Mangalam Worldwide Limited IPO

NSE SME

Listed On: Jul 11, 2022 at ₹ 102.0

₹ 121200 /1200 Shares

Check Allotment

IPO Details

30 Jun, 2022

Open Date

04 Jul, 2022

Close Date

08 Jul, 2022

Allotment Date

11 Jul, 2022

Listing Date

Issue Price

₹101 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Link Intime India Private Ltd

List Price

102.0

Listing Date

2022-07-11

Market Lot

1200 Shares (₹121,200/-)

Lead Manager

Beeline Broking Ltd

Issue Size

6,493,200 shares of ₹10(aggregating up to ₹65.58 Cr)

Retail Portion

N/A

Subscription

1.33 times

IPO Docs

DRHP RHP

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

Valuations

Earnings Per Share (EPS)

₹9.20/-

P/E Ratio

10.98

RoNW

27.06%

Net Asset Value (NAV) - Post Issue

₹25.25/-

Company Financials All values are in ₹ Cr.

	31-Mar-22	31-Mar-21
Assets	122.65	47.40
Revenue	533.47	303.32
Profit After Tax	12.30	2.65

About The 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.

- Promoter(s)

Pre Issue Share Holding: 87.04%

Post Issue Share Holding: 63.97%

Company Promoter(s)

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

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. The size of Mangalam Worldwide Limited IPO is 6,493,200 shares of ₹10(aggregating up to ₹65.58 Cr).

Ans. The IPO price band is set between ₹101 per equity share.

Ans. To apply for Mangalam Worldwide Limited IPO 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 allotment status for Mangalam Worldwide Limited IPO here.