MV Electrosystems debuted on the NSE and BSE at a 22% premium over its IPO price after its public issue was subscribed 188.85 times. While the strong listing reflected robust investor demand, analysts advised caution, citing the company's FY26 loss and concerns over profitability and related-party transactions.

Rs 290-crore MV Electrosystems IPO closes today after securing 12.03 times subscriptions by Day 2, led by strong retail demand. Featuring a 27% grey market premium, the fresh…

The IPO is priced in the range of ₹400-425 per share and comprises entirely a fresh issue of equity shares aggregating up to ₹290 crore

MV Electrosystems leads mainboard IPO rush with 188.85 times subscription

The IPO, which remained open for subscription from July 30 to August 3, witnessed an overwhelming response across investor categories. The issue was subscribed 188.85 times…