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Open
20 Aug 2025
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Close
22 Aug 2025
3
Allotment
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Listing
Thu, Aug 28, 2025
Price Band
₹533 to ₹561
Issue Size
71,30,124 shares (agg. up to ₹400 Cr)
Lot Size
26 Shares
Listing Date
Thu, Aug 28, 2025
Latest GMP
₹-3
Est. Gain
-0.53%
✦ AI Insight
GMP Trend
28-08-2025₹-3Est. ₹558-0.53%
27-08-2025₹-5Est. ₹556-0.89%
26-08-2025₹3Est. ₹564+0.53%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 7.27x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 366.46 | 246.54 | 221.26 |
| Total Income | 551.39 | 452.13 | 357.81 |
| Profit After Tax | 47.31 | 20.95 | 24.74 |
| EBITDA | 81.84 | 42.63 | 44.42 |
| NET Worth | 162.16 | 114.99 | 93.97 |
| Total Borrowing | 149.12 | 92.12 | 96.64 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Vikram Solar Ltd. | Mainboard | ₹2,079.37 Cr | ₹332 | 75.16 | ₹356.40 | +7.35% | ₹169.28 |
| Prostarm Info Systems Ltd. | Mainboard | ₹168.00 Cr | ₹105 | 19.75 | ₹126.00 | +20.00% | ₹135.23 |
| Waaree Energies Ltd. | Mainboard | ₹4,321.44 Cr | ₹1503 | 30.87 | ₹2,338.90 | +55.62% | ₹2,571.00 |
| Premier Energies Ltd. | Mainboard | ₹2,830.40 Cr | ₹450 | 82.09 | ₹839.90 | +86.64% | ₹988.80 |
| Parth Electricals & Engineering Ltd. | SME | ₹49.67 Cr | ₹170 | 18.05 | ₹182.70 | +7.47% | ₹545.00 |
| Smarten Power Systems Ltd. | SME | ₹50.00 Cr | ₹100 | 11.75 | ₹151.20 | +51.20% | ₹56.15 |
| Eppeltone Engineers Ltd. | SME | ₹43.96 Cr | ₹128 | 10.86 | ₹255.35 | +99.49% | ₹141.00 |
| ATC Energies System Ltd. | SME | ₹63.76 Cr | ₹118 | 17.4 | ₹101.65 | -13.86% | ₹22.20 |
| Yash Highvoltage Ltd. | SME | ₹110.01 Cr | ₹146 | 26.8 | ₹291.25 | +99.49% | ₹961.25 |
| Vdeal System Ltd. | SME | ₹18.08 Cr | ₹112 | 11.79 | ₹178.50 | +59.38% | ₹146.15 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment/ prepayment, in full or in part, of certain outstanding borrowings availed by the Company | 101.27 |
| 2 | Capital expenditure including civil works of the Company for expanding the facility at Unit IV situated at Reengus Sikar District, Rajasthan | 87.86 |
| 3 | Funding working capital requirements of the Company | 122.00 |
| 4 | General Corporate Purposes | 64.84 |
| 5 | Issue Expenses | 24.03 |
| Total | 400.00 |
About Mangal Electrical IPO
Updated on Aug 5, 2026
Contact Details
Mangal Electrical Industries Ltd. AddressC-61, C-61 (A&B)Road No.1-CVishwakarma Industrial AreaJaipur, Rajasthan, 302013+91141-4036113compliance@mangals.comVisit Website