Mangal Electrical Industries IPO Calculator

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Mangal Electrical Industries IPO Shares to Apply By Lots Calculator

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Mangal Electrical Industries IPO Funding Interest Rates Calculator

The cost of funding an investment in the Mangal Electrical Industries IPO is calculated based on the oversubscription rate for Non-Institutional Investors (NII) and the interest rate of the loan. This estimate uses a standard 7-day loan period.

Mangal Electrical Industries IPO Interest Cost Calculator

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  • IPO Price is the upper price band in case of a book-built issue.
  • NII oversubscription is the number of times the NII category oversubscribed. The table reflects data considering -1 time oversubscription as a starting point with the flexibility to change as desired.
  • ROI is the interest rate at which the loan gets granted.
  • 7-days is the loan funding period.

Note: The oversubscription intervals are derived based on the set incremental HNI IPO collection value. This value is currently set to 100 which can be changed as desired based on the IPO issue size and price.

Read more about Shringar House of Mangalsutra IPO