Mangal Electrical Industries Limited IPO Opens on August 20, 2025

Mumbai (Maharashtra) [India], August 19: Mangal Electrical Industries Limited (The Company, MEL) engaged in the processing of transformer components such as Cold-Rolled Grain Oriented (CRGO) steel, Amorphous materials, and Integrated Circuit Breakers (ICB), alongside manufacturing transformers and providing comprehensive EPC services, proposes to open its Initial Public Offering on Wednesday, August 20, 2025, aiming to raise ₹ 400 Crore (At Upper Price Band), with shares to be listed on the BSE & NSE platform.

The issue size is