Mangalam Global IPO - Grey Market, GMP & Reviews

IPO Details

Issue Date 15/11 - 20/11
Issue Size ₹21.57 Cr
Issue Price ₹51
Market Lot 2000 Shares
Shares on Offer 4,230,000
Registrar
GMP N/A
Kostak N/A
Subject to Sauda N/A
Listing Date N/A
Listing Price N/A
Listing Gain% N/A

About Mangalam Global Enterprise Limited

Mangalam Global Enterprise Private Limited is a Private incorporated on 27 September 2010. It is classified as Non-govt company and is registered at Registrar of Companies, Ahmedabad. Its authorized share capital is Rs. 30,000,000 and its paid up capital is Rs. 23,254,820. It is inolved in Manufacture of other chemical products

Mangalam Global Enterprise Private Limited's Annual General Meeting (AGM) was last held on 28 September 2018 and as per records from Ministry of Corporate Affairs (MCA), its balance sheet was last filed on 31 March 2018.

Mangalam Global Enterprise Private Limited's Corporate Identification Number is (CIN) U24224GJ2010PTC062434 and its registration number is 62434.Its Email address is meenumangal@hotmail.com and its registered address is 101,Mangalam Corporate House,19/B Kalyan Society Near M.G. International School,Mithakhali Ahmedabad Ahmedabad GJ 380006 IN , - , .

Incorporated in 2010, Mangalam Global Enterprise Limited is set up by Ahmedabad based Mangalam group. It is mainly engaged in the business of manufacturing of Refined Castor Oil First Stage Grade (F.S.G.), Castor De-Oiled Cake and High Protein Castor De-Oiled Cake for domestic and international markets. Castor oil mainly used in Lubricants, Paints, Sealants, Pharmaceuticals, Inks Cable Insulators, Textiles, and Rubber industries.

Apart from this, it also manufactures Delineate Cotton Seeds and Cotton Bales (Lint Cotton). Mangalam Global also involved in the trading business of Raw Cotton and Castor Seeds.

Company's one cotton processing unit is located at Harij, Gujarat and two castor processing units located at Harji and Palanpur. Both the units have a capacity of producing 220 MT Castor De-Oiled Cake per day and 225 MT Castor Refined Oil (F.S.G.) per day. They supply their products in states such as Gujrat, Maharashtra, Rajasthan, Delhi, and West Bengal. Also, the company exports products in countries like Thailand and Oman.

Farpoint Enterprise LLP (Farpoint) and Hindprakash Castor Derivatives Private Limited (HCDPL) are the two subsidiaries of Mangalam Global with 51% stake.

Company Financials

Particulars 31-Mar-19 31-Mar-18 31-Mar-17
Total Assets (In ₹ Millions) 7,158.37 934.75 698.19
Total Revenue (In ₹ Millions) 38,995.21 2,689.83 268.71
Profit After Tax (PAT) (In ₹ Millions) 244.95 25.89 9.41

Mangalam Global Enterprise Limited IPO Reviews

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Subscription Details

Date & Time QIB NII RII Total
Day 1 - 15 Nov 2019 1.08 0.02 0.55
Day 2 - 18 Nov 2019 1.63 0.12 0.87
Day 3 - 19 Nov 2019 1.64 0.21 0.93
Day 4 - 20 Nov 2019 2.09 0.47 1.28

Allotment Status

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IPO Allotment Status

Mangalam Global Enterprise Limited IPO FAQs

  1. When will Mangalam Global Enterprise Limited IPO open?

    Mangalam Global Enterprise Limited IPO will open on 15/11 and close on 20/11.

  2. What is the listing date of Mangalam Global Enterprise Limited IPO?

    Mangalam Global Enterprise Limited IPO will list on .

  3. What is the offer price of Mangalam Global Enterprise Limited IPO?

    The offer price of Mangalam Global Enterprise Limited IPO is ₹51.

  4. What is the lot size of Mangalam Global Enterprise Limited IPO?

    The lot size of Mangalam Global Enterprise Limited IPO is 2000.

  5. What is the Grey Market Premium (GMP) price of Mangalam Global Enterprise Limited IPO?

    The Grey Market Premium (GMP) price of Mangalam Global Enterprise Limited IPO is Not Available at the moment.

  6. What is the Kostak price of Mangalam Global Enterprise Limited IPO?

    The Kostak price of Mangalam Global Enterprise Limited IPO is Not Available at the moment.

  7. What is the Subject to Sauda price for Mangalam Global Enterprise Limited IPO?

    The Subject to Sauda price for Mangalam Global Enterprise Limited IPO is Not Available at the moment.

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