Mangal Electrical Industries Ltd. IPO

Min Investment
₹ 14,586 / 26 shares
Price Range
₹533 - ₹ 561
Bidding Dates
20 Aug '25 - 22 Aug '25
Total Issue Value
400.00 Cr
Lot Size
26
Total Issue Size
400.00 Cr
Listing At
BSE, NSE
Subscription
9.97 times
BSE Price
372.50 (-33.6%)
NSE Price
371.65 (-33.75%)

IPO Timeline

  • 20 Aug 2025
    Bidding Starts
  • 22 Aug 2025
    Bidding Ends
  • 25 Aug 2025
    Allotment Finalization
  • 28 Aug 2025
    Listing

About Mangal Electrical Industries Ltd.

We specialize in processing transformer components, including transformer laminations, CRGO slit coils, amorphous cores, coil and core assemblies, wound and toroidal cores, and oil-immersed circuit breakers. We also trade in CRGO and CRNO coils and amorphous ribbons. Additionally, we manufacture ... Read more

Parent organisation
Founded
Mangal Electrical Industries Ltd.
2008

Mangal Electrical Industries Ltd. IPO Reservation

Investors Category Shares Offered
Anchor Investors 21,39,037 (30%)
Non Institutional Investors 10,69,519 (15%)
Qualified Institutional Buyers (QIBs) 14,26,025 (20%)
Retail Individual Investors (RIIs) 24,95,544 (35%)

Mangal Electrical Industries Ltd. Financial Information

Year End Revenue PAT Reserves & Surplus
31 Mar 2025 551.39 Cr 47.31 Cr 141.66 Cr
31 Mar 2024 452.13 Cr 20.95 Cr 94.49 Cr
31 Mar 2023 315.80 Cr 17.55 Cr 55.70 Cr

Mangal Electrical Industries Ltd. Background

Major Events And Milestones
  • 2008
    Incorporation of our Company as "Mangal Electrical Industries Private Limited"
  • 2024
    Conversion of our Company from private limited company to public limited company under the name and style of “Mangal Electrical Industries Limited”
Mangal Electrical Industries Ltd. Object of Issues

1. Repayment/ prepayment, in full or in part, of certain outstanding borrowings availed by our Company
2. Capital expenditure including civil works of our Company for expanding the facility at Unit IV situated at Reengus Sikar District, Rajasthan
3. Funding working capital requirements of our Company
4. General corporate purposes

Mangal Electrical Industries Ltd. IPO Listing Details
Listing Date
28 Aug 2025
BSE Script Code
MANGALELEC
NSE Symbol
MANGALELEC
ISIN
INE0PKD01011
Final Issue Price
₹ 561
Mangal Electrical Industries Ltd. Listing Day Trading Information
Pricing Details BSE NSE
Issue Price ₹ 561.00 ₹ 561.00
Open ₹ 558.00 ₹ 556.00
Low ₹ 527.30 ₹ 527.35
High ₹ 565.00 ₹ 566.00
Last Trade ₹ 533.95 ₹ 535.35
Mangal Electrical Industries Ltd. Company Promoters

1. Rahul Mangal
2. Ashish Mangal
3. Saroj Mangal
4. Aniketa Mangal

Industry Overview

The Indian transformer industry is experiencing robust growth, driven by factors such as rapid urbanization, industrialization, and increasing demand for electricity. The estimated market size for Financial Year 2025 is ? 353.9 billion, indicating a significant expansion in recent years. The ... Read more

Mangal Electrical Industries Ltd. IPO Registrar
Bigshare Services Pvt. Ltd.
S6-2, 6th Floor, Pinnacle Business Park, Mahakali Caves Road, Next to Ahura Centre, Andheri East, Mumbai Maharashtra - 400093
62638200
Mangal Electrical Industries Ltd. IPO Lead Manager(s)
Systematix Corporate Services Ltd.
The Capital, A-Wing, No.603-606, 6th Floor, Plot No.C-70, G, Block, Bandra Kurla Complex, Bandra (East), Mumbai Maharashtra - 400051
67048600

FAQs

When does Mangal Electrical Industries Ltd. IPO opens and closes?

Mangal Electrical Industries Ltd. IPO opens from 20th August to 22nd August 2025.

What is the size of Mangal Electrical Industries Ltd. IPO?

The size of the Mangal Electrical Industries Ltd. IPO is ₹400.00 Cr.

What is the price range of Mangal Electrical Industries Ltd. IPO?

The price range of Mangal Electrical Industries Ltd. IPO is at ₹533 to ₹561 per share.

What is the minimum investment and lot size required for the Mangal Electrical Industries Ltd. IPO?

The minimum investment required is ₹14,586 and minimum lot size is 26 shares.

When is Mangal Electrical Industries Ltd. IPO listing date?

The Mangal Electrical Industries Ltd. IPO will be listed on 28th August 2025.

What is the objective of Mangal Electrical Industries Ltd. IPO?

1. Repayment/ prepayment, in full or in part, of certain outstanding borrowings availed by our Company
2. Capital expenditure including civil works of our Company for expanding the facility at Unit IV situated at Reengus Sikar District, Rajasthan
3. Funding working capital requirements of our Company
4. General corporate purposes

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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