Loading...
Guest User
Welcome! Please login.
| IPO Listing At | NSE SME |
| SME IPO Issue Type | Fixed Price Issue |
| Total Issue Size | ₹54.91 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹54.91 Cr |
| Fresh Issue | ₹46.26 Cr |
| Offer for Sale | ₹5.90 Cr |
| Face Value | ₹10 Per Equity Share |
| Issue Price | ₹80.00 per share |
| Discount | Retail: 0.00 |
| NSE Code | MAL |
| Registrar | Skyline Financial Services Pvt.Ltd. |
| Lead Managers | Expert Global Consultants Pvt.Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 1,600 shares and in multiples thereof
Incorporated in 1988, Mangalam Alloys Limited is a manufacturer of stainless-steel-based products.
The company manufactures SS Ingots, SS Black Bar, SS RCS, SS Bright Round Bar, Bright Hex Bar, Bright Square Bar, Angle, Patti, Forgings, and Fasteners in more than 30 international grades and in the size range from 3 mm to 400 mm.
Mangalam Alloys manufactures stainless steel ingots through three furnaces by melting stainless steel scrap, rolling ingots to stainless steel rounds & flats followed by a heat treatment annealing furnace and bright bar unit. Its manufacturing unit spread across 40,000 sq. meters of land, has an installed capacity of 25,000 TPA (Melting Capacity).
The company recorded Rs. 30,292.25 Lacs, Rs. 30,936.90 Lacs, and Rs. 27,125.88 Lacs in revenue from operation in fiscal 2023, 2022, and 2021 respectively.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Working capital requirement; | 27.00 |
| 2 | Capital Expenditure for business expansion and research and Development; | 5.33 |
| 3 | General Corporate Purposes; and | 12.25 |
| Period Ended | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|
| Assets | 332.02 | 300.67 | 312.11 |
| Total Income | 308.18 | 309.74 | 271.91 |
| Profit After Tax | 10.14 | 5.05 | -6.54 |
| NET Worth | 79.03 | 68.95 | 63.90 |
| Reserves and Surplus | 60.47 | 50.39 | 45.34 |
| Total Borrowing | 153.53 | 163.62 | 167.70 |
| Amount in ₹ Crore | |||
| KPI | |
|---|---|
| ROE | 12.82% |
| ROCE | 20.92% |
| Debt / Equity | 1.94% |
| RoNW | 13.70% |
| PAT Margin | -122.06% |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (₹) | 5.46 | |
| P/E (x) | 14.65 | 19.46 |
| Promoter Holding | 81.17% | 59.74% |
| Market Cap | ₹197.49 Cr. | |
