Mangal Electrical Industries Limited was originally formed as a partnership firm constituted under the Indian Partnership Act, 1932 on April 28, 1989 as 'Mangal Electrical Industries'. Thereafter, the partnership Firm was converted into a Private Limited Company as Mangal Electrical Industries Private Limited' dated April 1, 2008 issued by the RoC. Thereafter, the status was converted into Public Limited Company, and the name of the Company was changed to Mangal Electrical Industries Limited, dated July 25, 2024.
The Company operate in the business of processing transformer components transformer lamination, CRGO slit coils, amorphous cores, coil assemblies and core assemblies, wound core, toroidal core and oil immersed circuit breakers. It trade CRGO and CRNO coils, as well as amorphous ribbons.
Apart from these, it manufacture transformers and customised products in the power infrastructure industry and further manufacture transformers with capacities ranging from single-phase 5 KVA to three-phase 10 MVA (medium power) units and also provide EPC services for setting up electrical sub-station, catering to the power infrastructure sector.
In 2023, the entire business undertaking of Dynamic Powertech Private Limited (DPPL) got merged with the Company via going concern through the Scheme of Arrangement and became effective from April 1, 2023. In terms of consideration, share exchange ratio for the aforementioned Scheme was 12 fully paid-up Equity Shares of Rs 10 each ... of the Company for every 1 fully paid-up equity shares held in DPPL, to the shareholders of DPPL.
Company raised Rs 4000 Cr through initial public offer by issuing 71,30,124 equity shares of Rs 10 by way of fresh issue in August 2025.
During FY2026, Company enhanced its Cold Rolled Grain Oriented (CRGO) processing capacity to 28,000 MT with prior approval from PGCIL for CRGO processing up to the 765 kV class, to increase the credentials in the market.
FAQs on Mangal Electrical Industries Ltd
1. Can I buy Mangal Electrical Industries Ltd from PL Capital? ›
Yes, you can invest in Mangal Electrical Industries Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Mangal Electrical Industries Ltd stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade Mangal Electrical Industries Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Mangal Electrical Industries Ltd pay dividends? ›
Mangal Electrical Industries Ltd does not currently pay dividends. Investors in this case primarily benefit from capital appreciation, where the value of the stock may rise over time depending on business growth and market conditions.
3. What is the current share price of Mangal Electrical Industries Ltd ? ›
As of
07-Aug-2026 , 15:59:30 the share price for Mangal Electrical Industries Ltd. is ₹ 276.4 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Mangal Electrical Industries Ltd ? ›
The 52-week high and low of Mangal Electrical Industries Ltd share price is ₹ 206.26 - ₹ 573.7 as of
07-Aug-2026 , 15:59:30 .
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