New Delhi, July 30 -- MV Electrosystems IPO Day 1 Live: The initial public offering (IPO) of MV Electrosystems Ltd has hit the Indian primary market today. Bidding for the public issue will begin at 10:00 AM today and will remain open until 5:00 PM. The public issue proposed for listing on the BSE and the NSE will remain open until 3rd August 2026. The company management has offered MV Electrosystems shares at a price band of Rs.400 to Rs.425 per equity share.

The company aims to raise Rs.290 crore through the issuance of fresh shares, which means the MV Electrosystems IPO size is Rs.290 crore. Meanwhile, the company's shares have fallen in the grey market.

According to Investorgain, the company's shares are available at a premium of Rs...