The Mangalam Global Enterprise Limited date has been confirmed from June 3, 2024 – June 12, 2024.
Incorporated in 2010, Mangalam Global Enterprise Limited manufactures and trades edible and non-edible oils, including soya oil, mustard oil, and refined vegetable oil. They also trade agricultural products such as wheat and rice domestically and for export.
The company distributes its products in key states including Gujarat, Rajasthan, Delhi, Maharashtra, and West Bengal. Also, the company exports its products to countries such as China, Thailand, France, Belgium, Oman, the Netherlands, Mexico, and Turkey. The company falls under the category of a 2 Star Export House.
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Key Details Of Mangalam Global Enterprise Limited
Bidding Dates
June 3- 12
Issue Size
₹41.20 Crores
Face Value
₹2 per share
Record Date
May 24, 2024
Mangalam Global Enterprise Limited Record Date
The Mangalam Global Enterprise Record Date is May 24, 2024.
IPO Overview
The Mangalam Global Enterprise Limited Record Date is May 24, 2024. The eligible shareholders are being offered 1 Rights Equity Share(s) for every 7 fully paid-up Equity Shares held on Record Date (May 24, 2024). The record date for the Mangalam Global Enterprise Rights Issue 2024 is May 24, 2024.
Mangalam Global Enterprise Limited Rights Issue Detail
| Issue Open | June 3, 2024 – June 12, 2024 |
| Security Name | Mangalam Global Enterprise Limited |
| Issue Size (Shares) | 20,600,000 |
| Issue Size (Amount) | ₹41.20 Crores |
| Issue Price | ₹20 per share |
| Face Value | ₹2 per share |
| Listing At | NSE |
| Terms of Payment | The entire amount of the Issue Price of ₹20 per Rights Equity Share shall be payable at the time of Application. |
| Entitlement | 1 Rights Equity Share(s) for every 7 fully paid-up Equity Shares held on Record Date |
Mangalam Global Enterprise Limited Rights Issue 2024 Issue Timetable
| Last Date to buy shares | May 23, 2024 |
| Record Date | May 24, 2024 |
| Credit of Rights Entitlements | |
| Bid/Offer Opens On | June 3, 2024 |
| Renunciation of Rights Entitlements | June 7, 2024 |
| Bid/Offer Closes On | June 12, 2024 |
| Deemed Date of Allotment | June 14, 2024 |
| Credit Date | June 17, 2024 |
| Listing Date | June 19, 2024 |
Mangalam Global Enterprise Limited Financial Information
| Period Ended | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 439.17 | 270.89 | 221.91 |
| Revenue | 1,430.44 | 1,283.22 | 964.69 |
| Profit After Tax | 12.70 | 3.61 | 4.74 |
| Reserves and Surplus | 86.71 | 53.64 | 44.51 |
| Total Borrowing | 238.31 | 119.94 | 121.30 |
| Amount in ₹ Crore | |||
Company Profile
Mangalam Group is a global company that has been around for eight decades since 1942 in Beawar, Rajasthan. Mr. Vipin Prakash Mangal is the chairman. They are involved in agriculture, stainless steel, e-waste management, specialty chemicals, and structured finance. Mangalam Group Worldwide aims for inclusive growth and contributes to society.
Mr. Vipin Prakash Mangal is leading the group alongside his sons, Mr. Chanakya Prakash Mangal and Mr. Chandragupt Prakash Mangal. They are working together to continue the group’s proud
legacy of developing society and meeting the basic needs of the people. They are committed to providing high-quality products and services, setting new industry trends, and ensuring the confidence of all stakeholders through innovation, continuous improvement, and growth.
Registrar Info
| Name | Link Intime India Private Ltd |
| Phone number | +91-22-4918 6270 |
| Email ID | [email protected] |
| Website | linkintime.co.in |
Contact Details
| Name | Gujarat Toolroom Ltd. |
| Phone number | +91 79 61615000 |
| Email ID | [email protected] |
| Website | groupmangalam.com |
IPO Strengths
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
Mangalam Global Enterprise Limited IPO FAQs
What is the issue price for Mangalam Global Enterprise Rights Issue 2024?
Mangalam Global Enterprise Rights Issue 2024 price is set at ₹20 per share per equity share.
In what ratio is the Mangalam Global Enterprise Rights Issue 2024 offered?
The eligible shareholders are being offered 1 Rights Equity Share(s) for every 7 fully paid-up Equity Shares held on Record Date (May 24, 2024).
What is the record date for Mangalam Global Enterprise Rights Issue 2024?
The record date for the Mangalam Global Enterprise Rights Issue 2024 is May 24, 2024.
What is the issue size of Mangalam Global Enterprise Rights Issue 2024?
The issue size of Mangalam Global Enterprise Rights Issue 2024 is of 20,600,000 equity shares at ₹20 per share aggregating upto ₹41.20 Crores.
