Mangalam Alloys Ltd IPO |
Registered Office:
PNo 3123-3126 GIDC Phase III,Chhatral Dis
,
Gandhinagar
-
382729
,
Gujarat
, India.
Phone :
91-02764-232064/23/2025 Fax:
Email : cs@mangalamalloys.com
Website : www.mangalamalloys.com
|
| Initial public issue of upto 68,64,000 equity shares of face value of
(Rs)10 each of Mangalam Alloys Limited (the "Company" or the "Issuer") for cash at a price of (Rs)80/- per equity share including a share premium of
(Rs)70/- per equity share (the "Issue Price") aggregating to (Rs)54.91 crores ("The Issue"), comprising a fresh issue of up to 61,26,400 equity shares aggregating up to (Rs)49.01 crores by the company ("Fresh Issue") and an offer for sale of up to 7,37,600 equity shares aggregating up to (Rs)5.90 crores ("Offered Shares") by the selling shareholders comprising upto 3,16,800 equity shares aggregatingup to (Rs)2.53 croress by Unison Forgings Private Limited ("The Promoter Group Selling Shareholder") and up to 4,20,800 equity shares aggregating up to (Rs)3.37 crores by Kamal Krushna Mishra ("Other Selling Shareholder"), (the promoter group selling shareholders and the other selling shareholders, collectively referred to as the "Selling Shareholders") ("Offer for Sale", together with the fresh issue, the "Offer").
The offer consists up to 3,44,000 equity shares of face value of (Rs)10 each for cash at a price of (Rs)80 per equity share including a share premium of (Rs)70 per equity share aggregating to (Rs)2.75 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 65,20,000 equity shares of face value of (Rs)10 each at a price of (Rs)80 per equity share aggregating to (Rs)52.16 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 27.81% and 26.41% respectively of the post issue paid up equity share capital of the company.
|
| Issue |
Money Payable On |
| Opens On |
Closes On |
Application |
Allotment |
| 21-Sep-23 |
25-Sep-23 |
(Rs)80.00-0.00 |
(Rs)0.00-0.00 |
| Minimum Application for shares in Nos :1600 Further Multiples of :1600 |
| |
(Rs Cr) |
Lead Managers to the Issue |
| Project Cost |
44.58 |
| Expert Global Consultants Pvt Ltd |
|
| Project Financed through Current Offer |
54.91 |
|
| Post Issue Equity Share Capital |
24.69 |
|
| Issue Price |
(Rs)80.00 |
|
|