Mangal Electrical Industries IPO opens for subscription today: Should you bid?

Mangal Electrical Industries is a processor of transformer components, transformer lamination, amorphous cores, coil assemblies and core assemblies, wound core, toroidal core, and oil-immersed circuit breakers. The company’s customers include government discoms and private companies such as Ajmer Vidyut Vitran Nigam, Jaipur Vidyut Vitran Nigam, Voltamp Transformers and Western Electrotrans.

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