Mangal Electrical Industries IPO

NSELot: 26

LISTEDMAINBOARD
Issue Price561
Listing558
Current266
Price Band
533 - ₹561
Lot Size
26
Issue Size
₹400 Cr
GMP
0
Subscription
0.57x

IPO Schedule

1
Open
20 Aug
2
Close
22 Aug
3
Allotment
-
4
Listing
28 Aug

About Mangal Electrical Industries

Mangal Electrical Industries is an established player in the electrical equipment manufacturing sector, specializing in [Replace with actual products, e.g., transformers, switchgears, and power distribution units]. The company caters to a diverse range of industries, including [Replace with actual industries, e.g., power, infrastructure, and industrial sectors].

Subscription Status

QIB
0.13x
NII
0.76x
Retail
0.74x
CategoryDay 3Day 2Day 1
QIB11.09x0.14x0.13x
NII19.78x4.42x0.76x
Retail5.09x2.19x0.74x
Total9.95x2.08x0.57x

Risk Factors

Fluctuations in raw material prices (e.g., copper, steel) can impact profitability.
Intense competition from both domestic and international players in the electrical equipment market.
Dependence on government policies and infrastructure spending, which can be subject to change.