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Mangalam Alloys Limited IPO

Mangalam Alloys Limited was a SME IPO in the Iron & Steel Products sector, offered at ₹80–₹80 per share to raise ₹55 crore. It listed on 4 Oct 2023 at ₹80 and closed its first day at ₹76, a listing loss of -5.0% versus the ₹80 issue price.

Frequently asked questions

What were the Mangalam Alloys Limited IPO listing gains?
Mangalam Alloys Limited listed on 4 Oct 2023 at ₹80, closing its first day at ₹76 — a listing loss of -5.0% versus the ₹80 issue price.
What was the price band and lot size of the Mangalam Alloys Limited IPO?
The price band was ₹80–₹80 per share, with a minimum lot of 1,600 shares (₹1,28,000 at the upper band).
Who were the registrar and lead manager for the Mangalam Alloys Limited IPO?
Skyline Financial Services Private Limited was the registrar, and Expert Global Consultants was the book-running lead manager.