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IPO

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Mangal Electrical Industries Ltd

Mangal Electrical Industries Ltd

    Registered Office : C-61 (A&B) Road No 1-C,V K I Area,Jaipur Rajasthan 302013 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. 450.00 crores (The "Issue"). The issue shall constitute [*]% of the post-issue paid-up equity share capital of the company. The company in consultation with the book running lead managers, may consider a further issue of specified securities (As Defined Hereinafter), including through private placement, preferential allotment, rights issue or any other method as may be permitted under applicable law to any person(s) of such equity shares for an amount aggregating up to Rs. 90.00 crores, at its discretion, prior to the filing of the red herring prospectus with the roc ("Pre-IPO Placement"). If the pre-ipo placement is undertaken, the fresh issue size will be reduced to the extent of such pre-ipo placement, subject to the issue complying with Rule 19(2)(b) of the scrr. The price band and the minimum bid lot size will be decided by the company.

Issue

Opens On

Closes On

01-Jan-1970

01-Jan-1970

Money Payable On

Application

Allotment

0.00

0.00

Minimum Application for shares in Nos : 0.0 Further Multiples of : 0.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

0.00

450.00

0.00

0.00

Systematix Corporate Services Ltd

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
  • Bigshare Services Pvt Ltd