Mangal Electrical Industries Limited IPO
DRHP 24 Dec 2024 · listed 28 Aug 2025
Follow this IPOuse-of-proceeds reports, on Telegram
- Issue price
- ₹561.00
- band ₹533.00 to ₹561.00
- Subscription window
- 20 Aug to 22 Aug
- 2025
- Listing
- 28 Aug 2025
- NSE
- Subscribed
- 7.0x
- retail 3.1x
About the Mangal Electrical Industries IPO
Mangal Electrical Industries Limited raised money through a mainboard IPO on NSE and BSE.
Bidding ran Wed 20 Aug to Fri 22 Aug, at an issue price of ₹561 a share. The shares listed on 28 Aug 2025.
The book-running lead manager is Systematix Corporate Services Limited. The registrar, which handles allotment, is Bigshare Services Private Limited.
The issue was subscribed 6.97 times overall, with the retail portion at 3.14 times, as the exchange's bid book showed.
The draft offer document was filed on 24 Dec 2024.
newboard writes its studies from the offer document before an issue lists, and this one listed without one. The figures on this page are the exchange's and the offer document's, each with its source.
Mangal Electrical Industries IPO: questions answered
When was the Mangal Electrical Industries IPO open, and what were the price band and lot size?
Bidding ran Wed 20 Aug to Fri 22 Aug. The issue price is ₹561 a share.
When did the Mangal Electrical Industries IPO list?
The shares listed on 28 Aug 2025 on NSE and BSE.
How do I check the Mangal Electrical Industries IPO allotment status?
Allotment is finalised by the registrar, Bigshare Services Private Limited, usually the working day after the issue closes. Check it on the registrar's website or on BSE and NSE with a PAN, application number or DP ID. Shares not allotted have their blocked amount released by the refund date.
The Mangal Electrical Industries IPO allotment status page, with the direct links
Who are the registrar and lead managers of the Mangal Electrical Industries IPO?
The book-running lead manager is Systematix Corporate Services Limited. The registrar, which handles applications and allotment, is Bigshare Services Private Limited.
How many times was the Mangal Electrical Industries IPO subscribed?
6.97 times overall, as the exchange's bid book last showed: qualified institutions 9.22 times, non-institutional investors 12.46 times and retail 3.14 times.
What is the Mangal Electrical Industries IPO GMP?
newboard does not publish a grey-market premium. Grey-market deals happen outside the stock exchanges, are not regulated, and leave no public record of who traded at what price. What is on record is the offer document, read on this page, and the exchanges' bid book.
Where the money went
The monitoring agency's report for the quarter to 30 Sept 2026: each object in the offer document and how much of it had been used by then.
| Object | Proposed, ₹ crore | Used, ₹ crore |
|---|---|---|
| Total | 400.0 | 322.5 |
Mangal Electrical Industries IPO: the next step, on Telegram
A message when there is news on each use-of-proceeds report the company files. Free, no account, leave in one tap. Send /stop to end it.
Not on this page yet: an offer-document study, the peer table the issuer printed. Each is added when the pipeline extracts it from the offer document.
The figures on this page are the company's own, taken from its filings with the exchanges and SEBI, and every number links to the document and page it came from. They are reproduced as stated, not verified independently, and they are not forecasts by newboard.in. Nothing here is investment advice, a research report or a recommendation. newboard.in is not a SEBI-registered research analyst or investment adviser.