About MV Electrosystems Limited IPO
Established in 2009, MV Electrosystems is a technology-driven company engaged in the design, development, assembly and manufacturing of electrical and power electronics equipment for railway rolling stock. The company offers a range of products including IGBT-based 3-Phase Drive Propulsion Equipment for electric locomotives, switchgear panels for railway coaches and EMUs, cable protection and management products, electrical components, and other railway systems and sub-systems.
The company operates within India’s rail infrastructure transition, supported by the electrification of broad-gauge lines, procurement policies favouring domestic manufacturers under the Make-in-India initiative, and the expansion of the rail network, including upcoming high-speed rail corridors. It operates through integrated design, production, and quality-testing processes, supported by an in-house Research, Design & Development Centre in Faridabad. MV Electrosystems Ltd. follows an integrated approach to product design, manufacturing, and quality assurance. Its emphasis on innovation, precision engineering and quality supports the delivery of reliable and efficient railway equipment.
The company's product portfolio includes:
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Propulsion systems for electric locomotives and rolling stock
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Train Control Management Systems (TCMS) and Vehicle Control Units
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Driver Display Systems
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Switchgear and power/control panels
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Cable protection, cable management, and interconnect products
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Overhead electrification products
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Embedded systems
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Traction motors and transformers for railway applications
The company has an in-house Research, Design & Development (R&D) Centre in Faridabad, Haryana, which serves as the hub for developing advanced power electronics and railway systems. The facility focuses on innovation, engineering and the development of high-performance railway solutions.
As of May 31, 2026, MV Electrosystems Ltd. had a workforce of 206 employees.
MV Electrosystems IPO Subscription Breakdown
| Investory Category | Subscription Percentage | Amount Raised (₹ Crores) |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | 75% | 51,17,646 crores |
| Non-Institutional Investors (NIIs) | 15% | 10,23,529.2 crores |
| Retail Individual Investors (RIIs) | 10% | 6,82,352.8 crores |
MV Electrosystems IPO Strengths & Weaknesses
Strong focus on railway electrification and rolling stock equipment.
In-house R&D capabilities for developing specialized power electronics and railway systems.
Integrated design, manufacturing and quality-testing capabilities.
Product portfolio aligned with India's railway modernization and electrification programmes.
Long-standing association with Indian Railways.
Experienced promoters and management team with proven execution capabilities and operational effectiveness.
MV Electrosystems IPO Important Dates & Issue Details
| Allotment Date | Listing Date | Refund Date |
|---|---|---|
| 04 Aug '26 | 06 Jul '26 | 05 Aug '26 |
| Issue Composition: | |
|---|---|
| Face Value | ₹5 per share |
| Total Issue Size | 68,23,528 shares (aggregating up to To be announced) |
| Fresh Issue | 13,64,705.6 shares (aggregating up to ₹68,23,528 crores) |
| Offer for Sale | 0 shares of ₹5 (aggregating up to To be announced) |
| Issue Type | Book Building IPO |
| Post-Issue Shareholding Pattern: | |
|---|---|
| Pre-Issue Shareholding | 76.92 shares |
| Post-Issue Shareholding | 0 shares |
MV Electrosystems IPO Lot Size and Investment Details
| Minimum Lot Size | 34 shares |
| Maximum Lot Size (Retail) | -- |
The lot size of MV Electrosystems ipo has been designed to ensure broad participation while maintaining optimal price discovery.
How to Apply for MV Electrosystems IPO
- Log in to your Choice account
- Select IPO
- Enter the number of lots and your price
- Verify UPI ID
- Complete the transaction on your UPI app
MV Electrosystems IPO Contact & Registrar Details
Contact Details
Address
Plot No. 7, Site No 2, 14/3, Mathura Road, Faridabad
Phone Number
Registrar Details
Registrar Name
Kfin Technologies Ltd.
Phone Number
Optivalue Tek Consulting Ltd IPO Lead Manager(s)
| Book Running Lead Manager(s) |
|---|
| Sundae Capital Advisors Pvt.Ltd. |