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15 Days Price Change

Mangal Electrical IPO

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Profile
Issue Size 294.71 Cr
Profile
Price Range 533  to  561 per share
Profile
Min Investment ₹561
Profile
Lot Size 1
Profile
Face Value ₹10
Profile
Draft Prospectus
Invest Before the IPO Goes Live

Buy unlisted shares early and participate in the growth before public listing.

Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Overview

We are in the business of processing transformer components, including transformer lamination, CRGO slit coils, amorphous cores, coil assemblies and core assemblies, wound core, toroidal core and oil immersed circuit breakers. We also trade CRGO and CRNO coils, as well as amorphous ribbons. Further, we manufacture transformers and customised products in the power infrastructure industry. We manufacture transformers with capacities ranging from single-phase 5 KVA to three-phase 10 MVA (medium power) units and also provide EPC services for setting up electrical sub-station, catering to the power infrastructure sector. Read More

Basic Info

Face Value 10 per share

Price 533  to  561 per share

P/E (x) 24.3

Sales( Cr.) 549

PAT( Cr.) 47

EPS 23.1

Draft Prospectus

Exchange BSE-NSE

Promoter

Company Promoters

Rahul Mangal Ashish Mangal Saroj Mangal Aniketa Mangal

Pre Issue Share Holding 100%

Post Issue Share Holding 74.19%

Listing Details:

Listing Price: 558

Listing Gain: -0.54%

Current Price: 320.8

Gain On Issue: 320.8 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date Aug 20, 2025
Closing Date Aug 22, 2025
Allotment Aug 25, 2025
Refund Aug 26, 2025
Delivery of Shares Aug 26, 2025
Listing Date Aug 27, 2025

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 26 14,586
Retail (Max) 13 338 189,618
S-HNI (Min) 14 364 204,204
S-HNI (Max) 68 1768 991,848
B-HNI (Min) 69 1794 1,006,434

Objective of the Issue

1. Repayment/prepayment, in full or in part, of certain outstanding borrowings availed by our Company 2. Capital expenditure of our Company for expanding the facility at Unit IV situated Reengus, Sikar District,Rajasthan and civil works at its existing head office, Jaipur, Rajasthan to optimize space usage and increase storage capacity 3. Funding working capital requirements of our Company 4. General corporate purposes (collectively, the “Objects”).

Issue

Category Nos Bid Bid (x)
QIB 1500955 15821702 10.5x
NII 1125704 21152664 18.8x
Retail 2626642 12700272 4.8x
EMP 0 0 0x
Total 5253301 49674638 9.5x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

Mangal Electrical Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 171 144 191 199 290 208 121 218 354 449 549
Other Income 1 2 4 2 1 4 1 1 4 3 2
Total Income 172 146 195 202 290 212 122 219 358 452 551
Total Expenditure 156 125 168 177 266 194 109 197 310 407 468
Operating Profit 16 22 27 24 24 18 14 23 48 45 84
Interest 10 16 18 15 12 10 9 12 11 13 15
Depreciation 1 1 3 3 4 4 3 3 4 4 5
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 5 4 6 6 8 5 1 8 33 28 64
Provision for Tax 2 1 2 2 3 2 0 2 8 7 16
Profit After Tax 3 3 4 4 5 3 1 6 25 21 47
Adjustments 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 3 3 4 4 5 3 1 6 25 21 47
Adjusted Earnings Per Share 2.3 1.9 2.6 2.8 3.8 2 0.7 4.2 17.1 14.4 23.1

Mangal Electrical Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 27 30 33 38 43 46 47 53 94 115 162
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 38 80 95 80 40 53 58 35 44 19 12
Other Non-Current Liabilities 0 0 -0 0 1 0 0 1 0 -0 1
Total Current Liabilities 112 82 56 82 95 89 81 97 81 111 190
Total Liabilities 177 192 185 200 179 188 185 187 220 244 365
Fixed Assets 20 16 30 37 35 32 30 31 34 40 39
Other Non-Current Assets 0 15 2 0 1 1 16 1 8 11 26
Total Current Assets 156 160 153 162 144 155 139 155 178 193 299
Total Assets 177 192 185 200 179 188 185 187 220 244 365

Mangal Electrical Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 3 29 5 10 6 8 1 0 3 1 7
Cash Flow from Operating Activities -9 -22 32 27 53 -16 -1 37 27 37 -30
Cash Flow from Investing Activities -7 -12 -2 -10 -2 -1 -10 -2 4 -13 -18
Cash Flow from Financing Activities 42 9 -25 -21 -50 17 9 -33 -34 -18 42
Net Cash Inflow / Outflow 26 -24 5 -4 2 0 -1 1 -2 6 -7
Closing Cash & Cash Equivalent 29 5 10 6 8 8 0 1 1 7 0

Mangal Electrical Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 2.25 1.93 2.57 2.83 3.75 2.03 0.74 4.19 17.06 14.45 23.08
CEPS(Rs) 3.13 2.86 4.35 4.97 6.48 4.65 3.01 6.47 19.63 17.26 25.48
DPS(Rs) 0 0 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 18.57 20.5 23.06 25.89 29.64 31.67 32.41 36.6 60.67 75.16 79.1
Core EBITDA Margin(%) 7.98 12.04 10.7 10.86 8.09 6.81 10.29 10.02 12.54 9.48 14.9
EBIT Margin(%) 7.76 12.53 11.37 10.47 6.94 6.84 8.49 8.96 12.48 9.16 14.36
Pre Tax Margin(%) 2.6 2.62 2.68 2.98 2.91 2.22 0.92 3.68 9.28 6.25 11.6
PAT Margin (%) 1.72 1.73 1.76 2.01 1.88 1.42 0.88 2.78 6.98 4.66 8.61
Cash Profit Margin (%) 2.38 2.56 2.97 3.53 3.24 3.24 3.6 4.29 8.03 5.57 9.51
ROA(%) 1.84 1.52 1.98 2.13 2.87 1.6 0.57 3.26 12.17 9.03 15.54
ROE(%) 12.12 9.86 11.78 11.56 13.51 6.62 2.3 12.14 35.08 21.27 34.89
ROCE(%) 12.99 15.65 16.57 14.74 16.11 11.89 7.16 13.52 27.04 20.72 30.44
Receivable days 90.74 126.78 136.35 163.79 112.47 164.03 249.86 112.38 79.62 71.37 72.31
Inventory Days 122.45 169.37 113.62 96.64 67.8 78.68 163.08 107.54 75.64 66.91 76.79
Payable days 158.94 175.59 95.27 106.39 102.26 130.88 165.52 77.58 40.92 23.16 27.63
PER(x) 0 0 0 0 0 0 0 0 0 0 0
Price/Book(x) 0 0 0 0 0 0 0 0 0 0 0
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 0.42 0.87 0.62 0.58 0.24 0.46 1 0.38 0.31 0.22 0.31
EV/Core EBITDA(x) 4.5 5.8 4.4 4.7 2.88 5.27 8.89 3.62 2.3 2.2 2.02
Net Sales Growth(%) 0 -15.98 32.38 4.57 45.17 -28.23 -41.78 80.5 62.22 26.86 22.23
EBIT Growth(%) 0 37.08 19.1 -11.29 -6.02 -29.25 -27.72 90.41 125.9 -6.81 91.5
PAT Growth(%) 0 -14.41 33.24 10.27 32.54 -45.86 -63.76 469.2 307.32 -15.32 125.82
EPS Growth(%) 0 -14.41 33.24 10.27 32.54 -45.86 -63.76 469.2 307.32 -15.32 59.73
Debt/Equity(x) 3.22 3.88 3.37 2.84 1.45 1.92 2.26 1.57 1.1 0.85 0.92
Current Ratio(x) 1.4 1.96 2.73 1.97 1.51 1.74 1.72 1.59 2.18 1.74 1.57
Quick Ratio(x) 0.83 0.91 1.91 1.21 1.03 1.24 0.93 0.92 1.17 0.99 0.79
Interest Cover(x) 1.5 1.26 1.31 1.4 1.72 1.48 1.12 1.7 3.9 3.15 5.2
Total Debt/Mcap(x) 0 0 0 0 0 0 0 0 0 0 0

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 22% 36% 21% 12%
Operating Profit CAGR 87% 54% 36% 18%
PAT CAGR 124% 99% 73% 32%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR NA% NA% NA% NA%
ROE Average 35% 30% 21% 16%
ROCE Average 30% 26% 20% 17%

Company Contact Information

Mangal Electrical Industries Ltd.

Balvinder Singh Guleri

91141-4036113

compliance@mangals.com

C-61, C-61 (A & B) Road No. 1- C V. K. I. Area

IPO Lead Manager(s)

Mangal Electrical Industries Ltd.

Systematix Corporate Services Ltd.

Registrar Info

Mangal Electrical Industries Ltd.

Bigshare Services Pvt Ltd

G 10 Left Wing Amruta Village , Opp: Yashoda Hospital,Raj Bhavan Road,Somajiguda,Hyderabad

Frequently Asked Questions

All You Need To Know About IPO

When you leave without vesting, generally unvested ESOPs are cancelled. Vested ESOPs usually can be exercised after you depart, often within 3 to 6 months, depending on the company's ESOP plan.

For companies listed on a stock exchange, you can sell the shares any time after you exercise the ESOP option and the shares are in your demat account. If the company is unlisted or otherwise a startup, you can only sell the shares if and when the company announces a buyback or has a process for secondary sales.

Whenever you exercised your options to hold shares, you entered into a market risk situation, and if the valuation of the company drops, so do the shares.

Yes. ESOPs are valuable to the employer in that the employer is able to retain the best talent, align employee interests with company goals, and preserve cash while rewarding performance.

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