Mangal Electrical IPO Allotment Status Today: Check on NSE, BSE, Bigshare Before August 25 Listing
- 22nd August 2025
- 01:00:00 PM
- 3 min read
Summary
The Mangal Electrical IPO allotment status will be finalised on August 25, 2025, after the ₹400 crore issue received 3.10x subscription. Investors can check their allotment on NSE, BSE, or Bigshare Services portals using PAN or application details. The IPO GMP is at ₹588, indicating a 4.8% premium, though experts caution against relying on grey market trends. Shares will list on August 28.
Mumbai | August 22 – The Mangal Electrical IPO allotment status is expected to be finalised on Monday, August 25, 2025, after strong investor demand during its subscription period. The ₹400 crore IPO, consisting entirely of fresh equity shares, was subscribed 3.10 times on the final day of bidding, reflecting solid interest from retail and non-institutional investors.
Mangal Electrical IPO Subscription Highlights
On the final day, the IPO attracted bids for 1,62,79,926 shares against 52,53,301 shares available.
- Retail Investors: 3.03 times subscribed
- Non-Institutional Investors (NII): 7.22 times subscribed
- Qualified Institutional Buyers (QIBs): 0.14 times subscribed
The IPO had a price band of ₹533–₹561 per share, with a minimum lot size of 26 shares. Proceeds will be used for debt repayment, working capital, facility expansion in Rajasthan, and general corporate purposes.
Also Read : Vikram Solar IPO Subscribed Over 14 Times on Day 3: Step-by-Step Guide to Check Allotment Status
How to Check Mangal Electrical IPO Allotment Status
On NSE Website
- Visit the NSE IPO Allotment page: NSE IPO Status
- Select ‘Equity & SME IPO bid details’
- Choose ‘Mangal Electrical Industries Ltd’ (Symbol: MEIL)
- Enter PAN and Application Number
- Click Submit to view allotment status
On BSE Website
- Go to the BSE IPO allotment page: BSE IPO Status
- Select ‘Equity’ under Issue Type
- Choose ‘Mangal Electrical Industries Ltd’
- Enter PAN/Application Number
- Click Search to check status
On Bigshare Services (Registrar Portal)
- Visit: Bigshare IPO Status
- Select any server available
- Pick ‘Mangal Electrical Industries Ltd’ from the dropdown
- Enter PAN / Application No. / Demat ID
- Click Search to view status
About Mangal Electrical Industries
Mangal Electrical Industries specialises in transformer components such as CRGO slit coils, laminations, amorphous cores, coil assemblies, toroidal cores, wound cores, and oil-immersed circuit breakers. Its Rajasthan-based facility supplies to both domestic and global markets.
Mangal Electrical IPO GMP Today
As per market observers, the Mangal Electrical IPO GMP is trading around ₹588 per share, reflecting a premium of ₹27 (4.8%) over the upper price band of ₹561.
Disclaimer: This article is for informational purposes only and is not investment advice or a stock recommendation. PL Capital does not provide investment advice or stock tips. All details are based on publicly available information and market sources. Past subscription numbers, grey market premium, and listing performance do not guarantee future returns. Investors should consult certified financial advisors before making investment decisions.
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Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.
