The much-awaited MV Electrosystems IPO opens for subscription today, July 30, 2026, giving investors an opportunity to participate in a company that operates in India's growing railway electrification and power electronics segment.
Ahead of the issue opening, the IPO is attracting attention in the grey market, where shares are reportedly trading at a 25% premium over the upper issue price of Rs 425. The current Grey Market Premium (GMP) indicates a possible listing price of around Rs 531 per share, translating into an estimated listing gain of approximately Rs 106 per share.