Mangal Electrical Industries Limited IPO
Mangal Electrical Industries is a power infrastructure company specializing in processing and manufacturing transformer components, transformers, and providing EPC solutions for electrical substations. With more than three decades of experience in the power distribution and technology sector, the company has built a strong reputation in both domestic and international markets.
Business Activities
i) Transformer Components Processing: Includes laminations, CRGO slit coils, amorphous cores, coil and core assemblies, wound and toroidal cores, and oil-immersed circuit breakers (ICB).
ii) Trading: CRGO and CRNO coils, and amorphous ribbons.
iii) Transformer Manufacturing: Range from single-phase 5 KVA to three-phase 10 MVA units.
iv) EPC Services: Turnkey solutions for electrical substations catering to government and public sector undertakings.
Customer Base and Order Book
Mangal Electrical Industries caters to government utilities, private energy producers, and exports to countries like the UAE, USA, and Italy, reflecting a well-diversified and resilient customer base across sectors and geographies.
As of June 30, 2025, order book stood at ₹29,419.78 lakhs across business segments. EPC order book limited to government and PSUs, with four turnkey projects successfully completed.
Strengths
1. Strong Leadership – Promoter-led with 35+ years’ experience, guided by Rahul Mangal and supported by Aniketa Mangal.
2. Regulatory Approvals – Holds certifications and approvals available only to selected players, enabling participation in high-voltage transformer projects.
3. Diversified Customer Base – Wide mix of domestic and global clients across power utilities, PSUs, and private sector.
4. Backward & Forward Integration – In-house CRGO, amorphous, and ICB processing; forward integration through transformer manufacturing and EPC services.
5. Proven Growth Track Record – Sustained revenue growth across cycles, leveraging domestic and global opportunities while adapting to industry advancements.
Objects of the Mangal Electrical Industries Limited IPO:
Mangal Electrical Industries Limited IPO Details:
Open Date: | Aug 20 2025 |
Close Date: | Aug 22 2025 |
Total Shares: | 71,30,124 |
Face Value: | ₹ 10 Per Equity Share |
Issue Type: | Book Building |
Issue Size: | 400 Cr. |
Lot Size: | 26 Shares |
Issue Price: | ₹ 533-561 Per Equity Share |
Listing At: | NSE,BSE |
Promoters And Management:
Financials of Mangal Electrical Industries Limited IPO:
To be updated shortly
Comparison With Peers:
To be updated shortly
Lead Manager of Mangal Electrical Industries Limited IPO:
Registrar of Mangal Electrical Industries Limited IPO:
Discussion on Mangal Electrical Industries Limited IPO:
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