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MV Electrosystems Ltd IPO Day 1 Subscription Status

MV Electrosystems Ltd

IPO Day 1 Subscription Status

MV Electrosystems Ltd IPO Day 1 Subscription Status

MV Electrosystems Ltd IPO Day 1 Subscriptions details: check bidding details

MV Electrosystems Ltd IPO day 1 subscription details:

The initial public offering of MV Electrosystems Ltd ended the first day with investors bidding 1.24 the available shares on offer worth 290.00. The retail investor portion of the IPO was subscribed 4.94 times the available shares on offer. Retail investors have 18.18% of the total issue reserved for them.

At the end of bidding on day 1, the qualified institutional buyers' (QIB) portion of the 2.41% got bids for 0.05 times the available shares on offer. The QIB portion includes insurance companies, domestic mutual funds, foreign institutional buyers, and other institutional investors.

The non-institutional investors quota got bids for 1.13 times the available quota of shares. This segment includes HNI and ultra HNI investors.

Here's a snapshot of the subscription details:

Investor CategorySubscription (Times)
Qualified Institutional Buyers (QIB)0.05
Non-Institutional Investors (NII)1.13
Retail Individual Investors (RII)4.94
Total6.12

MV Electrosystems Ltd IPO details :

MV Electrosystems Ltd's IPO consists of a fresh issue of ₹290.00. The IPO’s price band is ₹400 – ₹425 per share. The company’s shares will be listed on BSE, NSE on 06 Aug 26.

Here are the key details of MV Electrosystems Ltd IPO

Offer for sale: 0.00 shares

Fresh issue: 290.00

Price Band: ₹400 – ₹425 per share

Bid open dates: 30 Jul 26

Allotment date: 04 Aug 26

Listing date: 06 Aug 26

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