Mangal Electrical Industries Ltd
Price Range
₹533 - ₹561
-
Min. Quantity
26 Shares
Closes on
22 August 2025
-
Min. investment
₹14,586
Mangal Electrical Industries Ltd IPO Timeline
Mangal Electrical Industries Limited was originally formed as a partnership firm constituted under the Indian Partnership Act, 1932 on April 28, 1989 under the name and the style of 'Mangal Electrical Industries'. Thereafter, the partnership Firm was converted into a Private Limited Company as Mangal Electrical Industries Private Limited' dated April 1, 2008 issued by the RoC. Thereafter, the status of the Company was converted into Public Limited Company, consequent to which the name of the Company was changed to Mangal Electrical Industries Limited, and a fresh Certificate on Incorporate dated July 25, 2024 was issued by the RoC.
| Event | Date |
|---|---|
| Mangal Electrical Industries Ltd IPO Opening Date | 20 August 2025 |
| Mangal Electrical Industries Ltd IPO Closing Date | 22 August 2025 |
| Basis of Allotment | 25 August 2025 |
| Initiation of Refunds | 26 August 2025 |
| Credit of Shares to Demat | 26 August 2025 |
| Mangal Electrical Industries Ltd IPO Listing Date | 28 August 2025 |
Mangal Electrical Industries Ltd IPO Details
| Mangal Electrical Industries Ltd IPO Date | 20 August 2025 to 22 August 2025 |
| Mangal Electrical Industries Ltd IPO Face Value | ₹10 per share |
| Mangal Electrical Industries Ltd IPO Price | ₹533 to ₹561 per share |
| Mangal Electrical Industries Ltd IPO Lot Size | 26 |
| Issue Size | Shares of ₹10 (aggregating up to ₹400 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹400 Cr) |
| Offer for Sale | - |
| Issue Type | (Book Built Portion) |
| Listing At | BSE, NSE |
| QIB Shares Offered | Not more than 15,00,955 of the Net Offer |
| Retail Shares Offered | Not less than 26,26,642 of the Net Offer |
| NII (HNI) Shares Offered | Not less than 11,25,704 of the Net Offer |
| Company Promoters | Rahul Mangal, Ashish Mangal, Saroj Mangal |
Mangal Electrical Industries Ltd IPO Lot Size
The Mangal Electrical Industries Ltd IPO lot size is 26 shares. A retail-individual investor can apply for up to 13 lots (338 shares or ₹1,89,618).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 26 | ₹14,586 |
| Maximum | 13 | 338 | ₹1,89,618 |
- Strengths
- Risks
- Opportunities
- Promoters exhibit strong leadership and are supported by experienced senior management.
- Exhibition of certain approvals available to selected market players.
- Diversified base of customers.
- Strong backward and forward integration which ensures operational efficiency.
- Proven track record of consistent growth.
Company Financials
Mangal Electrical Industries Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2025 | 366.46 | 551.01 | 47.31 |
| 03-2024 | 246.54 | 452.13 | 20.95 |
| 03-2023 | 221.26 | 357.81 | 24.74 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Repayment/prepayment in full or in part of certain outstanding borrowings availed by the company
- Capital expenditure of the company for expanding the facility at unit IV situated
- Funding working capital requirements of the copany
- General corporate purposes
Mangal Electrical Industries Ltd IPO Promoter Holding
| Pre Issue Share Holding | 41.09% |
| Post Issue Share Holding | 30.48% |
Mangal Electrical Industries Ltd IPO Subscription Status (Bidding Detail)
The Mangal Electrical Industries Ltd IPO is subscribed 9.4559 times on 22 August 2025 05:00:00 PM. The public issue subscribed 4.8352 times in the retail category, 10.5411 times in the QIB category, and 18.7906 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | 10.5411 | 18.7906 | 4.8352 | - | 9.4559 |
Mangal Electrical Industries Ltd IPO Prospectus
Mangal Electrical Industries Ltd IPO Listing Date
| BSE Script | 544492 |
| NSE Symbol | MEIL |
| Listing In | BSE, NSE |
| ISIN | INE0PKD01011 |
| IPO Price | ₹561 |
| Face Value | ₹10 |
Company Contact Information
C-61 (A&B) Road No 1-CV K I Area,Jaipur-302013
Phone: +91141 4036 113
Email: compliance@mangals.com
Website: https://www.mangals.com
Mangal Electrical Industries Ltd IPO Registrar
Mangal Electrical Industries Ltd IPO Lead Manager(s)
- Systematix Corporate Services Ltd
FAQ
What is the issue size of Mangal Electrical Industries Ltd IPO?
I have pre-applied for Mangal Electrical Industries Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.