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MV Electrosystems shares list at over 22% premium on NSE after bumper subscription

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MV Electrosystems shares list at over 22% premium on NSE after bumper subscription

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MV Electrosystems shares list at over 22% premium on NSE after bumper subscription
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Athira Sethu

Kochi, 6 August 2026

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.

MV Electrosystems IPO at a GlanceDetails
IPO Size₹290 crore
Issue TypeFresh issue
IPO Subscription188.85 times
Allotment FinalisedAugust 4, 2026
Share CreditAugust 5, 2026
RefundsAugust 5, 2026
Listing DateAugust 6, 2026
Listing Time10:00 AM
Stock ExchangesBSE & NSE

IPO Subscription Details

Investor CategoryShares ReservedShares Bid ForSubscription (x)
Qualified Institutional Buyers (QIBs)21,74,99419,67,74,04890.47
Non-Institutional Investors (NIIs)10,87,49840,73,51,552374.58
Retail Investors7,24,99914,89,25,678205.42
Total39,87,49175,30,51,278188.85

Listing Schedule

EventDate
IPO AllotmentAugust 4, 2026
Share Credit to Demat AccountsAugust 5, 2026
Refunds to Non-AllotteesAugust 5, 2026
Stock Market ListingAugust 6, 2026

Financial Performance

(₹ crore)FY24FY25FY26
Revenue49.9662.6449.43
Total Assets65.5874.12145.74
Net Profit0.561.40(12.63)
EBITDA6.418.92(9.94)

Key Financial Ratios

RatioFY26
Price-to-Earnings (Upper Price Band/EPS)NA
Debt-to-Equity0.80
3-Year Revenue CAGR(0.53)%
FY26 Revenue₹49.43 crore

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