Archive · 24 Nov 2025
Mangal Electrical Shares Fall 3% as Lock-In Ends
Mangal Electrical Industries' stock fell by 3% on Monday.
This happened because a three-month lock-in period for anchor investors ended, allowing them to sell their shares.
The stock reached a low of Rs 412.35 during the day.
The company's market value is now Rs 1,139.33 crore.
Investor Sunil Singhania had bought a 2.9% stake earlier.
The stock has been losing value for five days in a row, dropping 7% in total.
Since its listing in August 2025, the stock has fallen 24%, while the broader market gained 6%.
The company raised Rs 120 crore from anchor investors before its IPO, selling 21.39 lakh shares at Rs 561 each.
Mangal Electrical shares fell 3% after the end of the three-month lock-in period for anchor investors.
The stock reached an intraday low of Rs 412.35.
The company's market capitalization is now Rs 1,139.33 crore.
Ace investor Sunil Singhania had acquired a 2.9% stake in the company.
The stock has declined for five consecutive sessions, accumulating a 7% drop.
- Who
- Mangal Electrical Industries and its anchor investors
- What
- Stock price decline after lock-in period ends
- When
- Monday, 24 November 2025
- Where
- Indian stock market
- Why
- Anchor investors allowed to sell their stake
- Company
- Mangal Electrical Industries
- Stock Decline
- 3%
- Intraday Low
- Rs 412.35
- Market Cap
- Rs 1,139.33 crore
- Anchor Investor Stake
- 2.9%
- Listing Date
- 28 August 2025
- IPO Fundraising
- Rs 120 crore
- Shares Allocated
- 21.39 lakh