Mangal Electrical IPO Review: GMP, Subscription Status & Should You Apply?
These days IPOs are much discussed in the stock market, and new investors are closely watching every new issue. In the meantime, Mangal Electrical IPO has also made its entry, which has opened from today and will remain open till 22 August 2025. This company working in the business of transformer manufacturing is going to add ₹ 400 crore through its fresh issue. If you are thinking about whether to apply for the Mangal Electrical IPO or not, then let’s review it and understand the GMP and subscription status in detail.
Mangal Electrical IPO GMP Today
With the launch of every IPO, the first question of investors is what is the grey market premium going on. According to market observers, today’s Mangal Electrical IPO GMP is ₹21. Meaning if the upper price band of the IPO is seen at ₹561, then the listing gain can be up to about 4%. This is a positive signal that there is a possibility of getting some profit at the time of listing.
Mangal Electrical IPO Date and Price Band
The company has set a clear timeline for its IPO. The issue will start on 19 August 2025 and will remain open till 22 August 2025. The Mangal Electrical IPO price band is ₹533 to ₹561 per equity share. The listing will be on both major stock exchanges—NSE and BSE.
Mangal Electrical IPO Size, Lot and Allotment
The main target of the company is to raise ₹400 crore through fresh shares. There will be 26 shares in one lot in the IPO, meaning the minimum application will also have to be made according to this lot size. The most possible date of allotment is 25 August 2025, and after that, the listing is expected on 28 August 2025. The registrar of the IPO is Bigshare Services Private Limited, and Systematics Corporate Services has been appointed as the lead manager.
Mangal Electrical IPO Subscription Status
Bidding started today at 10 am and will continue daily till 5 pm till the issue is open. Investors are closely watching the speed at which the subscription numbers increase, as it gives an idea of the demand. Strong subscription means that the IPO is looking attractive to many investors.
Mangal Electrical IPO Review by Experts
The most important part comes from the expert review. Anand Rathi has given the tag of “SUBSCRIBE – LONG TERM” to the Mangal Electrical IPO. They say that the company’s valuation at the upper price band is 32.8x FY25 P/E and the post-issue market cap will be around ₹15,500 million. With India’s electricity demand increasing, substation capacity is also growing, which creates a strong growth environment for transformer manufacturers.
On the other hand, Ventura Securities has also given a BUY recommendation to the IPO. They highlighted that the company still has underutilization in some of its plants but is focusing on management efficiency and production utilization. Also, due to geographical expansion and demand in the renewable energy sector, the long-term growth prospects look strong.
Should we apply for Mangal Electrical IPO or not?
Now the question arises whether it will be right for retail investors to apply in this IPO or not. Talking about short-term listing gain, there seems to be a chance of limited profit as per GMP. But if seen from a long-term perspective, the reviews of experts are positive, and both brokerages have given subscribe/buy recommendations. The company’s focus is on efficiency, technology, and strong customer relations, which can give good growth in the future with the power infrastructure and renewable energy boom.
If you are applying only for short-term listing gain, then you have to be a little cautious, but if your outlook is long-term, then this IPO can become a solid opportunity.
Conclusion on Mangal Electrical IPO
Mangal Electrical IPO has come with a balanced opportunity for investors with its price band, GMP, and expert reviews. Short-term listing gains seem limited, but in the long term, this IPO can be a strong bet. Every investor should take a decision according to his risk appetite and financial goals.
Disclaimer:
This article is for informational purposes only. We do not give any kind of investment advice. Investing in the stock market comes with risk, so take a decision only after consulting your financial advisor.
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