Mangal Electrical IPO Allotment: The company has declared the allotment status of its Rs 400 crore IPO. On August 26, Mangal Electrical will credit shares to eligible shareholders or initiate refunds for those who did not make the cut. The latest GMP is hinting at a single-digit premium listing.
Mangal Electrical IPO Allotment:
Investors can check the allotment status online through BSE, NSE, and Bigshare Services, which is the registrar of the IPO.
Mangal Electrical IPO Allotment Status On BigShare:
As per the latest update by Investor Grain, Mangal Electrical IPO's last GMP is at Rs 21, last updated Aug 26th 2025 08:00 AM. With the price band of 561.00, Mangal Electrical IPO's estimated listing price is at Rs 582 (cap price + August 26th GMP). The expected percentage gain/loss per share is 3.74%.
Mangal Electrical IPO Credit Of Shares:
After the allotment status, Mangal Electrical IPO will credit shares to eligible shareholders on August 26. Also, funds will be refunded to those investors who did not cut the IPO.
Mangal Electrical IPO Listing Date:
Following this, the tentative listing date is fixed on August 27, 2025.
The company launched its IPO from August 20th to August 22nd. The price band was fixed at Rs 533 to Rs 561 per share. On the final day, the IPO was subscribed to by 9.46x.
About Mangal Electrical Limited:
Mangal Electrical is engaged in the business of processing transformer components, transformer lamination, CRGO slit coils, amorphous cores, coil assemblies, core assemblies, wound core, toroidal core and oil-immersed circuit breakers.
The company also trade CRGO and CRNO coils, as well as amorphous ribbons. Further, we manufacture transformers and customised products in the power infrastructure industry. It also manufactures transformers with capacities ranging from single-phase 5 KVA to three-phase 10 MVA (medium power) units, and also provides EPC services for setting up electrical sub-stations, catering to the power infrastructure sector.
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