The market size of the transformer industry is estimated at ₹353.9 billion in FY2025. The market is expecting robust growth, along with strong government support, due to the expected rise in energy demand of 1,907 billion units by FY2027. Amidst the trends, Mangal Electrical Industries Pvt Ltd is going live soon.
The Mangal Electrical IPO is being managed by Systematix Corporate Services Limited, while Bigshare Services Private Limited is the registrar. Click here to check the allotment status.
Moreover, for more details related to the IPO, click here to check out the Mangal Electrical Industries IPO DRHP and RHP.
Note: 50% shares will be unlocked 30 days after allotment, while the rest will be free from lock-in restrictions after 90 days.
Before getting into the Mangal Electrical Industries IPO GMP, let’s explore the key aspects of the IPO, like date, price, size, etc.
To secure your IPO allotment, you first need a demat account. Check out the list of top brokers in India to get started.
Exploring the company strengths and risks through the Mangal Electrical DRHP and RHP is very important.
Strengths
Experienced promoters and senior management.
Diversified presence across the country and globally.
Backwards and forward integration showing operational efficiency.
Proven track record of consistent growth.
Risks
71% revenue from 3 states.
Raw material price volatility may impact cost.
Breakdown or shutdown of the production unit can hinder efficiency.
Dependence on a limited customers.
Currently, at 16.29 on 18 August 2025, Mangal Electrical IPO GMP today is at 0. But the Mangal Electrical IPO GMP is subject to change, so stay tuned for the latest GMP update. However, grey market performance is not enough for an investment decision.
So, don’t forget to check out the key IPO details and the live subscription before you hit Apply Now!
Is Mangal Electric IPO good?
The IPO has its strengths and risks. The IPO is worth ₹400 Crores. Moreover, the current GMP is at 0. An analysis of the IPO in detail is important to make a key decision. Check out the live subscription.
What is the IPO of Mangal Electric?
The IPO is about to launch on 20 August 2025 and will close on August 22. Moreover, the UPI mandate also closes at 5 PM on the closing date. The IPO is worth ₹400 crores, and the current GMP is at 0. Check out the live subscription and latest GMP update.
What is the IPO listing price?
The face value of the IPO is ₹10. The price range is expected to be between ₹533 and ₹561. The stock market price is subject to market reactions; continue checking out the live price movement.
Who is the owner of Mangal Electric?
Aniketa Mangal, Ashish Mangal, Rahul Mangal and Saroj Mangal are the promoters of the company. For a detailed analysis of the IPO, visit FinnPick.
Do you need a demat account?
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