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Mangal Electrical Industries Limited IPO
Issue Size (Net)
Rs 400.00 Crores
Price Band
Rs.533 to Rs. 561 per share
Issue Opens
August 20, 2025
Issue Closes
August 22, 2025

Company Highlights

1. Company Information

Incorporated in 2008, Mangal Electrical Industries Limited is engaged in manufacturing the transformers that are used for the distribution and transmission of electricity in the power sector. The company processes transformer components, including lamination, CRGO slit coils, amorphous cores, coil and core assemblies, wound cores, toroidal cores, and oil-immersed circuit breakers. The company markets and sells its products under the brand name "Mangal Electrical," known for its strong reputation and high brand recall value. The company trades CRGO and CRNO coils, and amorphous ribbons, and manufactures transformers (5 KVA to 10 MVA). It also provides EPC services for setting up electrical substations in the power infrastructure sector. The company operates five production facilities in Rajasthan with an annual capacity of 16,200 MT for CRGO, 10,22,500 KVA for transformers, 75,000 units for ICB, and 2,400 MT for amorphous units. Products Portfolio: The company manufactures and supplies critical components for transformers used in electricity distribution and transmission, including small, distribution, and large transformers, contributing to energy-saving electrical equipment. CRGO Wide Coil: The company manufactures CRGO-wide coils with high magnetic permeability and low core loss, ideal for large transformers where high efficiency is crucial for optimal performance. CRGO Slit Coil: The company manufactures precision slit coils from CRGO sheets, ensuring exact dimensions for transformer core construction, reducing energy loss, and enhancing efficiency in transformer production where precise sizing is essential. CRGO Core Assembly: The company assembles CRGO laminations for core assemblies, ensuring low core loss and high efficiency, used in various transformers to minimize energy loss and optimize operational performance.

2. Competitive Strengths

1) Promoters exhibit strong leadership and are supported by experienced senior management.
2) Exhibition of certain approvals available to selected market players.
3) Diversified base of customers.
4) Strong backward and forward integration which ensures operational efficiency.
5) Proven track record of consistent growth.

3. Mangal Electrical Industries IPO Registrar
Bigshare Services Pvt.Ltd.

Phone:+91-22-6263 8200
Email:  ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com

Mangal Electrical Industries Limited Financial Information (Restated Consolidated)

Period Ended
Total Assets
Total Revenue
Profit After Tax
EBITDA
Net Worth
Total Borrowing
31-Mar-25
366.46
551.39
47.31
81.84
162.16
149.12
31-Mar-24
246.54
452.13
20.95
42.63
114.99
92.12
31-Mar-23
221.26
357.81
24.74
44.42
93.97
96.64
Amount in Rs. Crore

Mangal Electrical Industries IPO Details

Issue Opening Date August 20, 2025 
Issue Closing Date August 22, 2025
Face Value Rs.10 per share
Price Rs.533 to Rs.561 per share
Lot Size 26 Shares
Sale Type Fresh Capital
Total Issue Size 71,30,124 shares (aggregating up to Rs.400.00 Cr)
Issue Type Bookbuilding IPO
Listing At BSE, NSE

Mangal Electrical Industries IPO Timeline (Tentative Schedule)

Event Tentative Date
Opening Date Wed, Aug 20, 2025
Closing Date Fri, Aug 22, 2025
Tentative Allotment Mon, Aug 25, 2025
Initiation of Refunds Tue, Aug 26, 2025
Credit of Shares to Demat Tue, Aug 26, 2025
Listing Date Thu, Aug 28, 2025
Cut-off time for UPI mandate confirmation 5 PM on August 22, 2025

Prospectus

Prospectus File

RR Investors Capital Services Pvt. Ltd AMFI-registered Mutual Fund Distributor

ARN-0032 Validity 14-Mar-2027

Head Office - 4th floor, Indraprakash Building 21, Barakhamba Road, New Delhi – 110001

callLandline Number
+91 11-4444-1111

Customer Care
+91 9350316010

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