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Open
30 Jun to 4 Jul, 2022
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Close
30 Jun to 4 Jul, 2022
3
Allotment
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Listing
Mon, Jul 11, 2022
Price Band
₹101 per share
Issue Size
64,93,200 shares (agg. up to ₹66 Cr)
Lot Size
1,200 Shares
Listing Date
Mon, Jul 11, 2022
Latest GMP
₹0
Est. Gain
1%
✦ AI Insight
GMP Trend
23-06-2022₹0Est. ₹101+1%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.16x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|
| Assets | 122.65 | 47.40 |
| Total Income | 533.48 | 303.32 |
| Profit After Tax | 12.31 | 2.65 |
| Reserves and Surplus | 27.47 | 12.70 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Adishakti Loha & Ispat Ltd. | SME | ₹2.00 Cr | ₹11 | null | ₹11.40 | +3.64% | ₹13.68 (-1.58%) |
| Venus Pipes & Tubes Ltd. | Mainboard | ₹165.42 Cr | ₹326 | 21.03 | ₹354.35 | +8.70% | ₹1,708.80 (-5.75%) |
| Hariom Pipe Industries Ltd. | Mainboard | ₹130.05 Cr | ₹153 | 15.15 | ₹231.00 | +50.98% | ₹403.55 (+0.60%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To Meet Working Capital Requirement | 52.00 |
| 2 | General Corporate Purpose | 13.00 |
About Mangalam Worldwide IPO
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. + Read More
Contact Details
Mangalam Worldwide Ltd. Address102, Mangalam Corporate House42, Shrimali Society, Netaji MargMithakhali, NavrangpuraAhmedabad, Gujarat, 38000979 6161 5000cs.mwpl@groupmangalam.comVisit Website