The Mangalam Alloys IPO Subscription Status has started on September 21, 2023, and it is also being subscribed to by QIB, NII, and RII. The Mangalam Alloys IPO has opened on 21 September 2023 and closes on 25 September 2023. Mangalam Alloys IPO is preparing to raise ₹54.91 crores through its Fresh Issue and Offer for Sale, in which the Fresh Issue is ₹49.01 crores and the Offer Sale is ₹5.90 crores, and the Mangalam Alloys IPO price band is fixed at ₹80 per share. You can check Mangalam Alloys IPO GMP here.
Mangalam Alloys Limited is a manufacturer unique integrated stainless steel products. The company manufactures stainless steel unit manufacturing SS Ingots, Round Bar, RCS, Bright bar, different sections/ profiles like square, hex, angle, patti, etc, Forging and making fasteners more than 30 international grades and in the size range from 3 mm to 400 mm.
Mangalam Alloys IPO reserved shares in this IPO, 50% for NII, and 50% for the retail category have been reserved. To know the Mangalam Alloys IPO Subscription Status, you can see the below-day Subscription.
Mangalam Alloys IPO Review :
| Details | Valuation |
| PAT 2023 : Issue Price : EPS 2023 : PE Ratio : ROE : RoNW : ROCE : Debt/Equity : NAV Value : Total Assets : Market Cap : Pre Holding : Post Holding : | ₹10.14 Cr ₹80 Per Shares 5.46 14.65x 12.82 % 13.70 % 20.92 % 1.94 ₹42.58 ₹332.02 Cr ₹197.49 Cr 81.17 % 59.74 % |
| Team Review : | ✔ Apply For Long Term |
Mangalam Alloys IPO Subscription Status {Live Update} :
The total Mangalam Alloys IPO Subscription Status subscribed 5.57x times so far, with NII subscribed 2.41x times & RII 8.73x times on Day 3. (Closed)
| Category | Day 1 | Day 2 | Day 3 |
| NII : | 0.56x | 0.90x | 2.41x |
| RII : | 1.31x | 3.76x | 8.73x |
| Total : | 0.93x | 2.33x | 5.57x |
Mangalam Alloys IPO Shares Offer :
Mangalam Alloys IPO is a public issue of 68,64,000 equity shares. The issue offers 32,60,800 shares for non-institutional investors, and 32,59,200 shares for retail investors.
| Category | Shares | Amount |
| NII : | 32,60,800 | ₹26.09 Cr |
| RII : | 32,59,200 | ₹26.07 Cr |
| MMRP : | 3,44,000 | ₹2.75 Cr |
| Total : | 68,64,000 | ₹54.91 Cr |
Mangalam Alloys IPO Subscription Status FAQs :
How much was the total Mangalam Alloys IPO Subscription Status?
The total Mangalam Alloys IPO Subscription Status 5.57x times Day 3.
How much is the Mangalam Alloys IPO retail subscription Status?
Mangalam Alloys IPO Retail Subscription 8.73x times Day 3.
How much did Mangalam Alloys IPO NII subscribe?
Mangalam Alloys IPO NII Subscription 2.41x times Day 3.
How much is Mangalam Alloys IPO Investors Portion?
The investors’ portion for QIB 0%, NII 50%, RII 50%.
When is Mangalam Alloys IPO Allotment Date?
Mangalam Alloys IPO allotment date is 28 September 2023.
When is Mangalam Alloys IPO Listing Date?
Mangalam Alloys IPO listing date is 04 October 2023. The IPO to list on NSE, SME.
How to Apply the Mangalam Alloys IPO through Zerodha?
Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Mangalam Alloys IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Mangalam Alloys IPO through Upstox?
Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Mangalam Alloys IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Mangalam Alloys IPO through Groww?
Log in to Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Mangalam Alloys IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Mangalam Alloys IPO through Paytm Money?
Log in to the Paytm Money Website or app. Now you can see Invest is IPOs Section and Click on IPO. You will see the IPO Name “Mangalam Alloys IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
| Mangalam Alloys IPO GMP: Click Here Mangalam Alloys IPO Details: Click Here Mangalam Alloys IPO Allotment: Click Here Mangalam Alloys IPO Listing: Click Here |
All Mangalam Alloys IPO-related links are available here. If you want to know the details then click on Click Here Link.
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