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MWMWLListed

Mangalam Worldwide Limited

Fixed Price Issue IPO · NSE

Price band
₹101 - ₹101
Lot size
1,200 shares
Issue amount
₹65.58 cr
Total subscription
1.33×
Current price₹40.66
Listing price ₹102
Watch live price ↗
Opens
30 Jun 2022
Closes
4 Jul 2022
Allotment
8 Jul 2022
Listing
11 Jul 2022

Offer at a glance

Issue overview

Issue size
64,93,200 shares
Face value
₹10 Per Equity Share
Minimum investment
₹1,21,200
Fresh issue
₹65.58 cr
Offer for sale
₹0 cr
Registrar
Link Intime India Private Limited
Listing exchange
NSE
Maximum investment
₹1,21,200
Issue type
Fixed Price Issue IPO
Shares before issue
1,80,07,474
Shares after issue
2,45,00,674

Lot sizes

CategoryLotsSharesAmount
RETAIL11,200₹1,21,200
HNI22,400₹2,42,400

Share reservation

Market Maker5.01%
HNI47.5%
RETAIL47.5%

Subscription & GMP

Subscription by category

Total subscribed1.33×

Subscription figures are awaiting publication.

GMP history

00.5128 Mar: ₹027 Nov: ₹011 Dec: ₹0
28 Mar₹011 Dec

Financial performance

Company financials

In Lakhs · Reported periods may include interim results.

Revenue & profitIn Lakhs
020,00040,00060,000Mar-22 · Revenue: 53,347.96Mar-22 · Profit after tax: 1,230.98Mar-22Mar-21 · Revenue: 30,332.31Mar-21 · Profit after tax: 265.47Mar-21
RevenueProfit after tax

Company information

Company profile

Mangalam Worldwide Limited, founded in 1995, manufactures stainless steel products including SS Billets and SS Flat Bars, and also trades in steel-related materials like scrap and ferro alloys. The company operates two plants: Unit I in Halol with a 66,000 MT per year capacity for SS Billets, and Unit II in Changodar with a 90,000 MT per year rolling capacity for SS Flat Bars. Mangalam Worldwide serves customers across Rajasthan, Gujarat, Maharashtra, and Uttar Pradesh in industries such as food and dairy equipment, utensils, oil and gas, aerospace, and medical devices, and also exports products to Brazil.

Strengths

  • Prime Manufacturing Locations: Strategically positioned units to optimize logistics and market access.
  • Scalable Business Model: Designed for growth and expansion across markets.
  • Long-Term Customer Relationships: Strong ties with clients ensuring repeat business and loyalty.
  • Cost-Effective Production: Ensures timely delivery while minimizing operational costs.
  • Resource Efficiency: Maximizes captive consumption for optimal utilization of inputs.

Promoters

Mr. Vipin Prakash Mangal

Mr. Chanakya Prakash Mangal

Mr. Chandragupt Prakash Mangal

Registrar & documents

Lead manager

Beeline Capital Advisors Private Limited

Registered office

102, Mangalam Corporate House, 42, Shrimali Society, Netaji Marg, Mithakhali, Navrangpura Ahmedabad, 380009

79 6161 5000

[email protected]Company website ↗

Understanding MWL 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.