MV Electrosystems IPO Subscription
ListedUpdated 6 August 2026, 9:15 AM IST· Mainboard
MV Electrosystems IPO subscription closed on 3 August 2026 at 200.66x overall by shares. QIB demand came in at 96.13x, NII at 397.99x, and retail at 218.25x. See Retail, SHNI, and BHNI allotment chances in the table…
MV Electrosystems IPO subscription closed on 3 August 2026 at 200.66x overall by shares. QIB demand came in at 96.13x, NII at 397.99x, and retail at 218.25x. See Retail, SHNI, and BHNI allotment chances in the table below.
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Allotment date is 4 August 2026. Listing date on NSE and BSE is 6 August 2026.
MV Electrosystems IPO Day-wise Subscription
Daily QIB, NII, Retail, and overall subscription as bids come in
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 30 Jul 2026 | 0.87x | 4.00x | 12.68x | 3.87x |
| Day 2 - 31 Jul 2026 | 0.97x | 16.76x | 42.28x | 12.79x |
| Day 3 - 3 Aug 2026 | 96.13x | 397.99x | 218.25x | 200.66x |
MV Electrosystems IPO Allotment Chances
Retail, SHNI, and BHNI chances based on application subscription
MV Electrosystems IPO allotment chances for Retail, SHNI, and BHNI. All three use lottery when the category is oversubscribed.
| Category | Subscription (Apps) | Allotment Chances |
|---|---|---|
| Retail | 169.68x | 1 in 170 |
| SHNI (Rs 2L to Rs 10L) | 336.99x | 1 in 337 |
| BHNI (above Rs 10L) | 82.28x | 1 in 82 |
Chances use application subscription (how many bids came in), not share or amount figures. If you get allotment, you get at least one lot. Higher subscription means lower chance per PAN.
Check the MV Electrosystems IPO Allotment Status page from 4 August 2026 for your result.
MV Electrosystems IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 425.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 87.00 Cr | Rs 8,362.90 Cr | 96.13x |
| FII | - | Rs 1,577.53 Cr | - |
| DFI | - | Rs 2,358.75 Cr | - |
| Mutual Funds | - | Rs 227.88 Cr | - |
| Other | - | Rs 4,198.73 Cr | - |
| NII | Rs 43.50 Cr | Rs 17,312.44 Cr | 397.99x |
| bNII (above Rs 10L) | Rs 29.00 Cr | Rs 12,170.34 Cr | 419.67x |
| Corporate | - | Rs 82.80 Cr | - |
| Individual | - | Rs 11,595.67 Cr | - |
| Other | - | Rs 491.87 Cr | - |
| sNII (Rs 2L to Rs 10L) | Rs 14.50 Cr | Rs 5,142.10 Cr | 354.63x |
| Corporate | - | Rs 8.20 Cr | - |
| Individual | - | Rs 4,984.87 Cr | - |
| Other | - | Rs 149.03 Cr | - |
| Retail | Rs 29.00 Cr | Rs 6,329.34 Cr | 218.25x |
| Cut-off price | - | Rs 5,404.98 Cr | - |
| Fixed price | - | Rs 924.37 Cr | - |
| Total | Rs 159.50 Cr | Rs 32,004.68 Cr | 200.66x |
MV Electrosystems IPO Subscription by Applications
Category-wise subscription based on applications received
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| QIB | 20,47,059 | 1,517 | 0.00x |
| FII | - | 111 | - |
| DFI | - | 65 | - |
| Mutual Funds | - | 15 | - |
| Other | - | 1,326 | - |
| NII | 2,150 | 3,59,531 | 167.22x |
| bNII (above Rs 10L) | 1,433 | 1,17,910 | 82.28x |
| Corporate | - | 784 | - |
| Individual | - | 1,12,318 | - |
| Other | - | 4,808 | - |
| sNII (Rs 2L to Rs 10L) | 717 | 2,41,621 | 336.99x |
| Corporate | - | 359 | - |
| Individual | - | 2,34,102 | - |
| Other | - | 7,160 | - |
| Retail | 20,069 | 34,05,316 | 169.68x |
| Cut-off price | - | 28,81,172 | - |
| Fixed price | - | 5,24,144 | - |
| Total | 20,69,278 | 37,66,364 | 1.82x |
What Do These Subscription Numbers Mean?
200.66x overall by shares means bids covered about 201 times the shares on offer. Allotment chances depend on applications in each category.
QIB at 96.13x by shares shows institutional demand from mutual funds, FIIs, and banks.
NII covers bids above Rs 2 lakh (167.22x by applications). Split: SHNI 336.99x, BHNI 82.28x by applications. SHNI and BHNI allotment is by lottery.
At 169.68x subscription by applications, about 1 in 170 retail applicants may get allotment (~1% chance per application). Retail allotment is also by lottery.
MV Electrosystems IPO GMP After Subscription
GMP for MV Electrosystems IPO stands at Rs 109.00 today, giving an estimated listing price of Rs 534.00 per share.
The GMP has moved up from Rs 60.00 on 25 Jul 2026 to Rs 109.00 on 6 Aug 2026.
A subscription of 200.66x combined with a GMP of 25.65% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.
Track live GMP on the MV Electrosystems IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.
MV Electrosystems IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 30 July 2026 |
| IPO Close Date | 3 August 2026 |
| Allotment Date | 4 August 2026 |
| Refund Initiation | 5 August 2026 |
| Share Credit to Demat | 5 August 2026 |
| Listing Date | 6 August 2026 |
| Minimum Investment | Rs 14,450.00 |
| Lot Size | 34 shares |
About MV Electrosystems IPO
MV Electrosystems Limited, incorporated in 2009, is an engineering-driven manufacturer specializing in complex electronic, electromechanical, and power systems tailored for railway rolling stock. Operating out of its dedicated research, design, and development facility in Faridabad, Haryana, the company produces IGBT-based 3-Phase drive propulsion equipment for electric locomotives, coach switchgear panels, and high-specification cable protection systems. The enterprise acts as an execution partner for Indian Railways and major transit infrastructure projects, manufacturing precision, safety-critical components protected by high technical entry barriers.
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors (SHNI & BHNI)
Investors bidding above Rs 2 lakh. Split into SHNI (Rs 2 lakh to Rs 10 lakh) and BHNI (above Rs 10 lakh). Both use lottery allotment when oversubscribed.
Retail - Retail Individual Investors
Investors bidding up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Winners get at least one lot.
MV Electrosystems IPO IPO Pages
Open related pages for this IPO: details, GMP, subscription, allotment, review, FAQ, registrar, timeline, and news.
MV Electrosystems IPO Details
Issue size, price, financials, and company info
MV Electrosystems IPO GMP
Live grey market premium and listing estimate
MV Electrosystems IPO Subscription
QIB, NII, Retail, SHNI and BHNI subscription
MV Electrosystems IPO Allotment
Allotment date, chances, and check by PAN
MV Electrosystems IPO Review
SWOT, strengths, risks, and IPO review
MV Electrosystems IPO FAQ
Common questions on dates, GMP, and allotment
MV Electrosystems IPO Registrar
Registrar website and how to check allotment
MV Electrosystems IPO Timeline
Open, close, allotment, and listing dates
MV Electrosystems IPO News
Updates, blogs, and latest IPO news
MV Electrosystems IPO Subscription FAQs
What is MV Electrosystems IPO subscription status today?
MV Electrosystems IPO subscription closed on 3 August 2026 with overall subscription of 200.66x (by shares) as of 19 August 2026, 5:32 AM IST. QIB 96.13x, NII 167.22x, Retail 169.68x.
What is the overall subscription of MV Electrosystems IPO?
MV Electrosystems IPO is subscribed 200.66x overall by shares at close on 3 August 2026. QIB 96.13x, NII 167.22x, and Retail 169.68x.
What is MV Electrosystems IPO QIB subscription?
MV Electrosystems IPO QIB (Qualified Institutional Buyers) subscription is 96.13x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is MV Electrosystems IPO Retail subscription?
MV Electrosystems IPO Retail subscription is 169.68x by applications. Retail bids are up to Rs 2 lakh per PAN.
What is MV Electrosystems IPO NII, SHNI, and BHNI subscription?
MV Electrosystems IPO NII subscription is 167.22x by applications. NII is bids above Rs 2 lakh, split into SHNI (Rs 2L to Rs 10L) at 336.99x and BHNI (above Rs 10L) at 82.28x.
What are MV Electrosystems IPO retail allotment chances?
At 169.68x subscription by applications, about 1 in 170 retail applicants may get allotment (~1% chance per application). Allotment is by lottery. Share subscription was 218.25x. Allotment chances use applications, not share volume.
What are MV Electrosystems IPO SHNI allotment chances?
At 336.99x subscription by applications, about 1 in 337 SHNI applicants may get allotment (~1% chance per application). Allotment is by lottery. Share subscription was 354.63x. Allotment chances use applications, not share volume.
What are MV Electrosystems IPO BHNI allotment chances?
At 82.28x subscription by applications, about 1 in 82 BHNI applicants may get allotment (~1% chance per application). Allotment is by lottery. Share subscription was 419.67x. Allotment chances use applications, not share volume.
When is MV Electrosystems IPO allotment date?
MV Electrosystems IPO allotment date is 4 August 2026. Check MV Electrosystems IPO Allotment Status on IPOwiz from that day using your PAN.
When does MV Electrosystems IPO subscription close?
MV Electrosystems IPO subscription closed on 3 August 2026. No new applications are accepted after the close.
What is MV Electrosystems IPO GMP today?
MV Electrosystems IPO GMP is ₹109 today (+25.65% over issue price ₹425). See live GMP on the MV Electrosystems IPO GMP Today page.
What is MV Electrosystems IPO issue price and lot size?
MV Electrosystems IPO issue price is ₹425 per share. Lot size is 34 shares. Minimum investment is ₹14,450 per lot. Issue size: ₹290.00 Cr.
When is MV Electrosystems IPO listing date?
MV Electrosystems IPO listing date is 6 August 2026 on NSE and BSE. Allotment is on 4 August 2026.
How does subscription affect MV Electrosystems IPO allotment?
In MV Electrosystems IPO, Retail, SHNI, and BHNI allotment is by lottery when oversubscribed. Chances follow application subscription in each category, not share volume. At 200.66x overall, competition is very high.
For allotment results from 4 August 2026, visit the MV Electrosystems IPO Allotment Status page. For listing day updates on 6 August 2026, download the IPOwiz App.
Sources
We match MV Electrosystems IPO IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.
- SEBIRules for IPO allotment and disclosures in India
- NSEExchange notices, bidding data, and listing updates
- BSEExchange notices and IPO allotment check tools
- RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
- IPO RegistrarRegistrar details are on the allotment page for this IPO
Also read our Editorial Policy, How GMP is calculated, and How allotment chances work.
Reviewed by
Dinesh Agrawal · Lead IPO Analyst
15+ years in Indian markets and IPO research. He reviews subscription data before it goes live.