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Mangal Electrical Industries Ltd.

Mangal Electrical Industries Ltd.

NSE & BSE · Mainboard IPO
Listed NSE & BSE Mainboard Live Chart
Issue Price
₹561
₹561
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹561
Based on GMP
Min. Investment
₹14,586
1 lot × 26 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
20 Aug 2025
Close Date
22 Aug 2025
Allotment
25 Aug 2025
Listing Date
28 Aug 2025
Exchange
NSE & BSE
Price Band
₹561
Listing Price
See chart
Allotment Status
Price Band
₹561
Per share
Face Value
₹10 per share
 
Lot Size
26 Shares
per lot
Issue Size
71,30,124 shares (aggregating up to ₹400.00 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹14,586
1 lot
Pre-IPO Holding
2,05,00,000 shares
Promoters
Post-IPO Holding
2,76,30,124 shares
Promoters
P/E (Pre)
24.31x
 
P/E (Post)
32.77x
 
EPS (Pre)
₹23.08
 
EPS (Post)
₹17.12
 
UPI Deadline
2025-08-22
Mandate
Anchor AllotmentTue, 19 Aug 2025
Basis of AllotmentMon, 25 Aug 2025
Refund InitiationTue, 26 Aug 2025
Demat CreditTue, 26 Aug 2025
Listing DayThu, 28 Aug 2025
UPI Mandate Deadline2025-08-22
Sale TypeFresh Capital
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Mangal Electrical Industries Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 22 Aug 2025.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
7,130,124
100% ₹400.00
IPO Shares Offered
Mangal Electrical Industries Ltd. IPO total issue size: ₹400.00 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Total 7,130,124 ₹400.00
100.00%
* Based on upper price band ₹561 per share
Lot Size & Investment
Lot Size
26
Shares per Lot
Issue Price
₹561.00
Upper Band
Min Investment
₹14,586
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)252₹29,172
Retail (Max — 13 Lots)13338₹189,618
S-HNI (Min — 14 Lots)14364₹204,204
B-HNI (Min — 69 Lots)691,794₹1,006,434
* Issue Price ₹561 × Lot Size 26 shares
IPO Schedule
Anchor
19 Aug 2025
✓ Done
IPO Open
20 Aug 2025
✓ Done
IPO Close
22 Aug 2025
✓ Done
Allotment
25 Aug 2025
✓ Done
Refunds
26 Aug 2025
✓ Done
Demat Credit
26 Aug 2025
✓ Done
Listing Day
28 Aug 2025
✓ Done
Mangal Electrical Industries Ltd. — Live Price LIVE
₹561.00
INR · BSE
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Issue ₹561.00 Live Price
About Mangal Electrical Industries Ltd.
Incorporated in 2008, Mangal Electrical Industries Limited is engaged in manufacturing the transformers that are used for the distribution and transmission of electricity in the power sector.The company processes transformer components, including lamination, CRGO slit coils, amorphous cores, coil and core assemblies, wound cores, toroidal cores, and oil-immersed circuit breakers.The company markets and sells its products under the brand name "Mangal Electrical," known for its strong reputation and high brand recall value.The company trades CRGO and CRNO coils, and amorphous ribbons, and manufactures transformers (5 KVA to 10 MVA). It also provides EPC services for setting up electrical substations in the power infrastructure sector.The company operates five production facilities in Rajasthan with an annual capacity of 16,200 MT for CRGO, 10,22,500 KVA for transformers, 75,000 units for ICB, and 2,400 MT for amorphous units.Products Portfolio:The company manufactures and supplies critical components for transformers used in electricity distribution and transmission, including small, distribution, and large transformers, contributing to energy-saving electrical equipment.CRGO Wide Coil: The company manufactures CRGO-wide coils with high magnetic permeability and low core loss, ideal for large transformers where high efficiency is crucial for optimal performance.CRGO Slit Coil: The company manufactures precision slit coils from CRGO sheets, ensuring exact dimensions for transformer core construction, reducing energy loss, and enhancing efficiency in transformer production where precise sizing is essential.CRGO Core Assembly: The company assembles CRGO laminations for core assemblies, ensuring low core loss and high efficiency, used in various transformers to minimize energy loss and optimize operational performance.As of June 30, 2025, the company had 761 permanent employees in the registered and corporate offices and across all the units.Competitive Strengths:Promoters exhibit strong leadership and are supported by experienced senior management.Exhibition of certain approvals available to selected market players.Diversified base of customers.Strong backward and forward integration which ensures operational efficiency.Proven track record of consistent growth.
Objects of the Issue
1
1 Repayment/ prepayment, in full or in part, of certain outstanding borrowings availed by the Company
2
2 Capital expenditure including civil works of the Company for expanding the facility at Unit IV situated at Reengus Sikar District, Rajasthan
3
3 Funding working capital requirements of the Company
4
4 General corporate purposes
Mangal Electrical Industries Ltd. Financials (Amount in Crore)
Revenue from Operations
₹357.8
31 Mar 2023
₹452.1
31 Mar 2024
₹551.4
31 Mar 2025
Profit After Tax (PAT)
₹24.7
31 Mar 2023
₹21.0
31 Mar 2024
₹47.3
31 Mar 2025
Particulars31 Mar 202531 Mar 202431 Mar 2023
Revenue from Operations 551.39 452.13 357.81
EBITDA 81.84 42.63 44.42
Profit After Tax (PAT) 47.31 20.95 24.74
Net Worth 162.16 114.99 93.97
Total Assets 366.46 246.54 221.26
Reserves & Surplus N/A N/A N/A
Borrowings 149.12 92.12 96.64
EBITDA Margin (%) 14.90%
PAT Margin (%) 8.61%
P/BV Ratio
7.09
RoE
29%
RoCE
25.38%
RoNW
34.14%
PAT Margin
8.61%
EBITDA Margin
14.90%
Debt/Equity
0.92
Issue Structure & Shareholding
Total Shares Offered71,30,124 (100.00%)
Net Offer to PublicN/A
Reserved for Market MakerN/A
Pre-Issue Promoter Holding2,05,00,000 shares
Post-Issue Promoter Holding2,76,30,124 shares
P/BV Ratio7.09
RoE29%
RoCE25.38%
Debt / Equity0.92
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Systematix Corporate Services Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Mangal Electrical Industries Ltd. IPO subscribed?

Mangal Electrical Industries Ltd. IPO is subscribed 1.00 times by Aug 22, 2025. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Mangal Electrical Industries Ltd. IPO retail subscription status?

The Mangal Electrical Industries Ltd. IPO retail category is subscribed 1.00 times as of 22 Aug 2025. The retail portion is oversubscribed.

How to subscribe Mangal Electrical Industries Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 20 Aug 2025 and closes 22 Aug 2025. Min investment: ₹14,586 (1 lot = 26 shares). UPI mandate: 2025-08-22.

How many times Mangal Electrical Industries Ltd. IPO subscribed?

The Mangal Electrical Industries Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Mangal Electrical Industries Ltd. IPO allotment?

Check allotment on the registrar website (Bigshare Services Pvt.Ltd.) at https://ipo.bigshareonline.com/IPO_Status.html. Enter your PAN, application number or DP/Client ID. Allotment date: 25 Aug 2025. Refunds: on 26 Aug 2025.

When Mangal Electrical Industries Ltd. IPO will be listed?

The Mangal Electrical Industries Ltd. IPO listing date is 28 Aug 2025, Thursday. Listed on: NSE & BSE. Issue price: ₹561. Estimated listing: ₹561. GMP: NIL.

When Mangal Electrical Industries Ltd. IPO close?

The Mangal Electrical Industries Ltd. IPO closes on 22 Aug 2025, Friday. UPI mandate: 2025-08-22. Allotment: 25 Aug 2025. Listing: 28 Aug 2025.