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Open
20 Aug 2025
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Close
22 Aug 2025
3
Allotment
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Listing
Thu, Aug 28, 2025
Price Band
₹533 to ₹561
Issue Size
71,30,124 shares (agg. up to ₹400 Cr)
Lot Size
26 Shares
Listing Date
Thu, Aug 28, 2025
Latest GMP
₹-3
Est. Gain
-0.53%
✦ AI Insight
GMP Trend
28-08-2025₹-3Est. ₹558-0.53%
27-08-2025₹-5Est. ₹556-0.89%
26-08-2025₹3Est. ₹564+0.53%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 7.27x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 366.46 | 246.54 | 221.26 |
| Total Income | 551.39 | 452.13 | 357.81 |
| Profit After Tax | 47.31 | 20.95 | 24.74 |
| EBITDA | 81.84 | 42.63 | 44.42 |
| NET Worth | 162.16 | 114.99 | 93.97 |
| Total Borrowing | 149.12 | 92.12 | 96.64 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Vikram Solar Ltd. | Mainboard | ₹2,079.37 Cr | ₹332 | 75.16 | ₹356.40 | +7.35% | ₹194.85 (+0.52%) |
| Prostarm Info Systems Ltd. | Mainboard | ₹168.00 Cr | ₹105 | 19.75 | ₹126.00 | +20.00% | ₹129.39 (+0.31%) |
| Waaree Energies Ltd. | Mainboard | ₹4,321.44 Cr | ₹1503 | 30.87 | ₹2,338.90 | +55.62% | ₹2,830.30 (+0.58%) |
| Premier Energies Ltd. | Mainboard | ₹2,830.40 Cr | ₹450 | 82.09 | ₹839.90 | +86.64% | ₹1,100.60 (+0.89%) |
| Parth Electricals & Engineering Ltd. | SME | ₹49.67 Cr | ₹170 | 18.05 | ₹182.70 | +7.47% | ₹402.50 (-3.44%) |
| Smarten Power Systems Ltd. | SME | ₹50.00 Cr | ₹100 | 11.75 | ₹151.20 | +51.20% | ₹60.45 (-2.34%) |
| Eppeltone Engineers Ltd. | SME | ₹43.96 Cr | ₹128 | 10.86 | ₹255.35 | +99.49% | ₹110.75 (-3.70%) |
| ATC Energies System Ltd. | SME | ₹63.76 Cr | ₹118 | 17.4 | ₹101.65 | -13.86% | ₹23.50 (+0.43%) |
| Yash Highvoltage Ltd. | SME | ₹110.01 Cr | ₹146 | 26.8 | ₹291.25 | +99.49% | ₹963.00 (-1.67%) |
| Vdeal System Ltd. | SME | ₹18.08 Cr | ₹112 | 11.79 | ₹178.50 | +59.38% | ₹158.00 (-0.32%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment/ prepayment, in full or in part, of certain outstanding borrowings availed by the Company | 101.27 |
| 2 | Capital expenditure including civil works of the Company for expanding the facility at Unit IV situated at Reengus Sikar District, Rajasthan | 87.86 |
| 3 | Funding working capital requirements of the Company | 122.00 |
| 4 | General Corporate Purposes | 64.84 |
| 5 | Issue Expenses | 24.03 |
| Total | 400.00 |
About Mangal Electrical IPO
Incorporated in 2008, Mangal Electrical Industries Limited is engaged in manufacturing the transformers that are used for the distribution and transmission of electricity in the power sector. The company processes transformer components, including lamination, CRGO slit coils, amorphous cores, coil and core assemblies, wound cores, toroidal cores, and oil-immersed circuit breakers. The company markets and sells its products under the brand name "Mangal Electrical," known for its strong reputation and high brand recall value. The company trades CRGO and CRNO coils, and amorphous ribbons, and manufactures transformers (5 KVA to 10 MVA). It also provides EPC services for setting up electrical substations in the power infrastructure sector. The company operates five production facilities in Rajasthan with an annual 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. Products Portfolio: The company manufactures and supplies critical components for transformers used in electricity distribution and transmission, including small, distribution, and large transformers, contributing to energy-saving electrical equipment. CRGO
Contact Details
Mangal Electrical Industries Ltd. AddressC-61, C-61 (A&B)Road No.1-CVishwakarma Industrial AreaJaipur, Rajasthan, 302013+91141-4036113compliance@mangals.comVisit Website