Mangal Electrical Industries Limited - IPO
MAINBOARDMangal Electrical Industries IPO Details
Mangal Electrical Industries IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
To be announced | |||
Mangal Electrical Industries IPO Reservation
Promoter Holding
Documents
Mangal Electrical Industries IPO Valuations
Mangal Electrical Industries Limited Financial Information
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 3,070.67 | 2,465.42 | 2,212.61 | 2,415.15 |
| Revenue | 2,481.86 | 4,521.32 | 3,578.12 | 2,595.45 |
| Profit After Tax | 195.76 | 210.16 | 247.56 | 93.37 |
| Net Worth | 134.56 | 114.99 | 93.97 | 69.22 |
| Reserves and Surplus | 1,140.64 | 944.88 | 734.72 | 487.16 |
| Total Borrowing | 110.79 | 92.12 | 96.64 | 119.03 |
| Amount in ₹ Crore | ||||
About Mangal Electrical Industries IPO
Incorporated in 2008, Mangal Electrical Industries Limited is engaged in manufacturing the transformers that are used for the distribution and transmission of electricity in the power sector.
The company processes transformer components, including lamination, CRGO slit coils, amorphous cores, coil and core assemblies, wound cores, toroidal cores, and oil-immersed circuit breakers.
The company markets and sells its products under the brand name "Mangal Electrical," known for its strong reputation and high brand recall value.
The company operates five production facilities in Rajasthan with an annual capacity of 16,200 MT for CRGO, 750,000 KVA for transformers, 75,000 units for ICB, and 2,400 MT for amorphous units.
Products Portfolio:
The company manufactures and supplies critical components for transformers used in electricity distribution and transmission, including small, distribution, and large transformers, contributing to energy-saving electrical equipment.
- CRGO Wide Coil: The company manufactures CRGO-wide coils with high magnetic permeability and low core loss, ideal for large transformers where high efficiency is crucial for optimal performance.
- CRGO Slit Coil: The company manufactures precision slit coils from CRGO sheets, ensuring exact dimensions for transformer core construction, reducing energy loss, and enhancing efficiency in transformer production where precise sizing is essential.
- CRGO Core Assembly: The company assembles CRGO laminations for core assemblies, ensuring low core loss and high efficiency, used in various transformers to minimize energy loss and optimize operational performance.
- Promoters exhibit strong leadership and are supported by experienced senior management.
- Exhibition of certain approvals available to selected market players.
- Diversified base of customers.
- Strong backward and forward integration which ensures operational efficiency.
- Proven track record of consistent growth.
Strength Of Mangal Electrical Industries IPO
Risk Of Mangal Electrical Industries IPO
Objectives Mangal Electrical Industries IPO
- Repayment/prepayment, in full or in part, of certain outstanding borrowings availed by the Company.
- Capital expenditure of the Company for expanding the facility at Unit IV situated Reengus, Sikar District, Rajasthan and civil works at its existing head office, Jaipur, Rajasthan to optimize space usage and increase storage capacity.
- Funding working capital requirements of the Company.
- General corporate purposes.
Company Contact Details
Mangal Electrical Industries Limited
C-61, C-61 (A&B),
Road No. 1-C,
V. K. I. Area,
Jaipur, Rajasthan, 302013
Phone: +91141-4036113
Email: compliance@mangals.com
Website: http://www.mangals.com/
Registrar Contact Details
Lead Mangers
Systematix Corporate Services Limited