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
| DRHP | Download |
| RHP | Download |
Mangalam Alloys IPO Reviews
Angel Broking – Update Soon
Choice Broking – Update Soon
Prabhudas Lilladher – Update Soon
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
Website: https://www.skylinerta.com/
SEBI Registration Number: INR000003241
CIN: U74899DL1995PTC071324
Mangalam Alloys Contact Details
Mangalam Alloys Limited
Plot No. 3123-3126,
GIDC Phase III,
Chhatral Dist. Gandhinagar – 382729
Phone: +91-2764 232064
Email: [email protected]
Website: https://www.mangalamalloys.com/
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]
Website: www.expertglobal.in
Investor Grievance Email: [email protected]
Contact Person: Mr. Gaurav Jain
SEBI registration number: INM000012874
CIN: U74110DL2010PTC205995