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MV Electrosystems IPO GMP

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MVELECTRO · · NSE

Updated · GMP, subscription and listing data refresh through the day.

MV Electrosystems IPO Details

RegistrarKFin Technologies Limited
Lead managersSundae Capital Advisors Private Limited
Offer documentDraft (DRHP)
Fresh issue₹290 Cr
Offer for sale—
Market cap at the offer₹1,160 Cr

Market capitalisation is the post-issue share count in the offer document’s capital structure (2,72,82,728 shares) multiplied by the upper end of the price band, ₹425. It is arithmetic on those two filed figures, not a valuation.

MV Electrosystems Financials ₹ in crore

Revenue CAGR-0.5%2024 → 2026 · 2 yrs
Profit change-2355%2024 → 2026
Total assets CAGR+49.1%2024 → 2026 · 2 yrs
00%251%503%754%1005%202420252026
₹ crore202420252026
Revenue₹49.96₹62.64₹49.43
Expenses———
Net profit (PAT)₹0.56₹1.4₹-12.63
PAT margin1.1%2.2%-25.6%
Total assets₹65.58₹74.12₹145.74

MV Electrosystems Shareholding before & after the IPO

Before the IPO
Pre-issue · RHP capital structure
78.75%
Promoter
After the IPO
Post-issue · as filed 05-AUG-2026
57.68%
Promoter
Promoter & promoter groupafter the IPO
Holding57.68%
Shares1,57,37,200
Through the IPO-21.07% · exiting

The founding owners and their group entities.

Breakdown as filed
Individuals / HUF57.68%1,57,37,200

Post-issue pattern as filed with the NSE. Pre-issue register from the RHP capital structure, cross-checked against exchange data. Pre-issue percentages are taken from the disclosure, never estimated.

MV Electrosystems Anchor Investors largest allocation first

Anchor investors14named in the letter
Anchor book₹130.50 Crat ₹425 per share
Largest allocation18.28%Kotak Infrastructure and E…
#Anchor investorShares% of book₹ Cr
1Kotak Infrastructure and Economic5,61,40818.28%23.86
2Subhkam Ventures (I) Private Limited4,23,53813.79%18.00
3Kotak Mahindra Trustee Company3,36,87210.97%14.32
4Kotak Mahindra Trustee Company3,36,83810.97%14.32
5Shine Star Build Cap Private Limited2,35,2937.66%10.00
6Finavenue Capital Trust - Finavenue1,70,5785.56%7.25
7Founders Collective Fund1,64,7305.36%7.00
8Tattvam AIF Trust - Aanjay Ageless AIF1,35,2864.41%5.75
9360 One Prime Limited1,17,6743.83%5.00
10360 ONE LVF Treasury Solutions Fund1,17,6743.83%5.00
11Ashika Global Finance Private Limited1,17,6743.83%5.00
12Ashika India Select Fund1,17,6743.83%5.00
13VentureX Fund I1,17,6743.83%5.00
14Meru Investment Fund PCC - Cell 11,17,6743.83%5.00

Ranked by size of allocation; every anchor in an issue pays the same price, so the ranking is the same whether read in shares, rupees or share of the book. Anchor investors are allotted shares one day before the issue opens, at a price fixed on that day, and are locked in afterwards (30 days for half the allocation, 90 days for the rest). Read straight from the company’s own Anchor Allocation intimation letter filed with the exchanges — names appear exactly as printed there. Percentages are the filer’s own and total the anchor portion, not the whole issue. View the filed letter

MV Electrosystems IPO Lot Size & Minimum Investment by investor category

ApplicationSharesAmount at ₹425
Retail (min)1 lot34₹14,450
Retail (max)13 lots442₹1,87,850
sHNI (min)14 lots476₹2,02,300
bHNI (min)70 lots2,380₹10,11,500

One lot is 34 shares, so a single application at the ₹425 cut-off costs ₹14,450. Retail applications are capped at ₹2,00,000, which is 13 lots for this issue. Amounts are shown at the upper band because applications are made at the cut-off price.

MV Electrosystems IPO Strengths & Risks as disclosed in the DRHP

▲ Strengths (7)
The company has a technology-driven approach with strong in-house research, design & development capabilities for highly engineered and complex railway systems.
The company's in-house capabilities enable it to efficiently design and develop propulsion equipment, ensuring reliability, efficiency, and long-term value.
The company has a product portfolio that includes propulsion systems, auxiliary converters, vehicle control units, and driver display units, along with cable protection and interconnect products.
The company's solutions are primarily deployed in electric locomotives, metro systems, and EMUs, where propulsion and robust electrical systems are critical for performance.
The company has received approval from CLW, Indian Railways for its IGBT Based 3-Phase Drive Propulsion equipment.
The company has an executable outstanding order book for supply of 564 3-Phase Propulsion Equipment to Indian Railways.
The company has a strategic focus on operational excellence, aiming to adhere to design-to-value principles and maintain high standards of quality.
▼ Risk factors (7)
The company is dependent on and derives a substantial portion of its revenue from a limited number of customers, with Indian Railways being the single largest customer.
Any delay or failure in obtaining, renewing or maintaining statutory and regulatory approvals, or non-compliance with applicable laws, could adversely affect the company's business and operations.
The company is in the process of shifting operations for existing cable protection & interconnected products facility and installing new machinery, and any delays, cost overruns or execution failures may adversely affect its business and financial condition.
The determination of the Price Band and Issue Price is based on various factors and assumptions, and the Issue Price may not be indicative of the Market Price of the Equity Shares after the Issue.
Certain Equity Shares have been issued by the company and transferred by its Promoter and Promoter Group shareholders in the secondary sale during the preceding one year at prices that may be lower than the Issue Price.
The company requires substantial working capital and its future capital needs may require it to obtain additional loans and borrowings or issue equity or debt securities, which may impose restrictions on its business activities and dilute its shareholders’ equity.
The company is exposed to the risk of loss of confidential technical knowledge which includes trade secrets, assembling and manufacturing processes, and other confidential information critical to its operations.

How to check MV Electrosystems IPO allotment status

Allotment is decided and published by the issue’s registrar, not by the exchange and not by alphave. For MV Electrosystems Limited, the registrar is KFin Technologies Limited — allotment is finalised in the days between the issue closing on 03 Aug 2026 and listing on 06 Aug 2026.

RegistrarKFin Technologies Limited
You will needPAN, application number or demat ID
Issue closes03 Aug 2026
Listing date06 Aug 2026
Issue opens
Thu, 30 Jul, 2026
Bidding 10:00 am – 5:00 pm IST
Issue closes
Mon, 03 Aug, 2026
Last day to bid · UPI mandate by 5:00 pm
Allotment finalisedTentative
Tue, 04 Aug, 2026
By KFin Technologies; check with PAN, application no. or DP ID
Refunds & UPI unblockTentative
Wed, 05 Aug, 2026
Unallotted amounts released · allotted shares credited to demat
Listing
Thu, 06 Aug, 2026
NSE · trading from 10:00 am IST

Allotment and refund dates follow SEBI’s T+3 listing timeline in trading days and are tentative until the registrar and the exchange confirm them. alphave does not hold allotment results — only the registrar can show whether an application was allotted.

The registrar publishes allotment on its own portal: KFintech. Your bank will also show the blocked amount released if shares were not allotted.

MV Electrosystems IPO GMP FAQs

What is MV Electrosystems IPO GMP today?

No current grey market premium reading is being quoted for the MV Electrosystems Limited IPO — the issue has listed and the grey market stops quoting once shares trade on the exchange. The day-wise history on this page shows every reading we recorded. GMP is an unofficial, unregulated datapoint reported by third parties — not a price, a prediction, or investment advice.

Is MV Electrosystems IPO GMP a guarantee of the listing price?

No. The grey market is an informal, over-the-counter market between private dealers that is not operated or supervised by NSE, BSE or SEBI. No trade settles through a clearing corporation and no dealer is obliged to honour a quote, so the premium can change sharply within a day or disappear after bidding closes.

How often is MV Electrosystems IPO GMP updated on alphave?

Readings are collected about once an hour from third-party grey-market reporters while the issue is open, and each reading is timestamped. The history table shows one row per day, with the number of readings behind it.

MV Electrosystems IPO Registrar where allotment and refund queries go

RegistrarKFin Technologies Limited

The registrar processes the allotment and the refunds. Contact details are as printed in the offer document; the exchange and your broker cannot change an allotment.

How to Apply for the MV Electrosystems IPO ASBA and UPI, as SEBI sets them

  1. Apply through your broker’s IPO window or your bank’s net banking (ASBA). The money stays in your own account and is only blocked until allotment.
  2. Choose the number of lots and bid at the cut-off price. Retail applications are capped at ₹2,00,000; above that the bid moves to the non-institutional category.
  3. If you applied through a broker, approve the UPI mandate in your payment app. The mandate must be approved by 5 pm on the day after your bid, and by 5 pm on the closing day for bids made on the last day (03 Aug 2026).
  4. One application per PAN. A second application under the same PAN is rejected, and both may be.
  5. After allotment the blocked amount is released for shares not allotted. Allotment and refund queries go to the registrar, KFin Technologies Limited, not to the exchange or the broker.

What is GMP in an IPO?

Grey Market Premium is the price at which an unlisted IPO application or share changes hands informally, before the stock is listed on the exchange. It is quoted as a rupee figure over the issue price: a premium of ₹109 on a ₹425 upper band means the grey market is dealing at ₹534.

The grey market is an over-the-counter market between private dealers. It is not operated or supervised by NSE, BSE or SEBI, no trade is settled through a clearing corporation, and no dealer is obliged to publish or honour a quote. Figures are collected by third-party reporters and different sources routinely disagree, which is why a premium can move sharply within a day or vanish entirely once bidding closes.

Grey Market Premium is an unofficial, unregulated over-the-counter datapoint reported by third parties. It is not a price, a forecast, or an indication of listing gains, and is not investment advice.