Mangal Electrical IPO GMP - Live Grey Market Premium

Listed
Mangal Electrical IPO

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'.

Issue Price
561
Current GMP
5
GMP %
-0.89
Est. Listing Price
556
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IPO Details

Price Range
₹533.00-561.00
Issue Size
₹400.00 Cr
Lot Size
26 shares
IPO Type
Mainboard
Open Date
20 Aug 2025
Close Date
22 Aug 2025
Allotment Date
25 Aug 2025
Listing Date
28 Aug 2025

GMP Timeline

DateIPO PriceGMPEst. Price% Change
25 Aug 2025Live
561
21
582
+3.74
24 Aug 2025
561
14
575
+2.50
23 Aug 2025
561
15
576
+2.67
22 Aug 2025
561
15
576
+2.67
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
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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.

Back to GMP TrackerView Full IPO Details

Frequently Asked Questions

What is GMP (Grey Market Premium)?
GMP (Grey Market Premium) is the premium at which IPO shares are traded in the unofficial market before official listing. It indicates market sentiment and expected listing price. A positive GMP suggests strong demand, while negative GMP indicates weak market sentiment.
What is the current GMP for Mangal Electrical IPO?
The current GMP for Mangal Electrical IPO is ₹-5. This represents a -0.89% discount over the issue price of ₹561.
What is the estimated listing price based on current GMP?
Based on the current GMP of ₹-5 and issue price of ₹561, the estimated listing price for Mangal Electrical IPO is ₹556. However, the actual listing price may differ based on market conditions on 28 August 2025.
How is GMP calculated?
GMP is determined by market demand and supply in the unofficial grey market. It's the difference between the expected listing price and the issue price. Higher GMP indicates strong demand and investor confidence, while lower or negative GMP suggests weak demand.
Is GMP reliable for IPO investment decisions?
GMP provides market sentiment but shouldn't be the sole factor for investment decisions. It's unofficial and can change daily. Consider company fundamentals, financials, market conditions, and your risk appetite before investing. GMP is a reference indicator, not a guarantee.
Can GMP change before listing?
Yes, GMP is highly volatile and can change daily based on market conditions, subscription levels, overall market sentiment, and news about the company. The GMP you see today may be different tomorrow, and it can change until 28 August 2025.
What happens if GMP is negative?
A negative GMP of ₹5 for Mangal Electrical IPO indicates the stock may list below the issue price of ₹561. This suggests weak market demand. However, actual listing price may differ from GMP predictions, and negative GMP doesn't guarantee a loss.
How does GMP affect IPO subscription?
High GMP often correlates with high subscription rates as investors expect good listing gains. However, this isn't always true. Some IPOs with high GMP may have lower subscription if investors are cautious. GMP reflects market sentiment, which can influence subscription behavior.
What is the estimated profit based on GMP?
For a lot size of 26 shares, the estimated profit based on current GMP of ₹-5 is ₹-130. This is calculated as: Lot Size × GMP × Number of Lots. Note: This is an estimate and actual listing price may vary.