

Mangal Electrical
28 Aug '25MAINBOARD
Min. Investment
₹13,858
Issue size
₹400 Cr
GMP
Locked
Overall subscription: 8.75x
Check allotment status
Expert verdict



IPO dates
20 Aug
Opening
22 Aug
Closing
25 Aug
Allotment
28 Aug
Listing
*Refunds will be initiated on 26 Aug '25

IPO quota
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 26 | ₹14,586 |
HNI (Min) | 14 | 364 | ₹2,04,204 |


Subscription (as on 18 October 2025, 08:30 AM)
Overall8.75x





About company
Founded: 1989|MD: Mr Rahul Mangal
- Mangal Electrical Industries specialises in processing transformer components such as transformer laminations, cold-rolled grain-oriented (CRGO) slit coils, amorphous cores, and oil-immersed circuit breakers. The company also manufactures transformers ranging from single-phase 5 KVA to three-phase 10 MVA units and offers engineering, procurement, and construction (EPC) services for electrical substations. In addition, Mangal Electrical trades in CRGO and cold-rolled non-oriented (CRNO) coils and amorphous ribbons.
- The company operates five production facilities in Rajasthan, with a combined annual production capacity of 16,200 metric tonnes (mt) of CRGO, 1,022,500 kilovolt amperes (kva) of transformers, 75,000 units of oil-immersed circuit breakers, and 2,400 mt of amorphous units.
- The company has a global customer base, including government utilities and private energy producers. It also exports products to various countries, including the Netherlands, the United Arab Emirates (UAE), Oman, the United States (US), Italy, and Nepal.

Issue Details & Objective
Lot size
26 Shares
Price band
₹533 to 561
Face value
₹10 per share


Financials
FAQs
Should I apply for the Mangal Electrical IPO?

Our SEBI-registered investment advisors give out verdicts for each IPO. You can refer to their expert verdict at the top of this page. Please note that these verdicts are for informational purposes only and should not be construed as investment advice. Markets are subject to risk, and investors should exercise their own discretion and diligence.
What is the issue size of Mangal Electrical IPO?

The issue size of Mangal Electrical IPO is ₹400 Cr
What are the open and close dates for Mangal Electrical IPO?

The Mangal Electrical IPO will be open for applications from 20 Aug '25 to 22 Aug '25
What is the lot size and minimum order quantity of Mangal Electrical IPO?

The lot size of Mangal Electrical IPO is 26 Shares and its minimum investment amount is ₹13,858.
What is the GMP value of Mangal Electrical IPO?

Grey market premium (GMP) is a premium amount at which grey market IPO shares are traded before they get listed in the stock exchange. The GMP for Mangal Electrical IPO is 3.21
