Mv Electrosystems Ipo
MV Electrosystems IPO Review & Key Points
Review: May Apply
IPO Lead Managers aka Merchant Bankers
Sundae Capital Advisors Pvt. Ltd.
| Name of the Company | Face Value (₹) | EPS basic (₹) | EPS Diluted (₹) | RONW (%) | P/E Ratio | NAV (₹) |
| Powerica Limited | 5 | 15.26 | 15.26 | 15.37 % | 24.45 | 99.76 |
| Listed Peers | ||||||
| Cummins India Limited | 2 | 72.15 | 72.15 | 26.45% | 64.13 | 272.78 |
| Kirloskar Oil Engines Limited | 2 | 33.71 | 33.60 | 15.85% | 43.24 | 212.60 |
| NTPC Green Energy Limited | 10 | 0.67 | 0.67 | 2.58% | 129.40 | 21.88 |
| Acme Solar Holdings Limited | 2 | 4.55 | 4.53 | 5.59% | 50.74 | 74.54 |
| Adani Green Energy Limited | 10 | 8.37 | 8.37 | 11.90% | 101.53 | 76.62 |
| IPO Open Date | July 30, 2026 |
| IPO Close Date | August 3, 2026 |
| Face Value | ₹5 Per Equity Share |
| IPO Price Band | ₹400 to ₹425 Per Share |
| Issue Size | Approx ₹290 Crores |
| Fresh Issue | Approx ₹290 Crores |
| Issue Type | Book Building Issue |
| IPO Listing | BSE, NSE |
| DRHP Draft Prospectus | |
| RHP Draft Prospectus |
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 34 | ₹14,450 |
| Retail Maximum | 13 | 442 | ₹1,87,850 |
| S-HNI Minimum | 14 | 476 | ₹2,02,300 |
| S-HNI Maximum | 69 | 2,346 | ₹9,97,050 |
| B-HNI Minimum | 70 | 2,380 | ₹10,11,500 |
| Investor Category | Share Offered | -% Shares |
| Anchor Investor | 30,70,587 Shares | 45.00% |
| QIB (Ex. Anchor) | 20,47,060 Shares | 30.00% |
| NII Shares Offered | 10,23,529 Shares | 15% |
| Retail Shares Offered | 6,82,353 Shares | 10% |
| Anchor Bidding Date | July 29, 2026 |
| Anchor Investors List | |
| Shares Offered | 30,70,587 Shares |
| Anchor Size | 130.50 Cr. |
| lock-in period end date 50% shares (30 Days) | Sep 3, 2026 |
| lock-in period end date 50% shares (90 Days) | Nov 2, 2026 |
| IPO Open Date: | July 30, 2026 |
| IPO Close Date: | August 3, 2026 |
| Basis of Allotment: | August 4, 2026 |
| Refunds: | August 5, 2026 |
| Credit to Demat Account: | August 5, 2026 |
| IPO Listing Date: | August 6, 2026 |
| Particular | Shares | % Share |
| Promoter Holding Pre Issue | 2,04,59,200 | 78.75% |
| Promoter Holding Post Issue | 2,72,82,728 | 76.92% |
| Purpose | Crores |
| Funding long-term working capital requirements of the Company | ₹180.00 |
| Investment in research design and development activities for new power electronic equipment | ₹21.00 |
| General Corporate Purpose | ₹- |
| Period Ended | Revenue | Expense | PAT | Assets |
| 2023 | ₹68.13 | ₹66.37 | ₹1.19 | ₹44.76 |
| 2024 | ₹50.57 | ₹49.47 | ₹0.56 | ₹65.58 |
| 2025 | ₹64.64 | ₹62.24 | ₹1.40 | ₹74.12 |
| 2026 | ₹49.79 | ₹66.59 | ₹12.63 | ₹145.74 |
| KPI | Values |
| ROE: | (31.55%) |
| ROCE: | (17.69%) |
| EBITDA Margin: | (19.97%) |
| PAT Margin: | (25.36%) |
| Debt to equity ratio: | 0.80 |
| Earning Per Share (EPS): | ₹(6.52) (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | (20.29)% |
| Net Asset Value (NAV): | ₹30.58 |
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Hind Rectifiers Limited | 13.10 | 88.83 | 21.37 | 60.69 | 999.13 Cr. |
| Period Ended | Revenue | Expense | PAT | Assets |
| 2023 | ₹184.81 | ₹154.97 | ₹32.10 | ₹251.58 |
| 2024 | ₹206.45 | ₹175.85 | ₹34.44 | ₹339.25 |
| 2025 | ₹322.58 | ₹261.43 | ₹28.13 | ₹455.49 |
| Dec 2025 | ₹236.50 | ₹186.96 | ₹38.69 | ₹561.34 |