What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the current subscription status of Mangalam Worldwide Limited IPO?

Mangalam Worldwide Limited IPO has received a total subscription of 1.33 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Mangalam Worldwide Limited

ListedSME

Materials / Industrial Goods · NSE

Mangalam Worldwide Limited, founded in 1995, manufactures stainless steel products including SS Billets and SS Flat Bars, and also trades in steel-related materials like scrap and ferro alloys. The company operates two plants: Unit I in Halol with a 66,000 MT per year capacity for SS Billets, and Unit II in Changodar with a 90,000 MT per year rolling capacity for SS Flat Bars. Mangalam Worldwide serves customers across Rajasthan, Gujarat, Maharashtra, and Uttar Pradesh in industries such as food and dairy equipment, utensils, oil and gas, aerospace, and medical devices, and also exports products to Brazil.

Price Band

₹101

Issue Size

₹65.58 Cr

Lot Size

1200 shares

GMP

—

Est. Listing

₹101

at current GMP

Subscribed

1.33x

overall

Open

30 Jun 2022

4 Jul 2022

Allotment

8 Jul 2022

Refund

9 Jul 2022

Demat Credit

10 Jul 2022

Listing

11 Jul 2022

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

1.33x

Total Demand

QIB Multiplier

0.00x

Institutions & Funds

NII / HNI

0.00x

High Net-Worth

Retail (RII)

0.00x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 1.33x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
Qualified Institutional (QIB)	3,246,535	—	0.00x
Non-Institutional (NII / HNI)	973,960	—	0.00x
Retail Individual (RII)	2,272,574	—	0.00x
Total	6,493,069	0	1.33x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 1.33x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	1,894	2,519	1.33x
HNIs (10L +)	12	16	1.33x
HNIs (2-10L)	58	77	1.33x
Total Applications	1,964	2,612	1.33x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

About Mangalam Worldwide Limited Public Issue & Market Profile

Mangalam Worldwide Limited is bringing an initial public offering (IPO) in the Materials / Industrial Goods sector with an aggregate issue size of ₹65.58 Crores. The shares are offered at a price band of ₹101 to ₹101 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.

Bidding & Quota Instructions:

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.

Allotment Reconciliation Schedule:

Following the close of bidding on 2022-07-04, the basis of allotment is scheduled to be finalized on 2022-07-08. 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 (Link Intime India Private Limited) or the BSE allotment checking window.

Frequently Asked Questions

What is Mangalam Worldwide Limited IPO GMP today?

Currently, Mangalam Worldwide Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹101 to ₹101 per equity share.

What is the expected profit per lot for Mangalam Worldwide Limited IPO?

The retail lot size is 1200 shares requiring a minimum application amount of ₹1,21,200. Expected listing price is ₹101 per equity share.

What is the issue size and price band for Mangalam Worldwide Limited IPO?

The Mangalam Worldwide Limited IPO aggregate issue size is ₹65.58 Crores with an equity price band set at ₹101 to ₹101 per equity share. The retail lot size is 1200 shares requiring a minimum capital outlay of approx. ₹1,21,200.

How can I check Mangalam Worldwide Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 1.33x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.

Where and when will Mangalam Worldwide Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2022-07-08. Investors can verify status using PAN card or application number.

When is the listing date for Mangalam Worldwide Limited IPO?

Mangalam Worldwide Limited shares are scheduled to list on NSE on 2022-07-11.