Mangal Electrical IPO Date, Review, Price, Allotment Details

Mangal Electrical IPO open date is August 20, 2025 and the IPO will close on August 22, 2025. Mangal Electrical IPO is a Book-Build Issue. The company is to raise around ₹400 crores via IPO that comprises a fresh issue of ₹400 crores and an offer for sale of up to [.] equity shares with a face value of ₹10 each.

Mangal Electrical's IPO price band is ₹533 to ₹561 per share. The retail quota is 35%, QIB is 50%, and HNI is 15%. Mangal Electrical IPO to list on BSE, NSE on August 28, 2025. The allotment of the Mangal Electrical IPO date is August 25, 2025.

The company reported revenue of ₹551.39 crores in 2025 against ₹452.13 crores in 2024. The company reported a profit of ₹47.31 crores in 2025 against a profit of ₹20.95 crores in 2024. As per the financials, the IPO investors should apply for the IPO for the long term.

Mangal Electrical IPO Details

Mangal Electrical IPO Market Lot

The Mangal Electrical IPO minimum market lot is 26 shares with a ₹14,586 application amount. The retail investors can apply for up to 13 lots with 338 shares of ₹1,89,618.

Mangal Electrical IPO Dates

The Mangal Electrical IPO date is August 20 and the close date is August 22. The Mangal Electrical IPO allotment will be finalized on August 25 and the IPO listing on August 28.

Promoters of Mangal Electrical IPO

The promoters of the company are Rahul Mangal, Ashish Mangal, Saroj Mangal and Aniketa Mangal.

About Mangal Electrical IPO

Founded in 2008, Mangal Electrical Industries Limited is a well-known business that specializes in producing transformers for the power industry's use in electricity transmission and distribution. Laminations, CRGO slit coils, amorphous cores, coil and core assemblies, wound cores, toroidal cores, and oil-immersed circuit breakers are among the transformer elements that the business designs. The business primarily markets and sells its goods under the "Mangal Electrical" brand, which has established a solid reputation for having a high brand recall value. Transformers with capacities ranging from 5 KVA to 10 MVA are produced by the business. Additionally, it offers EPC services for the construction of electrical substations in the power industry.

Currently, Mangal Electrical Industries operates five production facilities in Rajasthan with a combined yearly capacity of 2,400 MT for amorphous units, 750,000 KVA for transformers, 75,000 units for ICB, and 16,200 MT for CRGO. As of June 30, 2025, the company had 761 permanent employees.

Mangal Electrical IPO Company Financial Report

The company reported revenue of ₹551.39 crores in 2025 against ₹452.13 crores in 2024. The company reported a profit of ₹47.31 crores in 2025 against a profit of ₹20.95 crores in 2024.

Amount ₹ in Crores

Mangal Electrical IPO Valuation – FY2025

Check Mangal Electrical IPO valuation details like Earning Per Share (EPS), Price/Earning Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Peer Group Comparison

Objects of the Issue

• Repayment/prepayment, in full or in part, of certain outstanding borrowings availed by the Company
• Capital expenditure, including civil works of the Company for expanding the facility at Unit IV situated at Reengus Sikar District, Rajasthan
• Funding working capital requirements of the Company
• General corporate purposes

Mangal Electrical IPO Registrar

Bigshare Services Pvt. Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html

IPO Lead Managers aka Merchant Bankers

• Systematix Corporate Services Ltd. 

Company Address

Mangal Electrical Industries Ltd.
C-61, C-61 (A&B),
Road No. 1-C,
V. K. I. Area,
Jaipur, Rajasthan, 302013
Phone: +91141-4036113
Email: compliance@mangals.com
Website: http://www.mangals.com/