Mangal Electrical Industries IPO

Mainboard

Other Electrical Equipment

Listed On: Aug 28, 2025 at ₹ 556.0(NSE)

₹ 14586 /26 Shares

Check Allotment

20 Aug, 2025

Open Date

22 Aug, 2025

Close Date

25 Aug, 2025

Allotment Date

28 Aug, 2025

Listing Date

Price Summary

Last Closing

474.00 (-15.51%)

52 Week High

573.70

52 Week Low

456.00

Last Update

3-Oct-2025 3:30 PM

Mangal Electrical Industries IPO Live Subscription Details

QIB 10.54x

Retail 4.84x

NII 18.79x

BHNI 19.05x

SHNI 18.27x

Total 9.46x

Last updated: 22 Aug 2025,06:45:00 PM

Mangal Electrical Industries IPO Issue Details

Issue Price ₹533-561 per equity share
Face Value ₹10 Per Equity Share

Issue Size

Total Size 71,30,124 shares(aggregating up to ₹400 crore)
Fresh Share 71,30,124 shares(aggregating up to ₹400 crore)
Listing at BSE, NSE
List Price 556.0(NSE)
Listing Date 2025-08-28
Lead Manager Systematix Corporate Services Limited
Registrar Bigshare Services Private Limited

Market Lot Size

Investors can bid for a minimum of 26 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.

Application	Lots	Shares	Amount
Retail (min)	1	26	₹14,586
Retail(max)	13	338	₹1,89,618
SHNI(min)	14	364	₹2,04,204
SHNI(max)	68	1,768	₹9,91,848
BHNI(min)	69	1,794	₹10,06,434

Mangal Electrical Industries IPO Reservation

Mangal Electrical Industries IPO offers total 71,30,124 shares. Out of which 14,26,042 (20%) allocated to QIB, 10,69,519 (15%) allocated to NII,24,95,544 (35%) allocated to RII, NA (NA%) allocated to employees and 21,39,020 (30%) allocated to Anchor investors.

Investor Category	Shares Offered	Maximum Allottees
Anchor Investor Shares Offered	21,39,020 (30%)
QIB Shares Offered	14,26,042 (20%)
NII (HNI) Shares Offered	10,69,519 (15%)
bNII < ₹10L	7,13,012 (10%)
sNII < ₹10L	3,56,506 (5%)
Retail Shares Offered	24,95,544 (35%)
Total Shares Offered	71,30,124 (100%)

Mangal Electrical Industries IPO Documents

DRHP

RHP

ANCHOR

Mangal Electrical Industries IPO Details

Mangal Electrical Industries IPO is a book-built issue of ₹400 crores, The total issue size is ₹400 crores. The IPO of Mangal Electrical Industries is priced at ₹533-561 per equity share, which has a face value of ₹10 Per Equity Share each, IPO bidding starts from Aug 20, 2025 and ends on Aug 22, 2025. The allotment for Mangal Electrical Industries IPO will be finalized on Aug 25, 2025. Mangal Electrical Industries IPO will be listed on BSE, NSE, with a tentative listing date fixed as Aug 28, 2025. The company shall list its equity shares on the BSE, NSE. Bigshare Services Private Limited is the registrar of the issue.

Retail investors can bid for a minimum of 26 shares, extendable to 14,586. S-HNIs will be able to bid for 364 shares at ₹2,04,204, while B-HNIs can also apply for a bid of 1,794 shares at ₹10,06,434. The book-running lead manager for the IPO is/are Systematix Corporate Services Limited.

The total issue ₹400 crore, comprising a fresh issue of 71,30,124 shares ₹400 crore
The Mangal Electrical Industries IPO sets its price band at 533-561 for each share. A single application for Mangal Electrical Industries IPO must contain at least 26 shares. Sentiment investors need to invest a minimum of 26 through their retail account. For investors to prevent oversubscription issues, they should submit bids at the cutoff price, which estimates about ₹14,586 In order to participate in the sNII, investors must purchase at least 14 lots of 364 shares for ₹2,04,204, while the bNII requires 69 lots of 1,794 shares for an investment of ₹10,06,434.

As on	QIB	NII bNII sNII	Retail	Total
Shares Offered / Reserved	14,26,042	10,69,519 7,13,012 3,56,506	24,95,544	49,91,105
Day 1 20-08-25 05:00 PM	0.12 x	0.71 0.59 x 0.96 x	0.70 x	0.54 x
Day 2 21-08-25 05:00 PM	0.13 x	4.18 3.49 x 5.58 x	2.07 x	1.97 x
Day 3 22-08-25 05:00 PM	10.54 x	18.79 19.05 x 18.27 x	4.84 x	9.46 x

Total No of Applications

4,47,730

Subscription on the basis of Applications

Retail:4.39x BHNI:3.95x SHNI:18.0x

Mangal Electrical Industries Valuations

EPS Pre IPO ₹23.08/-

EPS Post IPO ₹17.12/-

P/E Pre IPO 24.31

P/E Post IPO 32.77

ROE 29%

ROCE 25.38%

Debt/Equity 0.92

RoNW 34.14%

PAT Margin 8.61%

Price to Book Value 7.09

Mangal Electrical Industries Company Financials

All values are in ₹ Cr.

	31-Mar-25	31-Mar-24	31-Mar-23
Assets	366.46	246.54	221.26
Revenue	551.39	452.13	357.81
Profit After Tax	47.31	20.95	24.74
Net Worth	162.16	114.99	93.97
Total Borrowing	149.12	92.12	96.64

About Mangal Electrical Industries Company

Mangal Electrical Industries Limited specializes in processing transformer components, including transformer lamination, CRGO slit coils, amorphous cores, coil assemblies, core assemblies, wound cores, toroidal cores, and oil-immersed circuit breakers. The company also trades CRGO and CRNO coils, as well as amorphous ribbons. It manufactures transformers and customized products for the power infrastructure industry, with transformer capacities ranging from single-phase 5 KVA to three-phase 10 MVA (medium power) units.

Mangal Electrical Industries - Promoter(s)

Rahul Mangal

Ashish Mangal

Saroj Mangal

Aniketa Mangal

Pre Issue Share Holding : 100%

Post Issue Share Holding : 74.19%

Mangal Electrical Industries IPO - Issue Objectives

Repayment/ prepayment, in full or in part, of certain outstanding borrowings availed by the company

Capital expenditure of the Company for expanding the facility at Unit IV situated Reengus, Sikar District, Rajasthan and civil works at ourexisting head office, Jaipur, Rajasthan to optimize space usage and increase storage capacity

Funding working capital requirements

General corporate purposes

Mangal Electrical Industries IPO - Anchor Investors

Mangal Electrical Industries raises Rs 120 crore through anchor book.

Notable investor Sunil Singhania's AbakAbakkusersified AlphSociete Generale, Finavenue Capital Trust, Swyom India Alpha Fund, Sundaram Alternative Investment Trust, Imap India Capital Investment Trust, and Aarthhthouse Canton-owned LC Pharos Multi Strategy Fund, Societe Generale, Finavenue Capital Trust, Swyom India Alpha Fund, Sundaram Alternative Investment Trust, Imap India Capital Investment Trust, and Aarth AIF Growth Fund were some other anchor investors in the company.

Contact Details

Mangal Electrical Industries

C-61, C-61 (A&B), Road No. 1-C, V. K. I. Area, Jaipur, Rajasthan, 302013

+91141-4036113

compliance@mangals.com

http://www.mangals.com/

Registrar Contact Details

Bigshare Services Pvt Ltd

+91-22-6263 8200

ipo@bigshareonline.com

https://ipo.bigshareonline.com/ipo_status.html

Mangal Electrical Industries IPO - FAQs

Ans. Mangal Electrical Industries IPO is a Mainboard IPO. The issue is priced at ₹533-561 per equity share. The minimum order quantity is 26 Shares. The IPO opens on Aug 20, 2025, and closes on Aug 22, 2025. Bigshare Services Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Ans. The Mangal Electrical Industries IPO opens on Aug 20, 2025 and closes on Aug 22, 2025.

Ans. You can track the real-time subscription numbers using the links below:

Ans. The size of Mangal Electrical Industries IPO is 71,30,124 shares(aggregating up to ₹400.00 Cr).

Ans. The IPO price band is set between ₹533-561 per equity share.

Ans. To apply for Mangal Electrical Industries IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Mangal Electrical Industries IPO in the List of IPOs
- Press Apply Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of Mangal Electrical Industries IPO is Aug 25, 2025.

Ans. The Mangal Electrical Industries IPO will be listed on Aug 28, 2025.

Ans. Follow the steps to check the allotment status for Mangal Electrical Industries IPO here.