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Mangalam Alloys Ltd IPO
NSE SME Fixed Price IPO Fresh Capital-cum-Offer for Sale Closed Live Chart
GMP +₹0 +0% Est. Listing ₹80
Issue Price
₹80
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹80
GMP based
Lot Size
1,600
shares / lot
Min Amount
₹128,000
1 lot · 1,600 shares
Live Price
tap to chart
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
21 Sep 2023
Thu Completed
Done
Close Date
25 Sep 2023
Mon Completed
Done
Allotment
02 Sep 2023
Sat Completed
Done
Refund
02 Oct 2023
Mon Completed
Done
Demat Credit
03 Oct 2023
Tue Completed
Done
Listing Date
04 Oct 2023
Wed Completed
UPI Deadline: 25 Sep 2023
Issue Details
Pricing & Size
Issue Price
₹80 Face ₹10
Lot Size
1,600 shares
Min Investment
₹128,000
Total Issue Size
68,64,000 shares (aggregating up to ₹54.91 Cr)
IPO Information
Issue Type
Fixed Price IPO
Sale Type
Fresh Capital-cum-Offer for Sale
Listing Exchange
NSE SME
Script / Ticker
-
Allocation Breakdown
Market Maker
3,44,000 (5.01%)
QIB Portion
-
NII / HNI
32,59,200 (47.48%)
Retail
32,60,800 (47.51%)
Employee
-
Net Offer to Public
65,20,000 shares (aggregating up to ₹52.16 Cr)
Shareholding Pattern
Pre-Issue Shareholding
1,85,59,527 shares
Post-Issue Shareholding
2,46,85,927 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 1,600 ₹1,28,000
HNI / NII 2 3,200 ₹2,56,000
Objects of Issue
3 objectives
1
Working capital requirement;
27 Cr
2
Capital Expenditure for business expansion and research and Development;
5.33 Cr
3
General Corporate Purposes; and
12.25 Cr
Lead Managers & Market Maker
Book Running Lead Managers
Expert Global Consultants Pvt.Ltd
Market Maker
Rikhav Securities Ltd.
IPO Timeline
Open
21 Sep
✓ Done
Close
25 Sep
✓ Done
Allotment
02 Sep
✓ Done
Listing
04 Oct
✓ Done
Registrar Details
Skyline Financial Services Pvt.Ltd.
SEBI Registered Registrar & Transfer Agent
Phone
02228511022
Email
ipo@skylinerta.com
Company Contact
Email
cs@mangalamalloys.com
Phone
+91-2764 232064
Address
Plot No. 3123-3126, GIDC Phase III, Chhatral, Gandhinagar, Gujarat, 382729
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹80
Est. Listing
₹80
Lot Size
1,600 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
Mangalam Alloys Ltd LIVE
INR ·
vs Issue
Open
High
Low
Mkt Cap
P/E
52W H
52W L
Vol
Div
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| Price
Market Reference
IPO Issue Price
₹80
GMP
+₹0 (+0%)
GMP Est. Listing
₹80
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
NII / HNI (Total) 32,59,200 (47.48%) ₹2,607.36 Cr
Retail Investors 32,60,800 (47.51%) ₹2,608.64 Cr
Total ** 68,64,000 (100.00%) ₹54,912.00 Cr
Market Maker * 3,44,000 (5.01%) ₹27.52 Cr
* Based on ₹80.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
NII
32,59,200 (47.48%)
Retail
32,60,800 (47.51%)
Market Maker
3,44,000 (5.01%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in ₹ Lakhs
Metric31 Mar 202331 Mar 202231 Mar 2021
Revenue30817.9230973.9427190.68
PAT1013.52505.08-653.69
EBITDA
Net Worth7903.116895.356390.37
Total Assets33201.8130066.9631210.81
Reserves6047.165039.404534.42
Borrowings15353.2716361.8116769.66
Key Financial Ratios
12.82
ROE
Return on Equity
20.92
ROCE
Return on Capital Employed
13.70%
RONW
Return on Net Worth
1.94
D/E Ratio
Debt to Equity
5.46
Pre EPS
EPS Pre-Issue
14.65
Pre P/E
P/E Pre-Issue
19.46
Post P/E
P/E Post-Issue
About Mangalam Alloys Ltd

Incorporated in 1988, Mangalam Alloys Limited is a manufacturer of stainless-steel-based products.

The company manufactures SS Ingots, SS Black Bar, SS RCS, SS Bright Round Bar, Bright Hex Bar, Bright Square Bar, Angle, Patti, Forgings, and Fasteners in more than 30 international grades and in the size range from 3 mm to 400 mm.

Mangalam Alloys manufactures stainless steel ingots through three furnaces by melting stainless steel scrap, rolling ingots to stainless steel rounds & flats followed by a heat treatment annealing furnace and bright bar unit. Its manufacturing unit spread across 40,000 sq. meters of land, has an installed capacity of 25,000 TPA (Melting Capacity).

The company recorded Rs. 30,292.25 Lacs, Rs. 30,936.90 Lacs, and Rs. 27,125.88 Lacs in revenue from operation in fiscal 2023, 2022, and 2021 respectively.

Frequently Asked Questions
What is the issue price of Mangalam Alloys Ltd IPO?
The issue price of Mangalam Alloys Ltd IPO is ₹80 per share, face value ₹10.
What is the lot size?
Minimum lot size is 1,600 shares, requiring ₹128,000.
What are the IPO dates?
Opens 21 Sep 2023, closes 25 Sep 2023.
When is the listing date?
Tentative listing: 04 Oct 2023 on NSE SME.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹80 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Mangalam Alloys Ltd IPO · Expected 02 Sep 2023

Check on Registrar
Post-IPO Timeline
Allotment Date
02 Sep 2023
Refund Initiation
02 Oct 2023
Demat Credit
03 Oct 2023
Listing Date
04 Oct 2023
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹80
Face ₹10
Lot Size
1,600
shares / lot
Min Amount
₹128,000
1 lot
Est. Listing
₹80
GMP +₹0
Key Dates
Open
21 Sep Done
Close
25 Sep Done
Listing
04 Oct Done
Registrar
Skyline Financial Services Pvt.Ltd.
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