{"id":20726,"date":"2025-08-22T12:01:33","date_gmt":"2025-08-22T12:01:33","guid":{"rendered":"https:\/\/wp-api.pocketful.in\/blog\/?post_type=ipo&#038;p=20726"},"modified":"2026-05-14T12:18:28","modified_gmt":"2026-05-14T12:18:28","slug":"mangal-electrical-ipo-allotment-status","status":"publish","type":"ipo","link":"https:\/\/wp-api.pocketful.in\/blog\/ipo\/mangal-electrical-ipo-allotment-status\/","title":{"rendered":"Mangal Electrical IPO Allotment Status: Check Latest GMP, Steps to Verify Status"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Mangal Electrical Industries Limited, a Jaipur-based manufacturer of transformer components and customized power-infrastructure solutions, is closing its \u20b9400 crore IPO today, August 22, 2025. The issue is a fresh issue only, with a price band of \u20b9533\u2013\u20b9561 per share. Following allotment, shares are scheduled to list on BSE and NSE on August 28, 2025.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-transparent ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/wp-api.pocketful.in\/blog\/ipo\/mangal-electrical-ipo-allotment-status\/#Mangal_Electrical_IPO_%E2%80%93_Day_3_Subscription_Status\" title=\"Mangal Electrical IPO \u2013 Day 3 Subscription Status\">Mangal Electrical IPO \u2013 Day 3 Subscription Status<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/wp-api.pocketful.in\/blog\/ipo\/mangal-electrical-ipo-allotment-status\/#How_to_Check_Mangal_Electrical_IPO_Allotment_Status\" title=\"How to Check Mangal Electrical IPO Allotment Status\">How to Check Mangal Electrical IPO Allotment Status<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/wp-api.pocketful.in\/blog\/ipo\/mangal-electrical-ipo-allotment-status\/#Objective_of_the_Mangal_Electrical_IPO\" title=\"Objective of the Mangal Electrical IPO\">Objective of the Mangal Electrical IPO<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/wp-api.pocketful.in\/blog\/ipo\/mangal-electrical-ipo-allotment-status\/#Mangal_Electrical_IPO_GMP_%E2%80%93_Day_3_Update\" title=\"Mangal Electrical IPO GMP \u2013 Day 3 Update\">Mangal Electrical IPO GMP \u2013 Day 3 Update<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/wp-api.pocketful.in\/blog\/ipo\/mangal-electrical-ipo-allotment-status\/#Mangal_Electrical_IPO_%E2%80%93_Key_Details\" title=\"Mangal Electrical IPO \u2013 Key Details\">Mangal Electrical IPO \u2013 Key Details<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/wp-api.pocketful.in\/blog\/ipo\/mangal-electrical-ipo-allotment-status\/#Important_Dates_for_Mangal_Electrical_IPO_Allotment\" title=\"Important Dates for Mangal Electrical IPO Allotment\">Important Dates for Mangal Electrical IPO Allotment<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/wp-api.pocketful.in\/blog\/ipo\/mangal-electrical-ipo-allotment-status\/#Mangal_Electrical_Overview\" title=\"Mangal Electrical Overview\">Mangal Electrical Overview<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/wp-api.pocketful.in\/blog\/ipo\/mangal-electrical-ipo-allotment-status\/#Frequently_Asked_Questions_FAQs\" title=\"Frequently Asked Questions (FAQs)\">Frequently Asked Questions (FAQs)<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\" id=\"h-mangal-electrical-ipo-day-3-subscription-status\"><span class=\"ez-toc-section\" id=\"Mangal_Electrical_IPO_%E2%80%93_Day_3_Subscription_Status\"><\/span>Mangal Electrical IPO \u2013 Day 3 Subscription Status<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The IPO was oversubscribed 9.95x overall, with Non-Institutional Investors (NII) leading at 19.78x and Qualified Institutional Buyers (QIB) subscribing 11.09x. Retail Individual Investors (RII) showed moderate interest at 5.09x.<\/p>\n\n\n\n<figure class=\"wp-block-table has-small-font-size\"><table><thead><tr><th class=\"has-text-align-left\" data-align=\"left\">Investor Category<\/th><th class=\"has-text-align-center\" data-align=\"center\">Subscription (x)<\/th><\/tr><\/thead><tbody><tr><td class=\"has-text-align-left\" data-align=\"left\">Qualified Institutional Buyers (QIB)<\/td><td class=\"has-text-align-center\" data-align=\"center\">11.09<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Non-Institutional Investors (NII)<\/td><td class=\"has-text-align-center\" data-align=\"center\">19.78<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">bNII (above \u20b910 lakh)<\/td><td class=\"has-text-align-center\" data-align=\"center\">20.05<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">sNII (less than \u20b910 lakh)<\/td><td class=\"has-text-align-center\" data-align=\"center\">19.23<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Retail Individual Investors (RII)<\/td><td class=\"has-text-align-center\" data-align=\"center\">5.09<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Total<\/td><td class=\"has-text-align-center\" data-align=\"center\">9.95<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Total Applications:<\/strong> 4,47,732<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-how-to-check-mangal-electrical-ipo-allotment-status\"><span class=\"ez-toc-section\" id=\"How_to_Check_Mangal_Electrical_IPO_Allotment_Status\"><\/span>How to Check Mangal Electrical IPO Allotment Status<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The allotment status can be checked online either via the Registrar\u2019s website (Bigshare Services Pvt.Ltd.) or the BSE website.<\/p>\n\n\n\n<h3 class=\"wp-block-heading has-medium-font-size\" id=\"h-method-1-registrar-s-website\">Method 1: Registrar\u2019s Website<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"> Steps to check:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>Visit the <a href=\"https:\/\/ipo.bigshareonline.com\/IPO_Status.html\">Bigshare Services Pvt.Ltd. <\/a>IPO allotment page.<\/li>\n\n\n\n<li>Select \u201cMangal Electrical Industries IPO\u201d from the dropdown.<\/li>\n\n\n\n<li>Enter your PAN, Application Number, or Demat\/DP Client ID.<\/li>\n\n\n\n<li>Complete the captcha and click Submit\/Search.<\/li>\n\n\n\n<li>Your allotment status will be displayed.<\/li>\n<\/ol>\n\n\n\n<h3 class=\"wp-block-heading has-medium-font-size\" id=\"h-method-2-bse-website\">Method 2: BSE Website<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"> Steps to check:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>Visit the <a href=\"https:\/\/www.bseindia.com\/investors\/appli_check.aspx\">BSE<\/a> IPO allotment page.<\/li>\n\n\n\n<li>Select the Equity segment and choose \u201cMangal Electrical Industries IPO.\u201d<\/li>\n\n\n\n<li>Enter PAN and Application Number (plus captcha, if any).<\/li>\n\n\n\n<li>Click Submit to view allotment status.<\/li>\n<\/ol>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-objective-of-the-mangal-electrical-ipo\"><span class=\"ez-toc-section\" id=\"Objective_of_the_Mangal_Electrical_IPO\"><\/span>Objective of the Mangal Electrical IPO<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Mangal Electrical plans to deploy the <a href=\"https:\/\/www.pocketful.in\/ipo\">IPO<\/a> proceeds primarily for debt repayment, capacity expansion at its Unit IV facility in Rajasthan, and meeting working capital needs. A portion will also be set aside for general corporate purposes, strengthening its overall financial flexibility.<\/p>\n\n\n\n<figure class=\"wp-block-table has-small-font-size\"><table><thead><tr><th class=\"has-text-align-left\" data-align=\"left\">Objects of the Issue<\/th><th class=\"has-text-align-center\" data-align=\"center\">Expected Amount (\u20b9 in crores)<\/th><\/tr><\/thead><tbody><tr><td class=\"has-text-align-left\" data-align=\"left\">Repayment\/ prepayment, in full or in part, of certain outstanding borrowings availed by the Company<\/td><td class=\"has-text-align-center\" data-align=\"center\">101.27<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Capital expenditure including civil works of the Company for expanding the facility at Unit IV situated at Reengus, Sikar District, Rajasthan<\/td><td class=\"has-text-align-center\" data-align=\"center\">87.86<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Funding working capital requirements of the Company<\/td><td class=\"has-text-align-center\" data-align=\"center\">122.00<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">General corporate purposes<\/td><td class=\"has-text-align-center\" data-align=\"center\">\u2013<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-mangal-electrical-ipo-gmp-day-3-update\"><span class=\"ez-toc-section\" id=\"Mangal_Electrical_IPO_GMP_%E2%80%93_Day_3_Update\"><\/span>Mangal Electrical IPO GMP \u2013 Day 3 Update<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The last reported GMP for Mangal Electrical IPO is \u20b916, last updated on August 22, 2025, 05:00 PM. With the upper price limit of \u20b9561, the IPO\u2019s estimated listing price is \u20b9577. The expected percentage gain per share is 2.85%.<\/p>\n\n\n\n<figure class=\"wp-block-table has-small-font-size\"><table><thead><tr><th class=\"has-text-align-left\" data-align=\"left\">Date<\/th><th class=\"has-text-align-center\" data-align=\"center\">GMP (\u20b9)<\/th><th class=\"has-text-align-center\" data-align=\"center\">Est. Listing Price (\u20b9)<\/th><th class=\"has-text-align-center\" data-align=\"center\">Gain (%)<\/th><\/tr><\/thead><tbody><tr><td class=\"has-text-align-left\" data-align=\"left\">22-08-2025 (DAY 3)<\/td><td class=\"has-text-align-center\" data-align=\"center\">\u20b916<\/td><td class=\"has-text-align-center\" data-align=\"center\">\u20b9577<\/td><td class=\"has-text-align-center\" data-align=\"center\">2.85%<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><em>Disclaimer:<\/em><\/strong><em> The above GMP (Grey Market Premium) is just unofficial market information, which is not officially confirmed. These figures are shared for informational purposes only and investment decisions based on these should be based on the investor\u2019s own research and discretion. We do not conduct, recommend or support any kind of transaction in the grey market.<\/em><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-mangal-electrical-ipo-key-details\"><span class=\"ez-toc-section\" id=\"Mangal_Electrical_IPO_%E2%80%93_Key_Details\"><\/span>Mangal Electrical IPO \u2013 Key Details<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-table has-small-font-size\"><table><thead><tr><th class=\"has-text-align-left\" data-align=\"left\">Particulars<\/th><th class=\"has-text-align-left\" data-align=\"left\">Details<\/th><\/tr><\/thead><tbody><tr><td class=\"has-text-align-left\" data-align=\"left\">IPO Opening Date<\/td><td class=\"has-text-align-left\" data-align=\"left\">August 20, 2025<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">IPO Closing Date<\/td><td class=\"has-text-align-left\" data-align=\"left\">August 22, 2025<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Price Band<\/td><td class=\"has-text-align-left\" data-align=\"left\">\u20b9533\u2013\u20b9561 per share<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Issue Size<\/td><td class=\"has-text-align-left\" data-align=\"left\">\u20b9400 crore (Fresh Issue)<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Lot Size<\/td><td class=\"has-text-align-left\" data-align=\"left\">26 shares<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Listing Platform<\/td><td class=\"has-text-align-left\" data-align=\"left\">BSE &amp; NSE<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Registrar<\/td><td class=\"has-text-align-left\" data-align=\"left\">Bigshare Services Pvt.Ltd.<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Mangal Electrical IPO RHP<\/td><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.sebi.gov.in\/filings\/public-issues\/aug-2025\/mangal-electrical-industries-limited-rhp_96149.html\">Click Here<\/a><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-important-dates-for-mangal-electrical-ipo-allotment\"><span class=\"ez-toc-section\" id=\"Important_Dates_for_Mangal_Electrical_IPO_Allotment\"><\/span>Important Dates for Mangal Electrical IPO Allotment<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-table has-small-font-size\"><table><thead><tr><th class=\"has-text-align-left\" data-align=\"left\">Event<\/th><th class=\"has-text-align-center\" data-align=\"center\">Date<\/th><\/tr><\/thead><tbody><tr><td class=\"has-text-align-left\" data-align=\"left\">Tentative Allotment&nbsp;<\/td><td class=\"has-text-align-center\" data-align=\"center\">August 25, 2025<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Refunds Initiation<\/td><td class=\"has-text-align-center\" data-align=\"center\">August 26, 2025<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Credit of Shares to Demat<\/td><td class=\"has-text-align-center\" data-align=\"center\">August 26, 2025<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Listing Date<\/td><td class=\"has-text-align-center\" data-align=\"center\">August 28, 2025<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-mangal-electrical-overview\"><span class=\"ez-toc-section\" id=\"Mangal_Electrical_Overview\"><\/span>Mangal Electrical Overview<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Mangal Electrical Industries Ltd., founded in 1990 and based in Rajasthan, is a leading player in the electrical equipment manufacturing sector, specializing in transformers, cables, conductors, and other power transmission and distribution solutions. Its products cater to utilities, industrial clients, and infrastructure projects, ensuring reliable power distribution across markets. With multiple facilities, including an expanding Unit IV in Reengus, the company continues to scale its operations. Between FY24 and FY25, revenue grew by 22% while profit after tax surged 126%, reflecting strong growth momentum. Supported by a diversified product portfolio and operational efficiency, Mangal Electrical has built a resilient market position.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-frequently-asked-questions-faqs\"><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions_FAQs\"><\/span>Frequently Asked Questions (FAQs)<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n<div class=\"saswp-faq-block-section\"><ol style=\"list-style-type:none\"><li style=\"list-style-type: none\"><h3 class=\"\">What are the opening and closing dates of the Mangal Electrical IPO?<\/h3><p class=\"saswp-faq-answer-text\">The IPO opened on August 20, 2025, and closed on August 22, 2025.<\/p><li style=\"list-style-type: none\"><h3 class=\"\">What is the price band of the IPO?<\/h3><p class=\"saswp-faq-answer-text\">The price band is set at \u20b9533\u2013\u20b9561 per share.<\/p><li style=\"list-style-type: none\"><h3 class=\"\">What is the issue size of the IPO?<\/h3><p class=\"saswp-faq-answer-text\">The IPO size is \u20b9400 crore, entirely a fresh issue.<\/p><li style=\"list-style-type: none\"><h3 class=\"\">When will the shares list?<\/h3><p class=\"saswp-faq-answer-text\">The shares are expected to list on August 28, 2025, on BSE and NSE.<\/p><li style=\"list-style-type: none\"><h3 class=\"\">What are the objectives of the IPO?<\/h3><p class=\"saswp-faq-answer-text\">Proceeds will be used for debt repayment, capacity expansion, funding working capital requirements and general corporate purposes.<\/p><\/ul><\/div>","protected":false},"excerpt":{"rendered":"<p>Mangal Electrical Industries Limited, a Jaipur-based manufacturer of transformer components and customized power-infrastructure solutions, is closing its \u20b9400 crore IPO today, August 22, 2025. The issue is a fresh issue only, with a price band of \u20b9533\u2013\u20b9561 per share. Following allotment, shares are scheduled to list on BSE and NSE on August 28, 2025. Mangal [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":20733,"parent":0,"menu_order":0,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[183],"class_list":["post-20726","ipo","type-ipo","status-publish","format-standard","has-post-thumbnail","hentry","category-ipo"],"acf":{"freelancer":"Harjyot"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.13 (Yoast SEO v21.2) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Mangal Electrical IPO Allotment Status: Check Latest GMP<\/title>\n<meta name=\"description\" content=\"Check Mangal Electrical IPO allotment status, GMP, subscription details, objectives, key dates, and listing updates for August 2025.\" \/>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" 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