IPO Details
- Price Band: ₹533 to ₹561 per share
- Issue Size: ₹400 crores
- Lot Size: 26 shares
- Listing Date: August 28, 2025 (tentative)
- Listing Exchange: BSE and NSE
Investment Details
- Minimum Investment: ₹14,586 (26 shares at ₹561 per share)
- Retail Quota: 35% of the issue size
- QIB Quota: 50% of the issue size
- NII Quota: 15% of the issue size
Company Overview
Mangal Electrical Industries Limited is a leading player in India’s power infrastructure sector, engaged in processing transformer components and manufacturing transformers. With five production facilities across Rajasthan, the company boasts an annual installed capacity of 16,200 MT for CRGO, 750,000 KVA for transformers, 75,000 units for oil-immersed circuit breakers (ICB), and 2,400 MT for amorphous cores.
Use of IPO Proceeds
- Repayment of Borrowings: ₹101.27 crores
- Capital Expenditure: ₹87.86 crores for expanding the facility at Unit IV
- Working Capital Requirements: ₹122 crores
- General Corporate Purposes: remaining amount
Financial Performance
- Revenue (FY 2025): ₹551.39 crores
- Profit After Tax (FY 2025): ₹47.31 crores
- Return on Net Worth (RoNW): 34.14%
