Mangal Electricals makes weak debut; lists at discount to IPO price on NSE
Mangal Electricals IPO: Mangal Electrical Industries made a muted debut on the stock exchanges on August 28, listing at nearly 1 per cent below its issue price, despite strong demand during its initial public offering. The Rs 400-crore IPO was subscribed 9.46 times during the offer period from August 19 to 21. The stock opened at…
