Comparison between Mangal Electrical IPO and Rajputana Stainless IPO.
Mangal Electrical IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Rajputana Stainless IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Mangal Electrical IPO is up to ₹400.00 Cr whereas the issue size of the Rajputana Stainless IPO is up to ₹254.98 Cr. The final issue price of Mangal Electrical IPO is ₹561.00 per share and of Rajputana Stainless IPO is ₹122.00 per share.
| Mangal Electrical IPO | Rajputana Stainless IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹533.00 per share | ₹116.00 per share |
| Issue Price (Upper) | ₹561.00 per share | ₹122.00 per share |
| Issue Price (Final) | ₹561.00 per share | ₹122.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 26 shares | 110 shares |
| Fresh Issue Size | 71,30,124 shares | 1,46,50,000 shares |
| Fresh Issue Size (Amount) | up to ₹400.00 Cr | up to ₹178.73 Cr |
| OFS Issue Size | 0 shares | 62,50,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹76.25 Cr |
| Issue Size Total | 71,30,124 shares | 2,09,00,000 shares |
| Issue Size Total (Amount) | up to ₹400.00 Cr | up to ₹254.98 Cr |
Mangal Electrical IPO opens on Aug 20, 2025, while Rajputana Stainless IPO opens on Mar 09, 2026. The closing date of Mangal Electrical IPO and Rajputana Stainless IPO is Aug 22, 2025, and Mar 11, 2026, respectively.
| Mangal Electrical IPO | Rajputana Stainless IPO | |
|---|---|---|
| Anchor Bid Date | Aug 19, 2025 | |
| Issue Open | Aug 20, 2025 | Mar 09, 2026 |
| Issue Close | Aug 22, 2025 | Mar 11, 2026 |
| Basis Of Allotment (Tentative) | Aug 25, 2025 | Mar 17, 2026 |
| Initiation of Refunds (Tentative) | Aug 26, 2025 | Mar 18, 2026 |
| Credit of Share (Tentative) | Aug 26, 2025 | Mar 19, 2026 |
| Listing date (Tentative) | Aug 28, 2025 | Mar 19, 2026 |
| Anchor Lockin End date 1 | Sep 23, 2025 | |
| Anchor Lockin End date 2 | Nov 22, 2025 |
Mangal Electrical IPO P/E ratio is 24.31, as compared to Rajputana Stainless IPO P/E ratio of 21.1.
| Mangal Electrical IPO | Rajputana Stainless IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Financials | 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.
| Company Financials (Restated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | 78.22 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 74.19 | 57.01 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 24.31 | 21.1 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹1550.05 Cr. | ₹1019.53 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 29% | 30.17% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 25.38% | 31.72% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.92 | 0.66 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹23.08 | ₹5.78 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 34.14% | 26.23% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Mangal Electrical IPO Retail Individual Investors (RII) are offered 24,95,544 shares while in Rajputana Stainless IPO retail investors are offered 24,95,544 shares. Qualified Institutional Buyers (QIB) are offered 14,26,041 shares in Mangal Electrical IPO and 20,90,000 shares in Rajputana Stainless IPO.
| Mangal Electrical IPO | Rajputana Stainless IPO | |
|---|---|---|
| Anchor Investor Reservation | 21,39,020 shares | 0 shares |
| Market Maker Reservation | 0 shares | 0 shares |
| QIB | 14,26,041 shares | 20,90,000 shares |
| NII | 10,69,519 shares | 56,43,000 shares |
| RII | 24,95,544 shares | 1,31,67,000 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 71,30,124 shares | 2,09,00,000 shares |
Mangal Electrical IPO subscribed 9.95x in total, whereas Rajputana Stainless IPO subscribed 1.12x.
| Mangal Electrical IPO | Rajputana Stainless IPO | |
|---|---|---|
| QIB (times) | 11.09x | 2.51x |
| NII (times) | 19.78x | 2.59x |
| Big NII (times) | 20.05x | 3.74x |
| Small NII (times) | 19.23x | 0.31x |
| RII (times) | 5.09x | 0.27x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 9.95x | 1.12x |
