Mangal Eletrical Industries Limited IPO

Mangal Eletrical Industries Limited IPO

Mainboard NSE & BSE 100% Book Built Offer
Closed

Price Band

₹533 - ₹561

Total Issue

₹400.00 Cr

Bid Dates

20 Aug - 22 Aug

Subscription

9.46x

Est. GMP

₹34 (6.06%)

Website RHP Check Allotment

Tentative Timetable

Open
Close
Allotment
Refunds
Credit
Listing

Business Overview

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.

Lot Info

Lot Information for Mangal Eletrical Industries IPO
Category Lots Shares Amount
Retail (Min) 1 26 ₹14,586
Retail (Max) 13 338 ₹1,89,618
S-HNI (Min) 14 364 ₹2,04,204
S-HNI (Max) 68 1,768 ₹9,91,848
B-HNI (Min) 69 1,794 ₹10,06,434

Category Reservation

QIB 50%
NII 15%
Ret 35%
Employee
₹0.00
Shareholder
₹0.00

Issue Size

Total ₹400.00 Cr
Fresh Issue
₹400.00 Cr (0.71 Cr Shares)
Offer For Sale
₹0.00 (0.00 Shares)

Objects of Issue

  1. Repayment in full or in part, of certain outstanding borrowings availed by our Company
  2. Capital expenditure of our Company for expanding facility at Rajasthan
  3. Funding working capital requirements of our Company
  4. General corporate purposes

Grey Market Premium

GMP ₹34
Est. Price ₹595
Est. Gain 6.06%

Mangal Eletrical Industries IPO Peer Comparison

(Rs. in crores)

Mangal Eletrical Industries IPO Peer Comparison Table
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

Financial Performance

(Rs. in crores)

Financial Performance Metrics for Mangal Eletrical Industries IPO
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

KPIs

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.

Shareholding

Promoter

100.00%

Public

0.00%

Rahul Mangal 41.09%
Saroj Mangal 28.37%
Ashish Mangal 19.67%
Aniketa Mangal 10.24%
Others 0.63%

Management

Rahul Mangal Chairman & MD
Pawan Mendiratta CFO

Registrar & Lead Managers

Registrar

Bigshare Services

Bigshare Services

Lead Managers (1)

Systematix Corporate Systematix Corporate

Subscription Status

Updated as on 22-Aug-2025 19:00:00

Mainboard Subscription Status for Mangal Eletrical Industries IPO
Category Sub (x) Offered Bids
QIB 11.09 14,26,042 1,58,21,702
NII 19.78 10,69,519 2,11,52,664
bHNI 20.05 7,13,012 1,42,95,476
sHNI 19.23 3,56,506 68,57,188
Retail 5.09 24,95,544 1,27,00,272
Total 9.95 49,91,104 4,96,74,638

Frequently Asked Questions

What is Mangal Eletrical Industries IPO?
Mangal Eletrical Industries IPO is a Mainboard IPO having an issue size of ₹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.
When will Mangal Eletrical Industries IPO open?
Mangal Eletrical Industries IPO opens on 20 Aug 25 and closes on 22 Aug 25.
What is the GMP of Mangal Eletrical Industries IPO?
The estimated Grey Market Premium of Mangal Eletrical Industries IPO is ₹34 per share (6.06%).
What is the lot size of Mangal Eletrical Industries IPO?
The minimum lot size of Mangal Eletrical Industries IPO is 26 shares & the minimum application amount is Rs. 14586.
When is the allotment of Mangal Eletrical Industries IPO?
The allotment date of Mangal Eletrical Industries IPO is 25 Aug 25.
What is the listing date of Mangal Eletrical Industries IPO?
The listing date of Mangal Eletrical Industries IPO is 28 Aug 25.
What is the subscription of Mangal Eletrical Industries IPO?
Mangal Eletrical Industries IPO is subscribed 9.46 times.
What is the price band of Mangal Eletrical Industries IPO?
Mangal Eletrical Industries IPO is priced at ₹533 - ₹561 per share.
How to check allotment status of Mangal Eletrical Industries IPO?
Click the allotment link on Mangal Eletrical Industries IPO page of IPO360.
How to apply Mangal Eletrical Industries IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply Mangal Eletrical Industries IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply Mangal Eletrical Industries IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Mangal Eletrical Industries IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date