Mangal Electrical Industries Ltd IPO 2025: Top 7 Key Highlights You Must Know

Published On: 17/08/20253.5 min read

Mangal Electrical Industries Ltd IPO 2025: Top 7 Key Highlights You Must Know

The Mangal Electrical Industries Ltd IPO is scheduled to open from August 20 to August 22, 2025, offering investors a promising opportunity in the electrical components sector. With a price band set between Rs 533 and Rs 561 per share and a lot size of 26 shares, this mainboard IPO aims to raise Rs 400 crore through a fresh issue. The listing is planned for August 27, 2025. In this article, we provide a comprehensive overview of the company, IPO details, financials, subscription status, and expert insights to help you make an informed decision.

Company Overview

Mangal Electrical Industries Ltd, established several years ago, operates primarily in the electrical industry, specializing in manufacturing transformer components and related electrical goods. The company is known for its integrated operations and diverse customer base, serving various segments of electrical infrastructure. With strong promoter leadership, the company has built a steady revenue stream over the years, reporting a total income of approximately Rs 551.39 crore in the recent fiscal year and a profit after tax (PAT) of Rs 47.31 crore, showcasing stable growth.

IPO Details

  • IPO Type: Mainboard IPO (Fresh Issue)
  • Issue Size: Rs 400 crore
  • Price Band: Rs 533 to Rs 561 per share
  • Lot Size: 26 shares (approx. Rs 14,586)
  • Issue Open Date: August 20, 2025
  • Issue Close Date: August 22, 2025
  • Listing Date: August 27, 2025

IPO Objectives

The proceeds from the IPO will be utilized by Mangal Electrical Industries Ltd primarily for:

  • Funding business expansion and modernization of manufacturing facilities
  • Meeting working capital requirements to support future growth
  • Repayment and reduction of existing debts to strengthen the balance sheet

Pre-IPO Placements

As of now, there are no public reports on any significant pre-IPO placements or major anchor investors participating before the issue opens. The company will have an anchor book-building day on August 19, 2025.

Financial Highlights

  • Total Income: Rs 551.39 crore (recent fiscal)
  • Profit After Tax (PAT): Rs 47.31 crore
  • Return on Equity (ROE): Approximately 28.8% average over recent years
  • EPS: Reports indicate steady earnings per share aligning with industry standards

Peer Comparison

Mangal Electrical Industries Ltd positions itself competitively among peers in the electrical component manufacturing space. Key metrics include a Price-to-Earnings (P/E) ratio in line with industry peers such as Vilash Transcore Limited and Jay Bee Laminations Limited, with a robust Return on Net Worth (RoNW) indicating efficient capital utilization relative to market capitalization of approximately Rs 1550 crore.

Strengths

  • Strong promoter leadership and experienced management team
  • Diversified customer base reducing dependency on single clients
  • Integrated manufacturing operations ensuring quality and cost-effectiveness
  • Positive financial track record with stable revenue growth and profitability

Risks

  • Intense competition in the electrical components sector may pressure margins
  • Dependency on regulatory approvals for expansion and product approvals
  • Market volatility and economic conditions could impact demand

Expert Verdict

Mangal Electrical Industries Ltd IPO presents an opportunity in a niche industrial segment with solid fundamentals. The company’s steady financials, experienced leadership, and strategic growth plans bode well for long-term investors. However, prospective investors should consider sector competition and market risks before applying.

Subscription Status

The subscription for the IPO opened on August 20, 2025, and progressed steadily across Qualified Institutional Buyers (QIB), Non-Institutional Investors (NII), and retail investors by the close on August 22. Real-time subscription updates can be tracked on official platforms like BSE and NSE.

Allotment & Listing Timeline

  • Anchor Investor Bidding: August 19, 2025
  • IPO Open Date: August 20, 2025
  • IPO Close Date: August 22, 2025
  • Allotment Date: Expected within a week post-close
  • Listing Date: August 27, 2025

FAQs

  • What is the minimum investment for Mangal Electrical IPO? Approximately Rs 14,586 for one lot of 26 shares.
  • Is Mangal Electrical IPO fresh issue or OFS? It is a fresh issue of Rs 400 crore.
  • What is the price band for this IPO? Rs 533 to Rs 561 per share.
  • When will the shares be listed? Expected on August 27, 2025.
  • How can I apply for the IPO? Applications can be made through ASBA using net banking or UPI on NSE, BSE, or selected brokers.

How to Apply

Investors can apply for the Mangal Electrical Industries Ltd IPO via the ASBA facility through banking portals or leading stockbrokers. Detailed application guidelines can be found on official exchange websites like NSE India or BSE India. For step-by-step guidance, Click here to apply through Zerodha.

Stay updated with the latest IPO news and details on NextIPOIndia.com.

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