Mangal Electrical Industries Limited IPO
Mangal Electrical Industries Limited was a mainboard IPO in the Other Electrical Equipment sector, offered at ₹533–₹561 per share to raise ₹400 crore. The issue was subscribed 9.46× overall (QIBs 10.54×, NIIs 18.79×, retail 4.84×). It listed on 28 Aug 2025 at ₹556 and closed its first day at ₹535, a listing loss of -4.6% versus the ₹561 issue price. It now trades around ₹247 (-56.0% versus the issue price).
Frequently asked questions
- How many times was the Mangal Electrical Industries Limited IPO subscribed?
- The Mangal Electrical Industries Limited IPO was subscribed 9.46× overall — 10.54× in the QIB category, 18.79× among non-institutional investors, 4.84× in retail.
- What were the Mangal Electrical Industries Limited IPO listing gains?
- Mangal Electrical Industries Limited listed on 28 Aug 2025 at ₹556, closing its first day at ₹535 — a listing loss of -4.6% versus the ₹561 issue price.
- What were the retail allotment odds for the Mangal Electrical Industries Limited IPO?
- Retail was subscribed 4.84×, so a single-lot application had roughly a 20.7% chance of allotment (about 1 in 5), and allotment was finalised on 26 Aug 2025.
- What was the price band and lot size of the Mangal Electrical Industries Limited IPO?
- The price band was ₹533–₹561 per share, with a minimum lot of 26 shares (₹14,586 at the upper band).
- Who were the registrar and lead manager for the Mangal Electrical Industries Limited IPO?
- Bigshare Services Private Limited was the registrar, and Systematix was the book-running lead manager.