MV Electrosystems IPO: GMP signals a 25% listing pop; date, price, other key details in 10 points
New Delhi, July 29 -- The initial public offering of electronics manufacturer MV Electrosystems is set to open for public subscription on Thursday, 30 July. The Rs.290 crore book build issue is entirely a fresh issue of 68 lakh shares.
The MV Electrosystems IPO is witnessing healthy interest in the grey market, as the MV Electrosystems IPO GMP (grey market premium) on Wednesday morning was Rs.106, suggesting the stock may list at a 25% premium to its issue price.
Let's take a look at some key details of the MV Electrosystems IPO:
The public issue is opening on Thursday, 30 July, and will conclude on Monday, 3 August.
MV Electrosystems IPO price band has been fixed at Rs.400 to Rs.425 per share.
MV Electrosystems IPO is entirely a fre...
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