MV Electrosystems IPO Subscribed 12.79 Times on Day 2 Driven by Strong Retail Demand

MV Electrosystems Limited's initial public offering (IPO) was subscribed 12.79 times by 5:24 PM on Day 2, July 31, 2026. પબ્લિક ઇશ્યૂને સબસ્ક્રિપ્શન માટે ઉપલબ્ધ 37.53 લાખ શેર સામે 4.80 કરોડ શેર માટે બિડ પ્રાપ્ત થઈ છે. The Retail category led the demand with a subscription of 42.28 times, followed by Non-Institutional Investors (NIIs) at 16.76 times, while the Qualified Institutional Buyers (QIBs) category was subscribed 0.97 times.

ભારતીય બજારોમાં ઇન્વેસ્ટ કરો અને 5paisa સાથે ભવિષ્યની ક્ષમતાને અનલૉક કરો!

હમણાં જ એકાઉન્ટ ખોલો

Subscription Status of MV Electrosystems IPO

Here are the subscription details for MV Electrosystems IPO Day 2, as of 5:24 PM:

મુખ્ય વિશેષતાઓ - દિવસ 2

• Overall subscription stood at 12.79 times on Day 2 (July 31, 2026).
• Qualified Institutional Buyers (QIBs) subscribed 0.97 times, bidding for 19.82 lakh shares.
• Non-Institutional Investors (NIIs) subscribed 16.76 times, placing bids for 1.72 crore shares.
• Retail Investors subscribed 42.28 times, bidding for 2.88 crore shares.
• Anchor investors had fully subscribed their allocated portion before the issue opened, with 30.71 lakh shares allotted.
• Overall, investors bid for 4.80 crore shares against 37.53 lakh shares available in the public issue.

મુખ્ય વિશેષતાઓ - દિવસ 1

• Overall subscription stood at 3.87 times on Day 1 (July 30, 2026).
• Qualified Institutional Buyers (QIBs) subscribed 0.87 times.
• Non-Institutional Investors (NIIs) subscribed 4.00 times.
• રિટેલ રોકાણકારોએ 12.68 વખત સબસ્ક્રાઇબ કર્યું છે.
• Anchor investors had fully subscribed their allocated portion before the issue opened, with 30.71 lakh shares allotted.
• Overall, the IPO was subscribed 3.87 times on the opening day.

About MV Electrosystems Limited

MV Electrosystems Ltd. is engaged in engaged in the design, development, assembly and manufacturing of electrical & power electronics equipment used in railway rolling stock including IGBT based 3-Phase Drive Propulsion equipment for electric locomotives, switchgear panels for railway coaches & EMU’s, cable protection & management products and electrical components, systems & sub-systems.