Mangal Electrical Industries Limited – IPO
Mangal Electrical Industries Limited – IPO Details
| IPO Date | August 20, 2025 to August 22, 2025 |
| Listing Date | August 28, 2025 |
| Face Value | ₹ 10 / Share |
| Price Band | ₹ 533 to ₹ 561 / Share |
| Lot Size | 26 Shares |
| Total Issue Size | 71,30,124 shares (Aggregating up to ₹400.00 Cr) |
| Fresh Issue | |
| Offer for Sale | |
| Employee Discount | |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 2,05,00,000 shares |
| Share holding post issue | 2,76,30,124 shares |
| Market Maker portion |
Mangal Electrical Industries Limited Timeline (Tentative Schedule)
Mangal Electrical Industries Limited IPO opens on August 20, 2025, and closes on August 22, 2025.
| IPO Open Date | August 20, 2025 |
| IPO Close Date | August 22, 2025 |
| Basis of Allotment | August 25, 2025 |
| Initiation of Refunds | August 26, 2025 |
| Credit of Shares to Demat | August 26, 2025 |
| Listing Date | August 28, 2025 |
| Cut-off time for UPI mandate confirmation | August 22, 2025 |
Mangal Electrical Industries Limited IPO Lot Size
Investors can bid for a minimum of 26 shares and in multiples thereof.The following table depicts the minimum and maximum investment by individual investors (retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 26 | Rs.14,586 |
| Retail (Max) | 13 | 338 | Rs.189,618 |
| S-HNI (Min) | 14 | 364 | Rs.204,204 |
| S-HNI (Max) | 68 | 1,768 | Rs.991,848 |
| B-HNI (Min) | 69 | 1,794 | Rs.1,006,434 |
| HNI (Min) |
Mangal Electrical Industries Limited IPO Promoter Holding
| Share Holding Pre Issue | 100.00% |
| Share Holding Post Issue | 74.19% |
Mangal Electrical Industries Limited IPO Reservation
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | |
|
| Market Maker Shares Offered | |
|
| Other Shares Offered | |
|
| QIB Shares Offered | Not more than 50% |
|
| NII (HNI) Shares Offered | Not less than 15% |
|
| bNII > ₹10L | |
|
| sNII < ₹10L | |
|
| Retail Shares Offered | Not less than 35% |
|
| Employee Shares Offered | |
|
| Total Shares Offered | |
Mangal Electrical Industries Limited IPO Anchor Investors Details
| Bid Date | |
| Shares Offered | |
| Anchor Portion Size (In Cr.) | |
| Anchor lock-in period end date for 50% shares (30 Days) | |
| Anchor lock-in period end date for remaining shares (90 Days) |
About Mangal Electrical Industries Limited
Established in 2008, Mangal Electrical Industries Limited is involved in the production of transformers utilized for electricity transmission and distribution in the power industry. Transformer components such as lamination, CRGO slit coils, amorphous cores, coil and core assemblies, wound cores, toroidal cores, and oil-immersed circuit breakers are processed by the company. The firm sells and markets its products under the brand name of "Mangal Electrical," which has a good reputation and high brand recall factor. The firm deals in CRGO and CRNO coils and amorphous ribbons and produces transformers (5 KVA to 10 MVA). It also offers EPC services for the installation of electrical substations in the power infrastructure industry. The firm has five manufacturing units in Rajasthan with the annual capacity of 16,200 MT for CRGO, 750,000 KVA for transformers, 75,000 units for ICB, and 2,400 MT for amorphous units.
Competitive Strengths:
Promoters have strong leadership skills and are backed by skilled senior management.
Display of some approvals accessible to a few market participants.
Diversified customer base.
Strong backward and forward integration that promotes operational efficiency.
Established record of sustained growth.
Key Performance Indicator
The market capitalization of the Mangal Electrical IPO is ₹1550.05 Cr.
| KPI | Values |
|---|---|
| ROE | 29% |
| ROCE | 25.38% |
| Debt/Equity | 0.92 |
| RoNW | 34.14% |
| P/BV | 7.09 |
| PAT Margin (%) | 8.61% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 23.08 | 17.12 |
| P/E (x) | 24.31 | 32.77 |
Note:
- The pre-IPO EPS is calculated based on pre-issue shareholding as of the date of the RHP and the latest FY earnings as of March 31, 2025, that are available in the RHP.
- The post-issue EPS is calculated based on the post-issue shareholding and annualized FY earnings of March 31, 2025, that are available in the RHP.
Objects of the Issue (Mangal Electrical Industries Limited IPO Objectives)
Mangal Electrical Industries Limited Contact Details
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: [email protected] Website: http://www.mangals.com/ |
Mangal Electrical Industries Limited IPO Registrar
Bigshare Services Pvt. Ltd. Phone: +91-22-6263 8200 Email: [email protected] |