Mangal Electrical IPO GMP - Live Grey Market Premium
Ongoing
Mangal Electrical Industries Ltd., incorporated in 2008, is a specialist in processing transformer components and manufacturing transformers for the power infrastructure industry. The company's product portfolio includes transformer laminations, CRGO slit coils, amorphous cores, coil and core assemblies, and oil-immersed circuit breakers. It also trades in CRGO and CRNO coils and amorphous ribbons. Mangal Electrical offers EPC (Engineering, Procurement, and Construction) services for setting up electrical substations and markets its products under the brand name 'Mangal Electrical'.
IPO Details
GMP Timeline
| Date | IPO Price | GMP | Est. Price | % Change |
|---|---|---|---|---|
22 Aug 2025Live | 561 | 34 | 595 | +6.06 |
21 Aug 2025 | 561 | 34 | 595 | +6.06 |
20 Aug 2025 | 561 | 33 | 594 | +5.88 |
19 Aug 2025 | 561 | 25 | 586 | +4.46 |
18 Aug 2025 | 561 | 0 | 561 | 0.00 |
17 Aug 2025 | 561 | 0 | 561 | 0.00 |
16 Aug 2025 | 561 | 0 | 561 | 0.00 |
15 Aug 2025 | 561 | 0 | 561 | 0.00 |
14 Aug 2025 | 561 | 0 | 561 | 0.00 |
Important Notes About Grey Market Premium
Grey Market Premium (GMP) is an unofficial value that indicates investor sentiment before the IPO listing. It is the premium amount at which IPO shares are traded in the grey market before they are officially listed on the stock exchange.
GMP fluctuates based on market conditions and investor sentiment. A positive GMP suggests the market expects the stock to list above its issue price, while a negative GMP suggests it may list below the issue price.
The actual listing price may differ from the estimated price based on GMP due to market conditions on the listing day. GMP is not an official indicator and should not be the sole basis for investment decisions.
IPOwiz updates the GMP values regularly, but these values are sourced from unofficial channels and should be used as a reference only.