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Open
21 Sep 2023
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Close
25 Sep 2023
3
Allotment
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Listing
Wed, Oct 4, 2023
Price Band
₹80 per share
Issue Size
68,64,000 shares (agg. up to ₹55 Cr)
Lot Size
1,600 Shares
Listing Date
Wed, Oct 4, 2023
Latest GMP
₹0
Est. Gain
0%
✦ AI Insight
GMP Trend
04-10-2023₹0Est. ₹80+0%
03-10-2023₹0Est. ₹80+0%
02-10-2023₹0Est. ₹80+0%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 5.37x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|
| Assets | 332.02 | 300.67 | 312.11 |
| Total Income | 308.18 | 309.74 | 271.91 |
| Profit After Tax | 10.14 | 5.05 | -6.54 |
| NET Worth | 79.03 | 68.95 | 63.90 |
| Reserves and Surplus | 60.47 | 50.39 | 45.34 |
| Total Borrowing | 153.53 | 163.62 | 167.70 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Cosmic CRF Ltd. | SME | ₹57.21 Cr | ₹314 | 35.64 | ₹238.65 | -24.00% | ₹1,270.90 |
| Krishca Strapping Solutions Ltd. | SME | ₹17.93 Cr | ₹54 | 3.43 | ₹112.90 | +109.07% | ₹157.45 |
| De Neers Tools Ltd. | SME | ₹22.99 Cr | ₹101 | null | ₹180.50 | +78.71% | ₹169.85 |
| Pattech Fitwell Tube Components Ltd. | SME | ₹12.00 Cr | ₹50 | 46.73 | ₹57.75 | +15.50% | ₹114.85 |
| Maiden Forgings Ltd. | SME | ₹23.84 Cr | ₹63 | 8.38 | ₹59.86 | -4.98% | ₹106.35 |
| Quality Foils (India) Ltd. | SME | ₹4.52 Cr | ₹60 | 4.16 | ₹97.70 | +62.83% | ₹63.00 |
| Earthstahl & Alloys Ltd. | SME | ₹12.96 Cr | ₹40 | 4.22 | ₹57.75 | +44.38% | ₹13.00 |
| Swastik Pipe Ltd. | SME | ₹62.52 Cr | ₹100 | 11.38 | ₹69.30 | -30.70% | ₹18.05 |
| Ratnaveer Precision Engineering Ltd. | Mainboard | ₹165.03 Cr | ₹98 | null | ₹129.35 | +31.99% | ₹299.90 |
| Aeroflex Industries Ltd. | Mainboard | ₹351.00 Cr | ₹108 | 40.91 | ₹163.25 | +51.16% | ₹561.15 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Working capital requirement; | 27.00 |
| 2 | Capital Expenditure for business expansion and research and Development; | 5.33 |
| 3 | General Corporate Purposes; and | 12.25 |
About Mangalam Alloys IPO
Updated on Aug 5, 2026
Contact Details
Mangalam Alloys Ltd. AddressPlot No.3123-3126GIDC Phase IIIChhatralGandhinagar, Gujarat, 382729+91-2764 232064cs@mangalamalloys.comVisit Website