31 Mar 2023
Assets221.26
Total Income357.81
EBITDA44.42
Profit After Tax24.74
NET Worth93.97
Total Borrowing96.64
At a glance
Updated 2026-08-24Mangal Electrical is a Mainboard IPO with an issue size of ₹400.00 crore, proposed for listing on BSE, NSE. The offer opens on 20th Aug 2025 and closes on 22nd Aug 2025. The issue structure includes a fresh issue of ₹400.00 crore. The current listing schedule points to 28th Aug 2025.
Issue details
Listing atBSE, NSE
Issue typeBook Build Issue
Issue size₹400.00 Cr
Fresh issue₹400.00 Cr
Face value₹10
Price band₹533.00–₹561.00
Allotment25th Aug 2025
Listing28th Aug 2025
Grey market
GMP page ↗Latest GMPNO GMP
GMP / upper priceNO DATA
Est. listing₹558.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens20th Aug 2025
Closes22nd Aug 2025
Allotment25th Aug 2025
Refund26th Aug 2025
Demat26th Aug 2025
Listing28th Aug 2025
Subscription demand
Full bidding ↗Total9.95×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 26 | ₹14,586 |
Company
Incorporated2008
Use of proceeds
| Object | Amount |
|---|---|
| Repayment/ prepayment, in full or in part, of certain outstanding borrowings availed by the Company | ₹101.27 Cr |
| Capital expenditure including civil works of the Company for expanding the facility at Unit IV situated at Reengus Sikar District, Rajasthan | ₹87.86 Cr |
| Funding working capital requirements of the Company | ₹122.00 Cr |
| General Corporate Purposes | ₹64.84 Cr |
| Issue Expenses | ₹24.03 Cr |
| Total | ₹400.00 Cr |
Financials
Full financials ↗31 Mar 2024
Assets246.54
Total Income452.13
EBITDA42.63
Profit After Tax20.95
NET Worth114.99
Total Borrowing92.12
31 Mar 2025
Assets366.46
Total Income551.39
EBITDA81.84
Profit After Tax47.31
NET Worth162.16
Total Borrowing149.12
Trend chart₹ crore
KPIs
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 29% |
| ROCE | 25.38% |
| Debt / Equity | 0.92% |
| RoNW | 34.14% |
| PAT Margin | 8.61% |
| EBITDA Margin | 14.90% |
| Price to Book Value | 7.09 |
Valuation & shareholding
Pre-IPO EPS23.08
Post-IPO EPS17.12
Pre-IPO P/E24.31
Post-IPO P/E32.77
Promoter holding pre100%
Promoter holding post74.19%
Market cap₹1550.05 Cr.
Issue expenses
| Expense | Amount |
|---|---|
| Repayment/ prepayment, in full or in part, of certain outstanding borrowings availed by the Company | ₹101.27 Cr |
| Capital expenditure including civil works of the Company for expanding the facility at Unit IV situated at Reengus Sikar District, Rajasthan | ₹87.86 Cr |
| Funding working capital requirements of the Company | ₹122.00 Cr |
| General Corporate Purposes | ₹64.84 Cr |
| Issue Expenses | ₹24.03 Cr |
| Total | ₹400.00 Cr |
Registrar & lead managers
Registrar
Bigshare Services Pvt.Ltd.Lead managers
- Systematix Corporate Services Ltd.
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-24.