Mangalam Worldwide Limited

Company Profile
Company Name Mangalam Worldwide Limited
Open Date 30-06-2022
Close Date 04-07-2022
Exchange NSE SME
Lot Size 1200 Shares
Issue Price ₹ 101 per share
Issue Size 64,93,200 Equity Shares
Application Amount ₹ 1,21,200
Recommendation Avoid
Incorporated in the year 1995, Mangalam Worldwide Limited is engaged in manufacturing Stainless Steel with fully integrated infrastructure consisting of steel melting shops, rolling mills and finishing machines. The company has two plants, one located in Halol and the other one located in Changodar. Company also does the manufacturing of Stainless Steel (SS)
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Summary of Financials (All financials in Lakh)

For the Period Ended Mar-22 Mar-21
Total Assets 12,265.02 4,740.15
Net Assets 4,547.57 1,290.58
Total Borrowings 4,691.86 1,746.80
Total Revenue 53,347.96 30,332.31
Profit After Tax 1,230.62 265.34

Tentative Timeline

Opening Date 30-06-2022
Closing Date 04-07-2022
Basis of Allotment 07-07-2022
Initiation of Refunds 08-07-2022
Credit of Shares to Demat 11-07-2022
Listing Date 11-07-2022

Objects of the Issue

To Meet Working Capital Requirements
General Corporate Purpose
To meet Public Issue Expenses

Contact Information

Registered Office Mangalam Worldwide Limited 102, Mangalam Corporate House, 42, Shrimali Society, Netaji Marg, Mithakhali, Navrangpura Ahmedabad, 380009
Phone 79 6161 5000

Registrar Details

Name Link Intime India Private Limited
Phone +91-22-4918 6270

IPO Reservation

Anchor Investor Shares Offered -
Market Maker Shares Offered 325,200 (5.01%)
Other Shares Offered 3,084,000 (47.50%)
Retail Shares Offered 3,084,000 (47.50%)
Total Shares Offered 6,493,200 (100%)

Shareholding Pattern

Pre Issue Share Holding (Promoters) 87.04%
Post Issue Share Holding (Promoters) 63.97%

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