214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9804.70 Crs.  Total funds raised in 2,025.00

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

Mangalam Alloys IPO (Mangalam Alloys Limited IPO) Detail

Mangalam Alloys Limited is an Steel based company, located in Gandhinagar, Mangalam Alloys Limited IPO size was 54.91 Cr. and was issued at 80.00 per share. The share of Mangalam Alloys Limited were listed at 76.00 per share and are currently trading at 53.00 per share.

Type :
Sub Sector : Stainless Steel Melting
SME IPO
NSE EMERGE

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
308.18 Cr.

PAT :
10.14 Cr.

Pricing Report

Issue Price :
80.00

Listing Price :
76.00

Current Market Price :
53.00

Issue Price vs CMP :
27 (33.75%)

listing Price vs CMP :
23 (30.26%)

Performance Report (CAGR* wise)

CAGR : -18.45
-ve 0 6 9 12+
Below Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

*Stock splits/Reverse Stock Split are adjusted in Issue price while calculating CAGR and current performance.

About Mangalam Alloys

Company Information
Mangalam Alloys was Incorporated by their promoter - Mr. Uttamchand Chandanmal Mehta and Mr. Maheshchand Jain with an aim of running stainless steel melting unit as part of Business growth. The Company is having an Unique Integrated Stainless Steel/Higher Alloys Steel Melting and further processing Unit i.e. up to Bright Bar Fasteners. The Company is a stainless steel unit manufacturing SS Ingots, Round Bar, RCS, Bright bar, different sections like square, hex, angle, patti, etc, Forging and making fasteners. The company is having a stainless steel manufacturing unit covering 40,000 sq. meters land with an installed capacity of 25,000 TPA with a turnover of Rs. 26851.25 Lakhs in F.Y. 2017-18, and it is one of the leading companies in the Stainless steel manufacturing industry. Having
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Object of Issue
  • Working capital requirements
  • Capital Expenditure for business expansion and research and Development
  • General Corporate Purposes
  • To meet issue expenses

Mangalam Alloys SME IPO Details (at the time of IPO)

IPO Type :
Fixed Price
IPO Date :
Oct, 2023
IPO Size :
54.91 Cr.
Market Cap :
197.49 Cr.   
IPO Subscription :
5.57 X     
PE Multiple :
19.46
Anchor Investors:
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Peer Companies Of This Sector

FAQs

Mangalam Alloys operates in Steel and Stainless Steel Melting. The Issue is listed on NSE EMERGE in Oct, 2023. Mangalam Alloys IPO size was 54.91 Cr. with Issue price of 80.00 .

Mangalam Alloys IPO subscription was 5.57 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Mangalam Alloys IPO listed at a listing price of 76.00 against the offer price of 80.00.

The current market price of Mangalam Alloys is 53.00.

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