MV Electrosystems Limited Raises ₹ 130.50 Crore from Anchor Investors
Mumbai, July 29, 2026: MV Electrosystems, which is a technology-driven company engaged in the design, development, assembly and manufacturing of electrical & power electronics equipment used in railway rolling stock, has garnered ₹ 130.50 Crore from anchor investors ahead of its initial public offering that opens for public subscription on Thursday, July 30, 2026. The company informed the bourses that it allocated 30,70,587 Equity Shares at ₹ 425 per Equity Share of face value ₹ 5 each to anchor investors. Some of the marquee institutions that participated in the anchor include Kotak Mutual Fund (through three different schemes), Founders Collective Fund, 360 ONE LVF Treasury Solutions Fund, 360 ONE Prime Limited, Subhkam Ventures, Shine Star Build Cap, Ashika India Select fund, Ashika Global Finance, Finavenue Growth Fund, Tattvam Aanjay Ageless AIF, VentureX Fund and Meru Investment Fund. Out of the total allocation of 30,70,587 Equity Shares to the anchor...