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IPO of Maxwell Engineering Solutions Limited (NSE Emerge) opens on 30 October 2026 and closes on 3 November 2026. Price band ₹150–₹158 per share. JDA Capital Services Limited is the Book Running Lead Manager.Dear Investor, please note that the account closing facility is now available online and can be accessed with your login credentials on https://rekyc.beelinebroking.com/. For the detailed procedure, see the Online Account Closure Procedure Manual (PDF).Stock brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020.Update your mobile number & email ID with your stock broker / depository participant and receive OTP directly from the depository on your email ID and/or mobile number to create a pledge.Pay 20% upfront margin of the transaction value to trade in the cash market segment.Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 and other guidelines issued from time to time in this regard.Check your Securities / MF / Bonds in the consolidated account statement issued by NSDL/CDSL every month.Investors may please refer to the Investor Charter as per SEBI circular Ref No. SEBI/HO/IMD/IMD-II CIS/P/CIR/2 dated December 13, 2021.View all Notices

Home/Recent Deals/Mangalam Worldwide Limited

Deal details

Mangalam Worldwide Limited

Lead Manager to the Public Issue (SME IPO) of ₹65.58 Cr, listed on NSE Emerge (SME) in 2022.

Completed

Deal at a Glance

Key terms of JDA Capital's mandate for the SME IPO of Mangalam Worldwide Limited on NSE Emerge (SME).

RoleLead Manager
TypePublic Issue (SME IPO)
SectorSteel (Stainless Steel)
Issue size₹65.58 Cr
ExchangeNSE Emerge (SME)
Year2022

IPO Timetable (Tentative)

Key dates of the Mangalam Worldwide Limited SME IPO (30 Jun 2022 to 11 Jul 2022).

  1. 1IPO Open30 Jun 2022
  2. 2IPO Close04 Jul 2022
  3. 3Allotment07 Jul 2022
  4. 4Refund08 Jul 2022
  5. 5Credit of Shares11 Jul 2022
  6. 6Listing11 Jul 2022

About Mangalam Worldwide Limited

Updated on 24 Oct 2026

Gujarat-based integrated stainless steel maker, from scrap melting to seamless pipes and tubes; also trades steel products (incorporated 1995).

30 Jun 2022 to 04 Jul 2022: the company raised ₹65.58 Cr through a Public Issue (SME IPO) at ₹101 per share (face value ₹10, lot size 1,200 shares). Shares listed on NSE Emerge (SME) on 11 Jul 2022 (opening price ₹102.00).

JDA Capital Services Limited acted as Lead Manager to the issue. Registrar: MUFG Intime India Private Limited (formerly Link Intime). Market maker: Sunflower Broking Private Limited.

Currently listed on NSE Mainboard & BSE Mainboard. The company has migrated from the SME platform to the Main Board.

Transaction Overview

Issue terms of the Mangalam Worldwide Limited SME IPO, with JDA Capital as Lead Manager.

InstrumentEquity Shares (Public Issue, SME IPO)
Issue size₹65.58 Cr
ExchangeNSE Emerge (SME)
Role of JDA CapitalLead Manager
Face value₹10 per share
Issue price₹101 per share
Lot size1,200 shares
Shares offered64,93,200
Issue typeFixed Price Public Issue
Listing price₹102.00
Subscription1.16x

Registrar, Lead Manager & Contact Details

Registrar, lead manager, market maker and company contact details for the Mangalam Worldwide Limited SME IPO.

IPO Registrar

MUFG Intime India Private Limited (formerly Link Intime)

IPO Lead Manager(s)

  1. JDA Capital Services Limited

Market Maker

  • Sunflower Broking Private Limited

Lead Manager Reports

Contact Details

Mangalam Worldwide Limited. Address

102, Mangalam Corporate House, 42, Shrimali Society, Netaji Marg, Mithakhali, Navrangpura, Ahmedabad 380009, Gujarat

How JDA Capital Supported the Transaction

JDA Capital's role as Lead Manager to the Mangalam Worldwide Limited SME IPO, from first review to listing.

  1. Understand

    Reviewed Mangalam Worldwide's business, track record and funding needs to assess readiness for an SME listing.

  2. Evaluate

    Assessed financials, governance and eligibility against NSE Emerge platform requirements and SEBI ICDR norms.

  3. Structure

    Structured a fixed price public issue of 64,93,200 equity shares at ₹101 per share (face value ₹10).

  4. Execute

    Managed due diligence, offer document, regulatory filings and the issue process: open 30 Jun 2022, close 04 Jul 2022, allotment 07 Jul 2022.

  5. Create Value

    Listed on NSE Emerge (SME) on 11 Jul 2022. The company is currently listed on NSE Mainboard & BSE Mainboard. The company has migrated from the SME platform to the Main Board.

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  1. 01

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  2. 02

    We review and respond

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  3. 03

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