Let us understand the important aspects related to the Mangal Electrical IPO. First, let us see the basics about Mangal Electrical:
Incorporated in 2008, Mangal Electrical Industries Ltd. is a transformer and electrical equipment manufacturer based in Jaipur, Rajasthan.
The company manufactures transformer laminations, CRGO slit coils, amorphous cores, coil & core assemblies, toroidal cores, and oil-immersed circuit breakers.
It also undertakes EPC projects for substations.
Operates 5 production units in Rajasthan with annual capacity of 16,200 MT (CRGO), 750,000 KVA transformers, 75,000 units (OCBs), and 2,400 MT (amorphous units).
Workforce of 761 employees as of June 30, 2025.
Mangal Electrical IPO Details 2025
The following are some of the important financial details of Mangal Electrical IPO:
Detail
Value
IPO Open Date
August 20, 2025
IPO Close Date
August 22, 2025
Face Value
₹10 per share
IPO Price Band
₹533 to ₹561 per share
Issue Size
Approximately ₹400 crore
Fresh Issue
Approximately ₹400 crore
Offer for Sale (OFS)
–
Lot Size
26 shares
Issue Type
Book Built Issue
IPO Listing
BSE and NSE
Retail Quota
Not more than 35%
QIB Quota
Not more than 50%
NII Quota
Not more than 15%
Mangal Electrical IPO Market Lot
The following table provides information about the Mangal Electrical IPO market lot:
Category
Lot Size
Shares
Amount
Retail Minimum
1
26
₹14,586
Retail Maximum
13
338
₹1,89,618
S-HNI Minimum
14
364
₹2,05,104
B-HNI Minimum
67
1,742
₹9,77,262
Mangal Electrical IPO Dates
The following are the important dates related to Mangal Electrical IPO:
Event
Date
IPO Open Date
August 20, 2025
IPO Close Date
August 22, 2025
Basis of Allotment
August 25, 2025
Refunds
August 26, 2025
Credit to Demat Account
August 26, 2025
IPO Listing Date
August 28, 2025
Mangal Electrical Financial Report
The following table shows the financial report of Mangal Electrical Ltd (in ₹ crore):
Year
Revenue
Profit After Tax
Assets
2023
357.81
24.74
221.26
2024
452.13
20.95
246.54
2025
551.39
47.31
366.46
Promoters of Mangal Electrical IPO
Mangal Electrical IPO is promoted by Rahul Mangal, Ashish Mangal, Saroj Mangal, and Aniketa Mangal.
Lead Managers (Merchant Bankers) for Mangal Electrical IPO
The following are the lead managers (also known as Merchant Bankers) for Mangal Electrical IPO:
Systematix Corporate Services Ltd.
Mangal Electrical IPO Registrar
The following is the Mangal Electrical IPO registrar details:
A mainboard IPO raising approximately ₹400 crore via a book-built issue priced at ₹533–₹561 per share, listing on BSE & NSE.
When does the Mangal Electrical IPO open and close?
The Mangal Electrical IPO opens on August 20, 2025, and closes on August 22, 2025.
What is the IPO investor portion?
The following is the IPO investor portion:
Retail: 35%
QIB: 50%
NII: 15%
How to apply for the IPO?
Through ASBA (internet banking) or via UPI through your broker. Offline application also possible.
What is the issue size?
The issue size for Mangal Electrical IPO is approximately ₹400 crore.
What is the price band?
The price band for Mangal Electrical is ₹533 to ₹561 per share.
What is the lot size?
The lot size for Mangal Electrical is 26 shares costing ₹14,586.
When is the allotment date?
Allotment date for Mangal Electrical is August 25, 2025.
When is the listing?
Mangal Electrical listing has been scheduled for August 28, 2025.
Important Disclaimer: We strive to provide the most up-to-date and accurate IPO details. However, details may change due to regulatory or market developments. Please verify key information before investing.