
The Mangal Electrical IPO is set to open on August 20, 2025, and will close on August 22, 2025. This IPO is categorized as a Book-Build Issue. The company aims to raise approximately ₹400 crores through the IPO, which includes a fresh issue of ₹400 crores and an offer for sale of up to [.] equity shares, each with a face value of ₹10.
The price band for the Mangal Electrical IPO is established between ₹533 and ₹561 per share. The allocation for retail investors is 35%, while Qualified Institutional Buyers (QIB) will receive 50%, and High Net-worth Individuals (HNI) will be allotted 15%. The Mangal Electrical IPO is scheduled to be listed on the BSE and NSE on August 28, 2025. The date for the allotment of shares for the Mangal Electrical IPO is August 25, 2025.
In terms of financial performance, the company reported a revenue of ₹551.39 crores in 2025, an increase from ₹452.13 crores in 2024. Additionally, the profit for 2025 was reported at ₹47.31 crores, compared to a profit of ₹20.95 crores in 2024. Based on these financial results, it is advisable for IPO investors to consider applying for the IPO with a long-term perspective.
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 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.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 26 | ₹14,586 |
| Retail Maximum | 13 | 338 | ₹1,89,618 |
| S-HNI Minimum | 14 | 364 | ₹2,04,204 |
| B-HNI Minimum | 69 | 1,794 | ₹10,06,434 |
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.
| 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 |
Promoters of Mangal Electrical IPO
The individuals behind the company are Rahul Mangal, Ashish Mangal, Saroj Mangal, and Aniketa Mangal.
About Mangal Electrical IPO
Established in 2008, Mangal Electrical Industries Limited is a leading firm specializing in the production of transformers utilized for the distribution and transmission of electricity within the power sector. The company engages in the design of various transformer components, including laminations, CRGO slit coils, amorphous cores, coil and core assemblies, wound cores, toroidal cores, and oil-immersed circuit breakers. Its brand, "Mangal Electrical," has developed a robust reputation characterized by a high brand recall value, and the company primarily markets and sells its products under this brand. The range of transformers manufactured by the company spans from 5 KVA to 10 MVA. Additionally, it offers EPC services for the construction of electrical substations in the power sector.
Mangal Electrical Industries operates five production facilities in Rajasthan, boasting 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 employs 761 permanent staff members 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
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2023 | ₹357.81 | ₹324.94 | ₹24.74 | ₹221.26 |
| 2024 | ₹452.13 | ₹424.02 | ₹20.95 | ₹246.54 |
| 2025 | ₹551.39 | ₹487.68 | ₹47.31 | ₹366.46 |
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.
| KPI | Values |
| ROE: | 34.14% |
| ROCE: | 25.38% |
| EBITDA Margin: | 14.90% |
| PAT Margin: | 8.61% |
| Debt to equity ratio: | 0.92 |
| Earning Per Share (EPS): | ₹23.08 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 34.14% |
| Net Asset Value (NAV): | ₹79.10 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Vilas Transcore Limited | 14.58 | 36.48 | 15.27% | 117.68 | 362.00 Cr. |
| Jay Bee Lamination Limited | 12.31 | 18.28 | 24.11% | 65.42 | 368.37 Cr. |
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