MV Electrosystems IPO Day 2: Issue Subscribed Over 5x, GMP Remains Strong

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31 July 2026 at 1:26 pm

MV Electrosystems IPO Day 2: Issue Subscribed Over 5x, GMP Remains Strong

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Summary

The IPO of MV Electrosystems Ltd., aiming to raise ₹290 crore, was subscribed over 5 times on day 2, maintaining a strong Grey Market Premium (GMP) despite mixed brokerage recommendations.

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