Home IPO Mangalam Alloys IPO Date, Review, Price, Allotment Details

Mangalam Alloys IPO Date, Review, Price, Allotment Details

Mangalam Alloys IPO Date, Review, Price, Allotment Details

Mangalam Alloys has a novel built-in stainless-steel, particular metal & upper alloys metal melting, and additional processing unit i.e. as much as shiny bar fasteners. The Company is a stainless-steel unit production SS Ingots, Round Bar, RCS, Bright bar, other sections/ profiles like sq., hex, attitude, patti, and many others., Forging and making fasteners. The Company has having built-in stainless-steel production unit protecting 40,000 sq. meters of land with an put in capability of 25,000 TPA (Melting Capacity) with a turnover of Rs. 30,292.25 Lakhs within the monetary yr finishing on 31 March 2023. Having located in Ahmedabad, Gujarat, the fastest-growing town in India and the 3rd on this planet, the positioning of the Company is among the number one elements of its enlargement.

For greater than 3 a long time, Mangalam Alloys has demonstrated an unwavering dedication to efficiency in conjunction with integrity. In years, the Company has expanded into new companies and new areas construction a colossal document of sustained enlargement. As just about 200 manpower are running within the Company, Their Company has given best precedence to them. Having been high quality quality-driven group, the Company believes in keeping up the precise setting for his or her staff leading to fine quality merchandise. The vital issue for the Company‘s running coverage is its core worth of innovation, intelligence, inspiration, and integrity.

The corporate manufactures stainless-steel ingots via 3 furnaces via melting stainless-steel scrap, and rolling ingots to stainless-steel rounds & residences adopted via a warmth remedy annealing furnace and a shiny bar unit. The corporate established 2d Furnace, Total Quality Management, and third Furance within the years 2004 and 2012 respectively. We have established a 20-inch rolling mill, 12-inch rolling mill, and 17-inch rolling Mill within the years 2017 and 2018 respectively.

Objects of the Issue:

  • Working capital necessities
  • Capital Expenditure for industry growth and analysis and Development;
  • General Corporate Purposes
  • To meet factor bills

Mangalam Alloys IPO Review

Mangalam Alloys IPO Date & Price Band Details

IPO Open: September 21, 2023
IPO Close: September 25, 2023
IPO Size: Approx ₹54.91 Crores, 6,864,000 Equity Shares
Face Value: ₹10 Per Equity Share
IPO Price Band: ₹80 Per Equity Share
IPO Listing on: NSE SME
Retail Quota: 50% of the online be offering
QIB Quota: [.]% of the online be offering
NII Quota: 50% of the online be offering
DRHP Draft Prospectus: Click Here
RHP Draft Prospectus: Click Here
Anchor Investors in IPO: Click Here

Mangalam Alloys IPO Market Lot

The Mangalam Alloys IPO minimal marketplace lot is 1600 stocks with a ₹128,200 utility quantity.

Application Lot Size Shares Amount
Retail Minimum 1 1600 ₹128,000
Retail Maximum 1 1600 ₹128,000
S-HNI Minimum 2 3200 ₹256,000

Mangalam Alloys IPO Dates

The Mangalam Alloys IPO date is September 21 and the IPO shut date is September 25. The IPO allotment date is September 28 and the IPO would possibly listing on October 4.

IPO Open Date: September 21, 2023
IPO Close Date: September 25, 2023
Basis of Allotment: September 28, 2023
Refunds: September 29, 2023
Credit to Demat Account: October 3, 2023
IPO Listing Date: October 4, 2023

You can take a look at IPO subscription standing and IPO allotment standing on their respective pages.

Mangalam Alloys IPO Form

How to use Mangalam Alloys IPO? You can observe Mangalam Alloys IPO by the use of ASBA to be had to your checking account. Just move to the web financial institution login and observe by the use of your checking account via deciding on the Mangalam Alloys IPO within the Invest phase. The different possibility you’ll observe Mangalam Alloys IPO by the use of IPO bureaucracy obtain by the use of the NSE site. Check out the Mangalam Alloys bureaucracy – click on NSE IPO Forms obtain, fill and publish to your financial institution or along with your dealer.

Mangalam Alloys Company Financial Report

₹ in Crores
Year Revenue Expense PAT
2021 ₹271.91 ₹280.97 6.54
2022 ₹309.74 ₹303.64 ₹5.05
2023 ₹308.18 ₹295.16 ₹10.14

Mangalam Alloys IPO Valuation – FY2023

Check Mangalam Alloys IPO valuations element like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) main points.

Earning Per Share (EPS): ₹5.46 in step with Equity Share
Price/Earning P/E Ratio: NA
Return on Net Worth (RoNW): 13.70%
Net Asset Value (NAV): ₹42.58 in step with Equity Share

Peer Group

  • Ratnamani Metal & Tubes Ltd
  • Arfin India Ltd
  • Panchmahal Steel Ltd
  • India Steel Works Limited
  • Mr. Uttamchand Chandanmal Meht
  • Mr. Tushar Uttamchand Mehta

Mangalam Alloys IPO Registrar

Skyline Financial Services Private Ltd
Phone: 02228511022
Email: [email protected]
Website: https://www.skylinerta.com/ipo.php

Mangalam Alloys IPO Allotment Status

Check Mangalam Alloys IPO allotment standing on Skyline Financial site URL. Click Here

Mangalam Alloys IPO Lead Managers aka Merchant Bankers

  • Expert Global Consultants Private Limited

Company Address

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 FAQs

What is Mangalam Alloys IPO?

Mangalam Alloys IPO is an NSE SME IPO. They are going to elevate ₹54.91 Crores by the use of IPO. The factor is priced at ₹80 in step with fairness percentage. The IPO is to be indexed on NSE.

When Mangalam Alloys IPO will open?

The IPO is to open on September 21, 2023 for QIB, NII, and Retail Investors.

What is Mangalam Alloys IPO Investors Portion?

The traders’ portion for QIB is [.], NII is 50%, and Retail is 50%.

How to Apply the Mangalam Alloys IPO?

You can observe Mangalam Alloys IPO by the use of ASBA on-line by the use of your checking account. You too can observe for ASBA on-line by the use of UPI via your inventory agents. You too can observe by the use of your inventory agents via filling up the offline shape.

How to Apply the Mangalam Alloys IPO via Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Mangalam Alloys”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now move on your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Mangalam Alloys IPO via Upstox?

Log in to Upstox Application along with your credentials. Select the IPO. You will see the IPO Name “Mangalam Alloys”. Click on Bid Button. Confirm your utility. Now move on your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Mangalam Alloys IPO via Paytm Money?

Log in to Paytm Money Application along with your credentials. Select the IPO. You will see the IPO Name “Mangalam Alloys”. Click on Bid Button. Confirm your utility. Now move on your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Mangalam Alloys IPO Size?

Mangalam Alloys IPO dimension is ₹54.91 crores.

What is Mangalam Alloys IPO Price Band?

Mangalam Alloys IPO Price Band is ₹80 in step with fairness percentage.

What is Mangalam Alloys IPO Minimum and Maximum Lot Size?

The IPO bid is 1600 stocks with ₹128,000.

What is Mangalam Alloys IPO Allotment Date?

Mangalam Alloys IPO allotment date is September 28, 2023.

What is Mangalam Alloys IPO Listing Date?

Mangalam Alloys IPO list date is October 4, 2023. The IPO to listing on NSE SME.

Note: The Mangalam Alloys IPO main points are introduced formally. The IPO gray marketplace top class (Mangalam Alloys IPO Premium) is up to date at the respective web page. You can take a look at our IPO gray marketplace web page for day-to-day updates.)

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– Source : IPOWATCH

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