Mangalam Global Enterprise Limited IPO

NSE SME

Offer Date: Nov 15, 2019 - Nov 20, 2019

₹ 102000 /2000 Shares

IPO Details

15 Nov, 2019

Open Date

20 Nov, 2019

Close Date

26 Nov, 2019

Allotment Date

27 Nov, 2019

Listing Date

Issue Price

Rs 51/- Per Equity Share

Face Value

Rs 10/- Per Equity Share

Listing at Group

NSE SME

Registrar

Link Intime India Private Limited

Market Lot

2000 Equity Shares (Rs 1,02,000/-)

Lead Manager

Pantomath Capital Advisor Private Limited

Issue Size

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

Retail Portion

N/A

Subscription

51,46,000 1.28 times

IPO Docs

No related IPO documents available.

IPO Subscription 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

Earnings Per Share (EPS)

Rs 1.42/-

P/E Ratio

RoNW

3.98%

Net Asset Value (post issue)

Rs 8.50/-

Company Financials All values are in ₹ Cr.

- Peers Comparison

	P/B Ratio	P/E Ratio	RoNW	Net Worth
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

- Promoter(s)

Company Promoter(s)

Mr. Vipin Prakash Mangal
Mr. Chanakya Prakash Mangal
Mr. Chandragupt Prakash Mangal

IPO - Issue Objectives

Funding the working capital requirements of our Company ( Rs 17 Cr )
General Corporate Purpose ( Rs 4.10 Cr )

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. 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 IPO price band is set between Rs 51/- Per Equity Share .

Ans. To apply for Mangalam Global Enterprise Limited IPO 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 allotment status for Mangalam Global Enterprise Limited IPO here.