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IPO

IPO Synopsis
Mangalam Global Enterprise Ltd
Registered Office: 101 Mangalam Corporate House,19/B Kalyan Society Nr MGI Sch , Ahmedabad - 380006 , Gujarat , India.
Phone : 91-79-26442555   Fax:
Email :  info@groupmangalam.com  
Website :  www.groupmangalam.com
Initial Public Offer consisiting of fresh issue of 42,30,000 equity shares of face value of Rs. 10 each fully paid of Mangalam Global Enterprise Limited ("the issuer" or "the company") for cash at a price of Rs. 51 per equity share (including a share premium of Rs. 41 per equity share) (the "issue price") aggregating Rs. 21.57 Crores (the "issue") of which 2,12,000 equity shares of face value Rs. 10 each for cash at a price of Rs. 51 per equity share, aggregating Rs. 1.08 Crores will be reserved for subscription by the market maker to the issue (the "market maker reservation portion"). The issue less market maker reservation portion i.e. Issue of 40,18,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 51 per equity share is hereinafter referred to as the "net issue". The issue and the net issue will constitute 26.34 % and 25.02 %, respectively of the fully diluted post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10 each and the issue price of Rs. 51 is 5.1 times of the face value of the equity shares of the face value of the Equity shares.

Issue Money Payable On
Opens On Closes On Application Allotment
15-Nov-19 20-Nov-19 Rs51.00-0.00 Rs0.00-0.00
Minimum Application for shares in Nos :2000  Further Multiples of :2000

  Rs Cr Lead Managers to the Issue
Project Cost 21.57
Pantomath Capital Advisors Pvt Ltd
Project Financed through Current Offer 21.57  
Post Issue Equity Share Capital 16.06  
Issue Price Rs51.00  
 
Projects
Fundind the Working Capital Requirements of the CompanyGeneral Corporate Purposes
Promoted By
Vipin Prakash Mangal
Chanakya Prakash Mangal
Chandragupt Prakash Mangal
Listing At
NSE - SME 
Registrar to the Issue
Link Intime India Pvt Ltd