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MGMGELListed

Mangalam Global Enterprise Limited

Fixed Price Issue IPO · NSE

Price band
₹51 - ₹51
Lot size
2,000 shares
Issue amount
₹21.57 cr
Total subscription
0×
Current price₹17.02
Listing price Unavailable
Watch live price ↗
Opens
15 Nov 2019
Closes
20 Nov 2019
Allotment
26 Nov 2019
Listing
27 Nov 2019

Offer at a glance

Issue overview

Issue size
42,30,000 shares
Face value
₹10 per share
Minimum investment
₹1,02,000
Fresh issue
₹21.57 cr
Offer for sale
₹0 cr
Registrar
Link Intime India Private Limited
Listing exchange
NSE
Maximum investment
₹1,02,000
Issue type
Fixed Price Issue IPO
Shares before issue
1,18,27,410
Shares after issue
1,60,57,410

Lot sizes

CategoryLotsSharesAmount
RETAIL12,000₹1,02,000
HNI24,000₹2,04,000

Share reservation

Market Maker5.01%
HNI47.47%
RETAIL47.52%

Subscription & GMP

Subscription by category

Total subscribed0×

Subscription figures are awaiting publication.

GMP history

00.5124 Dec: ₹0
24 Dec₹024 Dec

Financial performance

Company financials

in Lakhs · Reported periods may include interim results.

Revenue & profitin Lakhs
010,00020,00030,00040,000Mar-17 · Revenue: 268.71Mar-17 · Profit after tax: 9.41Mar-17Mar-18 · Revenue: 2,689.83Mar-18 · Profit after tax: 25.89Mar-18Mar-19 · Revenue: 38,995.21Mar-19 · Profit after tax: 244.95Mar-19Jun-19 · Revenue: 14,649.93Jun-19 · Profit after tax: 99.6Jun-19
RevenueProfit after tax

Company information

Company profile

Mangalam Global Enterprise Limited, established in 2010 by the Mangalam Group in Ahmedabad, is engaged in manufacturing refined castor oil (F.S.G.), castor de-oiled cake, and high-protein castor de-oiled cake for domestic and international markets, with castor oil widely used across industries such as lubricants, pharmaceuticals, paints, textiles, rubber, and inks. The company also manufactures cotton seeds and cotton bales and trades in raw cotton and castor seeds. It operates a cotton processing unit in Harij, Gujarat, along with two castor processing units in Harij and Palanpur, having a combined daily capacity of about 220 MT of castor de-oiled cake and 225 MT of refined castor oil. Its products are supplied across multiple Indian states and exported to countries like Thailand and Oman, and the company holds a 51% stake in its subsidiaries, Farpoint Enterprise LLP and Hindprakash Castor Derivatives Private Limited.

Strengths

  • Consistently delivers high-quality products
  • Offers a diverse range of services
  • Operates both domestically and globally
  • Has a strong and loyal customer base

Promoters

Mr. Vipin Prakash Mangal

Mr. Chanakya Prakash Mangal

Mr. Chandragupt Prakash Mangal

Registrar & documents

Lead manager

Pantomath Capital Advisor Private Limited

Registered office

Mangalam Corporate House, 19 / B, Kalyan Society, Near M G Int School, Mithakhali, Ahmedabad,

+91-9099978946

[email protected]Company website ↗

Understanding MGEL IPO data

Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.