Mangal Electrical Industries
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IPO Timeline
Issue open date
20 Aug 2025Issue close date
22 Aug 2025UPI mandate deadline
22 Aug 2025Allotment finalization
23 Aug 2025Refund initiation
26 Aug 2025Share credit
26 Aug 2025Listing date
27 Aug 2025Mandate end date
8 Sep 2025Lock-in end date for anchor investors (50%)
22 Sep 2025Lock-in end date for anchor investors (remaining)
21 Nov 2025Grey Market Premium Trend
₹25
Current GMP
₹586
Est. Listing Price
4.5%
Est. Listing Gain
₹533 - ₹561
Price Band
GMP History
| Date | GMP (₹) | Est. Listing Price (₹) | Est. Listing Gain |
|---|---|---|---|
| 19 Aug | ₹25 | ₹586 | 4.46% |
| 18 Aug | ₹25 | ₹586 | 4.46% |
| 17 Aug | ₹0 | ₹561 | 0.00% |
| 16 Aug | ₹0 | ₹561 | 0.00% |
| 15 Aug | ₹0 | ₹561 | 0.00% |
| 14 Aug | ₹0 | ₹561 | 0.00% |
| 13 Aug | ₹0 | ₹561 | 0.00% |
Key Dates
Open
20 Aug 2025Close
22 Aug 2025Listing
28 Aug 2025Quick Stats
Issue Size:400cr
Lot Size:26 shares
Issue Details
Issue Size:400cr
Face Value:₹10
Listing At:BSE & NSE
Reservation
50%
QIB
15%
NII
35%
Retail
Additional Resources
About the Company
Incorporated in 2008, Mangal Electrical Industries is engaged in manufacturing transformers and processing key transformer components such as CRGO slit coils, amorphous cores, and core assemblies, catering to the power infrastructure sector. The company also trades CRGO/CRNO coils and offers EPC services for setting up electrical substations. With NABL and PGCIL lab approvals, ISO certifications, and a strong brand presence under “Mangal Electrical,” it serves both government utilities and private energy producers across India and international markets. Its in-house quality control, use of advanced German equipment, and diversified product portfolio support its reputation in the energy transmission and distribution space.
Strengths
- Strong promoter leadership and experienced management
- Selective regulatory approvals
- Diversified customer base
- Integrated operations for efficiency
- Consistent growth track record
Risks
- Dependence on third-party suppliers and logistics
- High power and fuel dependency
- Reliance on contract labour at project sites
Mangal Electrical Industries IPO – Frequently Asked Questions
- The price band for the Mangal Electrical Industries IPO is set at ₹533 to ₹561 per share.
- The Mangal Electrical Industries IPO opens on August 20, 2025 and closes on August 22, 2025.
- The tentative listing date for the Mangal Electrical Industries IPO is August 28, 2025.
- You can apply for the Mangal Electrical Industries IPO via your broker or bank using ASBA or UPI. Log in to your trading app (Zerodha, Upstox, Groww, etc.), select IPO section, choose Mangal Electrical Industries, enter lot quantity and UPI ID, then approve the mandate.
- The lot size for the Mangal Electrical Industries IPO is 26 shares. Investors must apply for at least one lot (i.e., 26 shares).