Mangal Electrical Industries IPO
Mangal Electrical Industries IPO is a mainboard IPO raising ₹400 Cr at ₹533 – ₹561 a share. It listed on 28 Aug 2025 and trades at ₹292 today, −47.9% against its issue price of ₹561. It was subscribed 9.46× in total.
9.5 times more demand than shares on offer
populated partly populated we hold nothing here — the tab says why
Who bid for it
| Investor category | Shares offered | Shares bid for | Subscribed |
|---|---|---|---|
| QIB Banks, funds and other large institutions | 15,00,955 | 1,58,21,702 | 11× |
| Foreign Institutional Investors | no separate quota | 52,84,214 | n/a |
| Domestic Financial Institutions | no separate quota | 28,54,202 | n/a |
| Mutual funds | no separate quota | 5,356 | n/a |
| Others | no separate quota | 76,77,930 | n/a |
| Non-institutional Wealthy individuals and companies bidding above ₹2 lakh | 11,25,704 | 2,11,52,664 | 19× |
| Non Institutional Investors | 7,50,470 | 1,42,95,476 | 19× |
| Corporates | no separate quota | 2,65,018 | n/a |
| Individuals | no separate quota | 1,34,63,060 | n/a |
| Others | no separate quota | 5,67,398 | n/a |
| Non Institutional Investors | 3,75,234 | 68,57,188 | 18× |
| Corporates | no separate quota | 29,042 | n/a |
| Individuals | no separate quota | 64,65,706 | n/a |
| Others | no separate quota | 3,62,440 | n/a |
| Retail Ordinary investors bidding up to ₹2 lakh | 26,26,642 | 1,27,00,272 | 4.84× |
| Cut Off | no separate quota | 1,01,70,914 | n/a |
| Price bids | no separate quota | 25,29,358 | n/a |
| Total | 52,53,301 | 4,96,74,638 | 9.46× |
Sub-categories read no separate quota rather than a dash: the exchange publishes bids at that level but never a reservation against them, so a subscription multiple does not exist — it is not missing data. Bids across both exchanges (NSE and BSE) — the figure usually quoted publicly. Last updated 25 Jul, 06:16 pm IST.
How demand built
Only one reading so far. We sample subscription every hour and store it whenever it moves, so this becomes a curve as bidding runs.