Open Date

21 Sep 2023

25 Sep 2023


₹54.91 Cr

Lot Size

IPO Size

Listing At


Listing  Date

Price Range

₹80 per share

Close Date

Allotment Date

29 Sep 2023

05 Oct 2023

IPO Details

Mangalam Alloys Limited, a stainless steel-based product maker, was established in 1988. The company produces SS Ingots, SS Black Bar, SS RCS, SS Bright Round Bar, Bright Hex Bar, Bright Square Bar, Angle, Patti, Forgings, and Fasteners in a variety of sizes from 3 mm to 400 mm and more than 30 worldwide grades. By melting stainless steel scrap, rolling ingots into stainless steel rounds and flats, and then using a heat treatment annealing furnace and brilliant bar machine, Mangalam Alloys creates stainless steel ingots.

About the Company

The company intends to utilize the net proceeds from the issue towards the funding of the following objects: Working capital requirements Capital Expenditure for business expansion and research and Development General Corporate Purposes To meet issue expenses


The book-running lead managers to the offer are: Expert Global Consultants Pvt Ltd

Book Runners

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