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Mangalam Worldwide IPO Details

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Mangalam Worldwide IPO subscription is to open on 30 June 2022 and will close on 04 July 2022, the price band of the Mangalam Worldwide IPO is fixed at ₹ 101. Mangalam Worldwide is one of the largest luxury and premium watch retail players in India. Check the Mangalam Worldwide Subscription Status & Allotment Status.

About Mangalam Worldwide

Mangalam Worldwide is mainly engaged in manufacturing Stainless Steel (SS) Billets and rolling SS Flat Bars with a fully integrated infrastructure consisting of steel melting shops, rolling mills, and finishing machines at the plants located at Halol (Unit-I) and Changodar (Unit-II), Gujarat. The company also does the manufacturing of Stainless Steel (SS) Billets on a job-work basis. To cater to the demand of customers for SS Round bars and SS Bright bars, Mangalam Worldwide gets manufacturing such products on a job-work basis from third-party manufacturers. The company is also engaged in the trading of steel – scrap, ferroalloys, etc.

Objects of the Issue

  • To Meet Working Capital Requirements
  • General Corporate Purpose
  • To meet Public Issue Expenses

Mangalam Worldwide Limited Financials:

Summary of financial Information (Restated Consolidated Statement)

Particulars For the year ended (₹ in lakh)
  31-Mar-22 31-Mar-21
Total Assets 12,265.02 4,740.15
Total income 53,347.96 30,332.31
Total Expenses 51,495.05 29,974.97
Profit After Tax 1,230.98 265.47

Mangalam IPO Price – Details

DescriptionDetails
Public IssueInitial Public Issue of upto 64,93,200 Equity Shares of ₹ 10 (aggregating up to ₹ 6,558.13 lakhs)
Issue Open  Date30-Jun-22
Issue Close Date04-Jul-22
Issue TypeFixed Price
IPO Price Band₹ 101
Face Value ₹ 10
Market Lot 1200 Equity Shares and in multiples thereof
Minimum Order Quantity 1200 Equity Shares
Maximum Subscription Amount for Retail InvestorRs. 2,00,000
Listing NSE SME
NSE SymbolMWL
IPO Market Timings 10.00 a.m. to 5.00 p.m.

Mangalam IPO DRHP & RHP

Mangalam Worldwide IPO DRHP
Mangalam Worldwide IPO RHP

Mangalam IPO Lot Size

ApplicationLotsNo of SharesAmount (Rs)
Minimum11200₹ 1,21,200
Maximum11200₹ 1,21,200

Mangalam IPO Lead Managers

  • Beeline Broking Limited

Mangalam IPO Registrar

Mangalam IPO Allotment Date, Listing Date and other Important Dates

DetailsDate
Bid / Offer Opens on30-Jun-22
Bid / Offer Closes on04-Jul-22
Finalisation of Basis of Allotment07-Jul-22
Initiation of refunds 08-Jul-22
Credit of the Equity Shares11-Jul-22
Listing Date12-Jul-22

Company Registered Office

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102, Mangalam Corporate House,
42, Shrimali Society,
Netaji Marg, Mithakhali,
Navrangpura
Ahmedabad- 380009,
Gujarat
Website: www.mangalamsaarloh.com

Company Promoters

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

Mangalam Worldwide IPO – FAQS

What is the Mangalam IPO Price?

The Mangalam IPO price band is 101 per share

When Mangalam Worldwide IPO will open?

The Mangalam Worldwide IPO opens on Jun 30, 2022 and closes on Jul 04, 2022

What is the lot size of Mangalam Worldwide IPO?

The Mangalam Worldwide IPO lot size is 1200 Equity Shares and the minimum order quantity is 1200 Equity Shares

Who is the Registrar for Mangalam Worldwide IPO?

The Registrar for Mangalam Worldwide IPO is Link Intime India Private Limited

How to apply in Mangalam Worldwide IPO through UPI?

Check the step by step process here – Click here

How to apply in Mangalam Worldwide IPO through Zerodha?

Check the step by step process here – Click here

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1 COMMENT

  1. […] Mangalam Worldwide IPO Allotment Status will be finalized on Thursday, July 07, 2022. The Mangalam Worldwide IPO will be listed on 12th July 2022. Mangalam Worldwide IPO subscription started from June 30 to July 04, 2022. The Mangalam Worldwide IPO consists of 64,93,200 Equity Shares of ₹ 10 (aggregating up to ₹ 6,558.13 lakhs). The price range for the offer has been fixed at ₹ 101 per share. […]

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