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IPO Synopsis

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Mangal Electrical Industries Ltd
Registered Office: C-61 (A&B) Road No 1-C,V K I Area , Jaipur - 302013 , Rajasthan , India.
Phone : +91141 4036 113
Fax :
Email :  compliance@mangals.com  
Website :  https://www.mangals.com
Initial public offering of up to 71,30,124 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. 561/- per equity share, including a share premium of Rs. 551/- per equity share (the "Issue Price") aggregating up to Rs. 400.00 crores (the "Issue"). The issue shall constitute 25.81% of the post-issue paid-up equity share capital of the company.

Issue Money Payable On
Opened On Closed On Offer Price Application
20-Aug-25 22-Aug-25 ₹  561.00 ₹  561.00
Minimum Application for shares in Nos :26  Further Multiples of :26

  Lead Managers to the Issue
Project Cost ₹   375.97 Cr
Systematix Corporate Services Ltd
Project Financed through Current Offer ₹   400.00 Cr  
Post Issue Equity Share Capital ₹   27.63 Cr  
Face Value ₹   10  
 
Projects
Repayment/prepayment in full or in part of certain outstanding borrowings availed by the companyFunding working capital requirements of the copany
Capital expenditure of the company for expanding the facility at unit IV situatedGeneral corporate purposes
Promoted By
Rahul Mangal  
Ashish Mangal  
Saroj Mangal  
Listing At
BSE 
NSE 
Registrar to the Issue
No Data Found.
 
 

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