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
- Objects of the Issue
- Mangalam Worldwide Limited Financials:
- Mangalam IPO Price – Details
- Mangalam IPO DRHP & RHP
- Mangalam IPO Lot Size
- Mangalam IPO Lead Managers
- Mangalam IPO Registrar
- Mangalam IPO Allotment Date, Listing Date and other Important Dates
- Company Registered Office
- Company Promoters
- Mangalam Worldwide IPO – FAQS
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
| Description | Details |
|---|---|
| Public Issue | Initial Public Issue of upto 64,93,200 Equity Shares of ₹ 10 (aggregating up to ₹ 6,558.13 lakhs) |
| Issue Open Date | 30-Jun-22 |
| Issue Close Date | 04-Jul-22 |
| Issue Type | Fixed 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 Investor | Rs. 2,00,000 |
| Listing | NSE SME |
| NSE Symbol | MWL |
| 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
| Application | Lots | No of Shares | Amount (Rs) |
| Minimum | 1 | 1200 | ₹ 1,21,200 |
| Maximum | 1 | 1200 | ₹ 1,21,200 |
Mangalam IPO Lead Managers
- Beeline Broking Limited
Mangalam IPO Registrar
Mangalam IPO Allotment Date, Listing Date and other Important Dates
| Details | Date |
|---|---|
| Bid / Offer Opens on | 30-Jun-22 |
| Bid / Offer Closes on | 04-Jul-22 |
| Finalisation of Basis of Allotment | 07-Jul-22 |
| Initiation of refunds | 08-Jul-22 |
| Credit of the Equity Shares | 11-Jul-22 |
| Listing Date | 12-Jul-22 |
Company Registered Office
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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[…] 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. […]