Mangal Electrical IPO vs Sambhv Steel Tubes IPO

Comparison between Mangal Electrical IPO and Sambhv Steel Tubes IPO.

IPO Details

Mangal Electrical IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Sambhv Steel Tubes IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Mangal Electrical IPO is up to ₹400.00 Cr whereas the issue size of the Sambhv Steel Tubes IPO is up to ₹540.00 Cr. The final issue price of Mangal Electrical IPO is ₹561.00 per share and of Sambhv Steel Tubes IPO is ₹82.00 per share.

 Mangal Electrical IPOSambhv Steel Tubes IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹533.00 per share₹77.00 per share
Issue Price (Upper)₹561.00 per share₹82.00 per share
Issue Price (Final)₹561.00 per share₹82.00 per share
Discount (Retail)
Discount (Employee)₹4.00 per share
Market Lot Size26 shares182 shares
Fresh Issue Size71,30,124 shares5,36,69,429 shares
Fresh Issue Size (Amount)up to ₹400.00 Crup to ₹440.02 Cr
OFS Issue Size0 shares1,21,95,120 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹99.98 Cr
Issue Size Total71,30,124 shares6,58,64,549 shares
Issue Size Total (Amount)up to ₹400.00 Crup to ₹540.00 Cr

IPO Timetable

Mangal Electrical IPO opens on Aug 20, 2025, while Sambhv Steel Tubes IPO opens on Jun 25, 2025. The closing date of Mangal Electrical IPO and Sambhv Steel Tubes IPO is Aug 22, 2025, and Jun 27, 2025, respectively.

 Mangal Electrical IPOSambhv Steel Tubes IPO
Anchor Bid DateAug 19, 2025Jun 24, 2025
Issue OpenAug 20, 2025Jun 25, 2025
Issue CloseAug 22, 2025Jun 27, 2025
Basis Of Allotment (Tentative)Aug 25, 2025Jun 30, 2025
Initiation of Refunds (Tentative)Aug 26, 2025Jul 01, 2025
Credit of Share (Tentative)Aug 26, 2025Jul 01, 2025
Listing date (Tentative)Aug 28, 2025Jul 02, 2025
Anchor Lockin End date 1Sep 23, 2025Jul 29, 2025
Anchor Lockin End date 2Nov 22, 2025Sep 27, 2025

Financials & KPIs

Mangal Electrical IPO P/E ratio is 24.31, as compared to Sambhv Steel Tubes IPO P/E ratio of 23.97.

 Mangal Electrical IPOSambhv Steel Tubes IPO
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.

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

Company Financials (Restated Standalone)

Period Ended31 Dec 202431 Mar 202431 Mar 202331 Mar 2022
Assets1,411.82940.13552.14458.51
Total Income1,018.811,289.38939.00820.75
Profit After Tax40.6982.4460.3872.11
EBITDA106.37159.87117.30124.52
NET Worth478.46438.28210.40149.30
Reserves and Surplus197.28190.31129.21
Total Borrowing619.15346.88282.77241.29
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)10071.9
Promoter Shareholding (Post-Issue)74.1957.4
P/E Ratio24.3123.97
Market Cap₹1550.05 Cr.₹2416.22 Cr.
ROE29%25.42%
ROCE25.38%17.66%
Debt/Equity0.920.80
EPS₹23.08₹3.42
RoNW34.14%25.42%

Shares Offered

In the Mangal Electrical IPO Retail Individual Investors (RII) are offered 24,95,544 shares while in Sambhv Steel Tubes IPO retail investors are offered 24,95,544 shares. Qualified Institutional Buyers (QIB) are offered 14,26,041 shares in Mangal Electrical IPO and 1,31,09,756 shares in Sambhv Steel Tubes IPO.

 Mangal Electrical IPOSambhv Steel Tubes IPO
Anchor Investor Reservation21,39,020 shares1,96,64,633 shares
Market Maker Reservation0 shares0 shares
QIB14,26,041 shares1,31,09,756 shares
NII10,69,519 shares98,32,317 shares
RII24,95,544 shares2,29,42,073 shares
Employee0 shares3,20,512 shares
Others
Total71,30,124 shares6,58,69,291 shares

Bids Received (Subscription)

Mangal Electrical IPO subscribed 9.95x in total, whereas Sambhv Steel Tubes IPO subscribed 30.33x.

 Mangal Electrical IPOSambhv Steel Tubes IPO
QIB (times)11.09x66.36x
NII (times)19.78x33.88x
Big NII (times)20.05x35.82x
Small NII (times)19.23x30.01x
RII (times)5.09x8.56x
Employee (times)5.71x
Other (times)
Total (times)9.95x30.33x

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