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Mangalam Worldwide Limited

Mangalam Worldwide Limited, founded in 1995, manufactures stainless steel products including SS Billets and SS Flat Bars, and also trades in steel-related materials like scrap and ferro alloys. The company operates two plants: Unit I in Halol with a 66,000 MT per year capacity for SS Billets, and Unit II in Changodar with a 90,000 MT per year rolling capacity for SS Flat Bars. Mangalam Worldwide serves customers across Rajasthan, Gujarat, Maharashtra, and Uttar Pradesh in industries such as food and dairy equipment, utensils, oil and gas, aerospace, and medical devices, and also exports products to Brazil.

₹101 - ₹1011.33x sub
Listed Price102.00
Listing Gain+0.99%
TimelineFixed Price Issue IPO
Open30 Jun 2022
Close04 Jul 2022
Allotment08 Jul 2022
Listing11 Jul 2022

Quota Reservation Portions

Market MakerPortion: 3,25,200 shares
5.01%
HNIPortion: 30,84,000 shares
47.5%
RetailPortion: 30,84,000 shares
47.5%

Minimum Application Bracket Matrix

Retail1 lots / 1,200 shares
₹1,21,200
HNI2 lots / 2,400 shares
₹2,42,400

About the Company

Mangalam Worldwide Limited, founded in 1995, manufactures stainless steel products including SS Billets and SS Flat Bars, and also trades in steel-related materials like scrap and ferro alloys. The company operates two plants: Unit I in Halol with a 66,000 MT per year capacity for SS Billets, and Unit II in Changodar with a 90,000 MT per year rolling capacity for SS Flat Bars. Mangalam Worldwide serves customers across Rajasthan, Gujarat, Maharashtra, and Uttar Pradesh in industries such as food and dairy equipment, utensils, oil and gas, aerospace, and medical devices, and also exports products to Brazil.

Company Promoters

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