New Delhi, Aug. 5 -- The initial public offering (IPO) of MV Electrosystems, backed by ace investor Madhuri Madhusudan Kela, is set to debut on the BSE and NSE on Thursday, August 6, after attracting massive investor interest during its subscription window. The IPO, which was open for bidding from July 30 to August 3, saw overwhelming demand across all investor categories.

The public issue was subscribed 200.66 times by the close of the three-day bidding period, reflecting robust demand from institutional as well as retail investors. The non-institutional investor (NII) segment emerged as the biggest contributor, with bids worth 397.99 times the shares reserved for the category. The retail individual investor (RII) portion was subscribed...