Mangalam Global Enterprise Limited IPO
NSE SME₹ 204000 /4000 Shares
*Min Investment
15 Nov, 2019
Open Date20 Nov, 2019
Close Date26 Nov, 2019
Allotment Date27 Nov, 2019
Listing DateIPO Issue Details
- Issue Price Rs 51/- Per Equity Share
- Face Value Rs 10/- Per Equity Share
- Issue Price Fresh issue of 42,30,000 Equity Shares of Rs 10/- at a price of Rs 51/- per share aggregating to Rs 21.57 Cr
- Listing at NSE SME
- Lead Manager Pantomath Capital Advisor Private Limited
- Registrar Link Intime India Private Limited
IPO Details
- Retail Portion N/A
IPO Details
Mangalam Global Enterprise Limited IPO is an SME IPO, priced at Rs 51/- Per Equity Share . The equity shares have a face value of Rs 10/- Per Equity Share each and will be listed on the NSE SME platform.
The IPO bidding window is open from Nov 15, 2019 to Nov 20, 2019. The allotment is expected to be finalized on Nov 26, 2019, and the tentative listing date is Nov 27, 2019.
The registrar of the IPO is Link Intime India Private Limited, and
IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 20,08,000 | 20,10,000 | 40,18,000 |
Day 1 - 15-11-19 | 23,62,000 1.18 x | 1,68,000 0.08 x | 25,30,000 0.63 x |
Day 2 - 18-11-19 | 32,78,000 1.63 x | 2,32,000 0.12 x | 35,10,000 0.87 x |
Day 3 - 19-11-19 | 32,98,000 1.64 x | 4,30,000 0.21 x | 37,28,000 0.93 x |
Day 3 - 20-11-19 | 41,94,000 2.09 x | 9,52,000 0.47 x | 51,46,000 1.28 x |
Valuations
IPO - Issue Objectives
Funding the working capital requirements of our Company ( Rs 17 Cr )
General Corporate Purpose ( Rs 4.10 Cr )
IPO - Peers Comparison
| P/B Ratio | P/E Ratio | RoNW | Revenue(in Cr.) | |
|---|---|---|---|---|
| Sona Hi Sona Jwellers (Gujarat) Limited | 1.18 | 43.19 | 3.98% | 67.18 |
| Ashapuri Gold Ornament Limited | 0.79 | 102.34 | 1.10% | 88.20 |
| Palm Jewels Limited | 0.72 | 111.50 | 1.83% | 41.91 |
| Shubhlaxmi Jewel Art Limited | 10.79 | 135.62 | 14.85% | 51.51 |
| D.P. Abhushan Limited | 1.88 | 8.44 | 19.83% | 812.13 |
| Moksh Ornaments Limited | 0.84 | 5.37 | 15.16% | 381.47 |
IPO - FAQs
Ans. Mangalam Global Enterprise Limited IPO is a SME IPO. The issue is priced at Rs 51/- Per Equity Share . The minimum order quantity is 2000 Shares. The IPO opens on Nov 15, 2019, and closes on Nov 20, 2019. Link Intime India Private Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Mangalam Global Enterprise Limited IPO opens on Nov 15, 2019 and closes on Nov 20, 2019.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Mangalam Global Enterprise Limited IPO is Fresh issue of 42,30,000 Equity Shares of Rs 10/- at a price of Rs 51/- per share aggregating to Rs 21.57 Cr.
Ans. The Mangalam Global Enterprise Limited IPO price band is set between Rs 51/- Per Equity Share .
Ans. To apply for Mangalam Global Enterprise Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Mangalam Global Enterprise Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Mangalam Global Enterprise Limited IPO is Nov 26, 2019.
Ans. The Mangalam Global Enterprise Limited IPO will be listed on Nov 27, 2019.
Ans. Follow the steps to check the Mangalam Global Enterprise Limited IPO allotment status online.
