Mangal Electrical IPO is to open on August 20, 2025. It is a Mainboard IPO that will raise ₹400 crores. The Mangal Electrical IPO price band is fixed at ₹533 to ₹561 with a market lot of 26 Shares.
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 GMP Live Rates day by day with Kostak rates.
| Date | IPO GMP | GMP Trend | Kostak | Subject to |
| 29 Aug | ₹0 | – | ₹- | ₹- |
| 28 Aug | ₹0 | – | ₹- | ₹- |
| 27 Aug | ₹4 |  | ₹- | ₹- |
| 26 Aug | ₹22 |  | ₹- | ₹400 |
| 25 Aug | ₹17 | | ₹- | ₹300 |
| 23 Aug | ₹17 | | ₹- | ₹300 |
| 22 Aug | ₹36 | | ₹- | ₹700 |
| 21 Aug | ₹33 | | ₹- | ₹650 |
| 20 Aug | ₹27 | | ₹- | ₹500 |
| 19 Aug | ₹21 | | ₹- | ₹- |
| 18 Aug | ₹- | – | ₹- | ₹- |
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% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Mangal Electrical IPO Dates
| 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 |
Mangal Electrical IPO GMP aka Grey Market Premium FAQs:
What is Mangal Electrical IPO GMP Today?
What is Mangal Electrical IPO Kostak Rate Today?
What is Mangal Electrical IPO Subject to Sauda Today?
What is Mangal Electrical IPO Expected Returns?
Disclaimer:
- IPO Grey Market Premium (Mangal Electrical IPO GMP) mention is valid for the specific date as mentioned in the header.
- We are not buying and selling IPO forms on IPO Grey Market.
- Kostak Rate is the premium one gets by selling his/her IPO application (in an off-market transaction) to someone else even before allotment or listing of the issue.
- Do not subscribe for IPO by just seeing the premium Price as it may change anytime before listing. Subscribe only considering the fundamentals of the companies.
