Mangalam Worldwide Ltd. IPO — GMP, Details & Subscription

IPO Details

Open Date

30 Jun 2022

Close Date

04 Jul 2022

Allotment

07 Jul 2022

Listing Date

11 Jul 2022

Exchange

NSE SME

Price Band

₹101

Listing Price

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Allotment Status

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Price Band

₹101

Per share

Face Value

₹10 per share

Lot Size

1,200 Shares

per lot

Issue Size

64,93,200 shares (aggregating up to ₹65.58 Cr)

Total offering

Issue Type

Fixed Price IPO

Min Investment

₹121,200

1 lot

Pre-IPO Holding

1,80,07,474 shares

Promoters

Post-IPO Holding

2,45,00,674 shares

Promoters

P/E (Pre)

20.12x

UPI Deadline

2022-07-04

Mandate

Anchor AllotmentWed, 29 Jun 2022

Basis of AllotmentThu, 07 Jul 2022

Refund InitiationFri, 08 Jul 2022

Demat CreditMon, 11 Jul 2022

Listing DayMon, 11 Jul 2022

UPI Mandate Deadline2022-07-04

Sale TypeFresh Capital

Net Offer to Public61,68,000 shares (aggregating up to ₹62.30 Cr)

Market Maker Quota3,25,200 shares (aggregating up to ₹3.28 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Mangalam Worldwide Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 04 Jul 2022.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
Market Maker	Awaited	325,200	—	₹3.28
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	6,493,200	100%	₹65.58

IPO Shares Offered

Mangalam Worldwide Ltd. IPO total issue size: ₹65.58 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	325,200	₹3.28	5.01%
Total	6,493,200	₹65.58	100.00%

* Based on upper price band ₹101 per share

Lot Size & Investment

Lot Size

1,200

Shares per Lot

Issue Price

₹101.00

Upper Band

Min Investment

₹121,200

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	2,400	₹242,400
Retail (Max — 13 Lots)	13	15,600	₹1,575,600
S-HNI (Min — 14 Lots)	14	16,800	₹1,696,800
B-HNI (Min — 68 Lots)	68	81,600	₹8,241,600

* Issue Price ₹101 × Lot Size 1,200 shares

IPO Schedule

Anchor

29 Jun 2022

✓ Done

IPO Open

30 Jun 2022

✓ Done

IPO Close

04 Jul 2022

✓ Done

Allotment

07 Jul 2022

✓ Done

Refunds

08 Jul 2022

✓ Done

Demat Credit

11 Jul 2022

✓ Done

Listing Day

11 Jul 2022

✓ Done

₹101.00

INR · NSE

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Issue ₹101.00 Live Price

About Mangalam Worldwide Ltd.

Incorporated in 1995, Mangalam Worldwide Limited is engaged in the manufacturing of stainless steel (SS). The company manufactures Stainless Steel (SS) Billets and SS Flat Bars. The company is also engaged in the trading of steel - scrap, ferro alloys, etc.Mangalam Worldwide has two Plants, located at Halol (Unit I) and Changodar (Unit II). Unit I has an installed manufacturing capacity of 66000 MT/p.a. of Stainless Steel (SS) Billets and Unit II is having installed rolling capacity of 90,000 MT/p.a. of SS Flat bars.The company's customers have spread across states Rajasthan, Gujarat, Maharashtra and Uttarpradesh in different industry segments like food and dairy equipment, Utensils, oil and gas, aerospace and medical devices among others. Managalam Worldwide is also exporting the 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.

Objects of the Issue

1. To Meet Working Capital Requirements.

2. General Corporate Purpose.

3. To meet Public Issue Expenses.

Mangalam Worldwide Ltd. Financials (Amount in Lakhs)

Revenue from Operations

N/A

FY 2022-23

₹53,348.0

31-Mar-22

₹30,332.3

31-Mar-21

Profit After Tax (PAT)

N/A

FY 2022-23

₹1,231.0

31-Mar-22

₹265.5

31-Mar-21

Particulars	31-Mar-21	31-Mar-22	FY 2022-23
Revenue from Operations	30332.31	53347.96	N/A
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	265.47	1230.98	N/A
Net Worth	N/A	N/A	N/A
Total Assets	4740.15	12265.02	N/A
Reserves & Surplus	1270.44	2746.82	N/A
Borrowings	N/A	N/A	N/A
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

Issue Structure & Shareholding

Total Shares Offered64,93,200 (100.00%)

Net Offer to Public61,68,000 shares (aggregating up to ₹62.30 Cr)

Reserved for Market Maker3,25,200 shares (aggregating up to ₹3.28 Cr)

Pre-Issue Promoter Holding1,80,07,474 shares

Post-Issue Promoter Holding2,45,00,674 shares

P/BV RatioN/A

RoEN/A

RoCEN/A

Debt / EquityN/A

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

MUFG Intime India Pvt.Ltd.

+91-22-4918 6270

mangalam.ipo@linkintime.co.in

https://linkintime.co.in/Initial_Offer/public-issues.html

Check Allotment

Book Running Lead Managers

Beeline Broking Ltd.

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Mangalam Worldwide Ltd. IPO subscribed? ▲

Mangalam Worldwide Ltd. IPO is subscribed 1.00 times by Jul 04, 2022. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Mangalam Worldwide Ltd. IPO retail subscription status? ▼

The Mangalam Worldwide Ltd. IPO retail category is subscribed 1.00 times as of 04 Jul 2022. The retail portion is oversubscribed.

How to subscribe Mangalam Worldwide Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 30 Jun 2022 and closes 04 Jul 2022. Min investment: ₹121,200 (1 lot = 1,200 shares). UPI mandate: 2022-07-04.

How many times Mangalam Worldwide Ltd. IPO subscribed? ▼

The Mangalam Worldwide Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Mangalam Worldwide Ltd. IPO allotment? ▼

Check allotment on the registrar website (MUFG Intime India Pvt.Ltd.) at https://linkintime.co.in/Initial_Offer/public-issues.html. Enter your PAN, application number or DP/Client ID. Allotment date: 07 Jul 2022. Refunds: on 08 Jul 2022.

When Mangalam Worldwide Ltd. IPO will be listed? ▼

The Mangalam Worldwide Ltd. IPO listing date is 11 Jul 2022, Monday. Listed on: NSE SME. Issue price: ₹101. Estimated listing: ₹101. GMP: NIL.

When Mangalam Worldwide Ltd. IPO close? ▼

The Mangalam Worldwide Ltd. IPO closes on 04 Jul 2022, Monday. UPI mandate: 2022-07-04. Allotment: 07 Jul 2022. Listing: 11 Jul 2022.

Quick Actions

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Live Price LIVE

Last Price₹101.00

Change—

Issue Price₹101.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹101

Face Value₹10

Lot Size1,200 Sh

Min. Amount₹121,200

GMPNIL

Est. Listing₹101

Subscribed1.00x

Open Date30 Jun 2022

Close Date04 Jul 2022

Allotment07 Jul 2022

Listing Date11 Jul 2022

ExchangeNSE SME

UPI Deadline2022-07-04