Get Ready for MV Electrosystems IPO opening on Jul 30, 2026 with the anchor book opening on Jul 29, 2026. Check out the crucial highlights of MV Electrosystems Ltd.'s IPO.
Key Details of MV Electrosystems IPO
According to the Red Herring Prospectus (RHP), it is a book-building issue comprising a fresh issue with a price band declared at ₹400.00 to ₹425.00 per share. Bids can be made for a minimum of 34 shares and in multiples of 34 shares.
Sundae Capital Advisors Pvt.Ltd. is the Book-Running Lead Manager to the issue. The equity shares are proposed to be listed on NSE and BSE.
About 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.Financial Performance Highlights:
MV Electrosystems Ltd.’s total income declined by 22% reached ₹49.79 crore in Mar 31, 2026, compared to ₹64.64 crore in Mar 31, 2025.
The company reported a net loss of ₹12.63 crore in Mar 31, 2026, compared to a profit of ₹1.40 crore in Mar 31, 2025.
