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Mangalam Global Enterprise Limited

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
GMPFlat
Est. Listing Price₹51
TimelineFixed Price Issue IPO
Open15 Nov 2019
Close20 Nov 2019
Allotment26 Nov 2019
Listing27 Nov 2019

Quota Reservation Portions

Market MakerPortion: 2,12,000 shares
5.01%
HNIPortion: 20,08,000 shares
47.47%
RetailPortion: 20,10,000 shares
47.52%

Minimum Application Bracket Matrix

Retail1 lots / 2,000 shares
₹1,02,000
HNI2 lots / 4,000 shares
₹2,04,000

About the Company

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.

Company Promoters

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