Mangalam Alloys IPO Subscription Details

Fixed Price IPO | ₹55 Cr | Listed at NSE SME | Thu, Sep 21, 2023 - Mon, Sep 25, 2023

Basis of Allotment - Mangalam Alloys IPO

Details NII Retail Total
Allocation (No. of shares)32,59,20032,60,80065,20,000
Allotment price (Rs.)808080
No.of applications1,10317,22018,323
No.of shares applied74,44,8002,75,52,0003,49,96,800
Amount collected (Rs.cr.)59.56 220.42 279.97
No.of times subscribed2.288.455.37
No.of shares allotted13,85,60051,34,40065,20,000
Amount (Rs.cr.)11.08 41.08 52.16
No.of allottees5073,2093,716

IPO Shares Offered

Mangalam Alloys IPO is a public issue of 0.65 Cr equity shares. The issue offers 0.33 Cr shares to retail investors , 0.33 Cr shares to other investors. The other investors include applicants other than retail i.e. HNI, corporates, institutions, (NII and QIB).

CategoryShares OfferedAmt (₹ Cr.)Size (%)
Market Maker3,44,0002.75 5.01%
Other* 32,59,20026.07 47.48%
Retail32,60,80026.09 47.51%
Total68,64,00054.91 100%

IPO Subscription FAQs

The Mangalam Alloys IPO is subscribed 5.57 times by Sep 25, 2023 19:29.

Mangalam Alloys IPO Subscription

Investor Category Subscription (times)
Qualified Institutional
Non Institutional2.41
Retail Individual8.73
Total Subscription5.57

Retail category of Mangalam Alloys IPO subscribed 8.73 times as of date Sep 25, 2023 19:29. The public issue closes on Mon, Sep 25, 2023 for bidding.

An investor can apply in Mangalam Alloys IPO online via bank (using ASBA) or the broker (using UPI). The Mangalam Alloys IPO shares are offered online only.

The Mangalam Alloys IPO is subscribed 5.57 times by Sep 25, 2023 19:29.

The Mangalam Alloys IPO allotment status is expected on or around Saturday, September 2, 2023. Visit Mangalam Alloys IPO allotment status to check.

The Mangalam Alloys IPO listing date is October 4, 2023. The equity share of Mangalam Alloys IPO will list on NSE SME.

Visit Mangalam Alloys IPO subscription status page for real-time bidding information about Mangalam Alloys IPO.

Mangalam Alloys IPO Timetable

IPO opens OnThursday, September 21, 2023
IPO Closes OnMonday, September 25, 2023
Finalisation of Basis of AllotmentSaturday, September 2, 2023
Initiation of RefundsMonday, October 2, 2023
Credit of Shares to Demat AccountTuesday, October 3, 2023
IPO Listing DateWednesday, October 4, 2023
Open an Instant Account with Zerodha