Mangal Electrical Industries IPO Listing: Shares list at ₹556 on NSE, down 0.89% from issue price
Mangal Electrical Industries shares listed at ₹556 on NSE and ₹558 on BSE, slightly below the IPO price. The IPO was oversubscribed 9.95 times, with significant demand from non-institutional investors. Proceeds will fund debt repayment and expansion of its manufacturing facility in Rajasthan. | Source: mint
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