MV Electrosystems IPO Ends Day 3 with 199.01x Subscription, NII Portion Booked 397.02 Times
Varda Khade
- 2 min read
Last Updated: 3rd August 2026 - 04:22 pm
MV Electrosystems Limited's initial public offering (IPO) was subscribed 199.01 times by 5:24 PM on Day 3, August 3, 2026. The public issue received bids for 74.69 crore shares against 37.53 lakh shares available for subscription. The Non-Institutional Investors (NIIs) category led the demand with a subscription of 397.02 times, followed by the Retail category at 210.66 times, while the Qualified Institutional Buyers (QIBs) portion was subscribed 96.13 times.
Invest in Indian Markets and Unlock Future Potential With 5paisa!Subscription Status of MV Electrosystems IPO
| Date | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Day 1 (July 30) | 0.87 | 4.00 | 12.68 | 3.87 |
| Day 2 (July 31) | 0.97 | 16.76 | 42.28 | 12.79 |
| Day 3 (August 3) | 96.13 | 397.02 | 210.66 | 199.01 |
Here are the subscription details for MV Electrosystems IPO Day 3, as of 5:24 PM:
| Investor Category | Subscription (times) | Shares Offered | Shares bid for | Total |
|---|---|---|---|---|
| Anchor | 1 | 30,70,587 | 30,70,587 | 130.50 |
| QIB | 96.13 | 20,47,060 | 19,67,74,048 | 8,362.90 |
| NII | 397.02 | 10,23,529 | 40,63,62,900 | 17,270.42 |
| Retail | 210.66 | 6,82,353 | 14,37,43,534 | 6,109.10 |
| Total | 199.01 | 37,52,942 |
74,68,80,482 |
31,742.42 |
Key Highlights – Day 3
- Overall subscription stood at 199.01 times on Day 3 (August 3, 2026).
- Qualified Institutional Buyers (QIBs) subscribed 96.13 times, bidding for 19.68 crore shares.
- Non-Institutional Investors (NIIs) subscribed 397.02 times, placing bids for 40.64 crore shares.
- Retail Investors subscribed 210.66 times, bidding for 14.37 crore shares.
- Anchor investors had fully subscribed their allocated portion before the issue opened, with 30.71 lakh shares allotted.
- Overall, investors bid for 74.69 crore shares against 37.53 lakh shares available in the public issue.
Key Highlights – Day 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.
Key Highlights – Day 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.
- Retail Investors subscribed 12.68 times.
- 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.
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