Mangal Electrical IPO: Price Band, GMP, Allotment Date, Listing, and Issue Details
Mangal Electrical IPO is likely to be one of the most awaited IPOS in August 2025. Mangal Electrical Industries Limited has a well established presence in transformer components and power infrastructure business and it is in the process of raising a 400 crore book build issue. The Mangal Electrical IPO price range, lot size, the date of subscription, the date of allotment, listing details are all subjects of interest to the investors.
This is the detailed guide of Mangal Electrical IPO covering all you need to know about the company financials, business model, strengths, competition, and the application process through IPO Ji.
Mangal Electrical IPO Key Details
Important Mangal Electrical IPO Dates
- Anchor Investors Allotment – August 19, 2025
- IPO Opens for Subscription – August 20, 2025
- IPO Closes for Subscription – August 22, 2025
- Basis of Allotment Date – August 25, 2025
- Refunds & Demat Credit – August 26, 2025
- Mangal Electrical IPO Listing Date – August 28, 2025
Mangal Electrical IPO Lot Size & Investment
- Retail Investor Minimum – 1 lot (26 shares) = ₹14,586
- sNII (Small HNI) – 14 lots (364 shares) = ₹2,04,204
- bNII (Big HNI) – 69 lots (1,794 shares) = ₹10,06,434
About Mangal Electrical Industries Ltd
Mangal Electrical Industries Limited is a manufacturer of power equipments and transformer components with its incorporation in 2008 and today is based in the state of Rajasthan. This company is popular in the transformer and power infrastructure business circles due to its excellent product offering, brand memory and porfolio distributions.
The company has maintained a consistent growth in the Indian power sector, mainly as part of delivering essential transformer products, power-saving electricity products and as an EPC Contractor of substation/transmission infrastructure in India. With its headquarters at Jaipur, Rajasthan, the company has a persistent presence in the developing power sector.
Business Description
Mangal Electrical transacts in three important business areas:
Production ofTransformer Components -
- CRGO wide coils and Slit coils
- The amorphous ribbons and cores
- Coil and core assembles
- Toroidal cores, wound cores
- ICBs that are oil-immersed (OICBs)
Transformer Manufacturing-
- Sells transformers with 5 KVA (single-phase) to 10 MVA (three- phase)
- Electricity is distributed and transmitted with the use of products in a vast way
Trading & EPC Services;
- Exchange of the CRGO and CRNO coils, and amorphous ribbons
- EPC services to develop electrical substations that fulfil the power infrastructure sector
The firm markets its products through its lead brand name of Mangal Electrical that has gained credibility in efficiency, durability, and energy savings.
Production Plant
Mangal electrical industries that have five production units in Rajasthan are well equipped to generate production capacities. Installed annual capacities of the company are:
- CRGO- 16,200 MT
- Transformers -10,22,500 KVA
- ICBs - 75K
- Amorphous cores 2,400 MT
This strong infrastructure can help the company to serve the domestic demand and export prospects.
Market Presence/Customers
Mangal Electrical has established a diverse customer base in government utilities, state electricity boards, EPC contractors and the power sector among the private players. Its products are mostly used in:
- Materials transmission & distribution networks
- Power infrastructure works
- Industry and commercial electric use
Competitive Strengths
- Strong brand recall in transformer component manufacturing
- Backward and forward integration ensuring better operational efficiency
- Diversified customer base across India’s power sector
- Experienced leadership team with industry expertise
- Proven growth track record with consistent revenue and profit expansion
- Approvals and certifications that give it an edge over smaller competitors
Mangal Electrical has become one of the key transformer component and power infrastructure providers after a long period and emerged as a regional player. Its addition of Unit IV at Reengus, Sikar District (Rajasthan) will even increase capacity and storage allowing the company to achieve the rising demand.
As India increasingly puts emphasis on renewable energy, grid expansion and modernization of the power infrastructure, Mangal Electrical is in a good position to exploit the robust growth opportunities that the sector faces.
Mangal Electrical Financial Performance
Mangal Electrical has shown consistent growth in revenue and profitability, making its IPO attractive to investors.
Revenue grew 22% YoY (FY24–FY25).PAT increased 126% YoY, showcasing strong profitability.
Mangal Electrical IPO Valuation & Peers
At the upper price band of ₹561, Mangal Electrical’s market capitalization will be around ₹1,550 crore.
Listed peers:
- Vilash Transcore Ltd. – P/E 36.48
- Jay Bee Lamination Ltd. – P/E 18.28
Given the company’s growth trajectory, its valuation seems competitive compared to peers in the transformer and power equipment sector.
How to Apply for Mangal Electrical IPO on IPO Ji
Applying for the Mangal Electrical IPO is simple with IPO Ji.
- Login/Register on IPO Ji platform.
- Select Mangal Electrical IPO from the list of active IPOs
- Enter bid details (price within ₹533–₹561 and quantity in multiples of 26).
- Complete payment via UPI/Net Banking.
- Submit your IPO application securely.
You can also track allotment status directly via IPO Ji after the basis of allotment is finalized.
Anchor link: Check Mangal Electrical IPO allotment onlineAnchor link: View Mangal Electrical IPO allotment result
Mangal Electrical IPO Allotment & Listing Updates
- Mangal Electrical IPO allotment date – August 25, 2025
- Refund initiation – August 26, 2025
- Demat credit – August 26, 2025
- Mangal Electrical IPO listing date – August 28, 2025 on BSE & NSE
Stay tuned to IPO Ji for GMP (Grey Market Premium) updates, allotment status, refund process, and listing gains.
FAQs on Mangal Electrical IPO
Q1. What is the Mangal Electrical IPO price band? The price band is ₹533 to ₹561 per share.
Q2. What is the Mangal Electrical IPO lot size? One lot = 26 shares, minimum investment = ₹14,586
Q3. When will the Mangal Electrical IPO open and close? The IPO will open on August 20, 2025 and close on August 22, 2025.
Q4. How to check Mangal Electrical IPO allotment status? You can check via IPO Ji allotment checker or registrar Bigshare Services.
Q5. When is Mangal Electrical IPO listing date? Tentatively on August 28, 2025, at BSE and NSE.
Q6. What will the IPO funds be used for? Debt repayment, expansion of Unit IV, and working capital requirements.
