Mangal Electrical IPO Date, Price, GMP, Review, Allotment Details

Mangal Electricals IPO, a leading manufacturer and supplier of electrical equipment, is coming up with its Initial Public Offering (IPO) to raise funds for business expansion and working capital requirements. The company specializes in manufacturing transformers, switchgear, control panels, and other electrical components, catering to power distribution, infrastructure, and industrial sectors. Over the years, Mangal Electricals has built a strong reputation for delivering high-quality, reliable, and efficient products, backed by advanced manufacturing facilities and a skilled workforce. The IPO proceeds will be utilized to upgrade machinery, expand production capacity, strengthen the distribution network, and reduce debt. With a consistent track record of revenue growth and profitability, the company aims to leverage the rising demand in India’s power and infrastructure sector. Investors are closely watching this IPO as it could offer significant growth potential given the company’s market presence, diversified product portfolio, and focus on innovation and customer satisfaction.

Mangal Electrical IPO Details

IPO Open Date
August 20, 2025
IPO Close Date
August 22, 2025
Face Value
₹10 Per Equity Share
IPO Price Band
₹533 to ₹561 Per Share
Issue Size
Approx ₹400 Crores
Fresh Issue
Approx ₹400 Crores
Offer for Sale
Lot Size
26 Shares
IPO Listing
BSE & NSE
Retail Quota
Not more than 35%
QIB Quota
Not more than 50%
NII Quota
Not more than 15%

Mangal Electrical IPO Market Lot

Application
Lot Size
Shares
Amount
Retail Minimum
1
26
₹14,586
Retail Maximum
13
338
₹1,89,618
S-HNI Minimum
14
364
₹2,04,204
B-HNI Minimum
69
1,794
₹10,06,434

Mangal Electrical IPO Dates

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

Promoters of Mangal Electrical IPO

Rahul Mangal, Ashish Mangal, Saroj Mangal and Aniketa Mangal.

About Mangal Electrical IPO

Mangal Electricals IPO, a prominent name in the electrical equipment manufacturing sector, is set to launch its Initial Public Offering (IPO) to fuel its next phase of growth. The company has established itself as a trusted supplier of transformers, switchgear, control panels, and a wide range of electrical components that cater to industries such as power distribution, infrastructure, manufacturing, and construction. With a legacy of delivering high-quality, durable, and energy-efficient products, Mangal Electricals operates through modern manufacturing facilities equipped with advanced technology and adheres to stringent quality standards. Over the years, the company has built strong relationships with clients across government bodies, private corporations, and infrastructure developers. The IPO proceeds are earmarked for capacity expansion, upgrading production technology, improving working capital, and reducing existing debt, thereby enhancing operational efficiency. In recent financial years, Mangal Electricals has demonstrated steady revenue growth and healthy profit margins, supported by a growing demand for reliable electrical solutions in India’s rapidly expanding infrastructure and industrial sectors. By tapping into these market opportunities, the company aims to strengthen its market presence and expand its footprint across domestic and potential export markets. With its solid business fundamentals, strong brand reputation, and strategic growth plans, the Mangal Electricals IPO is attracting investor interest as a potential opportunity for long-term value creation in the capital markets.

Mangal Electrical IPO Company Financial Report

Period Ended
Revenue
Expense
Profit After Tax
Assets
2023
₹357.81
₹324.94
₹24.74
₹221.26
2024
₹452.13
₹424.02
₹20.95
₹246.54
2025
₹551.39
₹487.68
₹47.31
₹366.46

Mangal Electrical IPO Valuation

KPI Values
ROE: 34.14%
ROCE: 25.38%
EBITDA Margin: 14.90%
PAT Margin: 8.61%
Debt to equity ratio: 0.92
Earning Per Share (EPS): ₹23.08 (Basic)
Price/Earning P/E Ratio: N/A
Return on Net Worth (RoNW): 34.14%
Net Asset Value (NAV): ₹79.10

IPO Lead Managers

Systematix Corporate Services Ltd.

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

Registrar Contact Details

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

Company 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: compliance@mangals.com
Website: http://www.mangals.com/

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Mangal Electrical IPO Valuation