Mangal Electrical Industries IPO

IPO Details		RHP:
Opening Date Aug 20, 2025	Closing Date Aug 22, 2025	Price Band ₹533 – ₹561 per share
Issue Size 71,30,124 shares	Face Value ₹10 per share	Market Lot 26 Shares

Minimum Investment
₹ 14586 / 26 shares

IPO Timeline

Open Date Aug 20, 2025

Close Date Aug 22, 2025

Allotment FinalisationAug 25, 2025

Demat TransferAug 26, 2025

Refund InitiationAug 26, 2025

Listing7 Aug 28, 2025

About Mangal Electrical Industries IPO

The Company are in the business of processing transformer components, including transformer lamination, CRGO slit coils, amorphous cores, coil assemblies and core assemblies, wound core, toroidal core and oil immersed circuit breakers. The company also trade CRGO and CRNO coils, as well as amorphous ribbons. Further, the company manufactures transformers and customised products in the power infrastructure industry. The Company manufactures transformers with capacities ranging from single-phase 5 KVA to three-phase 10 MVA (medium power) units and also provide EPC services for setting up electrical sub-station, catering to the power infrastructure sector

Mangal Electrical Industries IPO Subscription Status

Date	QIB	NII	Retail	Total
TBA	0	0	0	0
TBA	0	0	0	0

Mangal Electrical Industries IPO Financial Status

Particulars (in Rs. Crores)	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

Mangal Electrical Industries IPO SWOT Analysis

Strengths

Promoters exhibit strong leadership and are supported by experienced senior management.
Diversified base of customers.
Strong backward and forward integration which ensures operational efficiency.
Proven track record of consistent growth.

Risks

The Company faces foreign currency fluctuation risks from importing raw materials, exporting products, and borrowings, which may negatively impact its operations, financial condition, and cash flows.
The Company heavily relies on CRGO and transformer products, and adverse market changes may negatively impact its business, financial condition, results, cash flows, and prospects.
The Company faces risks from credit terms extended to its customers, including distributors, dealers, retailers, and end users.
The Company lacks definitive supply agreements with customers and suppliers, and failure to leverage these relationships may harm them.