Mangalam Alloys Limited

Mangalam Alloys Limited

Mangalam Alloys Limited
listed
₹1.28LMin. investment
  1. Bid start
    21 Sep
  2. Bid end
    25 Sep
  3. Allotment
    23 Sep
  4. Release of funds
    29 Sep
  5. Demat transfer
    28 Sep
  6. Listing
    4 Oct

About Mangalam Alloys Limited

Price range₹80.00 – ₹80.00
IPO type
SME
Lot size1600 shares
Issue size₹54.91Cr
RHP/DRHP
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About the Mangalam Alloys Limited IPO :

Incorporated in 1988, Mangalam Alloys Limited is a stainless steel unit manufacturing SS Ingots, Round Bar, RCS, Bright bar, different sections/ profiles like square, hex, angle, patti, etc, Forging and making fasteners. It is situated in Ahmedabad, Gujarat.

The company manufactures stainless steel ingots through three furnaces by melting of stainless steel scrap, rolling of ingots to stainless steel rounds & flats followed by heat treatment annealing furnace and bright bar unit.

Operation of the plant starts from melting rolling, heat treatment, bright bars and fasteners as everything is in chain inoperation i.e.forward integration to produce fasteners, Bright bars and other products.

With more than 3 decades of operations, the Company is awarded by various certificates and ISO 9001:2015 and PED certificate also recognized with Two Star Export House by DGFT, India.

  Now, Mangalam Alloys Limited is coming out with its initial public offer (IPO). Proceeds of the Issue will be utilized to meet the following objects:

1) Working capital requirement;

2) Capital Expenditure for business expansion and research and Development;

3) General Corporate Purposes; and

4) To meet issue expenses.

Here are key details about the Mangalam Alloys Limited IPO :

Company NameMangalam Alloys Limited   Company TypePrivate
IPO TypeSME

Frequently asked questions

How to invest in the IPO?

Investors can apply for the IPO through their Demat account via the stock exchange or through their broker.

What is the issue size of Mangalam Alloys Limited ?

The issue size of the Mangalam Alloys Limited is 54.91 Cr.

What is 'pre-apply' for Mangalam Alloys Limited ?

Pre-applying for an IPO allows you to submit your application before the official subscription period begins.

Which exchanges will Mangalam Alloys Limited shares list on?

The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.