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Mangal Electrical has released IPO and all details of IPO such as last date to apply, price, prospectus PDF and all other details are given below.
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 |
Lot Size | 26 Shares |
Issue Type | Book-Build Issue |
IPO Listing | BSE & NSE |
Retail Quota | Not more than 35% |
QIB Quota | Not more than 50% |
NII Quota | Not more than 15% |
Download Prospectus PDF | Click Here |
Mangal Electrical IPO Dates and Schedule
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 |
About Mangal Electrical IPO
Mangal Electrical Industries Limited, established in 2008, is involved in manufacturing transformers used for electricity distribution and transmission in the power sector. It produces various transformer components such as laminations, CRGO slit coils, amorphous cores, coil and core assemblies, wound cores, toroidal cores, and oil-immersed circuit breakers. The company sells its products under the brand name “Mangal Electrical,” which is well-known and has a strong market reputation. Apart from manufacturing transformers ranging from 5 KVA to 10 MVA, it also trades CRGO and CRNO coils, amorphous ribbons, and offers EPC services for setting up electrical substations.
The company operates five production units 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. Its product portfolio includes small, distribution, and large transformers, as well as energy-saving electrical equipment. Some of its key products are CRGO wide coils with high magnetic permeability and low core loss for large transformers, CRGO slit coils with precise dimensions to improve transformer efficiency, and CRGO core assemblies designed to reduce energy loss and enhance performance.
As of June 30, 2025, the company employs 761 permanent staff across its offices and production units. Its competitive strengths include strong leadership from promoters, experienced senior management, exclusive approvals available to select players, a diversified customer base, efficient backward and forward integration, and a proven track record of steady growth.