Home / MV Electrosystems IPO
MV Electrosystems IPO is a Mainboard IPO. Here you can check complete IPO details including IPO dates, price band, lot size, issue size, reservation, registrar, listing date, company profile, financials, GMP updates, subscription status and allotment status.
| IPO Open Date | 30 July 2026 |
|---|---|
| IPO Close Date | 3 August 2026 |
| Issue Type | Book Built Issue |
| Face Value | ₹10 per Equity Share |
| Price Band | ₹400 to ₹425 per Share |
| Lot Size | 34 Shares |
| Minimum Investment | ₹14,450 (Upper Price) |
| Total Issue Size | Approx. ₹290 Crore |
| Fresh Issue | Approx. ₹290 Crore |
| Offer for Sale | Nil |
| Retail Quota | Not More Than 35% |
| QIB Quota | Not Less Than 50% |
| NII Quota | Not Less Than 15% |
| Listing Exchange | BSE & NSE |
| Listing Date | 6 August 2026 (Tentative) |
| Registrar | KFin Technologies Limited |
| Lead Manager | ICICI Securities Limited |
MV Electrosystems Limited is an Indian electrical engineering company engaged in manufacturing and supplying power distribution and electrical equipment for utilities, industrial projects and infrastructure sectors. The company offers high-quality products designed for reliable power transmission and distribution applications while maintaining strict quality and safety standards.
The company serves government departments, power distribution companies (DISCOMs), EPC contractors, renewable energy projects and private industrial customers across India. Over the years, MV Electrosystems has expanded its manufacturing capabilities with modern production facilities and testing infrastructure to meet increasing demand from the power sector.
Its product portfolio includes transformers, switchgear equipment, electrical panels, control systems and other power distribution solutions. The company focuses on innovation, timely execution, customer satisfaction and long-term business relationships, making it a trusted supplier in the electrical engineering industry.
The company intends to utilize the net proceeds from the IPO for the following purposes:
| Event | Date |
|---|---|
| IPO Opens | 30 July 2026 |
| IPO Closes | 3 August 2026 |
| Basis of Allotment | 4 August 2026 |
| Refund Initiation | 5 August 2026 |
| Shares Credited to Demat | 5 August 2026 |
| Listing Date | 6 August 2026 |
| Investor Category | Reservation |
|---|---|
| Qualified Institutional Buyers (QIB) | Not less than 50% of the Net Issue |
| Non-Institutional Investors (NII) | Not less than 15% of the Net Issue |
| Retail Individual Investors (RII) | Not more than 35% of the Net Issue |
| Employee Reservation | As per Prospectus (if applicable) |
The company is promoted by its founding promoters who have extensive experience in the electrical equipment and power infrastructure industry. They continue to play a key role in business strategy, manufacturing expansion, quality control and overall corporate management.
The table below shows the company's financial performance over the last three financial years.
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets (₹ Cr.) | 145.74 | 74.12 | 65.58 |
| Total Revenue (₹ Cr.) | 49.79 | 64.64 | 50.57 |
| Profit After Tax (₹ Cr.) | -12.63 | 1.40 | 0.56 |
| Net Worth (₹ Cr.) | 62.57 | 17.91 | 16.53 |
| Total Borrowings (₹ Cr.) | 49.89 | 27.50 | 27.59 |
Note: Replace the above values with the latest figures available in the RHP/DRHP or official IPO documents.
The allotment status of the MV Electrosystems IPO is expected to be finalized on 4 August 2026. Investors can check their IPO allotment status online using any of the following methods.
| Website | Status |
|---|---|
| KFin Technologies Limited (Registrar) | Available After Allotment |
| BSE IPO Allotment | Available After Allotment |
| NSE IPO Status | Available After Allotment |
MV Electrosystems IPO is a Book Built Mainboard IPO through which the company plans to raise funds for business expansion, capital expenditure, working capital requirements and general corporate purposes.
The IPO opens on 30 July 2026 and closes on 3 August 2026.
The IPO price band is ₹400 to ₹425 per equity share.
The minimum application consists of 34 equity shares.
The basis of allotment is expected to be finalized on 4 August 2026.
The shares are expected to be listed on BSE and NSE on 6 August 2026.
The information provided on this page is for educational and informational purposes only and should not be considered investment advice. Investors are advised to read the Red Herring Prospectus (RHP), consult their financial advisor and evaluate their risk appetite before investing in any IPO. IPO dates, issue size and other details may change as per regulatory approvals or company announcements.
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