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Mangal Electrical Industries Limited IPO | Important Dates and More
Author
Shoonya Team
Mangal Electrical Industries Limited is all set to launch its ₹400 crore IPO, giving investors a fresh opportunity to participate in India’s growing power sector. The issue opens on August 20, 2025, and closes on August 22, 2025, with shares expected to list on BSE and NSE by August 28, 2025.
The IPO is priced in the range of ₹533 to ₹561 per share. It comes with a lot size of 26 shares, which makes the minimum retail investment around ₹13,858. For small and high-net-worth investors, higher bidding options are also available.
Mangal Electrical has made a name in the power equipment space, especially in transformers and critical components. It supports electricity transmission and distribution. With strong financial growth, a 126% jump in profits in FY25, and a reputation for quality manufacturing, the company is looking to scale up further with this IPO.
Here are the quick steps to apply for the Mangal Electrical Industries IPO!
Mangal Electrical Industries Limited IPO Details
| IPO Details | Information |
| IPO Opening Date | August 20, 2025 |
| IPO Closing Date | August 22, 2025 |
| Face Value | ₹10 per share |
| Price Band | ₹533 to ₹561 per share |
| Lot Size | 26 Shares |
| Total Issue Size | 71,30,124 shares (aggregating up to ₹400.00 Cr) |
| Fresh Issue | Entirely Fresh Issue |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Shareholding Pre-Issue | 2,05,00,000 shares |
| Shareholding Post-Issue | 2,76,30,124 shares |
| Lead Manager | Systematix Corporate Services Ltd. |
| Registrar | Bigshare Services Pvt. Ltd. |
Mangal Electrical Industries Limited | Company Overview
Mangal Electrical Industries Limited, incorporated in 2008, is a trusted name in the power sector. The company offers products, including lamination, CRGO slit coils, amorphous cores, coil and core assemblies, wound cores, toroidal cores, and oil-immersed circuit breakers.
Apart from manufacturing, it also trades CRGO and CRNO coils, amorphous ribbons, and provides EPC services for establishing electrical substations.
With five production facilities based in Rajasthan, Mangal Electrical has a large-scale manufacturing capacity of 16,200 MT for CRGO, 10,22,500 KVA for transformers, 75,000 units for ICB, and 2,400 MT for amorphous units annually.
The company offers energy-efficient solutions across small, distribution, and large transformers. Its CRGO coils and core assemblies are designed to reduce energy losses and improve efficiency. As of June 30, 2025, the company employed 761 permanent staff across its offices and production units.
Mangal Electrical Industries Limited IPO | Key Details
- IPO Opening Date: August 20, 2025
- IPO Closing Date: August 22, 2025
- Allotment Date: August 25, 2025
- Price Band: ₹533 to ₹561 per share
- Mangal Electrical IPO Size: ₹400.00 crore
- Refunds Initiated: August 26, 2025
- Shares Credited to Demat: August 26, 2025
- Listing Date: August 28, 2025
- Cut-off Time for UPI Mandate Confirmation: 5 PM on August 22, 2025
Mangal Electrical Industries Limited IPO | Financial Overview
Mangal Electrical Industries Limited’s revenue grew by 22% in FY25. Profit after tax (PAT) more than doubled, showing an increase of 126% compared to FY24.
Below is a snapshot of its financial performance:
Amounts are in ₹ Crore
| Financial Information (₹ in Crore) | 31-Mar-25 | 31-Mar-24 | Change | Change (%) |
| Assets | 366.46 | 246.54 | 119.92 | 48.63% |
| Total Income | 551.39 | 452.13 | 99.26 | 21.95% |
| Profit After Tax | 47.31 | 20.95 | 26.36 | 125.83% |
| EBITDA | 81.84 | 42.63 | 39.21 | 91.97% |
| Net Worth | 162.16 | 114.99 | 47.17 | 41.02% |
| Total Borrowing | 149.12 | 92.12 | 57.00 | 61.89% |
Mangal Electrical Industries Limited IPO | FAQs
The Mangal Electrical Industries Limited IPO opens on August 20, 2025 and closes on August 22, 2025.
The Mangal Electrical Industries Limited allotment is expected on August 25, 2025, and the tentative listing date is August 28, 2025, on BSE and NSE.
The Mangal Electrical Industries Limited lot size is 26 shares, requiring a minimum investment of ₹14,586 by retail investors.
The Mangal Electrical Industries Limited IPO price band is fixed at ₹533 to ₹561 per share.
Investors can check the IPO allotment status on the registrar’s official website (Bigshare Services Pvt. Ltd.) or through their broker’s trading platform after the allotment date.
The Mangal Electrical Industries Limited IPO issue size is ₹400.00 crore, entirely a fresh issue.
Disclaimer: Investments in the securities market are subject to market risks; read all the related documents carefully before investing.
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