247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Mangalam Global Enterprise Limited IPO (Mangalam Global Enterprise IPO) Details

Mangalam Global Enterprise Limited is an Agro based company, located in Ahmedabad, Mangalam Global Enterprise Limited IPO size was 21.57 Cr. and was issued at 51.00 per share. The share of Mangalam Global Enterprise Limited were listed at 51.50 per share and are currently trading at 28.93 per share.

Type :
Sub Sector :
SME IPO
NSE EMERGE

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

Revenue :
586.00 Cr.

PAT :
3.96 Cr.

Pricing Report

Issue Price :
51.00

Listing Price :
51.50

Current Market Price :
28.93

Issue Price vs CMP :
22.07 (43.27%)

listing Price vs CMP :
22.57 (43.83%)

Performance Report (CAGR* wise)

CAGR : -10.41
-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.

About Mangalam Global Enterprise

Company Information
Mangalam Global Enterprise Limited is primarily engaged in the manufacturing of Refined Castor Oil First Stage Grade (F.S.G.), Castor De-Oiled Cake, and High Protein Castor De-Oiled Cake for both the domestic market and international exports. The company has also diversified its operations into the manufacturing of Cotton Bales (Lint Cotton) and Delineate Cotton Seeds. Before commencing the commercial manufacturing of these products in the financial year 2018-19, the company was involved in the trading business.
The company operates a cotton processing unit at Harij, Gujarat, and two well-equipped castor processing units at Harij and Palanpur, Gujarat, for the manufacturing of the aforementioned product segments. In addition to manufacturing, the company is also engaged in the trading of Castor Seeds and Raw Cotton.
Object of Issue
  • Funding the working capital requirements of the Company
  • General Corporate Purposes

Mangalam Global Enterprise SME IPO Details (at the time of IPO)

IPO Type :
Fixed Price
IPO Date :
Nov, 2019
IPO Size :
21.57 Cr.
IPO Subscription :
1.28 X     
PE Multiple :
20.00
IPO Registrar:
Link Intime India Private Limited
Anchor Investors:

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FAQs

Mangalam Global Enterprise operates in Agro and . The Issue is listed on NSE EMERGE in Nov, 2019. Mangalam Global Enterprise IPO size was 21.57 Cr. with Issue price of 51.00 .

Mangalam Global Enterprise IPO subscription was 1.28 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 Global Enterprise IPO listed at a listing price of 51.50 against the offer price of 51.00.

The current market price of Mangalam Global Enterprise is 28.93.

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