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Mangal Electrical Industries
399.
60
-3.40
(-0.84%)
Market Cap
₹1,104.10 Cr
PE Ratio
26.98
Industry
Capital Goods
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Company Performance:
1D
-0.84%
1M
-14.04%
6M
-25.36%
1Y
-25.36%
5Y
-25.36%
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Latest news about Mangal Electrical Industries
Mangal Electrical Industries Reports No Deviation in Rs. 400 Crore IPO Fund Utilization
Nov 14, 2025
Mangal Electrical Industries Limited has utilized Rs. 180.61 crore of its Rs. 400 crore IPO proceeds, with no material deviation from stated objectives, according to CARE Ratings Limited. The company spent Rs. 75.32 crore on loan repayments, Rs. 38.15 crore on working capital, Rs. 44.43 crore for general corporate purposes, Rs. 0.27 crore on capital expenditure, and Rs. 22.44 crore on issue-related expenses. The remaining Rs. 219.39 crore is deployed in fixed deposits, a public issue account, and a credit balance in a bank account. The company plans to complete fund utilization for most objectives by FY26, with capital expenditure extending into FY27.
Mangal Electrical Industries Reports Mixed Q2 Results with Revenue Growth but Profit Decline
Nov 08, 2025
Mangal Electrical Industries Appoints Ramkishan Bairwa as Chief Operating Officer (EPC)
Sep 16, 2025
Mangal Electrical Industries Reports Mixed Q1 Results with Revenue Decline and Margin Improvement
Sep 16, 2025
Mangal Electrical Industries Confirms Balvinder Singh Guleri as Company Secretary and Compliance Officer
Aug 28, 2025
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