Mangal Electrical Industries Limited IPO

BSE, NSEClosed

Check Allotment

Aug 20, 2025Open Date

Aug 22, 2025Close Date

TBAAllotment Date

Aug 28, 2025Listing Date

Subscription Details

View Subscription Details

QIB10.54x

Retail4.84x

NIIs (Non-Institutional Investors)Main Category

18.79x

↳ NII Sub-Categories

sHNI (< ₹10L)

Bids ₹2L to ₹10L

18.27x

bHNI (> ₹10L)

Bids above ₹10L

19.05x

Overall Subscription

Total Bids Received

9.46x

Updated: 10 Jul, 06:09 pm

Mangal Electrical Industries Limited IPO Issue Details

Issue Price₹533-561 Per Equity Share

Face Value₹10 Per Equity Share

Fresh Share71,30,124 shares(aggregating up to ₹400 crore)

Listing AtBSE, NSE

Listing DateAug 28, 2025

RegistrarBigshare Services Pvt Ltd

Market Lot Details

Category	Lots	Shares	Amount
sHNI (Min)	14	364	₹2,04,204
sHNI (Max)	68	1,768	₹9,91,848
bHNI (Min)	69	1,794	₹10,06,434

Reservation Details

Category	Shares Offered	%
NII	10,69,519	15%
QIB	14,26,042	20%
Anchor	21,39,020	30%

Valuations

EPS (Pre-IPO)

23.08

EPS (Post-IPO)

17.12

P/E (Pre-IPO)

24.31

P/E (Post-IPO)

32.77

RoNW

34.14%

PAT Margin

8.61%

P/B Value

7.09

Financial Information (₹ in Crores)

Metric	FY 25	FY 24	FY 23
Total Assets	366.46	246.54	221.26
Total Revenue	551.39	452.13	357.81
Profit After Tax	47.31	20.95	24.74
Net Worth	162.16	114.99	93.97

* All figures are in ₹ Crores unless otherwise stated.

Objectives of the Issue

1Repayment/ prepayment, in full or in part, of certain outstanding borrowings availed by the company
2Capital expenditure of the Company for expanding the facility at Unit IV situated Reengus, Sikar District, Rajasthan and civil works at ourexisting head office, Jaipur, Rajasthan to optimize space usage and increase storage capacity
3Funding working capital requirements
4General corporate purposes