
Mangal Electrical Industries Limited IPO
Live Market Quote
Day 1 Exchange Open
Band: ₹533 - ₹561
Overall Bid Demand
Gross Public Offer
IPO Schedule & Key Dates
IPO Subscription Status
Breakdown of institutional, high-net-worth, and retail bidding demand
Listing Day & Return Performance
About Mangal Electrical Industries Limited IPO
Mangal Electrical Industries Limited is an Indian public offering categorized under the Mainboard segment. The public issue opened for bidding on 20 Aug 2025 and concluded on 22 Aug 2025, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹533 - ₹561.
During the bidding window, Mangal Electrical Industries Limited recorded an overall subscription of 9.46 times. Institutional investors (QIB) subscribed 10.54x, non-institutional high-net-worth investors (NII) subscribed 18.79x, and retail individual investors (RII) bid 4.84x their reserved quota.
The equity shares of Mangal Electrical Industries Limited officially debuted on the stock exchanges on 28 Aug 2025 at an opening listing price of ₹556, delivering a listing day return of -0.89% (discount) over the final issue price. As per the latest market data, the stock trades at ₹243.80, representing an overall decline of -56.54% since its IPO allotment.