Mangalam Worldwide Limited IPO
NSE SME₹121,200 / 1200 Shares
Mangalam Worldwide Limited IPO Details
The Mangalam Worldwide Limited IPO price band is set between ₹101 per equity share, with a face value of ₹10 per share. The issue is managed by Link Intime India Private Ltd, and the equity shares are proposed to be listed on the NSE SME.
The IPO date for subscription opens on 30 Jun, 2022 and closes on 4 Jul, 2022. Investors can check the allotment status on 8 Jul, 2022, while the listing date is tentatively scheduled for 11 Jul, 2022.
The total issue size is 6,493,200 shares of ₹10, aggregating up to ₹65.58 Cr. Stay tuned for the latest Mangalam Worldwide Limited IPO review and GMP updates.
Mangalam Worldwide Limited IPO Review, Rating & Analysis
Mangalam Worldwide Limited IPO Review
NO REVIEWMangalam Worldwide Limited IPO Rating
Mangalam Worldwide Limited IPO Highlights
IPO Date
Jun 30, 2022 - Jul 4, 2022
Listing Date
11 Jul, 2022
Face Value
₹10 Per Equity Share
Price Band
₹101 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
NSE SME
Mangalam Worldwide Limited IPO Lot Size
The minimum market lot for Mangalam Worldwide Limited IPO is 1200 shares with an application amount of ₹1,21,200. Retail investors can apply for up to 1 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1200 | ₹1,21,200 |
| Retail (Max) | 1 | 1200 | ₹1,21,200 |
| S-HNI (Min) | 2 | 2400 | ₹2,42,400 |
| S-HNI (Max) | 8 | 9600 | ₹9,69,600 |
| B-HNI (Min) | 9 | 10800 | ₹10,90,800 |
Mangalam Worldwide Limited IPO Timeline
Issue Price
₹101 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Link Intime India Private LtdLead Manager
Beeline Broking LtdIssue Size
6,493,200 shares of ₹10(aggregating up to ₹65.58 Cr)Mangalam Worldwide Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 22 | 122.65 | 533.47 | 12.30 | - | - | - |
| 31 Mar 21 | 47.40 | 303.32 | 2.65 | - | - | - |
All values are in ₹ Cr.
Promoters & Share Holding
Promoter(s) Name
- Mr. Vipin Prakash Mangal
- Mr. Chanakya Prakash Mangal
- Mr. Chandragupt Prakash Mangal
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 87.04% | 63.97% |
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.
Mangalam Worldwide Limited IPO Subscription 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 |
Frequently Asked Questions about Mangalam Worldwide Limited IPO IPO
When will Mangalam Worldwide Limited IPO open for subscription?
The Mangalam Worldwide Limited IPO opens on 30 Jun, 2022 and closes on 4 Jul, 2022.
What is the investors portion for Mangalam Worldwide Limited IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 3084000.
How to apply for Mangalam Worldwide Limited IPO?
You can apply for Mangalam Worldwide Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Mangalam Worldwide Limited IPO?
The issue size of Mangalam Worldwide Limited IPO is approx ₹6,493,200 shares of ₹10(aggregating up to ₹65.58 Cr) crores.
What is the price band of Mangalam Worldwide Limited IPO?
The price band for Mangalam Worldwide Limited IPO is ₹101 per equity share to ₹undefined.
What is the lot size of Mangalam Worldwide Limited IPO?
The minimum bid (lot size) for Mangalam Worldwide Limited IPO is N/A shares with an investment of approx ₹121,200 .
What is the allotment date of Mangalam Worldwide Limited IPO?
The allotment date for Mangalam Worldwide Limited IPO is 8 Jul, 2022.
What is the listing date of Mangalam Worldwide Limited IPO?
The listing date for Mangalam Worldwide Limited IPO is expected to be 11 Jul, 2022.
What is the GMP of Mangalam Worldwide Limited IPO?
The latest Grey Market Premium (GMP) for Mangalam Worldwide Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.