{"id":7242,"date":"2025-08-19T16:12:14","date_gmt":"2025-08-19T10:42:14","guid":{"rendered":"https:\/\/lakshmishree.com\/news\/?p=7242"},"modified":"2025-08-19T16:29:43","modified_gmt":"2025-08-19T10:59:43","slug":"details-of-mangal-electrical-industries-ipo","status":"publish","type":"post","link":"https:\/\/lakshmishree.com\/news\/details-of-mangal-electrical-industries-ipo\/","title":{"rendered":"Details of Mangal Electrical Industries Limited IPO : Lot Size, Check Issue Date, Price"},"content":{"rendered":"\n<p><strong><strong>Mangal Electrical Industries<\/strong> IPO Price: <\/strong>\u20b9533 to \u20b9561 per share<strong><br>IPO Dates:<\/strong> 20th August 2025 &#8211; 22nd August 2025<\/p>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-vertically-aligned-center is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:35%\">\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-vertically-aligned-center is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:100%\">\n<figure class=\"wp-block-image aligncenter size-full is-resized\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1074\" height=\"604\" src=\"https:\/\/lakshmishree.com\/news\/wp-content\/uploads\/2025\/08\/Mangal-Electrical-Industries-Logo.png\" alt=\"Mangal Electrical Industries IPO\" class=\"wp-image-7243\" style=\"width:334px;height:auto\" srcset=\"https:\/\/lakshmishree.com\/news\/wp-content\/uploads\/2025\/08\/Mangal-Electrical-Industries-Logo.png 1074w, https:\/\/lakshmishree.com\/news\/wp-content\/uploads\/2025\/08\/Mangal-Electrical-Industries-Logo-300x169.png 300w, https:\/\/lakshmishree.com\/news\/wp-content\/uploads\/2025\/08\/Mangal-Electrical-Industries-Logo-1024x576.png 1024w, https:\/\/lakshmishree.com\/news\/wp-content\/uploads\/2025\/08\/Mangal-Electrical-Industries-Logo-768x432.png 768w\" sizes=\"(max-width: 1074px) 100vw, 1074px\" \/><\/figure>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:65%\">\n<h2 class=\"wp-block-heading\"><strong>Company Overview<\/strong><\/h2>\n\n\n\n<p>Mangal Electrical Industries Limited is a leading manufacturer of high-quality transformer components and transformers, serving the power infrastructure sector. Established in 1989 as a partnership firm and incorporated as a private limited company in 2008, it was later converted into a public limited company in July 2024. The company is engaged in processing and manufacturing a wide range of transformer components and providing EPC services for electrical substations.<\/p>\n<\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Product Portfolio<\/strong><\/h2>\n\n\n\n<p>The company specializes in:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Transformer lamination, CRGO slit coils, amorphous cores, coil assemblies, core assemblies, wound cores, toroidal cores, and oil-immersed circuit breakers (ICBs).<\/li>\n\n\n\n<li>Trading of CRGO (Cold Rolled Grain Oriented) and CRNO (Cold Rolled Non-Grain Oriented) coils, as well as amorphous ribbons.<\/li>\n\n\n\n<li>Manufacturing transformers ranging from <strong>single-phase 5 KVA to three-phase 10 MVA (medium power units)<\/strong>.<\/li>\n\n\n\n<li>EPC services for setting up <strong>electrical substations<\/strong> on a turnkey basis.<\/li>\n<\/ul>\n\n\n\n<p>These products are marketed under the brand name <strong>\u201cMangal Electrical\u201d<\/strong>, which enjoys strong reputation and brand recall in the domestic and international market.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Manufacturing Facilities<\/strong><\/h2>\n\n\n\n<p>Mangal Electrical Industries operates five production units in Rajasthan, with the following aggregate annual capacities:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>16,200 MT<\/strong> \u2013 CRGO processing<\/li>\n\n\n\n<li><strong>10,22,500 KVA<\/strong> \u2013 Transformers<\/li>\n\n\n\n<li><strong>75,000 units<\/strong> \u2013 ICBs<\/li>\n\n\n\n<li><strong>2,400 MT<\/strong> \u2013 Amorphous cores<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Unit-wise Details (as of March 31, 2025):<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Unit I (Jaipur, VKI Area):<\/strong> CRGO \u2013 3,000 MT<\/li>\n\n\n\n<li><strong>Unit II (Jaipur, VKI Area):<\/strong> Transformer tanks (for internal consumption)<\/li>\n\n\n\n<li><strong>Unit III (Jaipur, Vishwakarma Industrial Area):<\/strong> ICB (75,000 units) and CRGO (900 MT)<\/li>\n\n\n\n<li><strong>Unit IV (Reegus, Sikar):<\/strong> Transformers (10,22,500 KVA), CRGO (12,000 MT), Amorphous (2,400 MT)<\/li>\n\n\n\n<li><strong>Unit V (Mahindra World City SEZ, Kalwara):<\/strong> CRGO \u2013 300 MT<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Certifications and Quality Standards<\/h2>\n\n\n\n<p>The company maintains stringent quality standards and holds:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>NABL and PGCIL lab approvals (for transformers\/reactors up to 765 kV class).<\/li>\n\n\n\n<li>ISO 9001:2015 and ISO 14001:2015 certifications.<\/li>\n\n\n\n<li>NTPC approval for CRGO processing.<\/li>\n\n\n\n<li>State-of-the-art testing machinery, including Brockhaus Messtechnik (Germany), ensuring high efficiency and reliability in outputs.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Customers<\/h2>\n\n\n\n<p>The company serves a diverse mix of government, PSU, and private sector clients, including:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Government &amp; PSU:<\/strong> Ajmer Vidyut Vitran Nigam, Jaipur Vidyut Vitran Nigam, BHEL, Andrew Yule &amp; Co, Karnataka Vidyuth Karkhane.<\/li>\n\n\n\n<li><strong>Private Sector:<\/strong> Siemens, Crompton Greaves, Transformer &amp; Rectifiers India, Voltamp Transformers, Western Electrotrans.<\/li>\n\n\n\n<li><strong>International Clients:<\/strong> Voltamp Oman Ltd, MTM Malaysia, Arab Trans Egypt.<\/li>\n<\/ul>\n\n\n\n<p>Exports have been made to the Netherlands, UAE, Oman, USA, Italy, and Nepal.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">EPC Projects<\/h2>\n\n\n\n<p>Mangal Electrical undertakes EPC contracts primarily for government and PSU clients. The company has successfully completed 4 turnkey projects and is executing 4 ongoing projects valued at \u20b9214.57 crore.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">Key Ongoing Projects (as of June 30, 2025):<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Pratapgarh Circle, Rajasthan:<\/strong> Distribution infrastructure under RDSS \u2013 \u20b997.87 Cr (Completion: July 2025)<\/li>\n\n\n\n<li><strong>Bambori, Rajasthan:<\/strong> 220\/132 KV substation \u2013 \u20b948.60 Cr (Completion: July 2026)<\/li>\n\n\n\n<li><strong>Dalot, Rajasthan:<\/strong> 220\/132 KV substation upgrade \u2013 \u20b944.55 Cr (Completion: Sept 2026)<\/li>\n\n\n\n<li><strong>Alwar, Ratangarh &amp; Jaipur Rural:<\/strong> 53 Nos. 33 KV RDSS Bays \u2013 \u20b923.55 Cr (Completion: March 2026)<\/li>\n<\/ul>\n\n\n\n<p>As of June 30, 2025, the company\u2019s order book stood at \u20b9294.20 crore across all business segments.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Operational Highlights<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The company witnessed a shift towards higher-capacity transformers (10 MVA units) in FY 2024.<\/li>\n\n\n\n<li>Production cycles for large transformers (10\u201315 days) are longer compared to smaller units (3\u20135 days), leading to higher revenue despite consistent production cycles.<\/li>\n\n\n\n<li>This shift contributed significantly to revenue growth in FY 2024.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Competitive Strengths<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Strong leadership by promoters, supported by an experienced management team.<\/li>\n\n\n\n<li>Approvals and certifications available to only a limited set of players.<\/li>\n\n\n\n<li>Diversified domestic and international customer base.<\/li>\n\n\n\n<li>Backward and forward integration, ensuring operational efficiency.<\/li>\n\n\n\n<li>Proven track record of consistent growth and successful execution of projects.<\/li>\n\n\n\n<li>Recognized with the Best Employer Brand Award \u2013 Rajasthan (2022).<\/li>\n<\/ul>\n\n\n\n<div style=\"height:19px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading has-background has-medium-font-size\" style=\"background:linear-gradient(115deg,rgb(254,205,165) 0%,rgb(254,45,45) 50%,rgb(107,0,62) 100%);font-style:normal;font-weight:700\">Bidding Starts In<\/h2>\n\n\n<div\n\t\tclass=\"free align wp-block-ctb-countdown-time\"\tid='ctbCountdownTime-1'\n\tdata-nonce='&quot;f1160629a1&quot;'\n\tdata-attributes='{&quot;destDate&quot;:&quot;2025-08-20T10:00:00&quot;,&quot;padding&quot;:{&quot;vertical&quot;:&quot;10px&quot;,&quot;horizontal&quot;:&quot;15px&quot;,&quot;side&quot;:4,&quot;top&quot;:&quot;10px&quot;,&quot;right&quot;:&quot;15px&quot;,&quot;bottom&quot;:&quot;10px&quot;,&quot;left&quot;:&quot;15px&quot;},&quot;shadow&quot;:{&quot;hOffset&quot;:&quot;1px&quot;,&quot;color&quot;:&quot;rgba(204, 31, 31, 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#18D4FD)&quot;},&quot;secondsDigitColor&quot;:&quot;#fff&quot;,&quot;secondsLabelColor&quot;:&quot;#fff&quot;,&quot;sepType&quot;:&quot;:&quot;,&quot;prefixTextTypo&quot;:{&quot;fontSize&quot;:{&quot;desktop&quot;:&quot;15px&quot;}},&quot;prefixTextColor&quot;:&quot;#222&quot;,&quot;suffixButtonTypo&quot;:{&quot;fontSize&quot;:{&quot;desktop&quot;:&quot;16px&quot;}},&quot;suffixButtonColors&quot;:{&quot;color&quot;:&quot;#fff&quot;,&quot;bg&quot;:&quot;#222&quot;},&quot;suffixButtonPadding&quot;:{&quot;vertical&quot;:&quot;14px&quot;,&quot;horizontal&quot;:&quot;28px&quot;},&quot;isDismiss&quot;:false,&quot;dismissColor&quot;:&quot;#333&quot;}'\n\tdata-content='&quot;&quot;'\n><\/div>\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:100%\">\n<div class=\"wp-block-buttons alignfull is-horizontal is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-03627597 wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button has-custom-width wp-block-button__width-100 is-style-fill\"><a class=\"wp-block-button__link has-ast-global-color-5-color has-text-color has-link-color has-medium-font-size has-custom-font-size wp-element-button\" href=\"https:\/\/lakshmishree.com\/ipo\/\" style=\"border-width:18px;border-radius:32px;padding-top:var(--wp--preset--spacing--20);padding-right:var(--wp--preset--spacing--50);padding-bottom:var(--wp--preset--spacing--20);padding-left:var(--wp--preset--spacing--50)\" target=\"_blank\" rel=\"https:\/\/lakshmishree.com\/ipo\/ noreferrer noopener\">APPLY NOW<\/a><\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Mangal Electrical Industries\u00a0IPO<\/strong> Specifics:<\/h2>\n\n\n\n<div class=\"wp-block-group is-vertical is-content-justification-stretch is-layout-flex wp-container-core-group-is-layout-353c4f5a wp-block-group-is-layout-flex\">\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td>IPO Date<\/td><td>August 20, 2025 to August 22, 2025<\/td><\/tr><tr><td>Face Value<\/td><td>\u20b910&nbsp;per share<\/td><\/tr><tr><td>Price Band<\/td><td>\u20b9533 to \u20b9561 per share<\/td><\/tr><tr><td>Lot Size<\/td><td>26 Shares<\/td><\/tr><tr><td>Total Issue Size<\/td><td>71,30,124\u00a0shares<br>(aggregating up to \u20b9400.00\u00a0Cr)<\/td><\/tr><tr><td>Fresh Issue<\/td><td>71,30,124\u00a0shares<br>(aggregating up to \u20b9400.00\u00a0Cr)<\/td><\/tr><tr><td>Issue Type<\/td><td>Book Built Issue IPO<\/td><\/tr><tr><td>Listing At<\/td><td>BSE, NSE<\/td><\/tr><tr><td>Share Holding Pre Issue<\/td><td>2,05,00,000\u00a0shares<\/td><\/tr><tr><td>Share Holding Post Issue<\/td><td>2,76,30,124\u00a0shares<\/td><\/tr><\/tbody><\/table><\/figure>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Mangal Electrical Industries\u00a0IPO<\/strong> Timetable (Important Dates)<\/h2>\n\n\n\n<div class=\"wp-block-group is-layout-constrained wp-block-group-is-layout-constrained\">\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td>IPO Open Date<\/td><td>Wednesday, August 20 2025<\/td><\/tr><tr><td>IPO Close Date<\/td><td>Friday, August 22 2025<\/td><\/tr><tr><td>Basis of Allotment<\/td><td>Monday, August 25 2025<\/td><\/tr><tr><td>Initiation of Refunds<\/td><td>Tuesday, August 26 2025<\/td><\/tr><tr><td>Credit of Shares to Demat<\/td><td>Tuesday, August 26 2025<\/td><\/tr><tr><td>Listing Date<\/td><td>Thursday, August 28 2025<\/td><\/tr><tr><td>Cut-off time for UPI mandate confirmation<\/td><td>5 PM on\u00a0August 22, 2025<\/td><\/tr><\/tbody><\/table><\/figure>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Mangal Electrical Industries\u00a0IPO Lot Size<\/strong><\/h2>\n\n\n\n<p>Bidders have the opportunity to bid for a minimum of 26 shares, with the option to increase in multiples. The table below outlines the minimum and maximum investment thresholds for both retail investors and High Net Worth Individuals (HNIs), specifying the corresponding number of shares and amounts involved.<\/p>\n\n\n\n<div class=\"wp-block-group is-vertical is-content-justification-stretch is-layout-flex wp-container-core-group-is-layout-353c4f5a wp-block-group-is-layout-flex\">\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>Application<\/th><th>Lots<\/th><th>Shares<\/th><th>Amount<\/th><\/tr><\/thead><tbody><tr><td>Retail (Min)<\/td><td>1<\/td><td>26<\/td><td>\u20b914,586<\/td><\/tr><tr><td>Retail (Max)<\/td><td>13<\/td><td>338<\/td><td>\u20b91,89,618<\/td><\/tr><tr><td>S-HNI (Min)<\/td><td>14<\/td><td>364<\/td><td>\u20b92,04,204<\/td><\/tr><tr><td>S-HNI (Max)<\/td><td>66<\/td><td>1,768<\/td><td>\u20b99,91,848<\/td><\/tr><tr><td>B-HNI (Min)<\/td><td>67<\/td><td>1,794<\/td><td>\u20b910,06,434<\/td><\/tr><\/tbody><\/table><\/figure>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong><strong>Mangal Electrical Industries<\/strong>\u00a0IPO Reservation<\/strong><\/h2>\n\n\n\n<div class=\"wp-block-group is-vertical is-content-justification-stretch is-layout-flex wp-container-core-group-is-layout-353c4f5a wp-block-group-is-layout-flex\">\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td>QIB Shares Offered<\/td><td>Not more than 50% of the Net offer<\/td><\/tr><tr><td>Retail Shares Offered<\/td><td>Not less than 35% of the Offer<\/td><\/tr><tr><td>NII (HNI) Shares Offered<\/td><td>Not less than 15% of the Offer<\/td><\/tr><\/tbody><\/table><\/figure>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Mangal Electrical Industries<\/strong> <strong>Limited IPO Financial Information<\/strong><\/h2>\n\n\n\n<div class=\"wp-block-group is-vertical is-content-justification-stretch is-layout-flex wp-container-core-group-is-layout-353c4f5a wp-block-group-is-layout-flex\">\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>Period Ended<\/th><th>31 Mar 2023<\/th><th>31 Mar 2024<\/th><th>31 Mar 2025<\/th><\/tr><\/thead><tbody><tr><td>Assets<\/td><td>221.26<\/td><td>246.54<\/td><td>366.46<\/td><\/tr><tr><td>Revenue<\/td><td>357.81<\/td><td>452.13<\/td><td>551.39<\/td><\/tr><tr><td>Profit After Tax<\/td><td>24.74<\/td><td>20.95<\/td><td>47.31<\/td><\/tr><tr><td>EBITDA<\/td><td>44.42<\/td><td>42.63<\/td><td>81.84<\/td><\/tr><tr><td>Net Worth<\/td><td>93.97<\/td><td>114.99<\/td><td>162.16<\/td><\/tr><tr><td>Reserves &amp; Surplus<\/td><td>96.64<\/td><td>92.12<\/td><td>149.12<\/td><\/tr><\/tbody><\/table><figcaption class=\"wp-element-caption\"><small>Amount in \u20b9 Crore<\/small><\/figcaption><\/figure>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Key Performance Indicator &#8211; <strong>Mangal Electrical Industries<strong>\u00a0<\/strong>IPO<\/strong><\/h2>\n\n\n\n<div class=\"wp-block-group is-vertical is-content-justification-stretch is-layout-flex wp-container-core-group-is-layout-353c4f5a wp-block-group-is-layout-flex\">\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>KPI<\/th><th>Values<\/th><\/tr><\/thead><tbody><tr><td>Market Cap<\/td><td>\u20b91550.05 Cr<\/td><\/tr><tr><td>EPS<\/td><td>\u20b923.08<\/td><\/tr><tr><td>P\/E (x)<\/td><td>24.31<\/td><\/tr><tr><td>ROE<\/td><td>29%<\/td><\/tr><tr><td>ROCE<\/td><td>25.38%<\/td><\/tr><tr><td>PAT Margin<\/td><td>8.61%<\/td><\/tr><tr><td>RoNW<\/td><td>34.14%<\/td><\/tr><tr><td>Debt\/Equity<\/td><td>0.92<\/td><\/tr><\/tbody><\/table><figcaption class=\"wp-element-caption\"><sub><sup>as of Mar 31, 2025<\/sup><\/sub><\/figcaption><\/figure>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Objects of the Issue:<\/strong><\/h2>\n\n\n\n<p>Mangal Electrical Limited proposes to utilize the net proceeds from its Initial Public Offering (IPO) for the following purposes:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Repayment\/Prepayment of Borrowings:<br><\/strong>An amount of \u20b9101.27 crore will be used for the repayment or prepayment, in full or in part, of certain outstanding borrowings availed by the company, thereby reducing debt obligations and strengthening the financial position.<\/li>\n\n\n\n<li><strong>Capital Expenditure for Facility Expansion:<br><\/strong>\u20b987.86 crore will be allocated towards capital expenditure, including civil works, for expanding the company\u2019s Unit IV facility located at Reengus, Sikar District, Rajasthan. This will enhance production capacity and operational efficiency.<\/li>\n\n\n\n<li><strong>Funding Working Capital Requirements:<br><\/strong>An amount of \u20b9122.00 crore will be utilized to meet the company\u2019s working capital needs, ensuring smooth day-to-day operations and business growth.<\/li>\n\n\n\n<li><strong>General Corporate Purposes:<br><\/strong>The balance of the funds will be used for general corporate activities, including administrative expenses, business development, and other strategic initiatives.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Prospectus Links:<\/strong><\/h2>\n\n\n\n<p><strong>Prospectus:<\/strong> Official documents that provide detailed information about the IPO and the company. <\/p>\n\n\n\n<div class=\"wp-block-group is-vertical is-content-justification-left is-layout-flex wp-container-core-group-is-layout-7aba0d93 wp-block-group-is-layout-flex\" style=\"padding-top:0;padding-bottom:0\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-fe9cc265 wp-block-group-is-layout-flex\">\n<p class=\"has-ast-global-color-0-color has-text-color has-link-color wp-elements-5ecfc073df0d184216d5c408ab68de0e\"><a href=\"https:\/\/www.sebi.gov.in\/filings\/public-issues\/jan-2025\/mangal-electrical-industries-limited_90535.html\" target=\"_blank\" rel=\"noreferrer noopener\">Mangal Electrical Industries\u00a0Limited IPO DRHP.<\/a><\/p>\n\n\n\n<p class=\"has-ast-global-color-0-color has-text-color has-link-color wp-elements-4b2a2a7d1babba382718fef6342e2867\"><a href=\"https:\/\/nsearchives.nseindia.com\/content\/ipo\/RHP_MEIL.zip\" target=\"_blank\" rel=\"noreferrer noopener\">Mangal Electrical Industries\u00a0Limited IPO RHP<\/a><\/p>\n<\/div>\n<\/div>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mangal Electrical Industries IPO Price: \u20b9533 to \u20b9561 per shareIPO Dates: 20th August 2025 &#8211; 22nd August 2025 Company Overview Mangal Electrical Industries Limited is a leading manufacturer of high-quality transformer components and transformers, serving the power infrastructure sector. Established in 1989 as a partnership firm and incorporated as a private limited company in 2008, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":7244,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[55],"tags":[161,1251,162],"class_list":["post-7242","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ipo-news","tag-ipo","tag-mangal-electrical-industries-ipo","tag-upcoming-ipo"],"_links":{"self":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/7242","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/comments?post=7242"}],"version-history":[{"count":2,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/7242\/revisions"}],"predecessor-version":[{"id":7247,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/7242\/revisions\/7247"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/media\/7244"}],"wp:attachment":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/media?parent=7242"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/categories?post=7242"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/tags?post=7242"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}