31 Mar 2024
Assets65.58
Total Income50.57
EBITDA6.41
Profit After Tax0.56
NET Worth16.53
Reserves and Surplus9.15
Total Borrowing27.59
At a glance
Updated 2026-09-09The shares listed at ₹520.00, a 22.35% move from the issue price. MV Electrosystems is a Mainboard IPO with an issue size of ₹290.00 crore, proposed for listing on BSE, NSE. The offer opens on 30th Jul 2026 and closes on 3rd Aug 2026. The issue structure includes a fresh issue of ₹290.00 crore. The current listing schedule points to 6th Aug 2026.
Issue details
Listing atBSE, NSE
Issue typeBook Build Issue
Issue size₹290.00 Cr
Fresh issue₹290.00 Cr
Face value₹5
Price band₹400.00–₹425.00
Allotment4th Aug 2026
Listing6th Aug 2026
Listing performance
Full performance ↗Issue price₹425.00
Listing price₹520.00
Current price—
Listing gain22.35%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹109.00
GMP / upper price25.65%
Est. listing₹534.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens30th Jul 2026
Closes3rd Aug 2026
Allotment4th Aug 2026
Refund5th Aug 2026
Demat5th Aug 2026
Listing6th Aug 2026
Subscription demand
Full bidding ↗QIB96.13×
sHNI354.63×
bHNI419.67×
NII / HNI419.67×
Retail218.25×
Total200.66×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 34 | ₹14,450 |
Reservation
Issue mix
QIB75.00%51,17,680 shares
− Anchor Investor45.00%30,70,587 shares
− QIB (Ex. Anchor)30.00%20,47,093 shares
NII (HNI)15.00%10,23,502 shares
− bNII > ₹10L10.00%6,82,335 shares
− sNII < ₹10L5.00%3,41,167 shares
Retail10.00%6,82,346 shares
Total100.00%68,23,528 shares
Company
Use of proceeds
| Object | Amount |
|---|---|
| Funding long-term working capital requirements of the Company | ₹180.00 Cr |
| Investment in research design and development activities for new power electronic equipment | ₹21.00 Cr |
| General corporate purpose | ₹53.46 Cr |
| Issue Expenses | ₹35.54 Cr |
| Total | ₹290.00 Cr |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Revenue49.79₹ Cr · -23.0% vs prior year
EBITDA-9.94₹ Cr · -211.4% vs prior year
PAT-12.63₹ Cr · -1,002.1% vs prior year
Assets145.74₹ Cr · +96.6% vs prior year
Net Worth62.57₹ Cr · +249.4% vs prior year
Borrowing49.89₹ Cr · +81.4% vs prior year
3-year financial trendRevenue / EBITDA / PAT
₹ crore31 Mar 2025
Assets74.12
Total Income64.64
EBITDA8.92
Profit After Tax1.40
NET Worth17.91
Reserves and Surplus8.77
Total Borrowing27.50
31 Mar 2026
Assets145.74
Total Income49.79
EBITDA-9.94
Profit After Tax-12.63
NET Worth62.57
Reserves and Surplus52.34
Total Borrowing49.89
KPIs
| KPI | Mar 31, 2026 |
|---|---|
| ROE | -31.55% |
| ROCE | -17.69% |
| Debt / Equity | 0.80% |
| RoNW | -20.29% |
| PAT Margin | -25.36% |
| EBITDA Margin | -19.97% |
| Price to Book Value | 13.9 |
Valuation & shareholding
Pre-IPO EPS-6.17
Post-IPO EPS-ve
Pre-IPO P/E-68.88
Post-IPO P/E-ve
Promoter holding pre76.92%
Promoter holding post57.68%
Market cap₹1159.52 Cr.
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| MV Electrosystems IPO | — | 84.65 x | — | — |
| Dhoot Transmission IPO | — | 44.90 x | — | — |
| Sedemac Mechatronics IPO | — | 86.61 x | — | — |
| LG Electronics IPO | — | 37.69 x | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| Funding long-term working capital requirements of the Company | ₹180.00 Cr |
| Investment in research design and development activities for new power electronic equipment | ₹21.00 Cr |
| General corporate purpose | ₹53.46 Cr |
| Issue Expenses | ₹35.54 Cr |
| Total | ₹290.00 Cr |
Registrar & lead managers
Registrar
Kfin Technologies Ltd.Lead managers
- Sundae Capital Advisors Pvt.Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-09.
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