Upcoming Mainboard IPO Alert: The initial public offering of MV Electrosystems Ltd. is scheduled to open on Jul 30, 2026.
MV Electrosystems IPO – Key Details
According to the company’s filing, the company aims to raise ₹290.00 crore.
The IPO is a Book Building Issue. The company is yet to disclose the price and lot size details.
Category-wise Reservation
The issue has Not less than 75% of the Net Issue reserved for Qualified Institutional Investors, Not more than 15% of the Net Offer for Non-Institutional Investors and Not more than 10% of the Net Issue for Retail Individual Investors.
The IPO opens for public subscription on Jul 30, 2026 with bidding for anchor investors opening a day before on Jul 29, 2026. The issue will close on Aug 3, 2026.
Sundae Capital Advisors Pvt.Ltd. is acting as the Book Running Lead Manager to the issue. The shares are proposed to be listed on NSE and BSE Exchange.
Business Overview - MV Electrosystems Ltd.
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.The IPO market continues to remain active, with investors closely tracking upcoming public issues across sectors.
