Mangalam Worldwide Limited is engaged in the production of stainless steel (SS). The company manufactures Stainless Steel (SS) and SS Flat Bars. The company also engages in the metal trade – scrap, ferro alloys, etc.
Mangalam Worldwide has two Plants, located in Halol (Unit I) and Changodar (Unit II). Unit I has an installed production capacity of 66000 MT / p.a. of Stainless Steel (SS) Billets and Unit II has installed a rolling capacity of 90,000 MT / p.a. SS Flat bars.
The company’s customers are spread across Rajasthan, Gujarat, Maharashtra and Uttarpradesh provinces in various industries such as food and drug equipment, utensils, oil and gas, aerospace and medical equipment, among others. Managalam Worldwide and exports products to Brazil.
Competitive Strengths
- Prime Location of Manufacturing Units.
- Scalable Business Model.
- Long term relationship with Customers.
- Cost effective production and timely fulfilment of orders.
- Captive Consumption.
Company Promoters
- Mr. Vipin Prakash Mangal
- Mr. Chanakya Prakash Mangal
- Mr. Chandragupt Prakash Mangal
Company Financials
| Particulars | 31 March 2022 | 31 March 2021 |
|---|---|---|
| Total Assets | 12265.02 | 4740.15 |
| Total Revenue | 53347.96 | 30332.31 |
| Profit After Tax | 1230.98 | 265.47 |
Object Of The Issue
- To Meet Working Capital Requirements.
- General Corporate Purpose.
- To meet Public Issue Expenses.
Mangalam Worldwide IPO – Details
| IPO Opening Date | 30 June 2022 |
| IPO Closing Date | 04 July 2022 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | ₹65.58 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹101 |
| Market Lot | 1200 Shares |
| Min Order | 1200 Shares |
| Listing At | NSE SME |
| Register | LinkInTime India Private Ltd |
| Retail Shares Offered | 50% of the net offer |
| NII (HNI) Shares Offered | 50% of the net offer |
Mangalam Worldwide IPO – Date Schedule
| IPO Open Date | 30 June 2022 |
| IPO Close Date | 04 July 2022 |
| Basis of Allotment Date | 07 July 2022 |
| Initiation of Refunds | 08 July 2022 |
| Credit of Shares to Demat Account | 11 July 2022 |
| IPO Listing Date | 12 July 2022 |
Mangalam Worldwide IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Minimum | 1 | 1200 | 1,21,200 |
| Maximum | 1 | 1200 | 1,21,200 |
Mangalam Worldwide IPO Promoter Holding
| Pre Issue Share Holding | 87.04% |
| Post Issue Share Holding | 63.97% |
Mangalam Worldwide IPO Prospectus
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 Registrar
| Link Intime India Private Ltd Phone: +91-22-4918 6270 Email: mangalam.ipo@linkintime.co.in Website: https://linkintime.co.in/ |
Mangalam Worldwide IPO Lead Manager(s)
| 1. Beeline Broking Ltd |
Mangalam Worldwide IPO FAQs
| What is Mangalam Worldwide IPO? Mangalam Worldwide IPO is a SME IPO. The issue is priced at ₹101 per equity share. The IPO is to be listed on NSE SME. |
| When Mangalam Worldwide IPO will open? The IPO is to open on 30 June 2022 for NII and Retail Investors. |
| What is Mangalam Worldwide IPO Investors Portion? The investors’ portion for NII-50%, and Retail 50%. |
| How to Apply the Mangalam Worldwide IPO? You can apply Mangalam Worldwide IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Mangalam Worldwide IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Mangalam Worldwide”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One. |
| How to Apply the Mangalam Worldwide IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Mangalam Worldwide”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Mangalam Worldwide IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Mangalam Worldwide”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox. |
| How to Apply the Mangalam Worldwide IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Mangalam Worldwide”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL. |
| What is Mangalam Worldwide IPO Size? Mangalam Worldwide IPO size is ₹65.58 crores. |
| What is Mangalam Worldwide IPO Price Band? Mangalam Worldwide IPO Price Band is ₹101. |
| What is Mangalam Worldwide IPO Minimum and Maximum Lot Size? The minimum bid is 1200 Shares with ₹1,21,200 amount while the maximum bid is 1200 shares with ₹1,21,200. |
| What is the Mangalam Worldwide IPO Allotment Date? Mangalam Worldwide IPO allotment date is 07 July 2022. |
| What is the Mangalam Worldwide IPO Listing Date? Mangalam Worldwide IPO listing date is 12 July 2022. The IPO is to list on NSE SME. |
