Mangal Electrical Industries IPO GMP, Open Date, Price Band

Mangal Electrical IPO open date is August 20, 2025, and the closing date is August 22, 2025. This new IPO is a book-built issue of 71,30,124 equity shares worth up to Rs 400 crore. This upcoming ipo is offering an entirely fresh issue.

Mangal Electrical IPO price band is Rs 533 to Rs 561 per share. As of now, the Mangal Electrical IPO GMP Live quotation is at Rs 0 per share.  Live IPO Grey Market Premium details will be available online. However, the Mangal Electrical IPO DRHP was filed on December 24, 2024, with SEBI.

Mangal Electrical IPO allotment status is available on August 25, 2025. Mangal Electrical IPO lot size is 26 shares. The minimum investment for retail investors for 1 lot is Rs 14,586. The registrar for Mangal Electrical IPO is Bigshare Services Pvt Ltd. Mangal Electrical IPO listing date is August 28, 2025.

Also Read | Patel Retail Ltd. IPO GMP, Open Date, Price Band, Issue Size

Mangal Electrical IPO GMP

The Mangal Electrical IPO GMP quotation is at Rs 0 per share. You can check the latest GMP price online and the reliable GMP from the first day of your subscription. If the subscription gets oversubscribed, then the Mangal Electrical IPO GMP may rise.

Mangal Electrical IPO Open Date, Close Date

Mangal Electrical IPO open date is August 20, 2025, and the IPO close date is August 22, 2025. The initiation of the refund date is August 26, 2025, and the credit of shares will be on August 26, 2025.

Mangal Electrical IPO Price Band

Mangal Electrical IPO price band is Rs 533 to Rs 561 per share. The minimum amount of investment for the retail category is Rs 14,586, and for small HNI, the minimum investment is Rs 2,04,204. The minimum investment for the Big HNI is Rs 10,06,434.

Mangal Electrical IPO Allotment Status

Mangal Electrical IPO allotment status is available on August 25, 2025. The Listing will be on the BSE and NSE platforms on August 28, 2025. The registrar of this IPO is Bigshare Services Pvt Ltd. Investors can check their allotment status after the subscription of the IPO ends.

Mangal Electrical IPO Listing Date

Mangal Electrical IPO's listing date is August 28, 2025. The Listing will be on the BSE and NSE platforms. Retail investors can sell the shares after 10 AM on the listing day.

Mangal Electrical IPO: Listing Date, Lot Size, Price Band

Mangal Electrical Industries Limited: About the Company

Mangal Electrical Industries Limited is a manufacturer of quality electrical components, focusing primarily on Cold Rolled Grain Oriented (CRGO) steel products, and transformers. Mangal Electrical Industries was incorporated in 1990.

The company is headquartered in Jaipur, Rajasthan where it is producing a multiple of high-quality products including transformer cores, wound cores, amorphous cores, and transformer accessories. With over 30 years of experience in manufacturing electrical components, Mangal Electrical Industries combines its high skill artisans with advanced machinery in order to produce a multitude of high-quality electrical components, for domestic and international customers.

Mangal Electrical Industries is certified under ISO 9001:2015 which helps illustrate its commitment to being strong in its quality management processes. Mangal Electrical Industries also supports green energy solutions by providing energy efficient components in the industry transformers.

The company is dedicated to developing new products and ideas and is already providing companies with equipment and/or EPC services for installation and infrastructure projects. While Mangal Electrical Industries provides products to many industrial customers, it is one of the major suppliers to power utilities and continues to research and develop electrical components in order to bring new and innovative ideas to market. 

Mangal Electrical IPO Objectives

Mangal Electrical IPO proposes to utilise the Net Proceeds from the Issue for repayment and prepayment of certain outstanding borrowings, capital expenditure including civil works for expanding its facility at Unit IV in Reengus, Sikar District, Rajasthan, funding the company’s working capital requirements, and meeting general corporate purposes.

Mangal Electrical IPO: Key Dates, Allotment, Listing Date

Mangal Electrical IPO Lot Size Details

Mangal Electrical IPO lot size is 26 equity shares in 1 lot. For retail, the minimum lot size is 1 lot, amounting to Rs 14,586. For small HNIs, the minimum investment amount is Rs 2,04,204.

Mangal Electrical IPO Promoter Holdings

Mangal Electrical IPO promoters are Rahul Mangal, Ashish Mangal, Saroj Mangal and Aniketa Mangal. The promoters' shareholdings before the IPO were 100%; however, after the IPO, shareholdings will decline to 74.19%

Mangal Electrical Industries IPO: Company Financials

Mangal Electrical IPO Registrar

Mangal Electrical IPO registrar is Bigshare Services Pvt Ltd. On the date of allotment, investors can click on the registrar's website, select the name of the company, and enter their PAN number or application ID to check their allotment status.

How to apply for the Mangal Electrical IPO

Interested investors can apply to the Mangal Electrical IPO directly from the Bigul trading app. You can also apply by clicking here. Investors can also check the details of other upcoming IPO in Bigul.

Mangal Electrical IPO FAQ

1. What are the details of the Mangal Electrical IPO?

Mangal Electrical IPO is a book-built issue of 71,30,124 equity shares worth up to Rs 400 crore. This upcoming ipo is offering equity shares entirely as a fresh issue.

2. What are the Mangal Electrical IPO open date and closing date?

Mangal Electrical IPO open date is August 20, 2025, and the close is on August 22, 2025. Mangal Electrical IPO listing date is August 28, 2025, and allotment status will be available on August 25, 2025.

3. What is the Mangal Electrical IPO GMP?

The Mangal Electrical IPO GMP quotation is Rs 0 per share. You can check the latest GMP price online and the reliable GMP from the first day of your subscription. If the subscription gets oversubscribed, then the Mangal Electrical IPO GMP may rise.

4. Write the details of the IPO Allotment Status.

Mangal Electrical IPO allotment status date is August 25, 2025. The Listing will be on the BSE and NSE platforms. The registrar of this IPO is Bigshare Services Pvt Ltd. Investors can check their allotment status after the subscription of the IPO ends.

5. Who are the registrar and lead managers for the Mangal Electrical IPO?

Mangal Electrical IPO registrar is Bigshare Services Pvt Ltd. On the date of allotment, investors can click on the registrar's website, select the name of the company, and enter their PAN number or application ID to check their allotment status. The lead manager of the Mangal Electrical IPO is Systematix Corporate Services Ltd.

Also Read | JSW Cement IPO GMP, Open Date, Price Band, Allotment Status