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 ₹759 today (+78.6% 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
What the fresh money funds
The stated uses of the net proceeds, from the prospectus’s Objects of the Issue table. Only the fresh issue funds these — the offer-for-sale money goes to the selling shareholders above.
As stated in the prospectus. “General corporate purposes” is the part with no committed use; SEBI caps it at 25% of the issue.
The price they’re asking
From the prospectus’s own “Basis for Issue Price” — the issuer’s earnings multiple against the peers it chose to compare itself with.
| Listed peer (issuer’s choice) | P/E | RoNW | EPS |
|---|---|---|---|
| Hind Rectifiers Limited | 88.83× | 21.37% | ₹13.05 |
| This issue | — | -20.29% | ₹-6.52 |
not meaningful: latest EPS is zero or negative. Peer figures are as printed in the prospectus — they date from its filing, not today. A multiple is one lens, not a verdict.
Terms of the issue
The mechanics of what is being sold. Held for every issue we track.
Not here yet
The anchor-investor allocation — which institutions were allotted shares before bidding opened — is still to be read out of its document.