Mangal Electrical IPO Subscription History

As of August 28, 2025, the Mangal Electrical IPO has been subscribed 9.46 times overall. The IPO is fully subscribed.

The Mangal Electrical IPO subscription window was open from August 20, 2025 to August 22, 2025. Investors could apply through their demat account or ASBA facility.

The Mangal Electrical IPO has a price band of ₹533 to ₹561 per share, with a lot size of 26 shares. Minimum retail investment: ₹13,858 (lower band) or ₹14,586 (upper band).

The QIB category has been subscribed 10.54 times. QIBs were offered 1,500,955 shares. Strong QIB subscription indicates high institutional confidence.

Retail investors subscribed 4.84 times. Retail was offered 2,626,642 shares.

Overall NII: 18.79×. bNII (>₹10L): 19.05×, sNII (<₹10L): 18.27×. NII includes HNIs and corporate entities investing above ₹2 lakh.

Basis of allotment is on August 25, 2025. Check via the registrar's website, Bigshare Services Private Limited using your PAN number, application number, or DP/Client ID. You can also check on BSE/NSE websites or through your broker's app.

Mangal Electrical IPO is expected to list on August 28, 2025. Shares will list on NSE,BSE. Allotted shares are credited to your demat account 1 business day before listing.

A subscription multiple of 9.46× means investors have bid for 9.46 times the total shares available. Since the IPO is oversubscribed, not every applicant will receive shares, allotment happens via lottery (for retail) or proportionately (for other categories). Higher multiples generally reduce allotment probability.

Based on the current retail subscription of 4.84×, the estimated allotment probability for retail investors is Moderate. Better odds than heavily subscribed IPOs. Retail allotment in oversubscribed IPOs is done by computerised lottery, each valid application has an equal probability regardless of the number of lots applied for.

You can apply for Mangal Electrical IPO through: (1) ASBA (Application Supported by Blocked Amount) via your bank's net banking or mobile app, (2) UPI-based application through your broker's app (Zerodha, Groww, Angel One, etc.), or (3) directly via your demat account. The amount is blocked in your account and deducted only upon allotment. Applications were accepted from Aug 20 to Aug 22, 2025.

The grey market premium (GMP) reflects unofficial pre-listing trading sentiment. For the latest Mangal Electrical IPO GMP data, check the IPORise GMP page. Note: GMP is unofficial, speculative, and not a guaranteed indicator of listing price. Use it only as a sentiment signal alongside official subscription data.