Mangalam Alloys IPO Subscription Status – IPO Closed

Mangalam Alloys IPO subscription status started on Thursday, September 21, 2023 and will close on September 25, 2023. Mangalam Alloys IPO to raise around ₹54.91 crores via IPO. The retail quota is 50%, QIB is [.]% and NII is 50%. The price band is fixed at ₹80 per equity share.

Mangalam Alloys IPO

Table of Contents

The Mangalam Alloys IPO minimum market lot is 1600 with ₹128,000 application amount. The IPO is a NSE IPO, and it will list on NSE.

Mangalam Alloys has a unique integrated stainless steel, special steel & higher alloys steel melting, and further processing unit i.e. up to bright bar fasteners. The Company is a stainless steel unit manufacturing SS Ingots, Round Bar, RCS, Bright bar, different sections/ profiles like square, hex, angle, patti, etc., Forging and making fasteners. The Company has having integrated stainless steel manufacturing unit covering 40,000 sq. meters of land with an installed capacity of 25,000 TPA (Melting Capacity) with a turnover of Rs. 30,292.25 Lakhs in the financial year ending on 31 March 2023. Having situated in Ahmedabad, Gujarat, the fastest-growing city in India and the third in the world, the location of the Company is one of the primary factors of its growth.


IPOWatch View

We recommend investors may apply an IPO with Short-term and Long-term views. Investors should also look at the QIB, NII, and Retail numbers before investing.

Mangalam Alloys IPO Subscription Status – Day 3

CategorySubscription Numbers
NII2.41
RII8.73
Total5.57


Mangalam Alloys IPO Investor Categories

  • Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
  • Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
  • Retail Individual Investors (RII): Retail Individual Investors or NRIs
  • Employee (EMP): Eligible Employees
  • Others: Eligible Shareholders

Mangalam Alloys IPO Review

  • May Apply

Mangalam Alloys IPO Form

How to apply for the Mangalam Alloys IPO? You can apply for Mangalam Alloys IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Mangalam Alloys IPO in the Invest section. The other option is you can apply for Mangalam Alloys IPO via IPO forms downloaded via NSE. Check out the Mangalam Alloys forms – Click NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.

Mangalam Alloys IPO Subscription Status FAQs:


When Mangalam Alloys IPO Subscription will start?

The IPO subscription starts on September 21, 2023 for NII, and Retail Investors.

How to subscribe Mangalam Alloys IPO?

You can go with ASBA and Non-ASBA options for a subscription. Go to your bank account and apply for IPO online via ASBA or download the form online or get the physical form and submit the filled form to your broker or bank.

How do I check live Mangalam Alloys IPO Subscription Numbers Today?

One can visit our portal for live IPO subscription numbers that we are updating hourly basis from the official websites. One can check the live subscription on official websites on the particular IPO page.

How to Apply the Mangalam Alloys IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Mangalam Alloys”. 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. Open Demat Account with Zerodha.

How to Apply the Mangalam Alloys IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Mangalam Alloys”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Mangalam Alloys IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Mangalam Alloys” Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is the Mangalam Alloys IPO Allotment Date?

Mangalam Alloys IPO allotment date is September 29, 2023.

What is the Mangalam Alloys IPO Listing Date?

Mangalam Alloys IPO listing date is October 5, 2023. The IPO is to list on NSE.

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