1.Company Information

Mangalam Alloys IPO is a fixed price issue of Rs 54.91 crores. The issue is a combination of fresh issue of 61.26 lakh shares aggregating to Rs 49.01 crores and offer for sale of 7.38 lakh shares aggregating to Rs 5.90 crores. Mangalam Alloys IPO opens for subscription on September 21, 2023 and closes on September 25, 2023. The allotment for the Mangalam Alloys IPO is expected to be finalized on Thursday, September 28, 2023. Mangalam Alloys IPO will list on NSE SME with tentative listing date fixed as Wednesday, October 4, 2023. Mangalam Alloys IPO price is ₹80 per share. The minimum lot size for an application is 1600 Shares. The minimum amount of investment required by retail investors is ₹128,000. The minimum lot size investment for HNI is 2 lots (3,200 shares) amounting to ₹256,000. Expert Global Consultants Private Limited is the book running lead manager of the Mangalam Alloys IPO, while Skyline Financial Services Private Ltd is the registrar for the issue. Refer to Mangalam Alloys IPO DRHP for detailed information.

2. Objective of the Issue

1. Working capital requirements

2. Capital Expenditure for business expansion and research and Development;

3. General Corporate Purposes; and

4. To meet issue expenses.

3.Mangalam Alloys IPO Registrar

Skyline Financial Services Private Ltd

Phone: 02228511022

Email: ipo@skylinerta.com

Website: Website: https://www.skylinerta.com/ipo.php