Mangal Electrical Industries IPO Allotment Status, Dates, GMP & More
Last Updated: 25 August, 2025
4 min read
00:00 / 00:00
The Mangal Electrical IPO allotment status will be available on Monday, August 25, 2025. Investors can check their allotment status on the NSE, BSE, or the official registrar’s website, Bigshare Services Private Limited. The IPO opened on Wednesday, August 20, 2025, and by the end of Day 3, it was subscribed 9.95 times. Follow the simple steps below to check your Patel Retail IPO allotment status.
How to Check Mangal Electrical Industries IPO Allotment Status on NSE
Below are the steps to check the Mangal Electrical IPO allotment status on NSE:
Step 1: Visit the NSE website page “Verify IPO Bids”
Step 2: Select the IPO symbol “MEIL” from the dropdown menu.
Step 3: Enter the PAN No. and Application No
Step 4: Click Submit.
Step 5: Once submitted, check the "Allotment Details" section for the IPO allotment status
How to Check Mangal Electrical Industries IPO Allotment Status on BSE
Follow these simple steps to check the Mangal Electrical IPO allotment status on BSE:
Step 1: Visit the BSE “Status of Issue Application” page.
Step 2: Select the issue type as “Equity.”
Step 3: Select "Mangal Electrical Industries Limited" from the Issue Name section.
Step 4: Enter your IPO Application number or PAN number.
Step 5: Tick the “I’m not a robot” box to verify your identity.
Step 6: Click the “Search” button to view the Mangal Electrical IPO allotment status.
How to Check Mangal Electrical Industries IPO Allotment on the Bigshare Services Website
Below are the steps to check the Mangal Electrical IPO allotment status on the Bigshare Services website:
Step 1: Go to the “Bigshare Services IPO Status” page.
Step 2: Choose any server among the three servers and select “Mangal Electrical Industries Limited” from the drop-down menu to select a company.
Step 3: Enter your Application number/CAF NO or Beneficiary ID or PAN number correctly.
Step 4: Enter the correct captcha.
Step 5: Click on “Search” to check the IPO allotment status
Mangal Electrical Industries IPO Subscription
By the end of Day 3, the Mangal Electrical Industries Limited was subscribed 9.95 times overall. Qualified Institutional Buyers (QIBs) led the subscriptions with 11.09x, followed by Non-Institutional Investors (NIIs) at 19.78x, while Retail Individual Investors (RIIs) subscribed at 5.09x.
Category | Subscription Times |
Qualified Institutions | 11.09x |
Non-Institutional Investors | 19.78x |
Retail Individual Investors | 5.09x |
Total | 9.95x |
Mangal Electrical Industries IPO Allotment Details
IPO Open Date: Wednesday, August 20, 2025
IPO Close Date: Friday, August 22, 2025
Allotment Date: Monday, August 25, 2025
Initiation of Refunds: Tuesday, August 26, 2025
Credit of Shares to Demat: Tuesday, August 26, 2025
Listing Date: Thursday, August 28, 2025
The Mangal Electrical IPO has a total issue size of Rs 400.00 Cr. The issue price is fixed at Rs. 561 per share, and the minimum lot size is 26 shares, amounting to an initial investment of Rs. 14,586 for retail investors.
Mangal Electrical Industries IPO GMP
According to InvestorGain, the latest GMP (Grey Market Premium) for Mangal Electrical IPO is 2.67%, which means the shares are expected to list at Rs 576, giving investors a profit of Rs 390 per lot.
Company Overview of Mangal Electrical Industries Limited
Mangal Electrical Industries Limited, headquartered in Jaipur and incorporated in 2008, is a leading manufacturer and processor of transformer components. Its product portfolio includes CRGO slit coils, laminations, coil or core assemblies, amorphous cores, wound and toroidal cores, and oil?immersed circuit breakers. The company also manufactures complete transformers ranging from 5?kVA to 10?MVA and offers EPC services for setting up electrical substations. It has received approvals from the Power Grid Corporation of India for up to 400?kV class projects and is currently expanding its capabilities toward 765?kV.
With five manufacturing units across Rajasthan, located in Jaipur, Reengus (Sikar), and a SEZ near Ajmer. Mangal Electrical Industries has established a strong production base and operational scale. The company reported robust financial performance in FY25, with revenue rising to Rs 551.39 crore from Rs 452.13 crore in FY24, and profit after tax increasing to Rs 47.31 crore from Rs 20.95 crore in the previous year.
Quick Steps to Invest in IPOs with Rupeezy
Step 1: Download the Rupeezy Trading App
Step 2: Register and Complete Verification
Step 3: Open the app and navigate to the IPO Section
Step 4: Select “MEIL IPO”
Step 5: Click on Apply
The content on this blog is for educational purposes only and should not be considered investment advice. While we strive for accuracy, some information may contain errors or delays in updates.
Mentions of stocks or investment products are solely for informational purposes and do not constitute recommendations. Investors should conduct their own research before making any decisions.
Investing in financial markets are subject to market risks, and past performance does not guarantee future results. It is advisable to consult a qualified financial professional, review official documents, and verify information independently before making investment decisions.
