Mangal Electrical Industries Limited IPO GMP

Mangal Electrical Industries is in the business of processing transformer components transformer lamination, CRGO slit coils, amorphous cores, coil assemblies and core assemblies, wound core, toroidal core and oil immersed circuit breakers. They also trade CRGO and CRNO coils, as well as amorphous ribbons. Further, they manufacture transformers and customised products in the power infrastructure industry. 

Mangal Electrical Industries, an Book Built Issue, amounting to ₹ 400.00 Crores, consisting entirely an Fresh Issue of 71.30 Lakh Shares. The subscription period for the Mangal Electrical Industries IPO opens on August 20, 2025, and closes on August 22, 2025. The allotment is expected to be finalized on or about Monday, August 25, 2025, and the shares will be listed on the BSE & NSE with a tentative listing date set on or about Thursday, August 28, 2025.

The Share Price Band of Mangal Electrical Industries IPO is set at ₹ 533 to ₹ 561 per equity share. The Market Capitalisation of the Mangal Electrical Industries at IPO price of ₹ 561 per equity share will be ₹ 1,550.05 Crores. The lot size of the IPO is 26 shares. Retail investors are required to invest a minimum of ₹ 14,586 (26 shares), while the minimum investment for High-Net-Worth Individuals (HNIs) is 14 lots (364 shares), amounting to ₹ 2,04,204.

Systematix Corporate Services Limited is the book running lead manager of the Mangal Electrical Industries, while Bigshare Services Private Limited is the registrar for the issue. 

Mangal Electrical Industries Limited IPO GMP Today
The Grey Market Premium of Mangal Electrical Industries IPO is expected to be ₹ 0 based on the financial performance of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.

Mangal Electrical Industries Limited IPO Live Subscription Status Today: Real-Time Update
As of 12:00 PM on 22 August, 2025, the Mangal Electrical Industries Limited IPO live subscription status shows that the IPO subscribed 1.09 times on its Final Day of subscription period. Check the Mangal Electrical Industries IPO Live Subscription Status Today at BSE.

Mangal Electrical Industries IPO Anchor Investors Report
Mangal Electrical Industries has raised ₹ 119.99 Crores from Anchor Investors at a price of ₹ 561 per shares in consultation of the Book Running Lead Managers. The company allocated 21,39,020 equity shares to the Anchor Investors. Check Full List of Mangal Electrical Industries Anchor Investor List.

Note:- Equity Shares allotted to Anchor Investors (if any) are allotted from Qualified Institutional Buyers (QIBs) reservation portion.
Note:- The Number of shares offered shown IPO subscription section table is calculated at the lower end of the price band and Number of shares calculated in IPO details table section is calculated at upper end of the price band in case of Book Building Issue, so there can be difference. This is because we assume shares will be issued by the company at upper band as Anchor Investors also subscribe at upper band and shares will be issued at lower band only if in case of undersubscription of IPO.
Note:- Market Maker portion (if any) are not shown separately in subscription table and included in NIIs reservation portion. 

Mangal Electrical Industries Limited Day Wise IPO GMP Trend

Mangal Electrical Industries Limited IPO Allotment Date - Step by Step Guide to Check Allotment Status Online
Mangal Electrical Industries IPO allotment date is 25 August, 2025, Monday. Mangal Electrical Industries IPO Allotment will be out on 25th August, 2025 and will be live on Registrar Website from the allotment date. Check Mangal Electrical Industries IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select Mangal Electrical Industries Limited IPO from the dropdown list of IPOs
- Enter your application number, PAN, or DP Client ID
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.

Objectives of Mangal Electrical Industries Limited IPO
Mangal Electrical Industries to utilise the Net Proceeds towards the following objects: 
1. ₹ 10,126.65 Lakh is required for Repayment/prepayment, in full or in part, of certain outstanding borrowings availed by the Company;
2. ₹ 8,785.63 Lakh is required for Capital expenditure including civil works of the Company for expanding the facility at Unit IV situated at Reengus Sikar District, Rajasthan to optimize space usage and increase storage capacity;
3. ₹ 12,200.00 Lakh is required for Funding working capital requirements of the Company; and
4. General corporate purposes (collectively, the “Objects”).

Refer to Mangal Electrical Industries Limited RHP for more details about the Company.