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MV ELECTROSYSTEMS IPO

ALREADY DEPARTEDNSE, BSE · MAINBOARD · OTHER ELECTRICAL EQUIPMENT
INDICATIVE FARE / PRICE BAND
₹425
BAND INDICATIVE · NOTHING FINAL UNTIL THE RHP
FIGURES ON THIS PAGE AS OF 14 AUG 2026, 08:01 IST · REFRESHED THROUGH THE DAY
THE FARE BOARD · KEY NUMBERS

BY THE NUMBERS.

PRICE BAND
₹425
LOT SIZE
34 SHARES
ISSUE SIZE
₹290.00 CR
MIN INVESTMENT
₹14,450 · 34 SHARES
P/E RATIO
-68.88
THE TIMETABLE · FOUR STOPS
THE JOURNEY.
OPENS
30 JUL 26
✓ STOP CLEARED
CLOSES
03 AUG 26
✓ STOP CLEARED
ALLOTMENT
04 AUG 26
✓ STOP CLEARED
LISTING
06 AUG 26
✓ STOP CLEARED
ANCHOR BIDDING29 JUL 26REFUNDS INITIATED05 AUG 26SHARES IN DEMAT05 AUG 26ANCHOR LOCK-IN ENDS · 30 DAY03 SEPT 26ANCHOR LOCK-IN ENDS · 90 DAY02 NOV 26
TIMETABLE AS FILED · DATES CAN MOVE · CONFIRM AGAINST THE OFFICIAL RHP AND THE REGISTRAR
END OF THE LINE · LISTING DAY

WHERE IT LANDED.

LISTING PRICE
₹520
DAY-1 LISTING GAIN
+22.35%
THE BOOKING SHEET · SUBSCRIPTION

HOW FULL THE BUS GOT.

OVERALL SUBSCRIPTION200.66×
QIB96.13×
NII397.99×
SMALL HNI354.63×
BIG HNI419.67×
RETAIL218.25×
THE CENTRE TICK = 1× · BUS FULL · SUBSCRIPTION FIGURES AS REPORTED BY THE EXCHANGES · TIMES THE ISSUE · INFORMATION ONLY
THE FARE TABLE · WHAT AN APPLICATION COSTS

TICKET CLASSES.

APPLICATIONLOTSSHARESAMOUNT
RETAIL · MINIMUM · AS PUBLISHED134₹14,450
RETAIL · MAXIMUM · COMPUTED13442₹1,87,850
SMALL HNI · MINIMUM · AS PUBLISHED14476₹2,02,300
SMALL HNI · MAXIMUM · COMPUTED692,346₹9,97,050
BIG HNI · MINIMUM · AS PUBLISHED702,380₹10,11,500
EACH ROW SAYS WHETHER ITS FIGURES ARE THE QUANTITIES PUBLISHED FOR THIS ISSUE OR OUR OWN ARITHMETIC · COMPUTED ROWS ARE LOT SIZE × UPPER BAND · AMOUNTS AT THE UPPER BAND OF ₹425 · CATEGORY LIMITS PER SEBI THRESHOLDS (₹2 LAKH RETAIL CEILING, ₹10 LAKH SHNI/BHNI BOUNDARY) · INFORMATION ONLY · WE DO NOT ACCEPT OR PROCESS IPO APPLICATIONS
THE MANIFEST · ISSUE STRUCTURE

HOW THE ISSUE IS BUILT.

FACE VALUE
₹5
ISSUE TYPE
BOOK BUILD ISSUE
FRESH ISSUE
₹290 CR
68,23,528 SHARES
TOTAL SHARES OFFERED
68,23,528

The two legs send the money to different places: a fresh issue raises new capital for the company, while an offer for sale is existing shares being sold by existing shareholders, whose proceeds go to those sellers and not to the company.

FIGURES AS PUBLISHED FOR THIS ISSUE · CONFIRM AGAINST THE OFFICIAL RHP
THE GAUGES · VALUATION AND RETURNS

ON THE DASHBOARD.

EPS · PRE-ISSUE
-6.17
EPS · POST-ISSUE
-4.63
P/E RATIO
-68.88
P/E · POST-ISSUE
-91.79
RONW
-20.29%
ROCE
-17.69%
ROE
-31.55%
PAT MARGIN
-25.36%
EBITDA MARGIN
-19.97%
PRICE / BOOK
13.9
NAV PER SHARE
₹30.58
DEBT / EQUITY
0.8
MARKET CAP
₹1,159.52 CR
FIGURES STATED AS OF 31 MAR 2026 · AS PUBLISHED FOR THIS ISSUE AND REPRODUCED WITHOUT ADJUSTMENT · A REPORTED RATIO IS NOT A VIEW ON VALUE · CONFIRM AGAINST THE OFFICIAL RHP
THE LOGBOOK · REPORTED FINANCIALS

THE RUNNING RECORD.

INR CR31 MAR 2431 MAR 2531 MAR 26
ASSETS65.5874.12145.74
TOTAL INCOME50.5764.6449.79
PROFIT AFTER TAX0.561.4-12.63
EBITDA6.418.92-9.94
NET WORTH16.5317.9162.57
RESERVES AND SURPLUS9.158.7752.34
TOTAL BORROWING27.5927.549.89
AMOUNTS IN INR CR · AS PUBLISHED FOR THIS ISSUE AND REPRODUCED WITHOUT ADJUSTMENT · CONFIRM AGAINST THE OFFICIAL RHP
OTHER SERVICES ON THIS ROUTE · PEER GROUP

WHO ELSE RUNS THIS LINE.

PEEREPS (BASIC)EPS (DILUTED)NAV (₹ PER SHARE)P/E (X)RONW (%)FINANCIAL STATEMENTS
MV Electrosystems Ltd. · THIS ISSUER-6.52-6.5230.58-20.29Restated
Hind Rectifiers Limited13.113.560.6988.8321.37Consolidated
PEER GROUP STRUCK AS AT 31 MAR 2026 · AS PUBLISHED FOR THIS ISSUE · NOT LIVE MARKET QUOTES, AND NOT A COMPARISON DRAWN BY BUYUNLISTEDSHARES
THE NOTE PUBLISHED WITH THIS PEER GROUP

Notes: All the financial information for listed industry peers mentioned above is on a consolidated basis (unless otherwise available only on standalone basis) and is sourced from the annual reports / annual results as available of the respective company for the year ended March 31, 2026 submitted to Stock Exchanges. P/E Ratio has been computed based on the closing market price of equity shares on NSE on June 30, 2026 divided by the Diluted EPS for the year ended March 31, 2026.

WHERE THE FARE GOES · OBJECTS OF THE ISSUE

WHAT THE MONEY IS FOR.

OBJECT OF THE ISSUEINR CR
Funding long-term working capital requirements of the Company180
Investment in research design and development activities for new power electronic equipment21
General corporate purpose53.46
Issue Expenses35.54
INR CR 290 ALLOCATED IN TOTAL · OBJECTS AND AMOUNTS AS PUBLISHED FOR THIS ISSUE · AN OBJECT WITH NO AMOUNT AGAINST IT IS SHOWN AS PUBLISHED · CONFIRM AGAINST THE OFFICIAL RHP
THE SEATING PLAN · CATEGORY RESERVATION

WHO GETS WHICH SEATS.

ANCHOR INVESTOR
30,70,587
SHARES
QIB
20,47,093
Not less than 75% of the Net Issue
NII (HNI)
10,23,502
Not more than 15% of the Net Offer
SNII
3,41,167
SHARES
BNII
6,82,335
SHARES
RETAIL
6,82,346
Not more than 10% of the Net Issue
68,23,528 SHARES ACROSS ALL CATEGORIES · CATEGORY SPLIT AS PUBLISHED FOR THIS ISSUE · CONFIRM AGAINST THE OFFICIAL RHP
ABOUT THIS SERVICE

MV Electrosystems Ltd. is engaged in the development, manufacturing, and supply of specialized electronic and electromechanical systems. The company provides engineered solutions that cater to the requirements of transportation, industrial, infrastructure, and technology-driven sectors, with a strong emphasis on reliability and performance. The company offers a diverse portfolio of electronic equipment, electrical assemblies, and control systems designed to support mission-critical applications. Its products are utilized across industries such as rail transportation, power systems, industrial automation, and infrastructure development. MV Electrosystems integrates research, engineering, manufacturing, and quality assurance processes to deliver customized solutions tailored to customer requirements. Through its focus on technological innovation, precision manufacturing, and stringent quality standards, the company aims to provide dependable products that meet evolving industry demands. Product Portfolio Propulsion Equipment: Specialized electrical and electronic systems used in railway and transportation applications to support efficient propulsion and operational performance. Cable Protection & Management Solutions: Products designed to safeguard, organize, and manage cables in demanding industrial and transportation environments. Key Competitive Advantages Engineering-driven railway solutions provider with strong in-house research, design, and development capabilities for complex and highly specialized railway systems. Expertise in developing precision-engineered and safety-critical railway electrical equipment, creating significant technical barriers to entry. Long-standing business relationships and extensive experience working with Indian Railways. Leadership team with deep industry knowledge, supported by strong execution capabilities and operational efficiency.

THE CREW · WHO IS RUNNING THIS SERVICE

ON THE ROSTER.

PROMOTERS
NAMES
Mohit Vohra, Amit Dhawan, Sumit Dhawan, Rahul Dhawan, Sonali Dhawan, Ramendra Pratap Singh
HOLDING PRE-ISSUE
76.92%
HOLDING POST-ISSUE
57.68%
BOOK-RUNNING LEAD MANAGERS
1 APPOINTED
Sundae Capital Advisors Pvt.Ltd.
REGISTRAR TO THE ISSUE
NAME
Kfin Technologies Ltd.
PHONE
040-79615565
THE COMPANY
PHONE
+91 92 1199 9711
REGISTERED OFFICE
Plot No. 7, Site No 2, 14/3, Mathura Road, Faridabad, Haryana, 121003
DETAILS AS PUBLISHED FOR THIS ISSUE · ALLOTMENT IS HANDLED BY THE REGISTRAR, NOT BY BUYUNLISTEDSHARES · WE NEVER ASK FOR PAN OR APPLICATION DETAILS
THE ENQUIRY DESK · QUESTIONS

COMMON QUESTIONS.

What is the MV Electrosystems IPO price band?+

The indicative price band is ₹425 per share. The binding terms are the ones in the Red Herring Prospectus (RHP).

What is the lot size of the MV Electrosystems IPO?+

One lot is 34 shares. At the upper band of ₹425, one lot works out to ₹14,450.

How many lots can a retail investor apply for in the MV Electrosystems IPO?+

A retail application runs from 1 lot (34 shares, ₹14,450) up to 13 lots (442 shares, ₹1,87,850) — the most that fits under SEBI's ₹2 lakh retail ceiling.

What is the minimum HNI application in the MV Electrosystems IPO?+

A small-HNI (sHNI) application starts at 14 lots — 476 shares, ₹2,02,300. A big-HNI (bHNI) application starts at 70 lots — 2,380 shares, ₹10,11,500, above the ₹10 lakh boundary.

When does the MV Electrosystems IPO open and close?+

The issue opened on 30 Jul 2026 and closed on 03 Aug 2026. Dates can move — the registrar and the exchange notices are the record.

When is the MV Electrosystems IPO allotment?+

Allotment is scheduled for 04 Aug 2026. The basis of allotment is published by the registrar to the issue. BuyUnlistedShares does not accept, process or track IPO applications.

When did MV Electrosystems list?+

Listing took place on 06 Aug 2026 on NSE, BSE.

Where will MV Electrosystems be listed?+

MV Electrosystems is listed on NSE, BSE. It is a mainboard issue.

How large is the MV Electrosystems IPO?+

The issue size is ₹290.00 Cr — a fresh issue of ₹290 cr. Figures are indicative and subject to the RHP.

How was the MV Electrosystems IPO subscribed?+

The issue was subscribed 200.66× overall. By category: qib 96.13×, nii 397.99×, small hni 354.63×, big hni 419.67×, retail 218.25×. Subscription figures are as reported by the exchanges.

At what price did MV Electrosystems list?+

MV Electrosystems listed at ₹520, +22.35% against the issue price.

Who is the registrar for the MV Electrosystems IPO?+

The registrar to the issue is Kfin Technologies Ltd. (040-79615565), mvelectrosystems.ipo@kfintech.com.

Where can I check the MV Electrosystems IPO allotment status?+

Allotment status is published by the registrar on its own official portal: https://ipostatus.kfintech.com/. Use the registrar's site directly — BuyUnlistedShares does not ask for PAN, application numbers or any other applicant detail.

What is the P/E ratio of the MV Electrosystems IPO?+

The P/E ratio on file for this issue is -68.88, and the post-issue P/E is -91.79, stated as of 31 Mar 2026. A reported ratio is not a view on value.

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Dates, price band, lot size, issue size and subscription figures are indicative and subject to the official Red Herring Prospectus (RHP). Application amounts shown in the fare table are arithmetic on the lot size and the upper band against SEBI's category thresholds — they are not an application facility and we do not accept IPO applications. GMP is unofficial grey-market chatter that changes daily — not a target, not a quote and not a recommendation. This page is information only: it is not an offer to deal and not investment advice. BuyUnlistedShares provides information and research, not buy/sell recommendations. All IPOs carry market risk — read the RHP and assess suitability before applying.
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TODAY'S INDICATIVE PRICES — PARAG PARIKH FINANCIAL ADVISORY SERVICES LIMITED ₹20,200 · CAPGEMINI TECHNOLOGY SERVICES INDIA LIMITED ₹10,400 · HDFC SECURITIES LIMITED ₹7,950 · NATIONAL STOCK EXCHANGE (NSE) ₹1,785 · BOAT (IMAGINE MARKETING LIMITED) ₹895 · CHENNAI SUPER KINGS (CSK) ₹246 · BIRA 91 (B9 BEVERAGES LIMITED) ₹76 · ZEPTO ₹32 · ORAVEL STAYS (OYO ROOMS) ₹24 · HUTTI GOLD MINES COMPANY LIMITED ₹1,19,838 — INDICATIVE, NOT AN OFFER TO DEAL —TODAY'S INDICATIVE PRICES — PARAG PARIKH FINANCIAL ADVISORY SERVICES LIMITED ₹20,200 · CAPGEMINI TECHNOLOGY SERVICES INDIA LIMITED ₹10,400 · HDFC SECURITIES LIMITED ₹7,950 · NATIONAL STOCK EXCHANGE (NSE) ₹1,785 · BOAT (IMAGINE MARKETING LIMITED) ₹895 · CHENNAI SUPER KINGS (CSK) ₹246 · BIRA 91 (B9 BEVERAGES LIMITED) ₹76 · ZEPTO ₹32 · ORAVEL STAYS (OYO ROOMS) ₹24 · HUTTI GOLD MINES COMPANY LIMITED ₹1,19,838 — INDICATIVE, NOT AN OFFER TO DEAL —