MANGAL ELECTRICAL INDUSTRIES LIMITED

20 Aug 2025 - 22 Aug 2025 Individual Category Main Board BSE NSE

Min Investment

₹14586

Price Band

₹533-₹561

Issue Size

75.05 lakhs
Equity Shares

Lot Size

26 (per lot)

IPO Dates
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20 Aug 2025

Open Date

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22 Aug 2025

Close Date

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25 Aug 2025

Allotment Date

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28 Aug 2025

Listing Date

Mangal Electrical's IPO opens on August 20, 2025, and closes on August 22, 2025. This new IPO is a book-built issue of 75.05 lakh equity shares. This upcoming ipo is offering an entirely fresh issue. There is no offer for sale part in this ipo.Mangal Electrical IPO price band is Rs 533 to Rs 561 per share. As of 18 August 2025, 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.

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About Mangal Electrical Industries Limited

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 produces a multitude 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-skilled 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's 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. 

Founded

1990

Managing Director

Rahul Mangal

Parent Organization

-

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.

Company Promoters

Rahul Mangal

Ashish Mangal

Saroj Mangal

Aniketa Mangal

Subscription Details

Investor Category Subscription (times)
Qualified Institutions 0
Non-Institutional Buyers 0
bNII (bids above ₹10L) 0
sNII (bids below ₹10L) 0
Retail Investors 0
Employees 0
Others 0
Total 0

How to Apply for IPO

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IPO Allotment

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