Mangalam Alloys Limited

Company Name	Mangalam Alloys Limited
Open Date	21-09-2023
Close Date	25-09-2023
Exchange	NSE SME
Lot Size	1600 Shares
Issue Price	₹80 per share
Issue Size	68,64,000 Equity Shares
Application Amount	₹ 1,28,000
Recommendation	Apply

Mangalam Alloys Limited was originally incorporated in the year 1988 and has its registered office in Gujarat. The Company is engaged in the business of stainlesssteel unit manufacturing SS Ingots, Round Bar, RCS, Bright bar, and different sections/ profiles like square, hex, angle, patti, etc.The company has been awarded various certificates and ISO 9001:2015 and PED certificates.As of 31st March 2023, the Company has 370 employees on its payroll.

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Summary of Financials (All financials in Lakh)

For the Period Ended	Mar-21	Mar-22	Mar-23
Total Assets	31,210.81	30,066.96	33,201.82
Net Assets	6,390.37	6,895.35	7,903.11
Total Borrowings	16,769.66	16,361.81	15,353.27
Total Revenue	27,190.68	30,973.94	30,817.92
Profit After Tax	-653.68	505.08	1,013.51

Tentative Timeline

Opening Date	21-09-2023
Closing Date	25-09-2023
Basis of Allotment	29-09-2023
Initiation of Refunds	03-10-2023
Credit of Shares to Demat	04-10-2023
Listing Date	05-10-2023

Objects of the Issue

Capital Expenditure Requirements

Working Capital Requirements

Issue Expenses

General Corporate Purposes.

Contact Information

Registered Office	Mangalam Alloys Limited Plot No. 3123-3126, GIDC Phase III, Chhatral Dist. Gandhinagar - 382729
Phone	+91-2764 232064
Email	cs@mangalamalloys.com
Website	https://www.mangalamalloys.com/

Offer Documents

Mangalam Alloys Limited DRHP

Mangalam Alloys Limited RHP

Registrar Details

Name	Skyline Financial Services Private Limited
Phone	02228511022
Email	ipo@skylinerta.com
Website	https://www.skylinerta.com/ipo.php

IPO Reservation

Anchor Investor Shares Offered	-
Market Maker Shares Offered	344,000 (5.01%)
Other Shares Offered	3,259,200 (47.48%)
Retail Shares Offered	3,260,800 (47.51%)
Total Shares Offered	6,864,000 (100%)

Shareholding Pattern

Share Holding Pre Issue (Promoters)	81.17%
Share Holding Post Issue (Promoters)	59.74%