Stay updated on the Mangal Electrical IPO allotment status—from subscription numbers and GMP to how and where to check if you’re allotted shares, plus IPO fundamentals and listing timeline.
India’s IPO space has been on fire this August, and Mangal Electrical Industries has been no exception. Known for manufacturing transformer components and serving utilities across India, the company launched a ₹400 crore IPO earlier this week. Now, investors are buzzing about the allotment status—here’s your one-stop guide.
IPO Background & Investor Response
- IPO Dates: Opened on August 20 and closed on August 22, 2025.
Samco - Price Band: ₹533 to ₹561 per share.
The Economic TimesSamco - Lot Size: 26 shares per lot (minimum ₹14,586 at upper band).
Business Standard - Issue Size: Entirely a fresh issue worth ₹400 crore.
SamcoThe Economic Times - Subscription:
- Day 1: 54% subscribed, GMP at +4%. The Economic Times
- Day 2: ~2× overall subscription, with NIIs leading. mintThe Economic Times
- Day 3 (Closure): 9.46× overall. Retail: 4.84×, NIIs: 18.79×, QIBs: 10.54×. The Economic TimesBusiness Standardmint
Grey Market Premium (GMP) Signals
- Day 1: GMP at ~₹25 (+4%). mint
- Final Day: GMP rose to ₹34 (~6% premium). Estimated listing price: ₹595. The Economic TimesThe Economic Times
- Note: GMP is an unofficial indicator; treat it as market sentiment, not a guarantee. mint
Allotment & Listing Timeline
- Allotment Finalization: Expected on August 25, 2025.
Moneycontrolmint - Demat Credits & Refunds: Shares credited and refunds processed starting August 26, 2025.
Moneycontrolmint - Listing Date: Scheduled for August 28, 2025, on both NSE and BSE.
The Economic TimesMoneycontrol
How to Check Your Allotment Status
Once the allotment is live, follow these steps:
- Registrar’s Portal (Bigshare Services):
- Visit their allotment status page.
- Choose “Mangal Electrical IPO”, then enter your PAN, Application No., or DP/Client ID.
- Verify using captcha and hit Search.
IPO Watch
- Stock Exchange Portals (NSE/BSE):
- Visit IPO section under Investors.
- Select the issue, enter your details, complete captcha, and Submit to view allotment.
The Economic TimesBusiness TodayMoneycontrol
Overview Table: Mangal Electrical IPO Snapshot
| Feature | Details |
|---|---|
| Subscription | ▶ Day 1: 54% |
| GMP | ₹25 (4%) → ₹34 (6%) indicating healthy listing expectations |
| Allotment Finalization | August 25, 2025 |
| Demat & Refunds | From August 26, 2025 |
| Listing Date | August 28, 2025 |
| Use of Funds | Debt repayment, capex expansion in Rajasthan plant, working capital, general purposes mintSamco |
FAQs – Mangal Electrical IPO Allotment Status
Q1. When will allotment status be available?
Allotment should be finalized on August 25, 2025.Moneycontrolmint
Q2. How can I check my allotment?
Check on Bigshare’s portal or via NSE/BSE investor sections with PAN or application details.IPO WatchThe Economic Times
Q3. What is the GMP and what does it indicate?
GMP is ₹34 (+6%) on the final day. It’s a sentiment indicator—not an assurance of listing price.The Economic Times
Q4. When is the listing date?
Shares are expected to list on August 28, 2025.MoneycontrolThe Economic Times
Final Thoughts
The Mangal Electrical IPO reflects solid investor interest—with a 9.46× subscription rate and rising GMP—which typically signals potential for a positive listing. Allotment will be available by August 25, and successful applicants should see shares in their demat by August 26, ahead of the August 28 listing. Meanwhile, early investors keen on listing gains should watch the GMP closely—but remember, fundamentals and long-term prospects matter most.
Disclaimer
This blog is intended for informational purposes only and should not be construed as financial advice. Investors should conduct their own due diligence or consult qualified financial advisors before making investment decisions.
