MV Electrosystems Ltd. will make its stock market debut today, Thursday, 6 August, with its shares set to list on the BSE and NSE. Trading in the stock will begin at 10:00 IST after a special pre-open session. The IPO allotment was finalised on Tuesday, August 4.
The BSE has notified exchange members that the equity shares of MV Electrosystems Ltd will be listed and permitted for trading under the ‘B' Group of Securities with effect from Thursday, 6 August 2026.
Mumbai-based MV Electrosystems is engaged in the design, development, assembly and manufacturing of electrical and power electronics equipment used in railway rolling stock.
Follow this live blog for real-time updates on listing prices, expert views and share price movements throughout the trading session.
MV Electrosystems IPO Listing Live: Latest GMP Signals
The latest grey market premium (GMP) indicates the shares could list around Rs 534, about 26% above the issue price of Rs 425, though GMP is an unofficial market indicator. The IPO was subscribed 188.85 times, reflecting robust demand from retail, high-net-worth and institutional investors.
MV Electrosystems IPO Listing Live: Proceeds From IPO
The proceeds from the IPO are proposed to be utilised for business expansion and other corporate purposes, as outlined in the offer document.
MV Electrosystems IPO Listing Live: Anchor Investors Investment
MV Electrosystems Ltd had already raised Rs 130.5 crore from anchor investors.
MV Electrosystems IPO Listing Live: IPO Fully Subscribed On Last Day Of Bidding
The IPO, priced at Rs 400-425 per share, was fully subscribed on the first day of bidding on Thursday last week.
MV Electrosystems IPO Listing Live: QIB Subscription
The quota for non-institutional investors was subscribed 374.58 times. Retail investors portion was subscribed 205.42 times, while the category for Qualified Institutional Buyers (QIBs) received 90.47 times subscription.
MV Electrosystems IPO Listing Live: Last Day Of Bidding
The initial public offering of MV Electrosystems Ltd. received a whopping 188.85 times subscription on the closing day of bidding on Monday, driven by an overwhelming response from investors. The IPO received bids for 75.30 crore (75,30,51,278) shares against 39.87 lakh (39,87,491) shares on offer, as per NSE data.