Initial public issue of 68,23,528 equity shares of face value of Rs. 5 each (Equity Shares) of MV Electrosystems Limited (the Company) for cash at a price of Rs. 425 per equity share ( Including a Share Premium of Rs. 420 Per Equity Share) (Issue Price) aggregating up to Rs. 290.00 Crores (Issue). The issue shall constitute 25.01% of the company post-issue paid-up equity share capital of the company.
Price Band: Rs. 425 per equity share of face value of Rs. 5 each.
The floor price is 85.00 times the face value of the equity shares.
Bids can be made for a minimum of 34 equity shares of face value of Rs. 5 each and in multiples of 34 equity shares of face value of Rs. 5 each thereafter.