Mangalam Worldwide IPO Details, Price, Dates, GMP, Lot Size

Mangalam Worldwide IPO

Mangalam Worldwide IPO Details:

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

Mangalam Worldwide  IPO Gray Market Price (GMP) 




Please enter your comment!
Please enter your name here