IPO details
- Price band
- โน425.0 โ โน425.0
- Lot size
- 34 shares
- Minimum investment
- โน13,600 / 34 shares (1 Lot)
- Subscription
- 188.32x
- Issue dates
- 2026-07-30 โ 2026-08-03
- Listing date
- 2026-08-06
- Issue size
- โน290.00 Cr
- IPO document
- RHP PDF
Live Grey Market Premium, subscription demand, price band & listing estimates
MV Electrosystems Limited is a technology-driven company engaged in the design, development, assembly, and manufacturing of electrical and power electronics equipment for railway rolling stock. Its product portfolio includes IGBT-based three-phase drive propulsion equipment for electric locomotives, switchgear panels for railway coaches and electric multiple units (EMUs), cable protection and management products, and other electrical components, systems, and sub-systems. The company commenced commercial supplies of its indigenously designed IGBT-based three-phase drive propulsion equipment to Indian Railways in March 2026 after receiving approval from Chittaranjan Locomotive Works (CLW). MV Electrosystems operates an assembly and manufacturing facility at Baghola, Palwal, Haryana, supported by an in-house research, design, and development centre in Faridabad, Haryana. The R&D centre, recognised by the Department of Scientific and Industrial Research (DSIR) in June 2026, focuses on developing railway power electronics, propulsion technologies, and control systems.
No current GMP quote has been reported yet.
GMP is unofficial and speculative; it does not guarantee listing performance.
Track verified daily closing grey market snapshots, price progression, and estimated listing expectations leading up to exchange debut:
No historical daily records have been logged yet for MV Electrosystem. The daily tracker updates as new pre-listing quotes are recorded.
Grey Market Premium (GMP) data reflects unofficial over-the-counter quotes between private brokers. It does not represent guaranteed exchange pricing or SEBI-regulated trading.
As per latest market dealer indications, MV Electrosystem IPO Grey Market Premium (GMP) is recorded at โนNot Available. Grey market premium is unofficial, speculative, and subject to rapid change.
Estimated listing price is calculated by adding the upper price band to the prevailing GMP once official bands and GMP are confirmed.
The issue bidding opens on 2026-07-30 and closes on 2026-08-03. The tentative listing date on the exchanges is 2026-08-06.
The price band is โน425.0 to โน425.0 per equity share. The minimum bid lot size is 34 shares, requiring a minimum investment of โน13,600 / 34 shares (1 Lot).
Once the basis of allotment is finalized, you can verify your allotment status online on our IPO Allotment Portal, the official registrar, or directly through BSE and NSE using your PAN card number.