Mangal Electrical IPO Opens Today: All You Need to Know
Mangal Electrical Industries Limited has launched its Initial Public Offering (IPO) today, August 20, 2025. The public offering has been making a buzz in th IPO market. This IPO will remain open for bidding until August 22, 2025.
Mangal Electrical is known for manufacturing transformers and other such electrical equipment. The Company aims to raise a sum of ₹400 crore through this public issue by issuing fresh shares.
- The price band for the Mangal Electrical IPO is set between ₹533 and ₹561 per equity share.
- Investors can apply within this range, depending on demand and availability.
- The IPO will be listed on both the NSE (National Stock Exchange) and BSE (Bombay Stock Exchange).
- Post-listing, investors will have the opportunity to trade the stock on these exchanges.
With India’s power and infrastructure sectors expanding rapidly, the Mangal Electrical IPO is attracting attention from investors who are optimistic about the company’s future growth.
If you’re considering investing, be sure to study the company’s financials and market position before applying.
Mangal Electrical IPO Grey Market: What Does It Mean for You?
Are you investing Mangal Electrical’s IPO? If Yes, Here’s some exciting news- the company’s shares are very active in the grey market.
Market analyst and observers report that these shares are trading at a ₹21 premium today.
Eventually, the Grey Market Premium (GMP) for Mangal Electrical IPO is of ₹21, This explains that If this premium holds, investors could see a potential listing gain of around 4% compared to the IPO’s upper price band of ₹561.
So, if you’re planning to invest, this early market signal could be a promising indicator of good returns!
- Mangal Electrical IPO Size and Lot Size:
- The company aims to raise ₹400 crore by issuing fresh shares, with one lot consisting of 26 shares.
- Mangal Electrical IPO Registrar:
- Bigshare Services Private Limited is the official registrar.
- Mangal Electrical IPO Lead Manager:
- Systematix Corporate Services is the lead manager.
As someone who trades, Mangal Electrical IPO might look promising with a ₹21 grey market premium and a strong price band of ₹533-₹561. Listing gains seem likely, making it worth watching closely. But puting money in such things is always subjected to sentimental shifts. Being cautious shall always be the option.
(With Inputs)
Aishwarya is a journalism graduate with over three years of experience thriving in the buzzing corporate media world. She’s got a knack for decoding business news, tracking the twists and turns of the stock market, covering the masala of the entertainment world, and sometimes her stories come with just the right sprinkle of political commentary. She has worked with several organizations, interned at ZEE and gained professional skills at TV9 and News24, And now is learning and writing at NewsX, she’s no stranger to the newsroom hustle. Her storytelling style is fast-paced, creative, and perfectly tailored to connect with both the platform and its audience. Moto: Approaching every story from the reader’s point of view, backing up her insights with solid facts.
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