Mangal Electrical Industries Ltd
Pre Issue Shares
2,05,00,000
No. of Shares Issued
-
Pre Issue Equity Amt.
₹20.5 Cr
DP Filling Date
24 December 2024
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.
Mangal Electrical Industries Ltd IPO Details
| Mangal Electrical Industries Ltd IPO Date | - |
| Mangal Electrical Industries Ltd IPO Face Value | - |
| Mangal Electrical Industries Ltd IPO Price | - |
| Mangal Electrical Industries Ltd IPO Lot Size | - |
| Issue Size | - |
| Fresh Issue | - |
| Offer for Sale | - |
| Issue Type | - |
| Listing At | - |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Rahul Mangal, Ashish Mangal, Saroj Mangal |
Company Financials
Mangal Electrical Industries Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 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 Prospectus
Mangal Electrical Industries Ltd IPO Listing Date
| BSE Script | - |
| NSE Symbol | - |
| Listing In | - |
| 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