Mangal Electrical IPO
Electrical/Engineering - Listed on 28 August 2025
Mangal Electrical IPO listing summary
Mangal Electrical (Electrical/Engineering) closed its IPO window in 2025 and listed on NSE and BSE on 28 August 2025 at an upper band issue price of Rs 561, opening at Rs 556 for a listing gain of -0.9% and closing day one at Rs 535.35 (-4.6% on closing basis). The IPO was subscribed 9.46x overall - QIB 10.54x, HNI/NII 18.79x, Retail 4.84x. The total issue size was Rs 400 Cr (Fresh Issue Rs 400 Cr, OFS Rs 0 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Listing day performance
Subscription breakdown
Final (Day 3) subscription
Number of times each investor category subscribed by close of Day 3.
Day-wise overall subscription
How overall subscription built up across the three-day issue window.
Mangal Electrical IPO GMP history
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | Rs 20 | +3.57% |
| Day 2 | Rs 20 | +3.57% |
| Day 3 | Rs 25 | +4.46% |
| Day 4 | Rs 29 | +5.17% |
| Day 5 | Rs 33 | +5.88% |
GMP Prediction vs IPOGyani AI Prediction
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
Issue & financials
Market context at listing
How the broader market moved around the Mangal Electrical IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
Mangal Electrical IPO - FAQs
What was the listing gain of Mangal Electrical IPO?
Mangal Electrical IPO listed at -0.9% versus the upper issue price of Rs 561 on 28 August 2025.
How many times was Mangal Electrical IPO subscribed?
Mangal Electrical IPO was subscribed 9.46x overall. QIB portion was subscribed 10.54x, HNI / NII 18.79x and Retail 4.84x.
What was the IPO GMP for Mangal Electrical?
IPO GMP started at Rs 20 on Day 1 and moved to Rs 33 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.