Mangalam Seeds Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 540,000 (47%) | — | ₹270 Cr |
| Retail | — | 540,000 (47%) | — | ₹270 Cr |
| Market Maker | — | 60,000 (5%) | — | ₹3 Cr |
| Σ Total | — | 1,140,000 (100%) | — | ₹5,700 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 3,000 | ₹150,000 |
| Retail (Max) | 13 | 39,000 | ₹1,950,000 |
| S-HNI (Min) | 14 | 42,000 | ₹2,100,000 |
| B-HNI (Min) | 67 | 201,000 | ₹10,050,000 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 Funding Working Capital Requirement – 5.20
- 2 Funding Issue Expenses – 0.52
Company Overview
Incorporated in 2011, Mangalam Seeds Limited is engaged in producing high quality seeds with specialization in spices and forage crops. Company offers a wide range of seeds in categories like research seeds and hybrid seeds.
Research seeds are being produced by a backward integration process and offers natural nutrient qualities. These seeds require intensive research and are also called as pure seeds.
Hybrid seeds on the other hand, are produced through open pollination and cross pollination process.
Company has developed 16 varieties of seeds as of July 2015. Company also has a collection of around 976 varieties of germplasm in various crops. Mangalam Seeds products are being marketed under various brand names like Eklavya, Volina, Leetos, Juddo etc. Company has obtained 15 trademarks and already applied for 55 others to secure these brand names and logos.