The shares of Mangal Electrical Industries Ltd were first listed on the stock exchanges on 28 Aug 2025.
Price Band / Share
Issue Size
Min Investment
Times Subscribed
Lot size
Price Band / Share
Issue Size
Min Investment
Times Subscribed
Lot size
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.
The shares of Mangal Electrical Industries Ltd were first listed on the stock exchanges on 28 Aug 2025.
The total issue size of the Mangal Electrical Industries Ltd IPO is 400.00
The minimum lot size for Mangal Electrical Industries Ltd public issue was 26.00 shares.
The price band of the IPO of Mangal Electrical Industries Ltd was 561.00 to 0.00 per equity shares.
Our Company was originally formed as a partnership firm constituted under the Indian Partnership Act, 1932 on April 28, 1989 under the name and the style of Mangal Electrical Industries. Thereafter, the partnership firm was converted into a private limited company under Part IX of the Companies Act, 1956 as `Mangal Electrical Industries Private Limited' and a fresh certificate of incorporation dated April 1, 2008 issued by the RoC. Thereafter, our Company was converted into public limited company pursuant to shareholder's resolution dated May 16, 2024, consequent to which the name of our Company was changed to Mangal Electrical Industries Limited, and a fresh certificate of incorporation dated July 25, 2024 was issued by the RoC.
Bigshare Services Pvt Ltd is the registrar and share transfer agent of Mangal Electrical Industries Ltd IPO.