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Mangalam Alloys IPO is a Fixed Price IPO listing on NSE EMERGE exchange. The company is based in Gandhinagar and caters to Steel sector. Expert Global Consultants is the merchant banker of Mangalam Alloys IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 29th March 2019.
Mangalam Alloys IPO open date is 21st September 2023 and close date is 25th September 2023. IPO Allotment Date is 2nd September 2023 and Listing date is 4th October 2023.
IPO
Size:
₹ 54.91 Cr.
Avg IPO Size (Sector Based)
: ₹
29.33 cr.
Sector: Steel
SME
IPO so far:
43
Merchant Banker:
Expert Global
SME
IPO by BRLM so far:
14
City:
Gandhinagar
SME
IPO so far:
15
Revenue (annualised):
₹
308.18
cr. 
PE
Ratio:
19.46x
Average Sector PE Ratio: 16.09x
Mangalam Alloys IPO size is ₹ 54.91 Cr. with IPO price of ₹ 80.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Expert Global Consultants Private Limited is the book-running lead manager of the Mangalam Alloys IPO. Skyline Financial Services Private Limited is the Registrar and Market Maker is Rikhav Securities Limited for Mangalam Alloys IPO.
Mangalam Alloys IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Mangalam Alloys IPO, based in Gandhinagar, operates in the Steel sector with a focus on stainless steel melting. The company is launching its SME IPO on the NSE EMERGE exchange, using the Fixed Price Issue method. Mangalam Alloys IPO size is ₹ 54.91 Cr. with fresh issue size of ₹ 49.01 Cr. and Offer for sale being ₹ 5.90Cr.
The IPO allotment date for Mangalam Alloys IPO is expected to be 2nd September 2023, after the finalization of basis of allotment. Investors can check Mangalam Alloys IPO allotment status on the registrars website, Skyline Financial Services Private Limited. Mangalam Alloys IPO refund dates are 2nd October 2023.
Mangalam Alloys IPO is expected to be listed on 4th October 2023.
The upper price band for the Mangalam Alloys IPO is set at ₹ 80.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Mangalam Alloys IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Mangalam Alloys IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 25th September 2023. After submission, funds are blocked until the basis of allotment of Mangalam Alloys IPO is finalised.
The merchant banker for Mangalam Alloys IPO is Expert Global Consultants Private Limited . Expert Global Consultants Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Mangalam Alloys IPO RHP for further details.
The registrar for Mangalam Alloys IPO is Skyline Financial Services Private Limited. Investors can go to Skyline Financial Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Mangalam Alloys IPO through their official website or helpline.
Mangalam Alloys IPO was subscribed 5.57 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 54.91 Cr.
Avg IPO Size (Sector Based)
:
₹ 29.33 Cr.
Sector: Steel
SME
IPO so far:
43
Merchant Banker:
Expert Global
SME
IPO by BRLM so far:
14
City:
Gandhinagar
SME
IPO so far:
15
Revenue (annualised):
₹ 302.92 cr.
PE
Ratio:
19.46x
Average Sector PE Ratio: 16.09x
Mangalam Alloys IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Mangalam Alloys Financial Review Page
Merchant Banker(s) of Mangalam Alloys IPO: Expert Global Consultants Private Limited
Mangalam Alloys IPO subscription was 5.57 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Mangalam Alloys IPO listed at a listing price of 76.00 against the offer price of 80.00.
The current market price of Mangalam Alloys is 30.00.
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