Mangalam Worldwide IPO Details:
Contents
- 1 When is Mangalam Worldwide IPO Launching?
- 2 Mangalam Worldwide IPO Details
- 3 Mangalam Worldwide IPO Tentative Timetable
- 4 Mangalam Worldwide IPO Lot Size
- 5 Mangalam Worldwide IPO Promoter Holding
- 6 Mangalam Worldwide Board of Directors
- 7 Mangalam Worldwide Company Financials
- 8 About Mangalam Worldwide
- 9 Company Contact Information
- 10 Mangalam Worldwide IPO Gray Market Price (GMP)
When is Mangalam Worldwide IPO Launching?
Mangalam Worldwide IPO opens on Jun 30, 2022, and closes on Jul 4, 2022. The Mangalam Worldwide IPO bid date is from Jun 30, 2022, 10.00 A.M. to Jul 4, 2022, 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 12 P.M. on the following day of issue shutting day.
Mangalam Worldwide IPO Details
| Mangalam Worldwide IPO Date | Jun 30, 2022 to Jul 4, 2022 |
| Mangalam Worldwide IPO Face Value | ₹10 per share |
| Mangalam Worldwide IPO Price | ₹101 per share |
| Mangalam Worldwide IPO Lot Size | 1200 Shares |
| Issue Size | 6,493,200 shares of ₹10 (aggregating up to ₹65.58 Cr) |
| Fresh Issue | 6,493,200 shares of ₹10 (aggregating up to ₹65.58 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Retail Shares Offered | 50% of the net offer |
| NII (HNI) Shares Offered | 50% of the net offer |
| Company Promoters | Mr. Vipin Prakash Mangal, Mr. Chanakya Prakash Mangal and Mr. Chandragupt Prakash Mangal are the company promoters. |
Mangalam Worldwide IPO Tentative Timetable
| Event | Date |
| Mangalam Worldwide IPO Opening Date | Jun 30, 2022 |
| Mangalam Worldwide IPO Closing Date | Jul 4, 2022 |
| Basis of Allotment | Jul 7, 2022 |
| Initiation of Refunds | Jul 8, 2022 |
| The credit of Shares to Demat | Jul 11, 2022 |
| Mangalam Worldwide IPO Listing Date | Jul 12, 2022 |
Mangalam Worldwide IPO Lot Size
The Mangalam Worldwide IPO lot size is 1200 shares. A retail-individual investor can apply for up to 1 lot (1200 shares or ₹121,200).
| Application | Lots | Shares | Amount |
| Minimum | 1 | 1200 | ₹121,200 |
| Maximum | 1 | 1200 | ₹121,200 |
Mangalam Worldwide IPO Promoter Holding
| Pre Issue Share Holding | 87.04% |
| Post Issue Share Holding | 63.97% |
Mangalam Worldwide Board of Directors
| Name | Designation | |
| Anilkumar Shyamlal Agrawal | Independent Director | |
| Chanakya Prakash Mangal | Managing Director | |
| Chandragupt Prakash Mangal | Managing Director | |
| Fageshkumar Rameshbhai Soni | Co. Secretary & Compl. Officer | |
| Mohit Kailash Agrawal | Chief Financial Officer | |
| Pritu Gupta | Independent Director | |
| Sarika Modi | Non Executive Director | |
| Vipin Prakash Mangal | Chairman |
Mangalam Worldwide Company Financials
| Mangalam Worldwide Limited Financial Information (Restated) | |||
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
| 31-Mar-21 | 4740.15 | 30332.31 | 265.47 |
| 31-Mar-22 | 12265.02 | 53347.96 | 1230.98 |
| Amount in ₹ Lakhs | |||
About Mangalam Worldwide
Established in 1995, Mangalam Worldwide Limited participated in the assembling of stainless steel (SS). The organization makes Stainless Steel (SS) Billets and SS Flat Bars. The organization additionally participated in the trading of steel – scrap, ferroalloys, etc.
Mangalam Worldwide has two Plants, situated at Halol (Unit I) and Changodar (Unit II). Unit I has an installed manufacturing limit of 66000 MT/p.a. of Stainless Steel (SS) Billets and Unit II is having installed rolling limit of 90,000 MT/p.a. of SS Flat bars.
The organization’s clients have spread across the states of Rajasthan, Gujarat, Maharashtra, and Uttarpradesh in various industry segments like food and dairy equipment, Utensils, oil and gas, aerospace, and medical devices among others. Mangalam Worldwide is additionally sending out the items to Brazil.
Company Contact Information
Mangalam Worldwide Limited
102, Mangalam Corporate House,
42, Shrimali Society, Netaji Marg,
Mithakhali, Navrangpura Ahmedabad, 380009
Phone: 79 6161 5000
Email: cs.mwpl@groupmangalam.com
Website: https://www.mangalamsaarloh.com/
Mangalam Worldwide IPO Gray Market Price (GMP)
Rs.0
