MV Electrosystems IPO
MV Electrosystems IPO is a mainboard IPO raising ₹290 Cr at ₹400 – ₹425 a share. It listed on 6 Aug 2026 at ₹520, +22.4% against its issue price of ₹425, and trades at ₹841 today (+97.9% since issue). It was subscribed 189× in total.
188.9 times more demand than shares on offer
populated partly populated we hold nothing here — the tab says why
Who bid for it
| Investor category | Shares offered | Shares bid for | Subscribed |
|---|---|---|---|
| QIB Banks, funds and other large institutions | 21,74,994 | 19,67,74,048 | 90× |
| Foreign Institutional Investors | no separate quota | 3,71,18,412 | n/a |
| Domestic Financial Institutions | no separate quota | 5,55,00,070 | n/a |
| Mutual funds | no separate quota | 53,61,936 | n/a |
| Others | no separate quota | 9,87,93,630 | n/a |
| Non-institutional Wealthy individuals and companies bidding above ₹2 lakh | 10,87,498 | 40,73,51,552 | 375× |
| Non Institutional Investors | 7,24,999 | 28,63,60,954 | 395× |
| Corporates | no separate quota | 19,48,268 | n/a |
| Individuals | no separate quota | 27,28,39,358 | n/a |
| Others | no separate quota | 1,15,73,328 | n/a |
| Non Institutional Investors | 3,62,499 | 12,09,90,598 | 334× |
| Corporates | no separate quota | 1,92,848 | n/a |
| Individuals | no separate quota | 11,72,91,058 | n/a |
| Others | no separate quota | 35,06,692 | n/a |
| Retail Ordinary investors bidding up to ₹2 lakh | 7,24,999 | 14,89,25,678 | 205× |
| Cut Off | no separate quota | 12,71,75,912 | n/a |
| Price bids | no separate quota | 2,17,49,766 | n/a |
| Total | 39,87,491 | 75,30,51,278 | 189× |
Sub-categories read no separate quota rather than a dash: the exchange publishes bids at that level but never a reservation against them, so a subscription multiple does not exist — it is not missing data. Bids across both exchanges (NSE and BSE) — the figure usually quoted publicly. Last updated 3 Aug, 06:01 pm IST.
Where the bids landed
Demand falls about 27% from the bottom of the band to the top. 17% of the book was bid at cut-off — investors who accept whatever price is set.
Cumulative shares bid for at each price, across both exchanges. “Cut-off” means the investor accepts whatever final price is set — mostly small retail applications. A band where demand barely changes between the low and high price tells you bidders were not price-sensitive.
How demand built
Our own series — the exchanges publish a running total and never a history.25 readings held.
Institutions typically enter the book on the final day, which is why a day-one subscription figure tells you very little.