Mangalam Alloys IPO Date, GMP, Review, Price, Form & Market Lot Details

The Mangalam Alloys IPO has begun on 21-September-2023. It will close on 25-September-2023. The Total IPO Size is 54.91 Crores. The company set its IPO price is 80 Rs Per Share. Basically, There are two basic categories in Mangalam Alloys IPO Subscription 1) others 2) Retail Individual Investors (RIIs)

Mangalam Alloys is established in 1988.

Mangalam Alloys is astainless steel unit manufacturing SS Ingots, Round Bar, RCS, Bright bar, different sections/profiles like square, hex, angle, patti, etc, forging and making fasteners

The Company is having integrated stainless steel manufacturing unit covering 40,000 sq. meters land with an installed capacity of 25,000 TPA with a revenue of Rs. 30292.25 Lakhs in the financial year ending on 31 March 2023. Having situated in Ahmedabad, Gujarat, the fastest growing city of India and the third in the world, the location of the Company is one of the primary factors of its growth.

Check :- Upcoming SME IPO 2023

Mangalam Alloys IPO Promotors

Mr. Uttamchand Chandanmal Mehta and Mr. Tushar Uttamchand Mehta are the promoters of the company.

Mangalam Alloys IPO Date, Details & Price Band

IPO Opening Dates 21 September 2023
IPO Closing Dates 25 September 2023
Price Band 80 Rs
Fresh issue 49.01 Crore
OFS issue 5.90 Crore
Total IPO size 54.91 Crore
Minimum bid (lot size) 1600 Shares
Face Value 10 INR Per Share
Listing On NSE SME

Mangalam Alloys IPO Market Lot

The Mangalam Alloys IPO minimum market lot is 1600 shares With 128,000 ₹ Amount per application.

Lot No of Shares Amount
Minimum 1 1600 128,000 Rs
Maximum 1 1600 128,000 Rs
S-HNI (Min) 2 3200 256,000 Rs

Restated Financial Record of the three year (Amt. in Lakhs)

Total Assets Total Revenue Profit After Tax Basic & Diluted EPS
31-Mar-21 31,210.81 27,190.68 -653.69 (3.52)
31-Mar-22 30,066.96 30,973.94 505.08 2.72
31-Mar-23 33,201.81 30,817.92 1,013.52 5.46

Mangalam Alloys IPO GMP Grey Market Premium

Mangalam Alloys IPO GMP Grey market premium has been started today. Check Latest Mangalam Alloys IPO GMP Grey market premium, Kostak Rates and Subject to Sauda Price here.

Mangalam Alloys IPO Prospectus

Mangalam Alloys IPO
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Mangalam Alloys IPO Reviews

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Mangalam Alloys IPO Form Download

Mangalam Alloys IPO is available on NSE Website as well as on our Portal. Please click here Mangalam Alloys IPO form Download.

Mangalam Alloys IPO Allotment Date & Details (Tentative)

Allotment Date 29 September 2023
Initiation of refunds 03 October 2023
Transfer of shares to Demat accounts 04 October 2023
Listing Date 05 October 2023
Check Allotment Status Click here

Registrar of Mangalam Alloys IPO

Skyline Financial Services Private Limited
A/506, Dattani Plaza, Andheri Kurla Road, Safeed Pool,
Andheri East, Mumbai – 400 072, Maharashtra, India
Telephone: +91 22 2851 1022; Facsimile: +91 22 2851 1022
Email: [email protected]
Investor Grievance Email: [email protected]
Contact Person: Mr. Anuj Rana
SEBI Registration Number: INR000003241
CIN: U74899DL1995PTC071324

Mangalam Alloys Contact Details

Mangalam Alloys Limited
Plot No. 3123-3126,
Chhatral Dist. Gandhinagar – 382729
Phone: +91-2764 232064
Email: [email protected]

Mangalam Alloys IPO Lead Managers

Expert Global Consultants Private Limited
1511, RG Trade Tower Netaji Subhash Place, Pitampura, New Delhi – 110034, India
Telephone: +91 11 4509 8234
Email: [email protected]
Investor Grievance Email: [email protected]
Contact Person: Mr. Gaurav Jain
SEBI registration number: INM000012874
CIN: U74110DL2010PTC205995

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