MV Electrosystems raises Rs 130.5 crore from anchor investors
Business 29 Jul, 2026

MV Electrosystems raises Rs 130.5 crore from anchor investors

Business To Business, New Delhi, 29th July, 2026:   MV Electrosystems Ltd has raised Rs 130.5 crore from anchor investors ahead of its initial public offering (IPO), which is scheduled to open for public subscription on Thursday.
According to a circular uploaded on the BSE website on Wednesday, the company allotted 30.7 lakh equity shares to 14 anchor investors at Rs 425 per share, the upper end of the IPO price band.
The anchor book attracted participation from a diverse set of institutional investors, including Kotak Mutual Fund, Founders Collective Fund, 360 ONE Prime Ltd, Subhkam Ventures, Shine Star Build Cap, Ashika Global Finance, Finavenue Growth Fund, Tattvam Aanjay Ageless AIF, VentureX Fund, and Meru Investment Fund.
The successful anchor placement is expected to provide momentum to the company's public issue as it seeks to raise capital from investors through the IPO.

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