Mangal Electrical IPO Allotment Status

Mangal Electrical IPO is a book-built issue aiming to raise ₹400.00 crore. It comprises a fresh issue of 71.30 lakh equity shares aggregating up to ₹400.00 crore. The bidding window was open from August 20, 2025, to August 22, 2025, with the IPO allotment to be finalised on August 25, 2025. Mangal Electrical is scheduled to list on BSE and NSE on August 28, 2025.

The IPO was priced at ₹561 per share with a lot size of 26 shares. The public issue received bids for 4,96,69,802 shares against 49,91,105 shares available, resulting in an overall subscription of 9.95 times. NIIs led the response, subscribing 19.78 times their quota, followed by QIBs at 11.09 times and retail investors at 5.09 times.

How to Check Mangal Electrical IPO Allotment Status Online on NSE?

• Go to the application status page
• Select "Equity and SME IPO bids"
• Choose "Mangal Electrical" from the Issue Name dropdown
• Provide your Application Number or PAN
• Click on Submit

How to Check Mangal Electrical IPO Allotment Status Online on BSE?

• Go to the application status page
• Select "Equity" under the Issue Type
• Choose "Mangal Electrical" from the Issue Name dropdown
• Provide your Application Number or PAN
• Click on “I am not a robot” and submit

How to Check Mangal Electrical IPO Allotment Status Online on the Registrar’s Website?

• Go to the registrar’s official website.
• Select "Mangal Electrical" from the company list.
• Enter your Client ID, Application Number, or PAN.
• Click on Submit.

Mangal Electrical IPO Details

Mangal Electrical’s ₹400.00 crore IPO, priced at ₹561 per share, was subscribed 9.95 times overall. The IPO is entirely a fresh issue of 71.30 lakh equity shares aggregating up to ₹400.00 crore. Bidding took place from August 20 to August 22, 2025, with the Mangal Electrical IPO allotment status on August 25, 2025. Retail investors subscribed 5.09 times and NIIs 19.78 times. Listing is expected on August 28, 2025.

Allocation Quota for Mangal Electrical

The table below breaks down the Mangal Electrical share allocation for different categories, highlighting the number of shares and their percentage of the total issue. However, the key focus remains on the quotas allocated to retail investors and HNIs, as they are the most relevant for individual investors.

Data Source: NSE

Mangal Electrical IPO – Overall Subscription Status

Note: The subscription details are as of August 22, 2025

Mangal Electrical Business Overview

Mangal Electrical Industries Limited was incorporated in 2008 and is engaged in manufacturing transformers used for electricity distribution and transmission in the power sector. The company also processes a wide range of transformer components, including lamination, CRGO slit coils, amorphous cores, coil and core assemblies, wound cores, toroidal cores, and oil-immersed circuit breakers. These products are marketed under the “Mangal Electrical” brand, which enjoys strong recognition and high recall value in the industry.

Alongside transformer manufacturing, the company trades in CRGO and CRNO coils and amorphous ribbons. It produces transformers ranging from 5 KVA to 10 MVA and provides engineering, procurement, and construction (EPC) services for setting up electrical substations. This combination of product offerings and services positions the company as a comprehensive solutions provider in the power infrastructure segment.

Mangal Electrical operates five production facilities in Rajasthan, which together provide significant manufacturing capacity. These include 16,200 MT for CRGO, 10,22,500 KVA for transformers, 75,000 units for oil-immersed circuit breakers, and 2,400 MT for amorphous units. Such a broad manufacturing base strengthens its operational capabilities and enables it to serve diverse customer needs across the sector.

As of June 30, 2025, the company employed 761 permanent staff working across its registered office, corporate office, and production units. Its competitive strengths lie in the leadership of its promoters, experienced senior management, backward and forward integration that improves efficiency, a diversified customer base, and a proven record of consistent growth.

Know more about IPO allotment status and check your application details online for the latest updates on share allocation.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

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