Mangal Electrical IPO Date, Review, Price, Allotment Details

Mangal Electrical IPO Details

Mangal Electrical IPO Market Lot

The Mangal Electrical IPO minimum market lot is 26 shares with ₹14,586 application amount. The retail investors can apply up-to 13 lots with 338 shares of ₹1,89,618 amount.

Mangal Electrical IPO Dates

The Mangal Electrical IPO date is August 20 and the close date is August 22. The Mangal Electrical IPO allotment will be finalized on August 25 and the IPO listing on August 28.

Promoters of Mangal Electrical IPO

The promoters of the company are Rahul Mangal, Ashish Mangal, Saroj Mangal and Aniketa Mangal.

About Mangal Electrical IPO

Mangal Electrical Industries Limited, incorporated in 2008, is a prominent company that focuses on the manufacturing of transformers that are used for the distribution and transmission of electricity in the power sector. The company is involved in the design of transformer parts that include laminations, CRGO slit coils, amorphous cores, coil and core assemblies, wound cores, toroidal cores, and oil-immersed circuit breakers. Its brand name, “Mangal Electrical,” has built a strong reputation for having a high brand recall value, and the company mostly markets and sells its products under its brand. The company manufactures transformers ranging from 5 KVA to 10 MVA. Moreover, it also provides EPC services for building electrical substations in the power sector.

Mangal Electrical Industries runs 5 production units in Rajasthan with an annual capacity of 16,200 MT for CRGO, 750,000 KVA for transformers, 75,000 units for ICB, and 2,400 MT for amorphous units as of now. The company includes 761 permanent employees as of June 30, 2025.

Mangal Electrical IPO Company Financial Report

The company reported revenue of ₹551.39 crores in 2025 against ₹452.13 crores in 2024. The company reported profit of ₹47.31 crores in 2025 against profit of ₹20.95 crores in 2024.

Amount ₹ in Crores

Mangal Electrical IPO Valuation – FY2025

Check Mangal Electrical IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Peer Group Comparison

Objects of the Issue

• Repayment/ prepayment, in full or in part, of certain outstanding borrowings availed by the Company
• Capital expenditure including civil works of the Company for expanding the facility at Unit IV situated at Reengus Sikar District, Rajasthan
• Funding working capital requirements of the Company
• General corporate purposes

Mangal Electrical IPO Review

• Canara Bank –
• DRChoksey FinServ –
• Emkay Global –
• Hem Securities –
• IDBI Capital –
• Marwadi Shares –
• Nirmal Bang –
• SBICAP Securities –
• Sharekhan –
• SMC Global –
• Sushil Finance –
• Swastika Investmart –
• Ventura Securities –
• Geojit –
• Reliance Securities –
• Capital Market –
• BP Wealth –
• ICICIdirect –
• Choice Broking –

Mangal Electrical IPO Registrar

Bigshare Services Pvt. Ltd.
Phone: +91-22-6263 8200
Email: [email protected]
Website: https://ipo.bigshareonline.com/IPO_Status.html

IPO Lead Managers aka Merchant Bankers

• Systematix Corporate Services Ltd. 

Company Address

Mangal Electrical Industries Ltd.
C-61, C-61 (A&B),
Road No. 1-C,
V. K. I. Area,
Jaipur, Rajasthan, 302013
Phone: +91141-4036113
Email: [email protected]
Website: http://www.mangals.com/

Mangal Electrical IPO FAQs