Mangal Electrical IPO 2025 Mangal Electrical Industries Ltd. is coming up with its Initial Public Offering (IPO) in August 2025. The company, a leading manufacturer of transformers and transformer components, is raising ₹400 crore through a fresh issue. Here’s everything you need to know before applying for the Mangal Electrical IPO.
📌 Mangal Electrical IPO 2025 Details
- IPO Opening Date: August 20, 2025
- IPO Closing Date: August 22, 2025
- Allotment Date (Tentative): August 25, 2025
- Refund Initiation: August 26, 2025
- Credit of Shares to Demat: August 26, 2025
- Listing Date (Tentative): August 28, 2025
- Listing At: BSE, NSE
- Face Value: ₹10 per share
- Issue Size: ₹400 crore (71,30,124 shares)
- Issue Price Band: ₹533 – ₹561 per share
- Lot Size: 26 shares
📊 Mangal Electrical IPO 2025 Lot Size & Investment
| Investor Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 26 | ₹14,586 |
| Retail (Max) | 13 | 338 | ₹1,89,618 |
| S-HNI (Min) | 14 | 364 | ₹2,04,204 |
| B-HNI (Min) | 69 | 1,794 | ₹10,06,434 |
🏢 About Mangal Electrical Industries Ltd.
Founded in 2008, Mangal Electrical Industries Ltd. manufactures and supplies:
- Transformers (5 KVA to 10 MVA)
- Transformer components (CRGO slit coils, lamination, amorphous cores, core assemblies, wound cores, toroidal cores, and ICBs)
- EPC services for power infrastructure projects
The company operates five manufacturing units in Rajasthan with large production capacities. Its products are marketed under the well-known “Mangal Electrical” brand, which enjoys strong market recall.
As of June 30, 2025, the company has 761 permanent employees.
⚡ Competitive Strengths
- Strong promoters & experienced management
- Diversified customer base
- Proven track record of growth
- Integrated operations ensuring efficiency
- Recognized brand name in the power sector
💰 Mangal Electrical Financial Performance
| Financial Year | Revenue (₹ Cr) | PAT (₹ Cr) | EBITDA (₹ Cr) | Net Worth (₹ Cr) |
|---|---|---|---|---|
| FY 2025 | 551.39 | 47.31 | 81.84 | 162.16 |
| FY 2024 | 452.13 | 20.95 | 42.63 | 114.99 |
| FY 2023 | 357.81 | 24.74 | 44.42 | 93.97 |
👉 Revenue grew 22% YoY in FY25, while PAT rose 126%.
📈 Key Performance Indicators (FY25)
- ROE: 29%
- ROCE: 25.38%
- Debt/Equity: 0.92
- PAT Margin: 8.61%
- EBITDA Margin: 14.90%
- P/E (Post IPO): 32.77x
🎯 Objects of the Issue
The company plans to utilize IPO proceeds as follows:
- Repayment / Prepayment of borrowings: ₹101.27 Cr
- Capex for facility expansion (Unit IV, Rajasthan): ₹87.86 Cr
- Working capital requirements: ₹122.00 Cr
- General corporate purposes
🔎 Mangal Electrical IPO 2025 GMP (Grey Market Premium)
👉 Investors should keep an eye on the Mangal Electrical IPO GMP, which will indicate market sentiment before listing. (Will update closer to IPO date.)
📌 Mangal Electrical IPO Promoters
- Rahul Mangal
- Ashish Mangal
- Saroj Mangal
- Aniketa Mangal
Promoter Holding (Pre IPO): 100%
Promoter Holding (Post IPO): 74.19%
📝 Mangal Electrical IPO Review – Buy or Not?
Analyst View:
- The company has shown strong revenue and profit growth in FY25.
- Strong brand recall and integrated operations are positives.
- However, the IPO is aggressively priced with a post-issue P/E of ~33x.
Verdict: Investors with long-term outlook and high-risk appetite may consider subscribing. Conservative investors should wait for listing performance.
❓ Mangal Electrical IPO 2025 FAQs
Q1. What is theMangal Electrical IPO 2025?
👉 It is the Initial Public Offering (IPO) of Mangal Electrical Industries Ltd., through which the company is raising ₹400 crore via a fresh issue of shares.
Q2. What is the Mangal Electrical IPO issue size?
👉 The IPO size is ₹400 crore, consisting of 71,30,124 fresh equity shares.
Q3. What is the Mangal Electrical IPO price band?
👉 The price band is fixed at ₹533 – ₹561 per share.
Q4. What is the face value of Mangal Electrical IPO shares?
👉 The face value is ₹10 per share.
Q5. What is the lot size of Mangal Electrical IPO?
👉 The minimum lot size is 26 shares, requiring a minimum investment of around ₹14,586.
Q6. What is the minimum and maximum investment for retail investors?
👉 Minimum: 1 lot (26 shares, ~₹14,586)
👉 Maximum: 13 lots (338 shares, ~₹1,89,618)
Q7. Who are the promoters of Mangal Electrical Industries Ltd.?
👉 Rahul Mangal, Ashish Mangal, Saroj Mangal, and Aniketa Mangal.
Q8. What are the opening and closing dates of Mangal Electrical IPO?
👉 Opens on August 20, 2025 and closes on August 22, 2025.
Q9. When will the IPO allotment be finalized?
👉 Tentatively on August 25, 2025.
Q10. When will Mangal Electrical IPO list on stock exchanges?
👉 Tentative listing date is August 28, 2025 on BSE and NSE.
Q11. What is the objective of Mangal Electrical IPO?
👉 To repay/prepay borrowings, fund capex for expansion, meet working capital requirements, and general corporate purposes.
Q12. What is the financial performance of Mangal Electrical Industries?
👉 Revenue grew 22% YoY in FY25 to ₹551.39 Cr, while PAT increased 126% YoY to ₹47.31 Cr.
Q13. What is the market capitalization of Mangal Electrical IPO?
👉 Around ₹1,550 crore at the upper price band.
Q14. How to apply for Mangal Electrical IPO through Zerodha, Upstox, or Groww?
👉 Log in to your broker’s app → Go to IPO section → Select Mangal Electrical IPO → Enter bid details → Approve UPI mandate.
Q15. Should you invest in Mangal Electrical IPO?
👉 The IPO is fundamentally strong with good growth, but valuations are slightly high. Recommended for investors with a long-term outlook.
✅ Final Takeaway:
Mangal Electrical IPO 2025 is an opportunity in the power & transformer manufacturing sector. Backed by strong financial growth and brand reputation, it looks promising for long-term investors, though valuation seems slightly on the higher side.