| IPO Listing At | BSE, NSE |
| IPO Issue Type | Book Build Issue |
| Issue Size | ₹400.00 Cr |
| Fresh Issue | ₹400.00 Cr |
| Face Value | โน10 Per Equity Share |
| Price Band | โน533.00-561.00 per share |
| BSE Code | 544492 |
| NSE Code | MEIL |
| Registrar | Bigshare Services Pvt.Ltd. |
| Lead Managers | Systematix Corporate Services Ltd. |
| Allotment Status |
| DRHP |
| RHP |
| Final Prospectus |
| Anchor List |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 26 shares and in multiples thereof
Incorporated in 2008, Mangal Electrical Industries Limited is engaged in manufacturing the transformers that are used for the distribution and transmission of electricity in the power sector.
The company processes transformer components, including lamination, CRGO slit coils, amorphous cores, coil and core assemblies, wound cores, toroidal cores, and oil-immersed circuit breakers.
The company markets and sells its products under the brand name "Mangal Electrical," known for its strong reputation and high brand recall value.
The company operates five production facilities in Rajasthan with an annual capacity of 16,200 MT for CRGO, 10,22,500 KVA for transformers, 75,000 units for ICB, and 2,400 MT for amorphous units.
Products Portfolio:
The company manufactures and supplies critical components for transformers used in electricity distribution and transmission, including small, distribution, and large transformers, contributing to energy-saving electrical equipment.
As of June 30, 2025, the company had 761 permanent employees in the registered and corporate offices and across all the units.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Repayment/ prepayment, in full or in part, of certain outstanding borrowings availed by the Company | 101.27 |
| 2 | Capital expenditure including civil works of the Company for expanding the facility at Unit IV situated at Reengus Sikar District, Rajasthan | 87.86 |
| 3 | Funding working capital requirements of the Company | 122.00 |
| 4 | General corporate purposes | 64.84 |
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 366.46 | 246.54 | 221.26 |
| Total Income | 551.39 | 452.13 | 357.81 |
| Profit After Tax | 47.31 | 20.95 | 24.74 |
| EBITDA | 81.84 | 42.63 | 44.42 |
| NET Worth | 162.16 | 114.99 | 93.97 |
| Total Borrowing | 149.12 | 92.12 | 96.64 |
| Amount in ₹ Crore | |||
| 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 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 23.08 | 17.12 |
| P/E (x) | 24.31 | 32.77 |
| Promoter Holding | 100% | 74.19% |
| Market Cap | โน1550.05 Cr. | |