Issue Price
₹101
Per Share
GMP
NIL
Grey Market
Est. Listing
₹101
Expected Price
Min. Application
₹242,400
2 lots × 1200 shares
Incorporated in 1995, Mangalam Worldwide Limited is engaged in the manufacturing of stainless steel (SS). The company manufactures Stainless Steel (SS) Billets and SS Flat Bars. The company is also engaged in the trading of steel - scrap, ferro alloys, etc.Mangalam Worldwide has two Plants, located at Halol (Unit I) and Changodar (Unit II). Unit I has an installed manufacturing capacity of 66000 MT/p.a. of Stainless Steel (SS) Billets and Unit II is having installed rolling capacity of 90,000 MT/p.a. of SS Flat bars.The company's customers have spread across states Rajasthan, Gujarat, Maharashtra and Uttarpradesh in different industry segments like food and dairy equipment, Utensils, oil and gas, aerospace and medical devices among others. Managalam Worldwide is also exporting the products to Brazil.Competitive Strengths:Prime Location of Manufacturing Units.Scalable Business Model.Long term relationship with Customers.Cost effective production and timely fulfilment of orders.Captive Consumption.
Mangalam Worldwide Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 325,200 | — | ₹3.28 Cr | — |
| TOTAL | 6,493,200 | 100.00% | ₹65.58 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | ₹121,200 |
| Retail (Max) | 13 | 15,600 | ₹1,575,600 |
| sNII (Min) | 14 | 16,800 | ₹1,696,800 |
| bNII (Min) | 68 | 81,600 | ₹8,241,600 |
| Particulars | 31-Mar-21 | 31-Mar-22 | FY 2022-23 |
|---|---|---|---|
| Revenue from Operations | 30332.31 | 53347.96 | N/A |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 265.47 | 1230.98 | N/A |
| Net Worth | N/A | N/A | N/A |
| Total Assets | 4740.15 | 12265.02 | N/A |
| Reserves & Surplus | 1270.44 | 2746.82 | N/A |
| Total Borrowings | N/A | N/A | N/A |