# MV Electrosystems closes 47% above IPO price after strong debut

2026-08-06T14:08:20+00:00 | Business & Economy | Indian Opinion Desk

Corroboration: 2 independent outlets

MV Electrosystems closed nearly 47% above its IPO price after listing at a 22% premium on the BSE and NSE. The stock ended at Rs 622.75 on the BSE and Rs 624 on the NSE, against an issue price of Rs 425. The Rs 290-crore IPO was subscribed 188.85 times, according to The Hindu BusinessLine. The Mumbai-based company makes electrical and power electronics equipment for railway rolling stock. However, its FY26 revenue fell about 21% year on year and it posted a net loss of Rs 12.6 crore, the publication reported.

## Coverage

- ndtvprofit.com <https://www.ndtvprofit.com/markets/mv-electrosystems-ipo-listing-live-share-price-listing-premium-gmp-nse-and-bse-debut-today-11872306#publisher=newsstand>
- thehindubusinessline.com <https://www.thehindubusinessline.com/markets/mv-electrosystems-juniper-green-energy-debut-at-premiums-mv-jumps-38-over-ipo-price/article71312192.ece>

Tags: BSE, IPO, MV Electrosystems, NSE, stock market
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