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Mangal Electrical Industries Ltd

Registered Office: C-61 (A&B) Road No 1-C,V K I Area, Jaipur - 302013, Rajasthan, India.
Phone : +91141 4036 113   Fax:
Email :  compliance@mangals.com  
Website :  https://www.mangals.com

Initial public offering of up to [*] equity shares of face value of Rs. 10 each ("Equity Shares") of Mangal Electrical Industries Limited (The "Company" or The "Issuer") for cash at a price* of Rs. [*] per equity share, including a share premium of Rs. [*] per equity share (The "Issue Price") aggregating up to Rs. 400.00 crores (The "Issue"). The issue shall constitute [*]% of the post-issue paid-up equity share capital of the company. Price Band:Rs. 533 to Rs.561 per equity share of the face value of Rs.10 each. The floor price is 53.3 times of the face value the cap price is 56.1 times of the face value. Bids can be made for a minimum of 26 equity shares and in multiples of 26 equity shares thereafter.

Issue Money Payable On
Opens On Closes On Application Allotment
20-Aug-25 22-Aug-25 533.00-561.00 0.00-0.00
Minimum Application for shares in Nos : 26   Further Multiples of : 26
  Rs Cr Lead Managers to the Issue
Project Cost 0.00 Systematix Corporate Services Ltd
Project Financed through Current Offer 400.00  
Post Issue Equity Share Capital 27.60  
Issue Price 533.00  

Projects

  • Repayment/prepayment in full or in part of certain outstanding borrowings availed by the company
  • Capital expenditure of the company for expanding the facility at unit IV situated
  • Funding working capital requirements of the copany
  • General corporate purposes

Promoted By

Rahul Mangal

Ashish Mangal

Saroj Mangal

Listing At

BSE

NSE

Registrar to the Issue

No Data Available

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