Mangalam Alloys Limited
ListedSMEMetals & Alloys · NSE
Incorporated in 1988, Mangalam Alloys Limited is a stainless-steel manufacturer producing SS ingots and various finished products like SS black bars, bright round/hex/square bars, angles, pattis, forgings, and fasteners in over 30 international grades, ranging from 3 mm to 400 mm. The company recycles stainless steel scrap, melts it using three furnaces, and converts it into rounds and flats through rolling, annealing, and bright bar processing. Its manufacturing unit spreads across 40,000 sq. meters with a 25,000 TPA melting capacity, and the company reported revenues of ₹30,292.25 lakhs in FY23, ₹30,936.90 lakhs in FY22, and ₹27,125.88 lakhs in FY21.
Price Band
₹80
Issue Size
₹54.91 Cr
Lot Size
1600 shares
GMP
—
Est. Listing
₹80
at current GMP
Subscribed
5.62x
overall
Open
21 Sep 2023
Close
25 Sep 2023
Allotment
27 Sep 2023
Refund
28 Sep 2023
Demat Credit
29 Sep 2023
Listing
4 Oct 2023
Last updated 12 days ago
Live Grey Market Premium
Mangalam Alloys Limited GMP Today
Last updated: 19 Oct 2026
Current Premium
₹00.0%
Issue Price (Upper)
₹80
Band: ₹80
Estimated Listing Price
₹80
Upper price + GMP
Lot Size
1600 shares
Min investment ₹1,28,000
Estimated Profit / Lot
₹0
1600 × ₹0
Mangalam Alloys Limited GMP Historical Trend
GMP History
Grey Market Premium trend
—
▲ 0 today
Updated 1 minute ago
Estimated Listing Price
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | — | 0.0% | ₹80 |
| 30 Oct 2026 | — | 0.0% | ₹80 |
| 29 Oct 2026 | — | 0.0% | ₹80 |
GMP is unofficial market data. Not a guarantee of listing performance.
About Mangalam Alloys Limited Public Issue & Market Profile
Mangalam Alloys Limited is bringing an initial public offering (IPO) in the Metals & Alloys sector with an aggregate issue size of ₹54.91 Crores. The shares are offered at a price band of ₹80 to ₹80 per equity share on NSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
Public Issue & Pricing Context:
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Basis of Allotment & Listing Timeline:
Following the close of bidding on 2023-09-25, the basis of allotment is scheduled to be finalized on 2023-09-27. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Skyline Financial Services Private Limited) or the BSE allotment checking window.
Frequently Asked Questions
What is Mangalam Alloys Limited IPO GMP today?
The latest grey market premium for Mangalam Alloys Limited IPO is ₹0, which indicates an expected listing price of ₹80.
What does Kostak Rate and Sauda mean in IPO GMP?
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
Is Grey Market Premium officially recognized?
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.