IPO Details

MV Electrosystems Limited IPO

MV Electrosystems Limited logo
Mainboard IPO
₹13,600

Minimum Investment

Exchange Listed · NSE / BSESEBI Regulated Issue

About Company

Company Name: MV Electrosystems Limited

Industry / Sector: Railway Electrical & Power Electronics Equipment

Founded Year: 2009

Promoters: Mohit Vohra, Amit Dhawan, Sumit Dhawan, Rahul Dhawan, Sonali Dhawan, Ramendra Pratap Singh

MV Electrosystems designs, develops, assembles, and manufactures electrical and power electronics equipment for railway rolling stock, including IGBT-based propulsion systems, switchgear panels, cable protection products, and other electrical components and subsystems.

IPO Basic Details

Company NameMV Electrosystems Limited
IPO TypeMainboard IPO
Price Band₹400 – ₹425
Lot Size34 Shares
Total Issue Size68,23,528 Equity Shares (₹290 Cr)

IPO Strengths & Risks

Strengths

  • Strong in-house R&D capabilities
  • High barriers to entry in safety-critical railway equipment
  • Long-standing relationship with Indian Railways
  • Precision engineering and domain expertise

Risks

  • Dependence on Indian Railways and rail sector
  • Recent financial losses
  • High competition in electrical equipment
  • Execution risks on new product development

IPO Important Dates

IPO Open Date30 Jul 2026
IPO Close Date03 Aug 2026
Basis of Allotment04 Aug 2026
Refund Initiation05 Aug 2026
Demat Credit Date05 Aug 2026
Listing Date06 Aug 2026
Anchor Investor Date-
UPI Mandate Deadline-

IPO Objectives

  • Capital expenditure for machinery and equipment – -
  • Funding working capital requirements – -
  • Debt repayment – -
  • General corporate purposes – Balance Amount

Investor Reservation

QIB QuotaNot less than 75% of the Net Issue
Retail QuotaNot more than 10% of the Net Issue
HNI Quota-
Employee Quota-
Shareholder Quota-
Anchor Investor Allocation-

Market Lot Details

ApplicationLot SizeSharesAmount
Retail Minimum1 Lot34₹14,450
Retail Maximum---
S-HNI Minimum14 Lots476₹2,02,300
S-HNI Maximum---
B-HNI Minimum70 Lots2,380₹10,11,500

Key Performance Indicators (KPI)

ROE-31.55% (Mar 2026)
ROCE-17.69% (Mar 2026)
RoNW-20.29% (Mar 2026)
PAT Margin-25.36% (Mar 2026)
EBITDA Margin-19.97% (Mar 2026)
EPS-
NAV per share-
Debt to Equity0.80 (Mar 2026)
P/E Ratio-
Industry P/E-

Company Financial Data

PeriodAssetsTotal IncomePATEBITDANet WorthBorrowings
FY2026 (31 Mar 2026)₹145.74 Cr₹49.79 Cr-₹12.63 Cr-₹9.94 Cr₹62.57 Cr₹49.89 Cr
FY2025 (31 Mar 2025)₹74.12 Cr₹64.64 Cr₹1.40 Cr₹8.92 Cr₹17.91 Cr₹27.50 Cr
FY2024 (31 Mar 2024)₹65.58 Cr₹50.57 Cr₹0.56 Cr₹6.41 Cr₹16.53 Cr₹27.59 Cr

Grey Market Premium

GMP PriceNot Available
Kostak RateNot Available
Subject to SaudaNot Available
Last UpdatedJul 2026
Estimated Listing PriceTBA

IPO Subscription Data

Total SubscriptionPending
QIB (Ex Anchor)Pending
HNI SubscriptionPending
Retail SubscriptionPending
Anchor-

IPO Intermediaries

Registrar: Kfin Technologies Ltd.

Registrar Website: https://ipostatus.kfintech.com/

IPO Lead Manager(s)

Sundae Capital Advisors Pvt. Ltd.

Company Information

Address: Plot No. 7, Site No. 2, 14/3, Mathura Road, Faridabad, Haryana - 121003

Website: https://www.mvelectrosystems.com/

Email: cs@mvelectrosystems.com

Phone: +91 9211999711

IPO Documents

Frequently Asked Questions (FAQ)

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