MV Electrosystems IPO is a mainboard IPO raising ₹290 Cr at ₹400 – ₹425 a share. The smallest application you can make is 34 shares, costing ₹14,450 at the top of the band. Bidding opens on 30 Jul 2026.
Bidding has not opened yet, so there is nothing to subscribe to.
populated partly populated we hold nothing here — the tab says why
The issuer’s own summary of outstanding legal proceedings — SEBI requires this table in every prospectus. Counts and amounts are as disclosed.
| Against | Criminal | Tax | Other material | Amount at stake |
|---|---|---|---|---|
| The company | 0 | 4 | 1 | ₹0.5 Cr |
| Promoters | 0 | 0 | 1 | ₹1.6 Cr |
| Directors | 0 | 0 | 1 | ₹1.1 Cr |
Group Co. Quadrant Future Tek Section 42 adjudication: ₹15.80 million total penalty (₹1.20m each on Promoters Mohit Vohra & Amit Dhawan; ₹6.0m on Quadrant); RoC order Aug 8, 2024 partly upheld by Regional Director Jan 30, 2026; writ petition pending in P&H HC (next hearing Jul 27, 2026)
Bank of India recovery proceedings at DRT-I New Delhi against Urbanfresh Agrofood et al. including Independent Director Vipin Sharma (former Director of Urbanfresh) for Rs. 11.19 million; loan account NPA classified Oct 15, 2022; next hearing Sep 11, 2026
GST notice Oct 8, 2024 from CGST Commissionerate Faridabad for excess ITC of ₹4.79 million (incl. ₹0.43 million penalty) from cancelled suppliers under Section 16 CGST Act; response filed Dec 27, 2024
Income Tax Department three Section 143(1)(a) communications against Company — AY 2018-19 (₹1.19m), AY 2024-25 and AY 2025-26; aggregate amount shown as '-' in source
Company + Director Rahul Dhawan suo moto adjudication application Nov 26, 2025 under Section 454 of Companies Act for non-compliances — Sec 134/73 (unsecured loan disclosure), Sec 42/62 (preferential allotment of ₹3.01m in FY15 without special resolution/no separate bank account), Sec 29 (dematerialisation default) and incorrect date in return of allotment; RoC advised separate e-form GNL-1 filing Jul 1, 2026
Amounts stated in millions; converted to crore (1 crore = 10 million). Direct tax aggregate amount shown as '-' in source. Company has no subsidiary. Group Company matters (Quadrant Future Tek) are disclosed under the Promoters section. Grand total amount not stated in the document.. Outstanding means unresolved — a listed case is an exposure, not a verdict.
What the issuer and the exchanges published. Everything else on this tab is read out of these.
