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.

FAQs on Mangal Electrical IPO GMP

Q1. What is the Mangal Electrical IPO GMP today?
As of August 21, 2025, the Mangal Electrical IPO GMP is ₹33 per share. Based on the upper price band of ₹561, the expected listing price is projected around ₹594, suggesting a potential gain of nearly 5.88%.

Q2. How is the Mangal Electrical IPO GMP calculated?
The Mangal Electrical IPO GMP is calculated in the grey market, which is an unofficial market where shares trade before official listing. It represents the premium investors are willing to pay over the IPO issue price, giving an early idea of potential listing gains.

Q3. What is the expected listing price of Mangal Electrical IPO based on GMP?
Considering the current Mangal Electrical IPO GMP of ₹33, the expected listing price is approximately ₹594 per share. However, GMP may fluctuate daily based on demand and subscription levels.

Q4. Is the Mangal Electrical IPO GMP a reliable indicator of listing gains?
The Mangal Electrical IPO GMP is a helpful indicator but not 100% reliable. GMP reflects market sentiment, but final listing gains also depend on subscription demand, company fundamentals, and overall market conditions.

Q5. When is the Mangal Electrical IPO allotment date?
The Mangal Electrical IPO allotment date is scheduled for August 25, 2025. Investors can check their allotment status online through the registrar’s portal once the process is finalized.

Q6. What is the Mangal Electrical IPO listing date?
The Mangal Electrical IPO listing date is tentatively set for August 28, 2025 on both BSE and NSE.

Q7. What is the lot size and minimum investment for Mangal Electrical IPO?
The Mangal Electrical IPO lot size is 26 shares. For retail investors, the minimum investment is ₹13,858. For sNII, it is ₹2,04,204 (14 lots), and for bNII, ₹10,06,434 (69 lots).

Q8. Should I apply for the Mangal Electrical IPO based on GMP?
The Mangal Electrical IPO GMP currently shows modest gains. While GMP suggests ~5–6% listing gains, investors should also consider the company’s financial performance, industry position, and subscription demand before applying.

Q9. Where can I get daily updates on Mangal Electrical IPO GMP?
You can check daily updates on Mangal Electrical IPO GMP on trusted IPO analysis platforms like Finowings, which provide live GMP trends, expected listing prices, allotment status, and expert insights.

Q10. Can the Mangal Electrical IPO GMP change before listing?
Yes, the Mangal Electrical IPO GMP can change daily depending on subscription levels, investor sentiment, and market trends. It often increases as demand rises or falls if sentiment weakens.