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Mangal Electrical Industries Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Mangal Electrical Industries Ltd IPO

Registered Office: C-61 (A&B) Road No 1-C,V K I Area , Jaipur - 302013 , Rajasthan , India.
Phone : +91141 4036 113   Fax:
Email :  compliance@mangals.com  
Website :  https://www.mangals.com
Initial public offering of up to 71,30,124 equity shares of face value of (Rs)10/- each ("Equity Shares") of Mangal Electrical Industries Limited (the "Company" or the "Issuer") for cash at a price of (Rs)561/- per equity share, including a share premium of (Rs)551/- per equity share (the "Issue Price") aggregating up to (Rs)400.00 crores (the "Issue"). The issue shall constitute 25.81% of the post-issue paid-up equity share capital of the company.

Issue Money Payable On
Opens On Closes On Application Allotment
20-Aug-25 22-Aug-25 (Rs)561.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :26  Further Multiples of :26

  (Rs Cr) Lead Managers to the Issue
Project Cost 375.97
Systematix Corporate Services Ltd
Project Financed through Current Offer 400.00  
Post Issue Equity Share Capital 27.63  
Issue Price (Rs)561.00  
 
Projects
Repayment/prepayment in full or in part of certain outstanding borrowings availed by the companyFunding working capital requirements of the copany
Capital expenditure of the company for expanding the facility at unit IV situatedGeneral corporate purposes
Promoted By
Rahul Mangal  
Ashish Mangal  
Saroj Mangal  
Listing At
BSE 
NSE 
Registrar to the Issue
Bigshare Services Pvt Ltd