Mangal Eletrical Industries Limited IPO
Mangal Electrical Industries Limited operates in the power infrastructure sector, specializing in processing transformer components like laminations, CRGO slit coils, amorphous cores, and coil assemblies. It also manufactures transformers ranging from 5 KVA to 10 MVA and offers EPC services for electrical sub-station projects. Additionally, the company trades CRGO/CRNO coils and amorphous ribbons, and supplies customized transformer solutions. Through its wide product range and service capabilities, the company supports critical infrastructure development in the energy sector.
Price Band₹533 - ₹561 |
Dates20 Aug - 22 Aug |
GMP₹34 (6.06%) |
Subscriptions9.46 times |
Issue Size₹400.00 Crs |
Mangal Eletrical Industries IPO Key Dates
Opening Date
20 Aug 25
Closing Date
22 Aug 25
Basis Of Allotment
25 Aug 25
Initiations Of Refund
26 Aug 25
Credit Of Shares
26 Aug 25
Listing Date
28 Aug 25
Mangal Eletrical Industries IPO Objects
- Repayment in full or in part, of certain outstanding borrowings availed by our Company
- Capital expenditure of our Company for expanding facility at Rajasthan
- Funding working capital requirements of our Company
- General corporate purposes
Mangal Eletrical Industries IPO Details
Price Band₹533 - ₹561 |
Listing AtNSE & BSE |
IPO Issue Type100% Book Built Offer |
Fresh Issue₹400.00 Cr (0.71 Cr Shares) |
Offer For Sale₹0.00 (0.00 Shares) |
Total Issue₹400.00 Cr (0.71 Cr Shares) |
Face Value₹10 per equity share |
Mangal Eletrical Industries IPO Lot Information
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Retail |
Minimum
1
26
14,586
Maximum
13
338
1,89,618
|
|||
| Small HNI |
Minimum
14
364
2,04,204
Maximum
68
1,768
9,91,848
|
|||
| Big HNI |
Minimum
69
1,794
10,06,434
|
|||
Mangal Eletrical Industries IPO Subscription
Updated as on 22-Aug-2025 19:00:00
| Investor Category | Subscription (times) | Shares Offered | Shared Bid |
|---|---|---|---|
| QIB | 10.54 | 15,00,955 | 1,58,21,702 |
| NII | 18.79 | 11,25,704 | 2,11,52,664 |
| bNII (bids above ₹10L) | 19.05 | 7,50,470 | 1,42,95,476 |
| sNII (bids between ₹2L to ₹10L) | 18.27 | 3,75,234 | 68,57,188 |
| Retail | 4.84 | 26,26,642 | 1,27,00,272 |
| Total | 9.46 | 52,53,301 | 4,96,74,638 |
Mangal Eletrical Industries IPO GMP
The estimated Grey Market Premium of Mangal Eletrical Industries IPO is ₹34 per share (6.06%)
Disclaimer: The GMP prices displayed here reflect news related to grey market trends. We do not trade or deal in the grey market, including subject-to-rates, nor do we recommend participating in grey market trading.
Category Allocation
| Particulars | Allocation |
|---|---|
| QIBs | Not more than 50% of Net Offer |
| Big HNIs (NII) | Not less than 10% of Net Offer |
| Small HNIs (NII) | Not less than 5% of Net Offer |
| Retail | Not less than 35% of Net Offer |
Mangal Eletrical Industries IPO Financials
| Particulars | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| Revenue from Operations | 549.42 | 449.48 | 354.31 |
| 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 |
| Total Assets | 366.46 | 246.54 | 221.26 |
| NAV per share (in ₹) | 79.10 | 56.09 | 45.84 |
| EPS - Basic (in ₹) | 23.08 | 10.22 | 12.07 |
The financial information presented is on a consolidated basis.
Key Performance Indicators
| KPI | Values |
|---|---|
| EBITDA | 14.90% |
| PAT | 8.61% |
| RONW | 34.14% |
| ROCE | 25.38% |
| Debt to Equity | 0.92 |
| PE Ratio | 24.31 |
| PB Ratio | 7.09 |
| Mkt Cap (in Crs.) | 1,550.05 |
- All the data pertains to FY 2024-25.
- PE, PB, and market capitalization are calculated based on the Upper Price Band.
Mangal Eletrical Industries IPO Peer Comparision
| Particulars | Mangal | Vilas Transcore | Jay Bee Laminations |
|---|---|---|---|
| Revenue from Ops (in Crs.) | 549.42 | 353.05 | 367.45 |
| PAT (In Crs.) | 47.31 | 34.17 | 25.39 |
| EPS - Basic | 23.08 | 14.58 | 12.31 |
| NAV per share | 79.10 | 117.68 | 65.42 |
| RONW | 34.14% | 15.27% | 24.11% |
| EBITDA | 14.90% | 12.62% | 11.70% |
| PAT Margin | 8.61% | 9.68% | 6.91% |
| Price to earning (PE) | 24.31 | 36.48 | 18.28 |
| Debt to Equity | 0.92 | 0.04 | 0.16 |
All information pertains to FY 2024-25. PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of August 12, 2025 for Peers
Mangal Eletrical Industries IPO Peer Comparision
| Particulars | Mangal |
|---|---|
| Revenue from Ops (in Crs.) | 549.42 |
| PAT (In Crs.) | 47.31 |
| EPS - Basic | 23.08 |
| NAV per share | 79.10 |
| RONW | 34.14% |
| EBITDA | 14.90% |
| PAT Margin | 8.61% |
| Price to earning (PE) | 24.31 |
| Debt to Equity | 0.92 |
| Vilas Transcore | Jay Bee Laminations |
|---|---|
| 353.05 | 367.45 |
| 34.17 | 25.39 |
| 14.58 | 12.31 |
| 117.68 | 65.42 |
| 15.27% | 24.11% |
| 12.62% | 11.70% |
| 9.68% | 6.91% |
| 36.48 | 18.28 |
| 0.04 | 0.16 |
All information pertains to FY 2024-25. PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of August 12, 2025 for Peers
Promoter Details
| Name | Shareholding |
|---|---|
| Rahul Mangal | 41.09% |
| Saroj Mangal | 28.37% |
| Ashish Mangal | 19.67% |
| Aniketa Mangal | 10.24% |
| Others | 0.63% |
| Total | 100.00% |
Management Details
| Name | Designation |
|---|---|
| Rahul Mangal | Chairman & MD |
| Pawan Mendiratta | CFO |
Company Details
Name: Mangal Electrical Industries Limited
Address: C-61, C-61 (A&B), Road No. 1-C, V. K. I. Area, Jaipur 302 013, Rajasthan, India
Number: +91141-4036113
Email: compliance@mangals.com
Website: http://www.mangals.com
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Mangal Eletrical Industries IPO is a Mainboard IPO having an issue size of Rs. ₹400.00 Crs. Mangal Eletrical Industries IPO is priced at ₹533 - ₹561 per share. The issue opens on 20 Aug 25 and closes on 22 Aug 25.
Mangal Eletrical Industries IPO opens on 20 Aug 25 and closes on 22 Aug 25.
The estimated Grey Market Premium of Mangal Eletrical Industries IPO is ₹34 per share (6.06%).
The minimum lot size of Mangal Eletrical Industries IPO is 26 shares & the minimum application amount is Rs. 14586.
The allotment date of Mangal Eletrical Industries IPO is 25 Aug 25.
The listing date of Mangal Eletrical Industries IPO is 28 Aug 25.
Mangal Eletrical Industries IPO is subscribed 9.46 times.
Mangal Eletrical Industries IPO is priced at ₹533 - ₹561 per share.
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