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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the MV Electrosystems Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹425
Per ShareLot Size
34 Shares
Minimum Investment
₹14,450
Issue Size
₹290 Cr
Face Value
₹5
Per ShareIPO Type
Book Building
Retail Quota
10%
QIB Quota
75%
NII Quota
15%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
76.92%
Promoter Holding (Post-Issue)
57.68%
Issue Type
Book Building
ISIN
INE0OWZ01020
We are a technology-driven company 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. On September 15, 2025, we have received approval from CLW, Indian Railways for our in-house designed and developed IGBT Based 3-Phase Drive Propulsion equipment which includes traction converter inverter system, auxiliary converter, vehicle control units / train control management system and driver display units - all designed and developed by our Company indigenously to meet international safety and performance standards.
Our Company caters to two different category of products in the Railways industry, namely (i) design, development, assembly and manufacturing of electrical & power electronics equipment; and (ii) cable protection & management products and electrical components, systems & sub-systems. The Indian railway propulsion equipment industry has shown growth, increasing from USD 561.1 million in CY20 to USD 855.3 million in CY24, reflecting an 11.1% CAGR over this period. This rapid expansion is supported by India's large-scale railway electrification drive, investments in metro networks, and the government's emphasis on modern, efficient transport systems. Further, the Indian market size of railway cable assemblies rising from USD 42.4 million in CY20 to USD 65.4 million in CY24, reflecting a compound annual growth rate (CAGR) of 11.5% during this period.
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial public issue of 68,23,528 equity shares of face value of Rs. 5 each (Equity Shares) of MV Electrosystems Limited (the Company) for cash at a price of Rs. 425 per equity share ( Including a Share Premium of Rs. 420 Per Equity Share) (Issue Price) aggregating up to Rs. 290.00 Crores (Issue). The issue shall constitute 25.01% of the company post-issue paid-up equity share capital of the company. Price Band: Rs. 425 per equity share of face value of Rs. 5 each. The floor price is 85.00 times the face value of the equity shares. Bids can be made for a minimum of 34 equity shares of face value of Rs. 5 each and in multiples of 34 equity shares of face value of Rs. 5 each thereafter.
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
MV Electrosystems Limited ("Company" or "Issuer") was originally incorporated as `MV Electrosystems Private Limited' on July 03, 2009 at Delhi as private limited company under the Companies Act, 1956. Subsequently, our Company was converted into a public limited company, the word `private' was struck off from the name of our Company and consequently, a fresh certificate of incorporation dated November 26, 2021 was issued by the RoC, recording the change of our Company's name to `MV Electro systems Limited'.
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a standalone basis, as reported for FY24 to FY26.