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.