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
| Category | Subscription Numbers |
| NII | 2.41 |
| RII | 8.73 |
| Total | 5.57 |
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.
