Mangalam Alloys IPO — Listing Performance
Mangalam Alloys IPO facts & figures
| Issue category | SME |
|---|---|
| Issue open date | 21 Sep 2023 |
| Listing date | 4 Oct 2023 |
| Issue price | ₹80 |
| Listing-day close | ₹76 (-5%) |
| Recent market price | ₹48.70 (-39.13% vs issue) |
| 52-week range | ₹29.05 – ₹61.25 |
| Identifiers | NSE: MAL · ISIN: INE00C401011 |
How the listing went
Mangalam Alloys listed at a discount, closing its first day 5% below the issue price.
Mangalam Alloys against every other debut on record
- Rank in 2023: 156 of 172 NSE debuts, on a -5% first-day close.
- 9th percentile of 116 SME debuts in 2023 (median 20.72%).
- 24th of 26 debuts in October 2023.
- Opened 0% above issue, then gave up 5 points to the close.
- Day-one range ₹76 to ₹80: a 5% swing on the issue price.
- Last close ₹48.70 (11 Sep 2026): 39.13% below issue, against -5% on day one.
- 61% up its 52-week range of ₹29.05 to ₹61.25.
- Listed 9 calendar days after close.
- All 601 SME debuts on record: median 14.22%, 79% closed above issue.
Computed over 1109 verified NSE debuts to 11 Sep 2026 · sources