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MV Electrosystems IPO Subscription Status

Final figures at close of bidding: 6 Aug 2026, 6:30 pm IST

CategorySubscription
QIB96.13x
NII397.99x
sNII (₹2L–₹10L)354.63x
bNII (above ₹10L)419.67x
Retail (RII)218.25x
Total200.66x

Bidding day 5

Day-wise subscription

DayQIBsNIIbNIIRetailTotal
Day 596.13x354.63x419.67x218.25x200.66x

Times subscribed per category (bids vs shares offered, anchor portion excluded). Bidding has closed — these are the final figures.

How the book filled

Day-by-day demand

Our day-wise record for the MV Electrosystems IPO covers bidding day 5, with overall subscription closing at 200.66×; the strongest category was non-institutional investors (NII) at 397.99×.

Category detail

Institutional demand closed at 96.13× of the QIB quota. Non-institutional investors came in at 397.99×, split 354.63× in the small-NII bucket (bids under ₹10 lakh) and 419.67× among big NIIs (above ₹10 lakh). Within the NII book, the bigger ₹10-lakh-plus bids outpaced the smaller applications. Retail investors put in bids for 218.25× the shares reserved for them. That puts non-institutional investors (NII) at the top of the book at 397.99× and qualified institutional buyers (QIB) at the bottom at 96.13×.

What the multiple means for allotment

A retail multiple of 218.25× means bids in the category outnumbered the shares set aside for it roughly 218.25 times over. When a retail book is oversubscribed, the registrar does not allot proportionately — allotment runs as a computerised lottery among all valid applications, with each successful application receiving at least one lot of 34 shares — ₹14,450 of stock at the upper band. The multiple above is the data point that determines how thinly that draw is spread; it describes the final book, not the outcome of any single application.

Frequently asked questions

When does the MV Electrosystems IPO open and close?
The MV Electrosystems IPO opens on 30 Jul 2026 and closes on 3 Aug 2026.
How many times was the MV Electrosystems IPO subscribed?
The MV Electrosystems IPO was subscribed 200.66 times in total across all investor categories.
What is the reservation split in the MV Electrosystems IPO?
Of the total shares offered, retail investors get 10%, QIBs 30% (plus 45% anchor), non-institutional investors 15%.