Mangalam Global Enterprise Limited
IPO Details
Subscription
Lot Distribution
Reservation
Company Fin.
₹0(0.00%)
Premium (ELP)
The public market debut of Mangalam Global Enterprise Limited's was completed on Nov 27, 2019 with its listing on the NSE exchange. The IPO process raised 42,30,000 Shares in total capital, consisting of 42,30,000 Shares in new equity.
The offering featured a price range of ₹51 to ₹51 and minimum application size of 2000 shares. Investor response during the subscription period from Nov 15, 2019 to Nov 20, 2019 influenced the final allotment ratios across investor categories.
Final allotment was announced on Nov 26, 2019, distributing shares to successful subscribers. The listing established a continuous market for the company's shares, enabling liquidity, valuation transparency, and broader investor participation.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
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.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Consistently delivers high-quality products
- Offers a diverse range of services
- Operates both domestically and globally
- Has a strong and loyal customer base
NA
- Mr. Vipin Prakash Mangal
- Mr. Chanakya Prakash Mangal
- Mr. Chandragupt Prakash Mangal
Mangalam Global Enterprise Limited
Link Intime India Private Limited