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Electric Equipments - Transformers
Sub Sector: Processing transformer components
Mangal Electrical Industries is processing transformer components, including transformer lamination, CRGO slit coils, amorphous cores, coil assemblies and core assemblies, wound core, toroidal core and oil immersed circuit breakers. They also trade CRGO and CRNO coils, as well as amorphous ribbons. Further, they manufacture transformers and customised products in the power infrastructure industry. They manufacture transformers with capacities ranging from single-phase 5 KVA to three-phase 10 MVA (medium power) units and also provide EPC services for setting up electrical sub-station, catering to the power infrastructure sector.
The Company is both NABL and PGCIL lab approved underscoring their adherence to stringent quality standards (Source: Industry Report). They have also procured PGCIL approval for processing of transformers/ reactors from up to 132 kV to up to 400 kV class and are also an ISO 9001:2015 and ISO 14001:2015 certified with a global customer base. The Company has also obtained NTPC approval forCRGO processing. Further, they also possess Brockhaus Messtechnik, a Germany based machinery, used for process and quality control checks which enables them to achieve high-efficiency level outputs. The customer mix primarily include governmental and municipal utilities such as Ajmer Vidyut Vitran Nigam Limited and Jaipur Vidyut Vitran Nigam Limited and private sector energy producers such as Voltamp Transformers Limitedand Western Electrotrans Private Limited. They have their presence across India. As for the six-month period ended September 30, 2024, and for the last three Fiscals 2024, 2023 and 2022, they have exported their transformer componentsto Netherlands, United Arab Emirates, Oman and United States of Americ
Bigshare Services Private Limited
Mangal Electrical Industries operates in Electric Equipments - Transformers and Processing transformer components. The Issue would be listed on MainBoard. The registrar of the Issue is Bigshare Services Private Limited. The IPO type of Mangal Electrical Industries is Book Building Process and Object of issue is
Merchant Banker of Mangal Electrical Industries IPO is Systematix Corporate Services Limited
The DRHP (Draft Red Herring Prospectus) of Mangal Electrical Industries IPO was filed on 24 Dec 2024.
No, Mangal Electrical Industries IPO is not yet listed. See other upcoming MainBoard IPOs here.
The IPO open date and IPO close date of Mangal Electrical Industries are not available now. You can apply in Mangal Electrical Industries IPO online using either UPI or ASBA as a payment method. ASBA IPO application can be done through net banking of your bank account. UPI IPO application is also offered by brokers, though they don't handle any banking services.
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