
Minimum Investment
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 Name | MV Electrosystems Limited |
| IPO Type | Mainboard IPO |
| Price Band | ₹400 – ₹425 |
| Lot Size | 34 Shares |
| Total Issue Size | 68,23,528 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 Date | 30 Jul 2026 |
| IPO Close Date | 03 Aug 2026 |
| Basis of Allotment | 04 Aug 2026 |
| Refund Initiation | 05 Aug 2026 |
| Demat Credit Date | 05 Aug 2026 |
| Listing Date | 06 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 Quota | Not less than 75% of the Net Issue |
| Retail Quota | Not more than 10% of the Net Issue |
| HNI Quota | - |
| Employee Quota | - |
| Shareholder Quota | - |
| Anchor Investor Allocation | - |
Market Lot Details
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 Lot | 34 | ₹14,450 |
| Retail Maximum | - | - | - |
| S-HNI Minimum | 14 Lots | 476 | ₹2,02,300 |
| S-HNI Maximum | - | - | - |
| B-HNI Minimum | 70 Lots | 2,380 | ₹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 Equity | 0.80 (Mar 2026) |
| P/E Ratio | - |
| Industry P/E | - |
Company Financial Data
| Period | Assets | Total Income | PAT | EBITDA | Net Worth | Borrowings |
|---|---|---|---|---|---|---|
| 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 Price | Not Available |
| Kostak Rate | Not Available |
| Subject to Sauda | Not Available |
| Last Updated | Jul 2026 |
| Estimated Listing Price | TBA |
IPO Subscription Data
| Total Subscription | Pending |
| QIB (Ex Anchor) | Pending |
| HNI Subscription | Pending |
| Retail Subscription | Pending |
| Anchor | - |
IPO Intermediaries
Registrar: Kfin Technologies Ltd.
Registrar Website: https://ipostatus.kfintech.com/
IPO Lead Manager(s)
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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