- Shares before issue
- 2,04,59,200
- Shares after issue
- 2,72,82,728
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 34 | ₹14,450 |
| sHNI | 14 | 476 | ₹2,02,300 |
| bHNI | 70 | 2,380 | ₹10,11,500 |
Share reservation
Subscription & GMP
Subscription by category
Reported 3 Aug 2026
GMP history
Day-wise demand
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| RETAIL | 20,069 | 34,02,601 |
| HNIs(10L +) | 1,434 | 1,17,904 |
| HNIs (2-10L) | 717 | 2,41,618 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 87 | 8,362.9 |
| FIIs | 0 | 1,577.53 |
| FIs | 0 | 2,358.75 |
| Mutual Funds | 0 | 227.88 |
| Others | 0 | 4,198.73 |
| RETAIL | 29 | 6,329.34 |
| HNIs 2+ | 14.5 | 5,142.1 |
| HNIs 10+ | 29 | 12,170.34 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Mar-26 | Mar-25 | Mar-24 |
|---|---|---|---|
| EPS | -6.52 | 0.76 | 0.44 |
| ROE | -31.55 | 8.04 | 4.44 |
| ROCE | -17.69 | 22.13 | 14.11 |
| RONW | 0 | 0 | 0 |
| PRE IPO(PE) | 0 | 0 | 0 |
| POST IPO(PE) | 0 | 0 | 0 |
Values and labels as reported in the issue data.
Peer comparison
| Company | P/E(X) | CMP* (₹) | Face value (₹) | NAV/Share (₹) | RONW(%) | EPS (Basic) (₹) |
|---|---|---|---|---|---|---|
| MV Electrosystems Limited | 0 | 0 | 5.00 | 30.58 | -20.29 | -6.52 |
| Hind Rectifiers Limited | 88.83 | 0 | 2.00 | 60.69 | 21.37 | 13.10 |
Company information
Company profile
MV Electrosystems Ltd. is a company that provides specialized electronic and electromechanical solutions for industrial, commercial, and technology-based applications. It manufactures and supplies a variety of electronic components, control systems, and customized electrical assemblies used in sectors like power distribution, automation, infrastructure, and industrial equipment. The company works with a complete process that includes design, manufacturing, and quality testing, focusing on innovation, precision, and customer needs to deliver reliable and long-lasting solutions. Its main products include propulsion equipment and cable protection and management products.
Strengths
- Strong Engineering & R&D Capabilities: The company has strong in-house engineering, research, and development expertise for designing advanced railway technology solutions.
- Long-Standing Relationship with Indian Railways: It has over a decade of experience supplying railway products and has expanded into indigenous propulsion systems and other high-value engineering solutions.
- Experienced Management Team: The company is led by an experienced promoter and management team with strong technical knowledge and proven execution capabilities.
Risk factors
- Regulatory Compliance Risk: Delays in obtaining or renewing required licenses and approvals could affect the company's business operations.
- Geographical Concentration Risk: The company's manufacturing facilities and R&D centre are located in Haryana, making operations vulnerable to regional disruptions.
- Import Dependency Risk: The company relies on imported raw materials and electronic components. Supply disruptions, trade restrictions, or price fluctuations could impact operations and profitability.
Promoters
Mohit Vohra
Amit Dhawan
Sumit Dhawan
Rahul Dhawan
Sonali Dhawan
Ramendra Pratap Singh
Registrar & documents
Lead manager
Sundae Capital Advisors
Registrar & contacts
Kfin Technologies Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Plot No. 7, Site No 2, 14/3, Mathura Road, Faridabad - 121 003, Haryana, India
+91 92 1199 9711
[email protected]Company website ↗Understanding MVELECTRO IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.