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MV Electrosystems IPO Subscription Status

MV Electrosystems IPO was subscribed 188.85 times when bidding closed on 3 Aug 2026: QIB 90.47x, NII 374.58x, Retail 205.42x.

The MV Electrosystems IPO has been subscribed 188.85x times overall. Retail investors have shown interest with bids for 205.42x the shares available. The Non-Institutional Investor (NII) category has been subscribed 374.58x. Within NII, Big HNI (B-HNI) subscribed 394.98x and Small HNI (S-HNI) subscribed 333.77x. Qualified Institutional Buyers (QIBs) have subscribed 90.47x. Data last updated on 08 Sep, 01:37 PM.

The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 30 Jul, 2026 and closes on 03 Aug, 2026. The shares are expected to list on stock exchanges on 06 Aug, 2026.

Abhishek Vohera, Founder of IPO Guru Researched & reviewed by Abhishek Vohera, Founder, IPO Guru Last updated Figures sourced from the RHP, BSE & NSE

Live bidding

Shares bid against shares offered, category by category, as published by the exchanges. Summary splits NII into bHNI (above ₹10 lakh) and sHNI (₹2–10 lakh); switch to Detailed for the exchange's own sub-category rows.

Last updated 08 Sep 2026, 01:37 PM
Category Bid details Times
QIB 19,67,74,048 of 21,74,994 154 applications 8,362.90 Cr 90.47x
NII 40,73,51,552 of 10,87,498 3,55,851 applications 17,312.44 Cr 374.58x
bHNI — bid amount above ₹10 Lakh
28,63,60,954 1,17,531 applications 12,170.34 Cr 394.98
sHNI — bid amount ₹2–10 Lakh
12,09,90,598 2,38,320 applications 5,142.10 Cr 333.77
Retail 14,89,25,678 of 7,24,999 32,80,232 applications 6,329.34 Cr 205.42x
TOTAL 75,30,51,278 36,36,237 applications 32,004.68 Cr 188.85x

MV Electrosystems IPO Basis of Allotment

Final Final figures published by the registrar, after technical rejections. Allotment price ₹425.

Applications
36,36,251
Allottees
22,386
Overall odds
1 out of 162
Amount collected
₹31,780 Cr
Category Apps Got Odds
QIB 38.91x subscribed 168 168 All
Ex. Anchor
154 154 All
Anchor
14 14 All
NII (HNI) 395.65x subscribed 3,55,851 2,149 1 out of 166
bNII >₹10L
1,17,531 1,433 1 out of 82
sNII <₹10L
2,38,320 716 1 out of 333
Retail 210.59x subscribed 32,80,232 20,069 1 out of 163
TOTAL 109.59x subscribed 36,36,251 22,386 1 out of 162

MV Electrosystems IPO allotment probability

Your odds of an allotment in each category at the current subscription.

Retail (up to ₹2 L)
1 out of 154
~0.7% chance per PAN — 32,80,232 applicants for 21,323 allotment slots. Winners get exactly 1 lot (₹14,450) by SEBI lottery, however many lots you bid.
Small HNI (₹2–10 L)
1 out of 313
~0.3% chance — 2,38,320 applicants for 761 allotment slots. Lottery allots the minimum S-HNI application of 14 lots (₹2 L) per winner; bidding bigger doesn't improve odds.
Big HNI (above ₹10 L)
1 out of 77
~1.3% chance — 1,17,531 applicants for 1,523 allotment slots. Lottery allots the minimum NII application of 14 lots (₹2 L) per winner, the same as S-HNI; any shares left over are allotted proportionately.
QIB (institutions)
90.47x
Proportionate allotment — at 90.47x, institutions receive ~1.1% of their bid. No lottery; not open to individual investors. Strong institutional endorsement.

Odds = allotment slots ÷ applications, or the subscription multiple where counts aren't available. Retail and HNI allotment is by lottery; QIB is proportionate. Not investment advice.

Subscription insights

What the current book is saying, read off the category numbers above.

Retail Allotment

High demand detected. The retail category is heavily oversubscribed, making the allotment a lottery where only 1 out of every 206 applicants will be successful.

Institutional Backing

Massive institutional interest with QIBs subscribing 90.47x. This often signals long-term confidence from professional funds.

Day-wise subscription history

End-of-day subscription across the 3-day bidding window. On phones, tap a day for the category split.

Date Total
03 Aug 2026
Day 3
188.85x ▼
QIB90.47x BHNI394.98x SHNI333.77x Retail205.42x
31 Jul 2026
Day 2
12.03x ▼
QIB0.91x BHNI12.7x SHNI21.9x Retail39.76x
30 Jul 2026
Day 1
3.63x ▼
QIB0.82x BHNI2.72x SHNI5.83x Retail11.9x

MV Electrosystems IPO dates

From the bidding window to listing. Today is 23 October.

Key dates Listed
  1. Open 30 Jul 2026
  2. Close 03 Aug 2026
  3. Allotment 04 Aug 2026
  4. Refund/credit 05 Aug 2026
  5. Listing 06 Aug 2026

Anchor investor allocation

Shares allotted to anchor investors the working day before the issue opened.

Anchor Investor Amt (₹ cr.) % Allocated
KOTAK INFRASTRUCTURE & ECONOMIC REFORM FUND ₹23.86 Cr 18.28%
SHUBHKAM VENTURES (INDIA) PVT.LTD. ₹18.00 Cr 13.79%
KOTAK MANUFACTURE IN INDIA FUND ₹14.32 Cr 10.97%
KOTAK SPECIAL OPPORTUNITIES FUND ₹14.32 Cr 10.97%
SHINE STAR BUILD-CAP PVT.LTD. ₹10.00 Cr 7.66%
FINAVENUE CAPITAL TRUST-FINAVENUE GROWTH FUND ₹7.25 Cr 5.56%
FOUNDERS COLLECTIVE FUND ₹7.00 Cr 5.36%
TATTVAM AIF TRUST-Aanjay Ageless AIF Fund ₹5.75 Cr 4.41%
360 ONE PRIME LTD. ₹5.00 Cr 3.83%
360 ONE LVF TREASURY SOLUTIONS FUND ₹5.00 Cr 3.83%
ASHIKA GLOBAL FINANCE PVT.LTD. ₹5.00 Cr 3.83%
ASHIKA INDIA SELECT FUND ₹5.00 Cr 3.83%
VENTUREX FUND I ₹5.00 Cr 3.83%
MERU INVESTMENT FUND PCC-CELL 1 ₹5.00 Cr 3.83%
TOTAL ₹130.50 Cr 99.98%

What does this subscription data mean?

IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:

  • 01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
  • 02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
  • 03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
  • 04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.

Data sourced from BSE/NSE. Subscription numbers are updated during bidding hours (10 AM – 5 PM IST) on active subscription days.

Frequently asked

What is the current subscription status of MV Electrosystems IPO?

As of IPO close date (03 Aug, 2026), the MV Electrosystems IPO is subscribed 188.85x times. Retail category is 205.42x, and NII is 374.58x subscribed.

When is the allotment date for MV Electrosystems IPO?

The allotment for MV Electrosystems IPO is expected to be finalized on 04 August, 2026.

What is the GMP of MV Electrosystems?

The Grey Market Premium (GMP) for MV Electrosystems is currently ₹109, indicating a potential listing gain of 25.65%.

When will MV Electrosystems IPO list on the stock market?

MV Electrosystems is scheduled to list on BSE and NSE on 06 August, 2026.

What are the chances of getting allotment in MV Electrosystems IPO?

The retail category is oversubscribed at 205.42x, meaning allotment is by lottery. Statistically, approximately 1 in 206 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.

What does QIB subscription of 90.47x mean for MV Electrosystems IPO?

Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 90.47x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.

How to check MV Electrosystems IPO allotment status?

After the allotment date (04 Aug, 2026), you can check your MV Electrosystems IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.

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Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.

Total
188.85x
QIB
90.47x
NII
374.58x
bHNI
394.98x
sHNI
333.77x
Retail
205.42x
Full IPO details