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Open
15 Nov 2019
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Close
20 Nov 2019
3
Allotment
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Listing
Wed, Nov 27, 2019
Price Band
₹51 per share
Issue Size
42,30,000 shares (agg. up to ₹22 Cr)
Lot Size
2,000 Shares
Listing Date
Wed, Nov 27, 2019
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.12x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Jun 2019 | 31 Mar 2019 | 31 Mar 2018 | 31 Mar 2017 |
|---|---|---|---|---|
| Assets | 90.96 | 47.15 | 9.35 | 6.98 |
| Total Income | 145.93 | 330.04 | 26.90 | 2.69 |
| Profit After Tax | 1.05 | 2.17 | 0.26 | 0.09 |
| EBITDA | 2.52 | 5.84 | 0.42 | 0.17 |
| NET Worth | 33.48 | 32.43 | 5.35 | 0.09 |
| Reserves and Surplus | 31.16 | 30.10 | 4.80 | 0.04 |
| Total Borrowing | 53.07 | 11.16 | 2.39 | 6.20 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding the working capital requirements of our Company | 17.00 |
| 2 | General Corporate Purposes | 4.10 |
About Mangalam Global Enterprise IPO
Incorporated in 2010, Mangalam Global Enterprise Limited is set up by Ahmedabad based Mangalam group. It is mainly engaged in the business of manufacturing of Refined Castor Oil First Stage Grade (F.S.G.), Castor De-Oiled Cake and High Protein Castor De-Oiled Cake for domestic and international markets. Castor oil mainly used in Lubricants, Paints, Sealants, Pharmaceuticals, Inks Cable Insulators, Textiles, and Rubber industries.Apart from this, it also manufactures Delineate Cotton Seeds and Cotton Bales (Lint Cotton). Mangalam Global also involved in the trading business of Raw Cotton and Castor Seeds. Company's one cotton processing unit is located at Harij, Gujarat and two castor processing units located at Harji and Palanpur. Both the units have a capacity of producing 220 MT Castor De-Oiled Cake per day and 225 MT Castor Refined Oil (F.S.G.) per day. They supply their products in states such as Gujrat, Maharashtra, Rajasthan, Delhi, and West Bengal. Also, the company exports products in countries like Thailand and Oman.Farpoint Enterprise LLP (Farpoint) and Hindprakash Castor Derivatives Private Limited (HCDPL) are the two subsidiaries of Mangalam Global with 51% stake. Compe
Contact Details
Mangalam Global Enterprise Ltd. AddressMangalam Corporate House19 / B, Kalyan SocietyNear M G Int School, MithakhaliAhmedabad, Gujarat, 380006+91-9099978946info@groupmangalam.comVisit Website