IPO Key Dates
The Mangal Electrical IPO, which concluded, had specific dates for its opening and closing. These dates were crucial for potential investors to submit
their applications within the given timeframe. Details about the listing date would have become available after the closing.
Price and Lot Size
The IPO's price and lot size were essential factors for investors. These details determined the minimum investment amount required. The specific price and lot size information provided potential investors with a clear understanding of the financial commitment needed.
GMP Analysis
The Grey Market Premium (GMP) stood at 5.35%. The GMP is a key indicator of market sentiment towards the IPO. This premium suggests the IPO's potential performance upon listing, offering a glimpse into what to expect on the listing day.
Subscription Status
The Mangal Electrical IPO saw a subscription rate of 3.2x. This figure illustrates the level of investor interest and the demand for the IPO shares. This information helps investors gauge the overall market enthusiasm.
Should You Apply?
Considering the subscription figures and GMP, potential investors could have assessed whether or not to apply for the IPO. These factors, combined with their investment strategies and risk tolerance, could have influenced their decision. The decision depends on individual investor goals.
