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MV Electrosystems IPO Day 3: Check subscription status, allotment date and steps

Journalist Kamal Joshi, former Republic TV and latestly news editor, currently associated with Upstox as senior ipo writer.
By Kamal Joshi

2 min read | Updated on August 03, 2026, 09:29 IST

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SUMMARY

MV Electrosystems IPO, with a price band of ₹400 to ₹425 per share, is entirely a fresh issuance of equity shares, aggregating up to ₹290 crore.

MV Electrosystems is engaged in the design, development, assembly, and manufacturing of electrical and power-electronics equipment for railway rolling stock. | Image: mvelectrosystems.com

MV Electrosystems is engaged in the design, development, assembly, and manufacturing of electrical and power-electronics equipment for railway rolling stock. | Image: mvelectrosystems.com

The initial public offering of MV Electrosystems Ltd will conclude on Monday, August 3. The subscription numbers for Day 3 will be updated post 10 am.

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As of Day 2, the issue was subscribed 12.03 times. It got bids for 4,79,51,900 shares as against 39,87,491 shares on offer, according to the NSE data.

The retail investors category was subscribed 39.76 times, while the non-institutional investors quota was booked 15.77 times. The qualified institutional buyers (QIBs) booked their portion 91%.

The initial share sale, with a price band of ₹400 to ₹425 per share, is entirely a fresh issuance of equity shares, aggregating up to ₹290 crore.

The fresh issue proceeds are proposed to be used for working capital requirements, investment in research design and development activities for new power electronics equipment and corporate general purposes.

A lot consists of 34 shares and in multiples thereafter.

Prior to the IPO, the company had raised ₹130.5 crore from anchor investors.

Mumbai-based MV Electrosystems is engaged in the design, development, assembly and manufacturing of electrical and power electronics equipment used in railway rolling stock.

Upcoming IPOs this week: Ardee Industries, LEAP India, Technocraft Ventures, 4 other IPOs to open, 11 listings scheduled

MV Electrosystems IPO: Allotment and listing date

The basis of allotment of MV Electrosystems Ltd is expected to be finalised on Tuesday, August 4, 2026. The listing on the National Stock Exchange (NSE) and the BSE will take place on Thursday, August 6.

How to check MV Electrosystems IPO allotment status on NSE

Steps to check MV Electrosystems IPO allotment status on KFin Technologies

  • Open this website: https://ipostatus.kfintech.com/
  • In the ‘Select IPO’ dropdown, choose 'MV Electrosystems'
  • Add any one: Demat account number, IPO application number or PAN
  • Hit the ‘Submit’ button

About The Author

Journalist Kamal Joshi, former Republic TV and latestly news editor, currently associated with Upstox as senior ipo writer.
Kamal Joshi is a business journalist who covers markets and IPOs. He places a special focus on in-depth analysis of DRHPs, RHPs and public-issue documents to produce data-driven stories. He covers trends across mainboard and SME IPOs, anchor allocations, subscription status and post-listing performance. He is passionate about breaking news and enjoys playing pickleball, especially flexing his net play. He was previously associated with Republic TV and LatestLY.

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