Mangal Electrical IPO Subscription
ListedUpdated 28 August 2025, 9:15 AM IST· Mainboard
Mangal Electrical IPO subscription closed on 22 August 2025 at 9.95x overall by shares. QIB demand came in at 11.09x, NII at 19.78x, and retail at 5.09x. See Retail, SHNI, and BHNI allotment chances in the table below.
Allotment date is 25 August 2025. Listing date on NSE and BSE is 28 August 2025.
Mangal Electrical IPO Day-wise Subscription
Daily QIB, NII, Retail, and overall subscription as bids come in
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 20 Aug 2025 | 0.13x | 0.76x | 0.74x | 0.57x |
| Day 2 - 21 Aug 2025 | 0.14x | 4.42x | 2.19x | 2.08x |
| Day 3 - 22 Aug 2025 | 11.09x | 19.78x | 5.09x | 9.95x |
Mangal Electrical IPO Allotment Chances
Retail, SHNI, and BHNI chances based on application subscription
Mangal Electrical IPO allotment chances for Retail, SHNI, and BHNI. All three use lottery when the category is oversubscribed.
| Category | Subscription (Apps) | Allotment Chances |
|---|---|---|
| Retail | 4.46x | 1 in 4 |
| SHNI (Rs 2L to Rs 10L) | 18.72x | 1 in 19 |
| BHNI (above Rs 10L) | 3.95x | 1 in 4 |
Chances use application subscription (how many bids came in), not share or amount figures. If you get allotment, you get at least one lot. Higher subscription means lower chance per PAN.
Check the Mangal Electrical IPO Allotment Status page from 25 August 2025 for your result.
Mangal Electrical IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 561.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 80.00 Cr | Rs 887.60 Cr | 11.09x |
| FII | - | Rs 296.44 Cr | - |
| DFI | - | Rs 160.12 Cr | - |
| Mutual Funds | - | Rs 30.05 L | - |
| Other | - | Rs 430.73 Cr | - |
| NII | Rs 60.00 Cr | Rs 1,186.66 Cr | 19.78x |
| bNII (above Rs 10L) | Rs 40.00 Cr | Rs 801.98 Cr | 20.05x |
| Corporate | - | Rs 14.87 Cr | - |
| Individual | - | Rs 755.28 Cr | - |
| Other | - | Rs 31.83 Cr | - |
| sNII (Rs 2L to Rs 10L) | Rs 20.00 Cr | Rs 384.69 Cr | 19.23x |
| Corporate | - | Rs 1.63 Cr | - |
| Individual | - | Rs 362.73 Cr | - |
| Other | - | Rs 20.33 Cr | - |
| Retail | Rs 140.00 Cr | Rs 712.49 Cr | 5.09x |
| Cut-off price | - | Rs 570.59 Cr | - |
| Fixed price | - | Rs 141.90 Cr | - |
| Total | Rs 280.00 Cr | Rs 2,786.75 Cr | 9.95x |
Mangal Electrical IPO Subscription by Applications
Category-wise subscription based on applications received
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| QIB | 14,26,025 | 117 | 0.00x |
| FII | - | 17 | - |
| DFI | - | 3 | - |
| Mutual Funds | - | 1 | - |
| Other | - | 96 | - |
| NII | 2,938 | 26,060 | 8.87x |
| bNII (above Rs 10L) | 1,959 | 7,732 | 3.95x |
| Corporate | - | 142 | - |
| Individual | - | 7,275 | - |
| Other | - | 315 | - |
| sNII (Rs 2L to Rs 10L) | 979 | 18,328 | 18.72x |
| Corporate | - | 80 | - |
| Individual | - | 17,269 | - |
| Other | - | 979 | - |
| Retail | 95,982 | 4,28,211 | 4.46x |
| Cut-off price | - | 3,40,525 | - |
| Fixed price | - | 87,686 | - |
| Total | 15,24,945 | 4,54,388 | 0.30x |
What Do These Subscription Numbers Mean?
9.95x overall by shares means bids covered about 10 times the shares on offer. Allotment chances depend on applications in each category.
QIB at 11.09x by shares shows institutional demand from mutual funds, FIIs, and banks.
NII covers bids above Rs 2 lakh (8.87x by applications). Split: SHNI 18.72x, BHNI 3.95x by applications. SHNI and BHNI allotment is by lottery.
At 4.46x subscription by applications, about 1 in 4 retail applicants may get allotment (~22% chance per application). Retail allotment is also by lottery.
Mangal Electrical IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 20 August 2025 |
| IPO Close Date | 22 August 2025 |
| Allotment Date | 25 August 2025 |
| Refund Initiation | 26 August 2025 |
| Share Credit to Demat | 26 August 2025 |
| Listing Date | 28 August 2025 |
| Minimum Investment | Rs 14,586.00 |
| Lot Size | 26 shares |
About 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.
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors (SHNI & BHNI)
Investors bidding above Rs 2 lakh. Split into SHNI (Rs 2 lakh to Rs 10 lakh) and BHNI (above Rs 10 lakh). Both use lottery allotment when oversubscribed.
Retail - Retail Individual Investors
Investors bidding up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Winners get at least one lot.
Mangal Electrical IPO IPO Pages
Open related pages for this IPO: details, GMP, subscription, allotment, review, FAQ, registrar, timeline, and news.
Mangal Electrical IPO Details
Issue size, price, financials, and company info
Mangal Electrical IPO GMP
Live grey market premium and listing estimate
Mangal Electrical IPO Subscription
QIB, NII, Retail, SHNI and BHNI subscription
Mangal Electrical IPO Allotment
Allotment date, chances, and check by PAN
Mangal Electrical IPO Review
SWOT, strengths, risks, and IPO review
Mangal Electrical IPO FAQ
Common questions on dates, GMP, and allotment
Mangal Electrical IPO Registrar
Registrar website and how to check allotment
Mangal Electrical IPO Timeline
Open, close, allotment, and listing dates
Mangal Electrical IPO News
Updates, blogs, and latest IPO news
Mangal Electrical IPO Subscription FAQs
What is Mangal Electrical IPO subscription status today?
Mangal Electrical IPO subscription closed on 22 August 2025 with overall subscription of 9.95x (by shares) as of 27 August 2026, 4:32 AM IST. QIB 11.09x, NII 8.87x, Retail 4.46x.
What is the overall subscription of Mangal Electrical IPO?
Mangal Electrical IPO is subscribed 9.95x overall by shares at close on 22 August 2025. QIB 11.09x, NII 8.87x, and Retail 4.46x.
What is Mangal Electrical IPO QIB subscription?
Mangal Electrical IPO QIB (Qualified Institutional Buyers) subscription is 11.09x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is Mangal Electrical IPO Retail subscription?
Mangal Electrical IPO Retail subscription is 4.46x by applications. Retail bids are up to Rs 2 lakh per PAN.
What is Mangal Electrical IPO NII, SHNI, and BHNI subscription?
Mangal Electrical IPO NII subscription is 8.87x by applications. NII is bids above Rs 2 lakh, split into SHNI (Rs 2L to Rs 10L) at 18.72x and BHNI (above Rs 10L) at 3.95x.
What are Mangal Electrical IPO retail allotment chances?
At 4.46x subscription by applications, about 1 in 4 retail applicants may get allotment (~22% chance per application). Allotment is by lottery. Share subscription was 5.09x. Allotment chances use applications, not share volume.
What are Mangal Electrical IPO SHNI allotment chances?
At 18.72x subscription by applications, about 1 in 19 SHNI applicants may get allotment (~5% chance per application). Allotment is by lottery. Share subscription was 19.23x. Allotment chances use applications, not share volume.
What are Mangal Electrical IPO BHNI allotment chances?
At 3.95x subscription by applications, about 1 in 4 BHNI applicants may get allotment (~25% chance per application). Allotment is by lottery. Share subscription was 20.05x. Allotment chances use applications, not share volume.
When is Mangal Electrical IPO allotment date?
Mangal Electrical IPO allotment date is 25 August 2025. Check Mangal Electrical IPO Allotment Status on IPOwiz from that day using your PAN.
When does Mangal Electrical IPO subscription close?
Mangal Electrical IPO subscription closed on 22 August 2025. No new applications are accepted after the close.
What is Mangal Electrical IPO GMP today?
Mangal Electrical IPO GMP is ₹-5 today (-0.89% over issue price ₹561). See live GMP on the Mangal Electrical IPO GMP Today page.
What is Mangal Electrical IPO issue price and lot size?
Mangal Electrical IPO issue price is ₹561 per share. Lot size is 26 shares. Minimum investment is ₹14,586 per lot. Issue size: ₹400.00 Cr.
When is Mangal Electrical IPO listing date?
Mangal Electrical IPO listing date is 28 August 2025 on NSE and BSE. Allotment is on 25 August 2025.
How does subscription affect Mangal Electrical IPO allotment?
In Mangal Electrical IPO, Retail, SHNI, and BHNI allotment is by lottery when oversubscribed. Chances follow application subscription in each category, not share volume. At 9.95x overall, competition is moderate.
For allotment results from 25 August 2025, visit the Mangal Electrical IPO Allotment Status page. For listing day updates on 28 August 2025, download the IPOwiz App.
Sources
We match Mangal Electrical IPO IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.
- SEBIRules for IPO allotment and disclosures in India
- NSEExchange notices, bidding data, and listing updates
- BSEExchange notices and IPO allotment check tools
- RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
- IPO RegistrarRegistrar details are on the allotment page for this IPO
Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.
Reviewed by
Dinesh Agrawal · Lead IPO Analyst
15+ years in Indian markets and IPO research. He reviews subscription data before it goes live.