LG Electronics IPO vs Mangal Electrical IPO

Comparison between LG Electronics IPO and Mangal Electrical IPO.

IPO Details

LG Electronics IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Mangal Electrical IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of LG Electronics IPO is up to ₹11,607.01 Cr whereas the issue size of the Mangal Electrical IPO is up to ₹400.00 Cr. The final issue price of LG Electronics IPO is ₹1,140.00 per share and of Mangal Electrical IPO is ₹561.00 per share.

 LG Electronics IPOMangal Electrical IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹1,080.00 per share₹533.00 per share
Issue Price (Upper)₹1,140.00 per share₹561.00 per share
Issue Price (Final)₹1,140.00 per share₹561.00 per share
Discount (Retail)
Discount (Employee)₹108.00 per share
Market Lot Size13 shares26 shares
Fresh Issue Size0 shares71,30,124 shares
Fresh Issue Size (Amount)up to ₹0.00 Crup to ₹400.00 Cr
OFS Issue Size10,18,15,859 shares0 shares
OFS Issue Size (Amount)up to ₹11,607.01 Crup to ₹0.00 Cr
Issue Size Total10,18,15,859 shares71,30,124 shares
Issue Size Total (Amount)up to ₹11,607.01 Crup to ₹400.00 Cr

IPO Timetable

LG Electronics IPO opens on Oct 07, 2025, while Mangal Electrical IPO opens on Aug 20, 2025. The closing date of LG Electronics IPO and Mangal Electrical IPO is Oct 09, 2025, and Aug 22, 2025, respectively.

 LG Electronics IPOMangal Electrical IPO
Anchor Bid DateOct 06, 2025Aug 19, 2025
Issue OpenOct 07, 2025Aug 20, 2025
Issue CloseOct 09, 2025Aug 22, 2025
Basis Of Allotment (Tentative)Oct 10, 2025Aug 25, 2025
Initiation of Refunds (Tentative)Oct 13, 2025Aug 26, 2025
Credit of Share (Tentative)Oct 13, 2025Aug 26, 2025
Listing date (Tentative)Oct 14, 2025Aug 28, 2025
Anchor Lockin End date 1Nov 10, 2025Sep 23, 2025
Anchor Lockin End date 2Jan 07, 2026Nov 22, 2025

Financials & KPIs

LG Electronics IPO P/E ratio is 35.12, as compared to Mangal Electrical IPO P/E ratio of 24.31.

 LG Electronics IPOMangal Electrical IPO
Financials

Company Financials (Restated)

LG Electronics India Ltd.'s revenue increased by 14% and profit after tax (PAT) rose by 46% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended30 Jun 202531 Mar 202531 Mar 202431 Mar 2023
Assets11,516.4411,517.158,498.448,992.12
Total Income6,337.3624,630.6321,557.1220,108.58
Profit After Tax513.262,203.351,511.071,344.93
EBITDA716.273,110.122,224.871,895.12
NET Worth6,447.855,933.753,735.824,319.82
Reserves and Surplus5,805.505,291.403,659.124,243.12
Total Borrowing0.000.000.000.00
Amount in ₹ Crore

Company Financials (Restated)

Mangal Electrical Industries Ltd.'s revenue increased by 22% and profit after tax (PAT) rose by 126% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets366.46246.54221.26
Total Income551.39452.13357.81
Profit After Tax47.3120.9524.74
EBITDA81.8442.6344.42
NET Worth162.16114.9993.97
Total Borrowing149.1292.1296.64
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100100
Promoter Shareholding (Post-Issue)8574.19
P/E Ratio35.1224.31
Market Cap₹77380.05 Cr.₹1550.05 Cr.
ROE29%
ROCE42.91%25.38%
Debt/Equity0.92
EPS₹32.46₹23.08
RoNW37.13%34.14%

Shares Offered

In the LG Electronics IPO Retail Individual Investors (RII) are offered 3,55,61,796 shares while in Mangal Electrical IPO retail investors are offered 3,55,61,796 shares. Qualified Institutional Buyers (QIB) are offered 2,03,21,026 shares in LG Electronics IPO and 14,26,041 shares in Mangal Electrical IPO.

 LG Electronics IPOMangal Electrical IPO
Anchor Investor Reservation3,04,81,539 shares21,39,020 shares
Market Maker Reservation0 shares0 shares
QIB2,03,21,026 shares14,26,041 shares
NII1,52,40,770 shares10,69,519 shares
RII3,55,61,796 shares24,95,544 shares
Employee2,10,728 shares0 shares
Others
Total10,18,15,859 shares71,30,124 shares

Bids Received (Subscription)

LG Electronics IPO subscribed 54.02x in total, whereas Mangal Electrical IPO subscribed 9.95x.

 LG Electronics IPOMangal Electrical IPO
QIB (times)166.51x11.09x
NII (times)22.44x19.78x
Big NII (times)24.68x20.05x
Small NII (times)17.98x19.23x
RII (times)3.55x5.09x
Employee (times)7.62x
Other (times)
Total (times)54.02x9.95x

Compare with others

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LG Electronics IPO Vs Mangal Electrical IPO