Mangal Electrical IPO

Mangal Electrical is launching an IPO worth Rs 400.00 crores through a bookbuilding process, entirely comprising a fresh issue of 0.71 crore shares. The IPO will open for subscription from August 20 to August 22, 2025, with allotment on August 25 and a tentative listing on BSE and NSE on August 28. The price band is set between Rs 533 to Rs 561 per share, with a lot size of 26 shares requiring a minimum retail investment of Rs 13,858. For sNII, the investment size is 14 lots (Rs 2,04,204), and for bNII, it is 69 lots (Rs 10,06,434). Systematix Corporate Services is the lead manager, and Bigshare Services is the registrar.

Mangal Electrical IPO Details

Check out the issue details for Mangal Electrical IPO as disclosed in SEBI.

IPO Price

₹ 561

Price Band

₹ 533 - 561

Issue Size

400 Cr.

Issue Type

Book Built

Open

2025-08-20

Close

2025-08-22

Listingprice

₹ 556

ListingGain

-0.89%

Listing Date

2025-08-28

CMP

₹ 549.45

Current Return

-2.06%

Mangal Electrical News

Mangal Electrical Industries coming with IPO to raise upto Rs 421 crore19 Aug 2025, 10:43AM Mangal Electrical Industries gets Sebi's nod to raise Rs 450 crore via IPO 12 Jun 2025, 2:45PM Mangal Electrical Industries files Rs 450 crore IPO papers with SEBI 28 Dec 2024, 11:51AM

Company Financials

You can get the following financial statements of Mangal Electrical as of now.

Company Name

Mangal Electrical

Exchange

NSE: MEIL BSE: 544492

  Profit Loss
  Balance Sheet
  Quarterly
  Shareholding
  Cash Flow

Mangal Electrical IPO Details

The details about the Mangal Electrical IPO are as follows:

  • The issue size of the IPO is Rs 400.00 Cr.
  • The price band for Mangal Electrical IPO is Rs 533 to Rs 561.
  • The shares of Mangal Electrical IPO will list on BSE and NSE.
  • The latest tentative GMP of Mangal Electrical IPO is Rs 36.
  • The shares of Mangal Electrical IPO are subscribed 9.95 Times.

 

Mangal Electrical IPO Valuation

The approximate valuation of Mangal Electrical IPO based on its price band and RHP is:

Particulars Value
Upper Price Band Rs 561
Existing Shares (Qty) 2.05 Cr
Fresh Issue Rs 400.00 Cr
Market Cap Rs 1550.05 Cr
EPS (FY25) Rs 23.08
PE Ratio 24.30x
Industry PE 27.38x

 

Mangal Electrical IPO Issue Size

Mangal Electrical IPO issue size is Rs 400.00 Cr.

Issue Amount
Fresh Issue Rs 400.00 Cr
Offer For Sale Rs 0 Cr

 

Mangal Electrical IPO Market Lot

An individual can apply for a minimum of 1 lot of 26 shares and a maximum of 13 lots (338 shares). Find the details below:

Application Lot Shares Amount
Retail Minimum 1 26 Rs 14,586
Retail Maximum 13 338 Rs 1,89,618

 

Mangal Electrical IPO Share Offer

The shares of Mangal Electrical IPO are subscribed 9.95 Times. The category-wise shares offered are as follows:

Category % Offered
Qualified Institutional Not more than 50%
Non-Institutional Not less than 15%
Retail Individual Not less than 35%

 

Mangal Electrical IPO GMP (Grey Market Premium)

As on GMP (Tentative)
20 August 2025 Rs 27
21 August 2025 Rs 33
22 August 2025 Rs 36

Mangal Electrical IPO GMP is purely for informational purposes. Invest in an IPO after thoroughly researching on your own.

Mangal Electrical IPO Dates

Find below the dates for Mangal Electrical IPO

Schedule Date
Basis of Allotment 25 Aug 2025
Refunds 26 Aug 2025
Credit to Demat Account 26 Aug 2025
IPO Listing Date 28 Aug 2025

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Net Sales 121 218.41 354.31 449.48 549.42
Total Expenditure 108.55 196.53 309.88 406.86 467.58
Operating Profit 12.45 21.88 44.42 42.63 81.84
Other Income 1.12 0.99 3.5 2.65 1.97
Interest 9.16 11.53 11.34 13.09 15.18
Depreciation 3.29 3.3 3.72 4.08 4.92
Exceptional Items 0 0 0 0 0
Profit Before Tax 1.12 8.04 32.87 28.11 63.71
Provision for Tax 0.05 1.97 8.13 7.16 16.4
Net Profit 1.07 6.07 24.74 20.95 47.31
Adjusted EPS (Rs.) 0.07 0.42 1.71 1.44 2.31

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity and Liabilities
Share Capital 14.5 14.5 14.5 14.5 20.5
Total Reserves 32.49 38.57 79.47 100.49 141.66
Borrowings 57.51 35.36 44 18.56 11.53
Other N/C liabilities 0.23 1.16 0.3 -0.3 0.56
Current liabilities 80.65 97.39 81.46 111.02 190.49
Total Liabilities 185.39 186.97 219.73 244.26 364.74
Assets
Net Block 30.41 30.98 33.92 39.76 39.47
Capital WIP 0 0.39 0 1.62 8.64
Intangible WIP 0 0 0 0 0.25
Investments 0 0 0 0 0
Loans & Advances 1.47 0.95 2.16 1.36 4.63
Other N/C Assets 14.95 0 6.08 8.35 12.26
Current Assets 138.56 154.66 177.58 193.17 299.5
Total Assets 185.39 186.97 219.73 244.26 364.74
* Other Non-current Liabilities include Net deferred Liabilities

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Jun 2025 74.19 0
* Figures given above are % of equity capital

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Profit from operations 1.12 8.04 32.87 28.11 63.71
Adjustment 12.27 15.53 16.72 18.89 20.8
Changes in Assets & Liabilities -13.83 12.94 -16.04 -2.13 -96.72
Tax Paid -0.09 0 -6.16 -8.31 -17.88
Operating Cash Flow -0.54 36.52 27.39 36.56 -30.09
Investing Cash Flow -9.71 -1.94 4.25 -12.63 -18.33
Financing Cash Flow 9.05 -33.16 -33.72 -17.6 41.82
Net Cash Flow -1.19 1.43 -2.08 6.33 -6.6

Mangal Electrical Industries IPO: Date, Share Price, Review & Details

Mangal Electrical Industries Ltd. is a reputed manufacturer and supplier of transformers and electrical components, based in Rajasthan. Established in 2008, the company specialises in power transmission products such as CRGO slit coils, amorphous cores, complete transformer units, and EPC solutions for setting up power substations. Mangal Electrical serves a mix of government utilities and private energy clients, operating multiple units in the state and focusing on quality certifications, technology upgrades, and integrated turnkey projects.

Mangal Electrical IPO Details (2025)

The Mangal Electrical IPO opens for subscription from August 20 to August 22, 2025. It is a book-building mainboard IPO with a price band set at Rs 533 to Rs 561 per share. The minimum lot size is 26 shares, and the total issue size amounts to Rs 400 crore, which is an entirely fresh issue (no offer for sale). The shares will be listed on both NSE and BSE, with allotment expected by August 25 and listing tentatively on August 28, 2025. The registrar is Bigshare Services Private Limited and Systematix Corporate Services Ltd. is the lead manager.

Use of IPO Proceeds

The proceeds from the IPO will be used to repay or prepay borrowings, fund expansion and capital expenditure at the company’s Unit IV in Sikar, Rajasthan, meet working capital requirements, and support general corporate purposes.

Mangal Electrical Promoters

The business is promoted by the Mangal family, with Rahul Mangal, Ashish Mangal, Saroj Mangal, and Aniketa Mangal at the helm, guiding the growth and direction of the company.

What You’ll Find on This Page

  • Access to Mangal Electrical’s audited financial statements, DRHP/RHP, and the latest valuation ratios

  • Comprehensive IPO review, subscription status, Grey Market Premium (GMP), and investment recommendations

  • Instructions and updates for checking allotment status post-issue

Frequently Asked Questions (FAQs) about Mangal Electrical Industries IPO

Q1: What are the key dates for the Mangal Electrical IPO?
The IPO opens on August 20, 2025, and closes on August 22, 2025. Listing is likely on August 28, 2025.

Q2: What is the price band and lot size for the IPO?
The price band is Rs 533 - Rs 561 per share and applications must be made for at least 26 shares.

Q3: How much is the total IPO issue size?
The IPO is for Rs 400 crore as a fresh issue.

Q4: How will the IPO proceeds be utilised?
Funds will be allocated for debt reduction, facility expansion, working capital, and general corporate needs.

Q5: On which exchanges will the shares be listed?
Shares will be listed on NSE and BSE.

Q6: How do I check the IPO allotment status?
Allotment status can be checked via Bigshare Services or the respective exchanges after finalisation.

Q7: Who are the company’s promoters and what are its strengths?
Promoted by the Mangal family, the company benefits from integrated manufacturing, regulatory approvals, and a diversified customer base.

For ongoing updates on the Mangal Electrical IPO share price, subscription information, listing news, and financial insights, keep checking this page.

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