Mangal Electrical Industries IPO Subscription.

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Mangal Electrical Industries: Category QIB offered 14,26,042 shares, applied 1,58,21,702 shares, with a subscription of 11.09x, and total amount raised is 887.60 Cr. Category HNI offered 10,69,519 shares, applied 2,11,51,208 shares, with a subscription of 19.78x, and total amount raised is 1,186.58 Cr. Category BHNI (10L+) offered 7,13,012 shares, applied 1,42,95,476 shares, with a subscription of 20.05x, and total amount raised is 801.98 Cr. Category SHNI (2L - 10L) offered 3,56,506 shares, applied 68,55,732 shares, with a subscription of 19.23x, and total amount raised is 384.61 Cr. Category Retail offered 24,95,544 shares, applied 1,26,84,022 shares, with a subscription of 5.08x, and total amount raised is 711.57 Cr. Category Total offered 49,91,105 shares, applied 4,96,56,932 shares, with a subscription of 9.95x, and total amount raised is 2,785.75 Cr.

Mangal Electrical Industries: For BHNI (10L+), 1,959 shares were reserved, 7,734 were applied, and the subscription was 3.95x. For SHNI (2L - 10L), 979 shares were reserved, 18,329 were applied, and the subscription was 18.72x. For Retail, 95,982 shares were reserved, 4,21,669 were applied, and the subscription was 4.39x. Total applications received were 4,47,732.

Category	Offered	Applied	Times	Total Amount (Rs Cr.)
QIB	14,26,042	1,58,21,702	11.09x	887.60
HNI	10,69,519	2,11,51,208	19.78x	1,186.58
BHNI (10L+)	7,13,012	1,42,95,476	20.05x	801.98
SHNI (2L - 10L)	3,56,506	68,55,732	19.23x	384.61
Retail	24,95,544	1,26,84,022	5.08x	711.57
Total	49,91,105	4,96,56,932	9.95x	2,785.75

Last Updated : 22 Aug, 2025 05:00:00 PM

Category	Reserved	Applied	Times
BHNI (10L+)	1,959	7,734	3.95x
SHNI (2L - 10L)	979	18,329	18.72x
Retail	95,982	4,21,669	4.39x

Total Applications: 447732

IPO Investor Categories

Qualified Institutional Buyers (QIB)
Institutions like banks, mutual funds, insurance companies, and other SEBI-registered entities fall under the QIB category. They typically invest large sums on behalf of clients or schemes.
Non-Institutional Investors (NII)
This group includes high-net-worth individuals (HNIs), NRIs, trusts, and companies that apply for shares worth more than ₹2 lakhs. Unlike QIBs, SEBI registration is not required.
NII is further split into:
1. sNII (Applications below ₹10 Lakhs)
  Investors bidding between ₹2 lakhs and ₹10 lakhs fall in the Small NII (sHNI) bracket. One-third of the NII portion is set aside for them.
2. bNII (Applications above ₹10 Lakhs)
  Investors applying for more than ₹10 lakhs are classified as Big NIIs (bHNI). Two-thirds of the NII shares are allocated to this sub-category.
Retail Individual Investors (RII)
Individuals or NRIs applying for shares up to ₹2 lakhs are considered retail investors and are part of the RII quota.
Employee (EMP)
This section is reserved for eligible employees of the company participating in the IPO.
Others
Includes eligible shareholders or specific investors with a reserved quota as per the IPO policy.

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