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Mangal Electrical IPO

Open 20th Aug 2025 · Close 22nd Aug 2025 · Listing 28th Aug 2025

Price Band₹533.00–₹561.00
Live GMPNO GMP
Subscription9.95×
Issue Size₹400.00 Cr
Allotment25th Aug 2025

IPO Objectives

Mangal Electrical IPO — dedicated ipo objectives page.

Objects of the Issue

#PurposeEstimated Amount
1Repayment/ prepayment, in full or in part, of certain outstanding borrowings availed by the Company₹101.27 Cr
2Capital expenditure including civil works of the Company for expanding the facility at Unit IV situated at Reengus Sikar District, Rajasthan₹87.86 Cr
3Funding working capital requirements of the Company₹122.00 Cr
4General Corporate Purposes₹64.84 Cr
5Issue Expenses₹24.03 Cr
6Total₹400.00 Cr