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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 71,30,124 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. 561/- per equity share, including a share premium of Rs. 551/- per equity share (the "Issue Price") aggregating up to Rs. 400.00 crores (the "Issue"). The issue shall constitute 25.81% of the post-issue paid-up equity share capital of the company.
Opens On
Closes On
20-Aug-2025
22-Aug-2025
Application
Allotment
561.00
0.00
Minimum Application for shares in Nos : 26.0 Further Multiples of : 26.0
₹Cr
Lead Managers to the Issue
Project Cost (₹.Cr)
Project Financed through Current Offer (₹.Cr)
Post Issue Equity Share Capital (₹.Cr)
Issue Price (₹.Cr)
375.97
400.00
27.63
561.00
Systematix Corporate Services Ltd
- 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
- Rahul Mangal
- Ashish Mangal
- Saroj Mangal
- BSE
- NSE
- Bigshare Services Pvt Ltd