Mangal Electrical Industries Ltd

Symbol: MANGALELEC

Closed

Mangal Electrical Industries Ltd (Rajasthan-based) produces and trades core power infrastructure components—CRGO/CRNO coils, transformer laminations, amorphous cores, and core/coil assemblies—and manufactures transformers (from 5 KVA to 10 MVA), offering EPC services for substations. The company operates five manufacturing facilities and has shown strong financial growth (FY 2025 revenue ₹549 Cr; profit ₹47 Cr). With a ₹400 Cr IPO (₹533–561 per share, Aug 20–22, 2025), it aims to raise fresh capital for debt reduction, facility expansion, and working capital. Listing is expected on BSE & NSE, with the official ticker to be announced near listing.

IPO Details

₹533 - ₹561
26 shares
Valued around - ₹400 Cr
₹14,586

Important Dates

Aug 20, 2025
Wednesday
Aug 22, 2025
Friday
Aug 28, 2025
Thursday

Grey Market Premium (GMP)

+₹33

Current GMP

₹594

Expected Listing Price


Note: Grey Market Premium (GMP) is the premium at which IPO shares are traded in the unofficial grey market before listing. This is an indication and actual listing price may vary.