Mangal Electrical Industries, one of the well-known players in the electrical and automation components space, has recently floated its Initial Public Offering (IPO), which has generated huge interest among investors looking to be a part of its growth story. This IPO is a significant milestone for the company, which has consistently increased its presence in different industrial segments.
The IPO details
Mangal Electrical Industries IPO has opened for subscription on August 20, 2025, and will be closed on August 22, 2025. The offer is designed to mobilise fresh equity capital to support the company’s growth plans. The IPO price band has been settled at between ₹533 and ₹561 per equity share based on investor demand and company valuation.
The group has suggested offering shares to both institutional and retail investors, which is a balanced strategy to diversify its shareholder base. The IPO includes a new issue of shares, highlighting the firm’s strategy to leverage capital markets to raise growth funds.
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Business and Market Position
Mangal Electrical Industries is a leading precision electrical components and automation solutions manufacturer, providing products to industries like automotive, consumer electronics, and industrial equipment. With a rising order book and strong customer base, the company’s strategic emphasis is on innovation and increasing capacity to meet increasing market demand.
Its product portfolio diversification and focus on quality have made Mangal Electrical Industries a reliable collaborator with marquee customers locally and globally. The upcoming IPO will further strengthen its financial prowess and allow it to invest in technology and capacity expansion.
Key Dates and Allotment
IPO allotment date is August 27, 2025, the date the company will issue shares to applicants on a proportionate basis as per the demand. Investors can expect the shares to be credited to their demat accounts by August 29, 2025, to allow trading from the same day or the next day, based on the schedule of the stock exchange.
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Investors are asked to note these important dates to schedule their market operations and monitor the IPO progress. Closure of the subscription is the final chance for investors to subscribe for shares at the fixed price band.
Grey Market Premium (GMP) and Subscription
The Grey Market Premium (GMP) of Mangal Electrical Industries IPO is around ₹25 to ₹30 per share, which is an indication of good investor sentiment and list gains expectations. The IPO has been oversubscribed by 9.46 times as of 22nd August, 2025, retail investors subscribing 3.48 times and Non-Institutional Investors (NII) subscribing 19.78 times.
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Key take-aways
Mangal Electrical Industries’ IPO offers investors the chance to ride the growth of a niche player in electrical component manufacturing with sound industry credentials. With clearly outlined plans for expansion and modernisation, the firm is poised to gain from growing demand in industrial and consumer markets.
The IPO’s competitive price band, sound business model, and positive grey market sentiment are good signs for potential investors. Tracking allotment results and listing day performance will provide additional hints into this promising market entry.
