Mangalam Worldwide Ltd - IPO

Mangalam Worldwide Ltd IPO Details

Public issue of 6493200 equity shares of face value of Rs. 10 each of Mangalam Worldwide Limited (MWL or the Company or the Issuer) for cash at a price of Rs. 101 per equity share including a share premium of Rs. 91 per equity share (the Issue Price) aggregating to Rs. 65.58 crores (The Issue), of which 325200 equity shares of face value of Rs. 10 each for cash at a price of Rs. 101 per equity share including a share premium of Rs. 91 per equity share aggregating to Rs. 3.28 croress will be reserved for subscription by market maker to the issue (the Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. net issue of 6168000 equity shares of face value of Rs. 10 each at a price of Rs. 101 per equity share including a share premium of Rs. 91 per equity share aggregating to Rs. 62.30 crores is herein after referred to as the Net Issue. The issue and the net issue will constitute 26.50% and 25.17% respectively of the post issue paid up equity share capital of the company.

Objective of issue

To Meet Working Capital Requirements. General Corporate Purposes.

Mangalam Worldwide Ltd Contact Details

Mangalam Worldwide Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

Phone - 91-22-49186000

Fax - 91-22-49186060

Email - cs.mwpl@groupmangalam.com

Website - www.mangalamsaarloh.com