Get the latest updates on Mangal Electrical IPO including GMP, price band, subscription dates, allotment status, and listing details.
⚡ Mangal Electrical IPO: All You Need to Know
The IPO market in India continues to attract strong investor attention, with multiple small and medium enterprises (SMEs) coming up with their public issues. One of the latest names entering the IPO space is Mangal Electrical IPO. This IPO has created a buzz among retail and HNI investors alike, thanks to the company’s growth story, industry outlook, and expectations of healthy listing gains.
In this article, we will cover all key details about the Mangal Electrical IPO—including IPO dates, price band, grey market premium (GMP), allotment status, and whether investors should consider subscribing.
🏢 About Mangal Electricals
Mangal Electrical is a well-established company engaged in the business of providing electrical solutions, manufacturing components, and offering project-based services. Over the years, the company has built a strong reputation for delivering quality products across industrial and infrastructure projects.
The company’s key strengths include:
- Strong customer relationships in both private and government contracts.
- Expertise in electrical design, project execution, and component manufacturing.
- Expanding product line to cater to new market demands.
This background makes the Mangal Electrical IPO an interesting bet for investors looking to gain exposure to India’s growing infrastructure and electrical solutions market.
📅 Mangal Electrical IPO Dates
The IPO timeline is expected to be as follows (tentative):
- IPO Opening Date: [To be announced]
- IPO Closing Date: [To be announced]
- Basis of Allotment: [To be announced]
- Refunds Initiation: [To be announced]
- Shares Credit to Demat: [To be announced]
- Listing Date: [To be announced]
These dates will be finalized once the company officially announces the issue schedule.
💰 Mangal Electrical IPO Price Band & Lot Size
The price band for Mangal Electrical IPO is yet to be disclosed. Being an SME IPO, the lot size will typically be in the range of 1,200–1,600 shares per lot, making the minimum investment around ₹1.2–1.5 lakh, depending on the final price band.
This means the IPO is mainly targeted at retail investors with higher ticket sizes, along with HNI and institutional buyers.
📊 Mangal Electrical IPO GMP (Grey Market Premium)
As of today, the Mangal Electrical IPO GMP (Grey Market Premium) is not officially available. GMP is an unofficial indicator of market sentiment, reflecting how the IPO is expected to perform on the listing day.
Investors should note:
- A strong GMP usually signals healthy listing gains.
- GMP keeps changing daily based on demand, subscription levels, and market mood.
- GMP should only be considered as an additional factor, not the sole reason to invest.
📈 Financial Performance of Mangal Electrical
Before applying for any IPO, it is crucial to look at the financials. Based on the company’s last few years of performance:
- Revenue has shown consistent growth, thanks to expanding project orders.
- Profit margins are improving as the company scales operations.
- Debt levels are manageable, indicating financial discipline.
- Order book remains strong, supporting future revenue visibility.
This financial strength gives confidence to investors considering the Mangal Electrical IPO.
📅 Allotment Status & How to Check
After the closure of the issue, investors can check the Mangal Electrical IPO allotment status through:
- Registrar’s Website – Using PAN, DP ID, or Application Number.
- BSE Website – IPO allotment check facility.
- Broker Platforms – Many brokers notify clients via email/SMS regarding allotment.
If you don’t get allotment, the refund will be processed back to your bank account automatically.
✅ Should You Apply for Mangal Electrical IPO?
The decision to apply for this IPO should be based on:
- Strong growth in the electrical infrastructure sector.
- Solid financials and healthy order pipeline.
- Potential listing gains if GMP strengthens.
However, like any SME IPO, risks include lower liquidity and higher volatility. Hence, investors with moderate risk appetite can consider applying, while conservative investors may wait for post-listing performance.
📝 Summary
The Mangal Electrical IPO has generated interest in the SME space, with expectations of strong subscription levels. With India’s infrastructure and power sector seeing massive growth, companies like Mangal Electrical are well-positioned for expansion. Investors should track the final IPO price band, subscription numbers, and GMP trends before making a decision.
❓ FAQs on Mangal Electrical IPO
Q1. What is the Mangal Electrical IPO GMP today?
👉 Currently, the GMP is yet to be updated. It will vary closer to the IPO opening.
Q2. What is the price band of Mangal Electrical IPO?
👉 The official price band is yet to be announced.
Q3. How to check Mangal Electrical IPO allotment status?
👉 You can check on the registrar’s website, BSE site, or via your broker platform.
Q4. Is Mangal Electrical IPO a good buy?
👉 It looks promising given sectoral growth, but investors should weigh risks and check GMP before applying.
Disclaimer
This article is for educational and informational purposes only. It should not be considered as investment advice. IPO investments are subject to market risks. Please consult your financial advisor before making any investment decision.
