Mangal Electrical IPO GMP: Day 1 IPO Live Updates

The Mangal Electrical IPO GMP is ₹0 as of 20th August 2025. It is a bookbuilding IPO of ₹400 crores. This is an entirely fresh issue of 0.71 crore shares. The issue will be listed on BSE and NSE on its tentative listing date, 28th August 2025. The face value of Mangal Electrical shares stands at ₹10 per share, and the IPO price band is set at ₹533 to ₹561 per share. Retail investors can bid for a minimum of 1 lot of 26 shares worth ₹14,586.

Mangal Electrical IPO GMP Grey Market Premium

As of 20th August 2025, Mangal Electrical IPO GMP stands at ₹27 per share. Thus, the estimated listing price would be ₹588. This indicates that the estimated listing gain in this IPO could be 4.81283%. However, GMP details are subject to change based on market conditions and fluctuations. Explore the table for the Mangal Electrical IPO GMP updates.

Mangal Electrical IPO Details

Explanation

Mangal Electrical IPO: Mangal Electrical Limited has declared that the issue price band is between ₹533 to ₹561 per share. With this IPO, the company allows retail investors to bid for at least 1 lot of 26 shares worth ₹14,586. The face value of Mangal Electrical Limited shares is ₹10 per share. The shares of Mangal Electrical Limited will be listed on BSE and NSE on its tentative listing day, 28th August 2025. Scroll down to check GMP updates and Mangal Electrical IPO reviews. 

Objectives of the Mangal Electrical IPO

The primary aim of the Mangal Electrical IPO is to raise ₹400.00 crores. On the other hand, Mangal Electrical has decided to utilise these funds in different ways. Explore some of the secondary objectives for the Mangal Electrical IPO.

• To meet the general corporate purpose.
• Repayment and/ or pre-payment, in full or in part, of certain outstanding borrowings availed by the Company
• To fund the working capital of the company.
• Capital expenditure, including civil works of the Company for expanding the facility at Unit IV situated at Reengus, Sikar District, Rajasthan.

Mangal Electrical IPO Registrar

Bigshare Services Private Limited is the registrar of the Mangal Electrical IPO, awaiting to manage the IPO allotment procedure and refund initiation. For any queries regarding the Mangal Electrical allotment and refund, you can contact Bigshare Services Private Limited at investor@bigshareonline.com or +91-22-6263 8200. 

Mangal Electrical IPO Review

The Mangal Electrical IPO has gained neutral ratings from industry experts, brokers, and institutional investors. Mangal Electrical Limited’s revenue increased by 22% from ₹452.13 crores in March 2024 to ₹551.39 crores in March 2025. Moreover, the company’s PAT rose by 126% from ₹20.95 crores to ₹47.31 crores. Investors can analyse other relevant factors and make a decision accordingly.

Most analysts recommend applying for this IPO to diversify your investment portfolio in the stock market. However, we’re waiting for further ratings to have a better idea and will keep posting them to deliver real-time insights. Until then, you can explore the company’s technical analysis to know whether you should apply for the Mangal Electrical IPO or not.

Mangal Electrical Limited Technicals

The PE ratio of Mangal Electrical Limited shares is 24.31, and its Earnings Per Share (EPS) stands at ₹23.08. Thus, the Mangal Electrical IPO can potentially deliver gains on its tentative listing date, 28th August 2025. 

Note: The data, as mentioned above, is taken from authentic sources and highlights pre-issue information. The PE ratio and EPS of Mangal Electrical Limited are subject to change after the IPO. Explore the table below to get post-issue updates on these two metrics. 

Mangal Electrical Limited IPO Peer Comparison

FAQs on Mangal Electrical IPO

What is the Mangal Electrical IPO GMP?

Ans.  Currently, on 20th August 2025, the Mangal Electrical IPO GMP (Grey Market Premium) stands at ₹27. This indicates that the estimated listing price could be ₹588 per share.

What is the issue price of the Mangal Electrical IPO?

Ans. The Mangal Electrical IPO price band has been set between ₹533 and ₹561 per share.  Retail investors can apply for a minimum of 1 lot consisting of 26 shares worth ₹14,586. Moreover, HNIs are required to bid for a minimum of 14 lots (364 shares) worth ₹2,04,204

Who is the registrar of the Mangal Electrical IPO?

Ans.  Bigshare Services Private Limited is the registrar of the Mangal Electrical IPO, awaiting to manage the IPO allotment procedure and refund initiation. For any queries regarding the Mangal Electrical allotment and refund, you can contact Bigshare Services Private Limited at investor@bigshareonline.com or +91-22-6263 8200. 

Disclaimer: The above information is compiled from authentic sources and is just for informational purposes. To have detailed information about the Mangal Electrical IPO, download the Mangal Electrical IPO RHP and Mangal Electrical IPO DRHP. Conduct your research before investing in IPOs to avoid significant losses. You can also consult your financial advisor.

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