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IPO Synopsis

Mangal Electrical Industries Ltd
Initial public offering of up to [*] equity shares of face value of Rs. 10 each ("Equity Shares") of Mangal Electrical Industries Limited (The "Company" or The "Issuer") for cash at a price* of Rs. [*] per equity share, including a share premium of Rs. [*] per equity share (The "Issue Price") aggregating up to Rs. 400.00 crores (The "Issue"). The issue shall constitute [*]% of the post-issue paid-up equity share capital of the company. Price Band:Rs. 533 to Rs.561 per equity share of the face value of Rs.10 each. The floor price is 53.3 times of the face value the cap price is 56.1 times of the face value. Bids can be made for a minimum of 26 equity shares and in multiples of 26 equity shares thereafter.
Issue
Opens On Closes On
20-Aug-25 22-Aug-25
Money Payable On
Application Allotment
533.00 0.00
Minimum Application for shares in Nos : 26 Further Multiples of : 26
(.Cr) Lead Managers to the Issue
Project Cost (.Cr) 0.00 Systematix Corporate Services Ltd
Project Financed through Current Offer (.Cr) 400.00  
Post Issue Equity Share Capital (.Cr) 27.60
Issue Price () 533.00
Projects
Repayment/prepayment in full or in part of certain outstanding borrowings availed by the company
Capital expenditure of the company for expanding the facility at unit IV situated
Funding working capital requirements of the copany
General corporate purposes
Promoted By
Rahul Mangal
Ashish Mangal
Saroj Mangal
Listing At
BSE
NSE
Registrar to the Issue
Bigshare Services Pvt Ltd
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