MV Electrosystems’ shares listed on the NSE with a premium of 22%, making it one of the best performing IPOs in recent time. The company’s ₹290 crore initial public offering earlier (IPO) received an overwhelming response from investors. The issue was subscribed nearly 189 times across all investor categories, reflecting strong demand. With the allotment already finalised, successful applicants can expect shares to be credited to their Demat accounts ahead of the listing, while refunds for unsuccessful bidders are also being processed.
