Rajasthan, India.
Initial public offering of up to [*] equity shares of face value of (₹) 10 each ("Equity Shares") of Mangal Electrical Industries Limited (The "Company" or The "Issuer") for cash at a price* of (₹) [*] per equity share, including a share premium of (₹) [*] per equity share (The "Issue Price") aggregating up to (₹) 400.00 crores (The "Issue"). The issue shall constitute [*]% of the post-issue paid-up equity share capital of the company.
Price Band:(₹) 533 to (₹)561 per equity share of the face value of (₹)10 each.
The floor price is 53.3 times of the face value the cap price is 56.1 times of the face value.
Bids can be made for a minimum of 26 equity shares and in multiples of 26 equity shares thereafter.
Minimum Application for shares in Nos :
26
Further Multiples of :
26
(Rs.Cr)
Lead Managers to the Issue
Project Cost
0.00
Systematix Corporate Services Ltd