Economy
MV Electrosystems Shares List at 22% Premium on NSE
Upstox1h
THE BRIEF
1
MV Electrosystems shares debuted on the National Stock Exchange at ₹520 on August 6, 2026, marking a 22.35 percent premium over the ₹425 IPO issue price.
2
The IPO, which consisted of new equity shares worth ₹290 crore, was subscribed 188.85 times by investors, with retail investors bidding 205.42 times their reserved portion.
3
Investors who received an allotment of 34 shares made a profit of ₹3,230 per lot, bringing the total value of their investment to ₹17,680 at the listing price.