IPO Trending
MGELSME / NSEListed
Mangalam Global Enterprise

Mangalam Global Enterprise Limited, established in 2010 by the Mangalam Group in Ahmedabad, is engaged in manufacturing refined castor oil (F.S.G.), castor de-oiled cake, and high-protein castor de-oiled cake for domestic and international markets, with castor oil widely used across industries such as lubricants, pharmaceuticals, paints, textiles, rubber, and inks. The company also manufactures cotton seeds and cotton bales and trades in raw cotton and castor seeds. It operates a cotton processing unit in Harij, Gujarat, along with two castor processing units in Harij and Palanpur, having a combined daily capacity of about 220 MT of castor de-oiled cake and 225 MT of refined castor oil. Its products are supplied across multiple Indian states and exported to countries like Thailand and Oman, and the company holds a 51% stake in its subsidiaries, Farpoint Enterprise LLP and Hindprakash Castor Derivatives Private Limited.

₹51 - ₹51Open
GMP₹0
Est. Listing Price₹51

IPO Schedule & Timeline

Fixed Price Issue IPO
Open15 Nov 2019
Close20 Nov 2019
Allotment26 Nov 2019
Listing27 Nov 2019

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Market Maker2,12,000 shares
5.01%
HNI20,08,000 shares
47.47%
Retail20,10,000 shares
47.52%

Minimum Application Lots

Retail1 Lot (2,000 shares)
₹1,02,000
HNI2 Lots (4,000 shares)
₹2,04,000

Company Promoters

Mr. Vipin Prakash MangalMr. Chanakya Prakash MangalMr. Chandragupt Prakash Mangal

Company Background

Mangalam Global Enterprise Limited, established in 2010 by the Mangalam Group in Ahmedabad, is engaged in manufacturing refined castor oil (F.S.G.), castor de-oiled cake, and high-protein castor de-oiled cake for domestic and international markets, with castor oil widely used across industries such as lubricants, pharmaceuticals, paints, textiles, rubber, an...

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Jun-19)₹14649.93 Cr
Growth+5351.9%
Revenue Trend (₹ in Crores)
0.014.9k29.9k44.8kMar-17Mar-18Mar-19Jun-19
PeriodRev (Cr)PAT (Cr)AssetsDebt
Jun-1914,649.9399.6012,126.960
Mar-1938,995.21244.957,158.370
Mar-182,689.8325.89934.750
Mar-17268.719.41698.190

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Link Intime India Private Limited

Allotment Finalized
Allotment Date
26 Nov 2019
Official Status
Out / Finalized
Registrar
Link Intime India Private Limited
Listing Date
27 Nov 2019

Official Allotment Verification Links

Official Registrar Portal
Link Intime India Private Limited

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BSE India Investor Portal

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Allotment Schedule & Milestones

IST
1. Allotment Finalization26 Nov 2019Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date27 Nov 2019Trading commences on exchange

How to Check Mangalam Global Enterprise Allotment Online

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3Enter Details

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4View Allocation

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About Mangalam Global Enterprise IPO

Complete issue overview for Mangalam Global Enterprise (MGEL) IPO. The issue features an equity share price band of ₹51 per share with a minimum retail lot size of 2000 Shares (minimum application amount of ₹1,02,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

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