
Consumer Staples / Agro Products & Oils · NSE
Mangalam Global Enterprise Limited, established in 2010 by the Mangalam Group in Ahmedabad, is engaged in manufacturing refined castor oil (F.S.G.), castor de-oiled cake, and high-protein castor de-oiled cake for domestic and international markets, with castor oil widely used across industries such as lubricants, pharmaceuticals, paints, textiles, rubber, and inks. The company also manufactures cotton seeds and cotton bales and trades in raw cotton and castor seeds. It operates a cotton processing unit in Harij, Gujarat, along with two castor processing units in Harij and Palanpur, having a combined daily capacity of about 220 MT of castor de-oiled cake and 225 MT of refined castor oil. Its products are supplied across multiple Indian states and exported to countries like Thailand and Oman, and the company holds a 51% stake in its subsidiaries, Farpoint Enterprise LLP and Hindprakash Castor Derivatives Private Limited.
Price Band
₹51
Issue Size
₹21.57 Cr
Lot Size
2000 shares
GMP
Est. Listing
₹51
at current GMP
Subscribed
—
Open
15 Nov 2019
Close
20 Nov 2019
Allotment
26 Nov 2019
Refund
27 Nov 2019
Demat Credit
28 Nov 2019
Listing
27 Nov 2019
Designated Registrar: Link Intime India Private Limited
Allotment Date
26 Nov 2019
Basis finalization
Refunds Initiate
27 Nov 2019
Mandate release
Demat Credit
28 Nov 2019
Shares in demat
Listing Debut
27 Nov 2019
Trading begins
Mangalam Global Enterprise Limited is bringing an initial public offering (IPO) in the Consumer Staples / Agro Products & Oils sector with an aggregate issue size of ₹21.57 Crores. The shares are offered at a price band of ₹51 to ₹51 per equity share on NSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 2000 shares (approx. ₹1,02,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Link Intime India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2019-11-28, while un-allotted funds or UPI block mandates will be released on 2019-11-27.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.