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September 21, 2023 - September 25, 2023

Mangalam Alloys IPO FAQ

Mangalam Alloys IPO Date & Price

The Mangalam Alloys IPO opens on September 21, 2023 and closes on September 25, 2023.

Mangalam Alloys IPO timetable / schedule is as below:
  • Bid/Offer Opens On: September 21, 2023
  • Bid/Offer Closes On: September 25, 2023
  • Finalization of Basis of Allotment: September 2, 2023
  • Initiation of refunds: October 2, 2023
  • Credit of Equity Shares: October 3, 2023
  • Listing Date: October 4, 2023

Mangalam Alloys IPO price is set at ₹80 per equity share.

Mangalam Alloys IPO will close for subscription at 5 PM on September 25, 2023. But most brokers stop accepting application between 1 PM to 3 PM.

The Mangalam Alloys IPO starts on September 21, 2023. The issue ends on September 25, 2023.

Mangalam Alloys IPO Issue Size and Subscription Status

The Mangalam Alloys IPO size is 6864000 Equity Shares of ₹10 aggregating up to ₹54.91 Cr.

Mangalam Alloys Limited is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for Mangalam Alloys IPO shares through the banks (using ASBA) or through the broker (using UPI).

Mangalam Alloys IPO Offer Size

Qualified Institutional Buyers (QIB)0 Shares
Non-Institutional Investors (NII)3,259,200 Shares
Retail Individual Investor (RII)3,260,800 Shares
Employee Reservations0 Shares
Other Reservations0 Shares
Total Issue Size6,520,000 Shares

Mangalam Alloys IPO IPO Subscription Status

Qualified Institutional Buyers (QIB) times
Non-Institutional Investors (NII)2.41 times times
Retail Individual Investor (RII)8.73 times times
Employee Reservations times
Other Reservations times
Total Issue Size5.57 times times

Click here to check the Mangalam Alloys IPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in Mangalam Alloys IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting https://zerodha.com/ipo

You could check Mangalam Alloys IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

Mangalam Alloys IPO Allotment and Listing

The Mangalam Alloys IPO allot status will be available online on September 2, 2023. Check the Mangalam Alloys IPO Allotment Status here.

Click here to check Mangalam Alloys IPO Allotment Status.

Mangalam Alloys IPO listing Date is October 4, 2023. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The Mangalam Alloys IPO listing date and time is published by the exchange in a circular.

Click here to view the Mangalam Alloys IPO Basis of Allotment.

It is hard to say at what price Mangalam Alloys IPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The Mangalam Alloys IPO shares will list on October 4, 2023 at NSE SME.

Mangalam Alloys IPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about Mangalam Alloys IPO which could help you with questions like Mangalam Alloys IPO buy or not? You should also read Mangalam Alloys IPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

Mangalam Alloys IPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the Mangalam Alloys IPO performance. The performance reports are available 1 day after listing.