MV Electrosystems IPO
Railway Electrical Equipment (Power Electronics) - Listed on 06 August 2026
MV Electrosystems IPO listing summary
MV Electrosystems (Railway Electrical Equipment (Power Electronics)) closed its IPO window in 2026 and listed on NSE and BSE on 06 August 2026 at an upper band issue price of Rs 425, opening at Rs 520 for a listing gain of +22.4% and closing day one at Rs 624 (+46.8% on closing basis). The IPO was subscribed 188.85x overall - QIB 90.47x, HNI/NII 374.58x, Retail 205.42x. The total issue size was Rs 290 Cr (Fresh Issue Rs 290 Cr, OFS Rs 0 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Listing day performance
Subscription breakdown
Final (Day 3) subscription
Number of times each investor category subscribed by close of Day 3.
Day-wise overall subscription
How overall subscription built up across the three-day issue window.
MV Electrosystems IPO GMP history
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | Rs 105 | +24.71% |
| Day 2 | Rs 110 | +25.88% |
| Day 3 | Rs 108 | +25.40% |
| Day 4 | Rs 110 | +23.53% |
| Day 5 | Rs 90 | +21.18% |
GMP Prediction vs IPOGyani AI Prediction
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
Prediction Accuracy: 2.5 pp (Highly accurate)
Issue & financials
Market context at listing
How the broader market moved around the MV Electrosystems IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
MV Electrosystems IPO - FAQs
What was the listing gain of MV Electrosystems IPO?
MV Electrosystems IPO listed at +22.4% versus the upper issue price of Rs 425 on 06 August 2026.
How many times was MV Electrosystems IPO subscribed?
MV Electrosystems IPO was subscribed 188.85x overall. QIB portion was subscribed 90.47x, HNI / NII 374.58x and Retail 205.42x.
What was the IPO GMP for MV Electrosystems?
IPO GMP started at Rs 105 on Day 1 and moved to Rs 90 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.