Mangalam Worldwide Limited IPO
NSE SMEListed On: Jul 11, 2022 at ₹ 102.0
₹ 242400 /2400 Shares
*Min Investment
30 Jun, 2022
Open Date04 Jul, 2022
Close Date08 Jul, 2022
Allotment Date11 Jul, 2022
Listing DateIPO Issue Details
- Issue Price ₹101 per equity share
- Face Value ₹10 Per Equity Share
- Issue Price 6,493,200 shares of ₹10(aggregating up to ₹65.58 Cr)
- Listing at NSE SME
- List Price 102.0
- Listing Date 2022-07-11
- Lead Manager Beeline Broking Ltd
- Registrar Link Intime India Private Ltd
IPO Details
- Retail Portion N/A
IPO Details
Mangalam Worldwide Limited IPO is an SME IPO, priced at ₹101 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform.
The IPO bidding window is open from Jun 30, 2022 to Jul 4, 2022. The allotment is expected to be finalized on Jul 8, 2022, and the tentative listing date is Jul 11, 2022.
The registrar of the IPO is Link Intime India Private Ltd, and
IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 3,084,000 | 3,084,000 | 6,168,000 |
Day 1 30-06-22 06:00 PM | 0.44 x | 0.05 x | 0.25 x |
Day 2 01-07-22 06:00 PM | 1.28 x | 0.13 x | 0.70 x |
Day 3 04-07-22 06:00 PM | 2.20 x | 0.46 x | 1.33 x |
Valuations
Company Financials
| 31-Mar-22 | 31-Mar-21 | |
|---|---|---|
| Assets | 122.65 | 47.40 |
| Revenue | 533.47 | 303.32 |
| Profit After Tax | 12.30 | 2.65 |
About Company
Incorporated in 1995, Mangalam Worldwide Limited is engaged in the manufacturing of stainless steel (SS). The company manufactures Stainless Steel (SS) Billets and SS Flat Bars. The company is also engaged in the trading of steel - scrap, ferro alloys, etc.Mangalam Worldwide has two Plants, located at Halol (Unit I) and Changodar (Unit II). Unit I has an installed manufacturing capacity of 66000 MT/p.a. of Stainless Steel (SS) Billets and Unit II is having installed rolling capacity of 90,000 MT/p.a. of SS Flat bars.The company's customers have spread across states Rajasthan, Gujarat, Maharashtra and Uttarpradesh in different industry segments like food and dairy equipment, Utensils, oil and gas, aerospace and medical devices among others. Managalam Worldwide is also exporting the products to Brazil.
Read More- Promoter(s)
Mr. Vipin Prakash Mangal
Mr. Chanakya Prakash Mangal
Mr. Chandragupt Prakash Mangal
Pre Issue Share Holding : 87.04%
Post Issue Share Holding : 63.97%
IPO - Issue Objectives
To Meet Working Capital Requirements.
General Corporate Purpose.
To meet Public Issue Expenses.
IPO - FAQs
Ans. Mangalam Worldwide Limited IPO is a SME IPO. The issue is priced at ₹101 per equity share. The minimum order quantity is 1200 Shares. The IPO opens on Jun 30, 2022, and closes on Jul 4, 2022. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Mangalam Worldwide Limited IPO opens on Jun 30, 2022 and closes on Jul 4, 2022.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Mangalam Worldwide Limited IPO is 6,493,200 shares of ₹10(aggregating up to ₹65.58 Cr).
Ans. The Mangalam Worldwide Limited IPO price band is set between ₹101 per equity share.
Ans. To apply for Mangalam Worldwide Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Mangalam Worldwide 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 Worldwide Limited IPO is Jul 8, 2022.
Ans. The Mangalam Worldwide Limited IPO will be listed on Jul 11, 2022.
Ans. Follow the steps to check the Mangalam Worldwide Limited IPO allotment status online.
