IPO Timeline
About MV Electrosystems IPO
Incorporated in 2009, MV Electrosystems Limited is a technology-driven company engaged in the design, development, assembly and manufacturing of electrical and power electronics equipment for railway rolling stock. Its product portfolio includes IGBT-based 3-phase drive propulsion systems, switchgear panels, cable protection products and electrical components. The company focuses on indigenous innovation and supports India’s railway electrification, decarbonization and Make in India initiatives. In September 2025, it received approval from CLW, Indian Railways for its indigenously designed IGBT-based 3-phase propulsion equipment, positioning it among the global players with proprietary rail propulsion technology. Backed by an in-house R&D team with multidisciplinary expertise, the company develops advanced power conversion systems for locomotives, Vande Bharat trains, metros and EMUs. It has also entered into an exclusive three year agreement with PNC Technologies Co. Ltd., South Korea, to manufacture and supply Auto Fault Locator systems, expanding its presence in railway electrical infrastructure products.
MV Electrosystems IPO Subscription Status
| Date | QIB | NII | Retail | Total |
|---|---|---|---|---|
| TBA | 0 | 0 | 0 | 0 |
| TBA | 0 | 0 | 0 | 0 |
MV Electrosystems IPO Financial Status
| Particulars (in Rs. Crores) | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 145.74 | 74.12 | 65.58 |
| Total Income | 49.79 | 64.64 | 50.57 |
| Profit After Tax | -12.63 | 1.40 | 0.56 |
| EBITDA | -9.94 | 8.92 | 6.41 |
| Net Worth | 62.57 | 17.91 | 16.53 |
| Reserves and Surplus | 52.34 | 8.77 | 9.15 |
| Total Borrowing | 49.89 | 27.50 | 27.59 |
MV Electrosystems IPO SWOT Analysis
Strengths
- Scalable business model with a focus on high-value products and opportunities to expand into rolling stock manufacturing.
- Focus on operational excellence through expanding manufacturing capacity, improving efficiencies, and reducing operating costs.
- Make in India and focus on developing in-house intellectual property rights.
- Continuous product innovation for emerging railway and adjacent market opportunities.
Weaknesses
- Concentration of manufacturing and R&D facilities in Haryana, exposing the company to regional disruption risks.
- Execution delays in the facility relocation and new machinery installation could affect the company's business and financial condition.
- Fluctuating revenue may make it difficult for the company to sustain its current growth momentum.
- The company is exposed to regulatory compliance risks, including pending registration under the Contract Labour Act.
Frequently Asked Questions
1-What is the issue size of MV Electrosystems IPO?
The issue size for MV Electrosystems IPO is ₹290 Cr |
2-What is 'pre-apply' for MV Electrosystems IPO?
You can apply for the MV Electrosystems IPO 2 days before the official subscription period begins using the pre-apply option. |
3- How can I pre-apply for MV Electrosystems IPO?
Pre-applying for the MV Electrosystems IPO lets you apply before it officially opens. Click on the Apply Now link to apply for MV Electrosystems IPO on Religare Broking. |
4-If I pre-apply for MV Electrosystems IPO, when will my order get placed?
Your order will be submitted to the exchange as soon as bidding for MV Electrosystems begins. You will receive a UPI request within 24 hours after the bidding starts. |
5- When will I know if my MV Electrosystems IPO order is placed?
We will notify you when your MV Electrosystems order is placed with the exchange. |
6- What are the open and close dates of the MV Electrosystems IPO?
The open date is 30 Jul’2026 and the closing date is 3 Aug’2026 |
7- What is the lot size of the MV Electrosystems IPO?
The lot size of the IPO is 34 shares |
8- What is the price band of the MV Electrosystems IPO?
The price band of the IPO is ₹400 to ₹425 per share |
Upcoming IPOs Announced & Expected
Registrar information
Name
Kfin Technologies Ltd.
Phone number
040-79615565
Email ID
mvelectrosystems.ipo@kfintech.com