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
Opens On
Closes On
Application
Allotment
20-Aug-2025
22-Aug-2025
₹ 561.00
₹ 0.00
Minimum Application for shares in Nos : 26.0
Further Multiples of : 26.0
(₹)Cr.
Lead Managers to the Issue
Project Cost
375.97
Systematix Corporate Services Ltd
Project Financed through Current Offer
400.00
Post Issue Equity Share Capital
27.63
Issue Price
₹561.00
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