Mangal Electrical IPO GMP, Price, Allotment, Listing Date & Subscription Details

The Mangal Electrical IPO has gained notable attention among investors, especially with its Grey Market Premium (GMP) performance. Many retail and HNI investors are tracking the Mangal Electrical IPO GMP to gauge the possible listing gains. Let’s explore all the important details, including IPO dates, issue size, lot size, allotment, listing, and today’s GMP updates.

Mangal Electrical IPO GMP Today

As of August 21, 2025 (10:35 AM), the Mangal Electrical IPO GMP is ₹33 per share. Considering the IPO’s upper price band of ₹561, the expected listing price is projected around ₹594 per share. This indicates a potential listing gain of approximately 5.88%.

Tracking the Mangal Electrical IPO GMP provides an early idea of investor sentiment before the IPO officially lists on the stock exchanges.

Mangal Electrical IPO Details

• IPO Type: Book Built Issue

• Issue Size: ₹400.00 crores

• Fresh Issue: 0.71 crore shares aggregating to ₹400.00 crores

• Offer for Sale (OFS): None (entirely fresh issue)

• Price Band: ₹533 – ₹561 per share

• Lot Size: 26 shares

• Minimum Investment (Retail): ₹13,858

• sNII Investment (14 lots / 364 shares): ₹2,04,204

• bNII Investment (69 lots / 1,794 shares): ₹10,06,434

Mangal Electrical IPO Dates

• Bidding Opens: August 20, 2025

• Bidding Closes: August 22, 2025

• Allotment Date: August 25, 2025

• Listing Date: August 28, 2025 (Tentative)

• Stock Exchanges: BSE & NSE

Should You Apply in Mangal Electrical IPO?

The Mangal Electrical IPO GMP reflects modest listing gains at the moment. While the current premium of ₹33 suggests a ~5.88% gain, GMP can change significantly before the listing date.

Investors should not rely only on GMP but also analyze:

• Company’s fundamentals and revenue growth

• Financial strength and order book pipeline

• Valuation compared to industry peers

• Subscription demand in retail, QIB, and HNI categories
  
  

If the fundamentals are strong and subscription levels remain high, listing gains could be better than the current GMP trend suggests.

Conclusion

The Mangal Electrical IPO GMP currently stands at ₹33, indicating an estimated listing price of around ₹594. With an issue size of ₹400 crores and a price band of ₹533–₹561, the IPO has drawn investor interest.

For short-term investors, GMP offers a preview of possible listing gains, while long-term investors should focus on the company’s growth potential and industry outlook.