MV Electrosystems IPO Scheduled for Mainboard Launch
The MV Electrosystems IPO is officially opening for public subscription from July 30, 2026, to August 3, 2026. This book-built mainboard issue aims to raise ₹290 crores entirely through a fresh equity offering of shares with a face value of ₹5 each. [1, 2, 3]
While the official price band is yet to be announced, initial grey market sentiment is active with an early Grey Market Premium (GMP) tracked at ₹75. The company plans to deploy ₹180 crores of the net proceeds toward long-term working capital and ₹21 crores for research and development of power electronic equipment. Share allotment will be finalized by August 4, 2026, followed by a tentative listing on BSE and NSE on August 6, 2026
Disclaimer: This AI-generated article provides informational summaries of grey market trends and public data, not certified financial advice.
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