Mangal Electrical Industries IPO Subscription Status
Mangal Electrical Industries IPO was subscribed 9.95 times when bidding closed on 22 Aug 2025: QIB 11.09x, NII 19.78x, Retail 5.09x.
The Mangal Electrical Industries IPO has been subscribed 9.95x times overall. Retail investors have shown interest with bids for 5.09x the shares available. The Non-Institutional Investor (NII) category has been subscribed 19.78x. Within NII, Big HNI (B-HNI) subscribed 20.05x and Small HNI (S-HNI) subscribed 19.23x. Qualified Institutional Buyers (QIBs) have subscribed 11.09x. Data last updated on 10 Nov, 05:58 AM.
The IPO subscription period has ended. The issue opened on 20 Aug, 2025 and closes on 22 Aug, 2025. The shares are expected to list on stock exchanges on 28 Aug, 2025.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Live bidding
Shares bid against shares offered, category by category, as published by the exchanges. Summary splits NII into bHNI (above ₹10 lakh) and sHNI (₹2–10 lakh); switch to Detailed for the exchange's own sub-category rows.
| Category | Bid details | Times |
|---|---|---|
| QIB | - of - - | 11.09x |
| NII | - of - - | 19.78x |
bHNI — bid amount above ₹10 Lakh |
- - | 20.05 |
sHNI — bid amount ₹2–10 Lakh |
- - | 19.23 |
| Retail | - of - - | 5.09x |
| TOTAL | - 4,39,424 applications - | 9.95x |
Mangal Electrical Industries IPO Basis of Allotment
Final Final figures published by the registrar, after technical rejections. Allotment price ₹561.
| Category | AppsApplications | GotAllottees | Odds |
|---|---|---|---|
| TOTAL 7.27x subscribed | 4,39,424 | 98,959 | 2 out of 92 out of 9 |
Mangal Electrical Industries IPO allotment probability
Your odds of an allotment in each category at the current subscription.
Odds = allotment slots ÷ applications, or the subscription multiple where counts aren't available. Retail and HNI allotment is by lottery; QIB is proportionate. Not investment advice.
Subscription insights
What the current book is saying, read off the category numbers above.
Retail Allotment
Subscription is above 1x. While a lottery is guaranteed, your probability of allotment is approximately 19.6% for a single lot.
Institutional Backing
Massive institutional interest with QIBs subscribing 11.09x. This often signals long-term confidence from professional funds.
Day-wise subscription history
End-of-day subscription across the 3-day bidding window. On phones, tap a day for the category split.
| Date | Total | ||
|---|---|---|---|
|
22 Aug 2025
Day 3 |
9.95x | ▼ | |
|
QIB11.09x
BHNI20.05x
SHNI19.23x
Retail5.09x
|
|||
|
21 Aug 2025
Day 2 |
1.97x | ▼ | |
|
QIB0.13x
BHNI3.49x
SHNI5.58x
Retail2.07x
|
|||
|
20 Aug 2025
Day 1 |
0.54x | ▼ | |
|
QIB0.12x
BHNI0.59x
SHNI0.96x
Retail0.7x
|
|||
Mangal Electrical Industries IPO dates
From the bidding window to listing. Today is 10 November.
- Open 20 Aug 2025
- Close 22 Aug 2025
- Allotment 25 Aug 2025
- Refund/credit 26 Aug 2025
- Listing 28 Aug 2025
Anchor investor allocation
Shares allotted to anchor investors the working day before the issue opened.
| # | Anchor Investor | Group Entity | Amt (₹ cr.) | % Allocated | |
|---|---|---|---|---|---|
| 1 | ABAKKUS DIVERSIFIED ALPHA FUND | ABAKKUS | ₹38.00 Cr | 31.67% | |
| 2 | LC PHAROS MULTI STRATEGY FUND VCC-LC PHAROS MULTI STRATEGY FUND SF1 | LC PHAROS | ₹25.00 Cr | 20.83% | |
| 3 | SOCIETE GENERALE-ODI | SOCIETE GENERAL | ₹12.00 Cr | 10.00% | |
| 4 | FINAVENUE CAPITAL TRUST-FINAVENUE GROWTH FUND | FINAVENUE | ₹10.00 Cr | 8.33% | |
| 5 | SWYOM INDIA ALPHA FUND | SWYOM | ₹10.00 Cr | 8.33% | |
| 6 | SUNDARAM ALTERNATIVE INVESTMENT TRUST - SUNDARAM ALTERNATIVE OPPORTUNITIES FUND - ALTAS | SUNDARAM MUTUAL FUND | ₹5.00 Cr | 4.17% | |
| 7 | IMAP INDIA CAPITAL INVESTMENT TRUST-CATALYST NEW INDIA FUND | IMAP INDIA | ₹5.00 Cr | 4.17% | |
| 8 | SUNRISE INVESTMENT TRUST-SUNRISE INVESTMENT OPPORTUNITIES FUND | SUNRISE | ₹5.00 Cr | 4.17% | |
| 9 | AARTH AIF GROWTH FUND | AARTH | ₹5.00 Cr | 4.17% | |
| 10 | STEPTRADE REVOLUTION FUND | STEPTRADE | ₹5.00 Cr | 4.17% | |
| TOTAL | ₹120.00 Cr | 100.01% |
What does this subscription data mean?
IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:
- 01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
- 02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
- 03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
- 04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.
Data sourced from BSE/NSE. Subscription numbers are updated during bidding hours (10 AM – 5 PM IST) on active subscription days.
Frequently asked
What is the current subscription status of Mangal Electrical Industries IPO?
As of IPO close date (22 Aug, 2025), the Mangal Electrical Industries IPO is subscribed 9.95x times. Retail category is 5.09x, and NII is 19.78x subscribed.
When is the allotment date for Mangal Electrical Industries IPO?
The allotment for Mangal Electrical Industries IPO is expected to be finalized on 25 August, 2025.
When will Mangal Electrical Industries IPO list on the stock market?
Mangal Electrical Industries is scheduled to list on BSE and NSE on 28 August, 2025.
What are the chances of getting allotment in Mangal Electrical Industries IPO?
The retail category is oversubscribed at 5.09x, meaning allotment is by lottery. Statistically, approximately 1 in 6 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.
What does QIB subscription of 11.09x mean for Mangal Electrical Industries IPO?
Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 11.09x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.
How to check Mangal Electrical Industries IPO allotment status?
After the allotment date (25 Aug, 2025), you can check your Mangal Electrical Industries IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.
Explore Mangal Electrical Industries IPO further
Track every stage of this IPO, from subscription to listing.
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Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.
