Mangalam Global Enterprise Limited, IPO Issues Open Now Check Details

Mangalam Global Enterprise Limited, IPO Issues Open Now Check Details :- Mangalam Global Enterprise Mangalam Global Enterprise Limited is being focusing on being a forerunner in the Agri industry, generally dealing in Castor and Cotton. With an remarkable financial track record, Mangalam Global Enterprise limited has made a reliable place in the market.

Mangalam Global Enterprise Limited IPO

Incorporated in the year 2010, Mangalam Global Enterprise Limited is established by the Ahmedabad based Mangalam group. It is largely engaged in the business of manufacturing of Refined Castor Oil First Stage Grade (F.S.G.), Castor De-Oiled Cake as well as High Protein Castor De-Oiled Cake for domestic along with international markets. Castor oil mostly used in Lubricants, Paints, Sealants, Pharmaceuticals, Inks Cable Insulators, Textiles, and Rubber industries.

Other than this, it also manufactures Delineate Cotton Seeds and Cotton Bales (Lint Cotton). Mangalam Global also comprised in the trading business of Raw Cotton and Castor Seeds.

Mangalam Global IPO Details Here

The team of Mangalam Global Enterprise Limited is dedicated to attaining the best raw materials from both market as well as farms in order to increase the yields, profitability as well as the satisfaction of their customer.

Even though being new in the market, the company is at present being globally recognized because of the exceptional quality as well as well-timed deliveries in the international market. The company on the other hand it is dedicated to continually advance production through ground-breaking technologies and is progressively moving ahead towards instituting a name in the Castor Derivates market as well.

Mangalam Global IPO Tentative Date / Timetable

Its competitive strengths are: reliable quality output, expanded business model, domestic as well as global presence, strong customer base and so on.

Farpoint Enterprise LLP (Farpoint) as well as Hindprakash Castor Derivatives Private Limited (HCDPL) are the two subsidiaries of Mangalam Global with 51% stake.

Company Promoters:

The leading Promoter of the Company are as follows:

  1. Vipin Prakash Mangal
  2. Chanakya Prakash Mangal
  3. Chandragupt Prakash Mangal


Address: 101 Mangalam Corporate House,19/B Kalyan Society Nr MGI Sch, Ahmedabad, Gujarat, India.

Pincode: 380006

Telephone Number:  91-79-26442555




Company Financials:

Particulars For the year/period ended (in Rs. Lakhs)
  30-Jun-19 31-Mar-19 31-Mar-18 31-Mar-17
Total Assets 12,126.96 7,158.37 934.75 698.19
Total Revenue 14,649.93 38,995.21 2,689.83 268.71
Profit After Tax 99.60 244.95 25.89 9.41

Mangalam Global IPO Details

Issue Open 15th Nov 2019 to 20th Nov 2019
Issue Type Fixed Price Issue IPO
Issue Size

(aggregating up to ₹21.57 Cr)

4,230,000 Eq Shares of ₹10


Fresh Issue

(aggregating up to ₹21.57 Cr)

4,230,000 Eq Shares of ₹10


Face Value ₹10 Per Equity Share
Market Lot 2000 Shares
Listing At NSE SME


Issue Terms

Issue price / Floor Price (Rs) 51.00
Application per share (Rs) 51.00
Minimum investment amount (Rs) 102,000.00
Minimum bid (no of shares) 2000
Maximum Shares for Retail 2000


Issue Date And Size

Issue opens 15th November 19
Issue closes 20th November 19
Listing on NSE – SME
Issue size (Rs cr) 21.57