Mangal Electrical Industries Ltd. IPO

Incorporated in 2008, Mangal Electrical Industries Limited manufactures transformers used in the distribution and transmission of electricity within the power sector.

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The company also processes key transformer components, including lamination, CRGO slit coils, amorphous cores, coil and core assemblies, wound cores, toroidal cores, and oil-immersed circuit breakers. Its products are marketed under the brand name “Mangal Electrical,” which enjoys a strong reputation and high brand recall in the industry. Read more

How do I apply for the Mangal Electrical IPO?

You can apply for the Mangal Electrical IPO using any supported UPI app by following two steps:

• Enter your bid on rocket
• Accept UPI mandate on your phone

On acceptance of the mandate, the bid amount will get blocked in your bank account.