Manglam Infra and Engineering IPO Details ( Manglam Infra and Engineering Limited IPO Review )
(24 July 2024 – 26 July 2024)
Manglam Infra and Engineering Limited, established in 2010, specializes in managing infrastructure projects. They focus on creating detailed project reports, supervising quality, and handling the operation and maintenance of highways, bridges, tunnels, and urban buildings.
Services Offered
Manglam Infra provides a range of services, including:
- Design and Engineering: Crafting innovative designs and engineering solutions.
- Procurement and Construction: Handling all aspects of procurement and construction.
- Project Management: Offering integrated project management services.
Their specific services encompass:
- DPR and Feasibility Studies
- Operations & Maintenance
- Project Management Consultancy
- Independent Consultancy
- Project Planning and Designing
- Estimation and Supervision
- Quality Control
- Authority Engineer Supervision
- Independent Engineer Services
- Traffic and Transportation Engineering
- Financial Analysis
- Technical Audits
- Structural Audits
- Bridge and Road Inspections
Project Experience
Manglam Infra has successfully delivered services in various states, including Madhya Pradesh, Jammu & Kashmir, Bihar, Arunachal Pradesh, Jharkhand, Himachal Pradesh, Uttar Pradesh, Manipur, Nagaland, Maharashtra, Assam, Rajasthan, Uttarakhand, and Haryana. To date, they have completed 127 projects, with 116 done independently and 11 through joint ventures and MoUs with the central government.
Team
As of May 31, 2024, Manglam Infra employs 272 people, with 159 being qualified engineers, ensuring high standards of expertise and service quality.
Manglam Infra and Engineering Limited IPO Competitive Strength
- Presence in diversified projects
- Wide range of services and proven track record of efficient services
- Qualified employee base and proven management team
- Consistent financial performance
Manglam Infra IPO Financials Performance ( Results )
Manglam Infra and Engineering Limited Financial Information (Restated)
All Amount in ₹ Lakhs
| Period Ended | Total Assets | Total Revenue | PAT | Net Worth | Reserves | Borrowing |
| 31-Mar-22 | 1,673.32 | 2,678.36 | 332.96 | 778.69 | 186.91 | |
| 31-Mar-23 | 2,104.13 | 3,478.14 | 554.16 | 1,025.95 | 225.91 | |
| 31-Mar-24 | 3,318.23 | 4,050.79 | 676.41 | 1,710.20 | 443.73 | 447.31 |
Objective of Manglam Infra IPO Issue
- To meet the working capital requirements, and
- General corporate purposes;
Manglam Infra IPO Basic Details
| IPO Date | July 24, 2024 to July 26, 2024 |
| Listing Date | Friday, July , 2024 |
| Face Value | ₹10 per share |
| Price | ₹53 to ₹56 per share |
| Lot Size | 2000 shares |
| Issue Size | 4,932,000 shares (aggregating up to ₹27.62 Cr) |
| Fresh Issue | 4,932,000 shares (aggregating up to ₹27.62 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 12,664,700 |
| Share holding post issue | 17,596,700 |
| Company Promoters | Yogendra Kumar Singh, Ajay Verma, Nisha Singh and Seema Verma |
Manglam Infra IPO Reservation
| Anchor Investor Shares Offered | 26.80% of the Net Issue |
| Market Maker Shares Offered | 10.62% of the Net Issue |
| QIB Shares Offered | 17.88% of the Net Issue |
| NII (HNI) Shares Offered | 13.38% of the Net Issue |
| Retail Shares Offered | 31.31% of the Net Issue |
| Total Shares Offered | 100.00% of the Net Issue |
Manglam Infra IPO Timetable
Manglam Infra IPO will open on July 24, 2024 and close on July 26, 2024. You can join Manglam Infra IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.
| Event | Date |
| Opening Date | 24 July 2024 (Wednesday) |
| Closing Date | 26 July 2024 (Friday) |
| Basis of Allotment | 29 July 2024 (Monday) |
| Initiation of Refunds | 30 July 2024 (Tuesday) |
| Credit of Shares to Demat | 30 July 2024 (Tuesday) |
| Listing Date | 31 July 2024 (Wednesday) |
| Deadline for UPI mandate confirmation | 5 PM on 26 July 2024 |
Manglam Infra IPO Lot Size
For retail investors in Manglam Infra IPO, 2000 shares will come in 1 lot or the minimum investment will be ₹112,000. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹112,000.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 2000 | ₹112,000 |
| Retail (Max) | 1 | 2000 | ₹112,000 |
| S-HNI (Min) | 2 | 4000 | ₹224,000 |
Manglam Infra IPO Promoter Holding
The company’s promoters include Yogendra Kumar Singh, Ajay Verma, Nisha Singh and Seema Verma.
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding |
Manglam Infra and Engineering Ltd IPO Key Performance Indicator ( Valuation )
In the table given below, all the figures have been told according to the latest financial year.
| KPI | Values |
| Market Cap (₹ Cr.) | 98.54 |
| Earning Per Share (EPS) | ₹5.34 per Equity Share |
| Net Asset Value (NAV) | ₹13.50 per Equity Share |
| P/E Ratio (P/E) (x) | 10.49 |
| Post P/E Ratio (P/E) (x) | 14.57 |
| Return on Net Worth (RoNW) (%) | 49.44 |
| Return on equity (ROE) (%) | 49.44 |
| Return on Capital Employed (ROCE) (%) | 44.95 |
| Debt/Equity Ratio | 0.26 |
| Price/Book Value Ratio | 4.15 |
Manglam Infra IPO GMP Live Update, Kostak Rate day by day
| Date | GMP | Kostak | Subject to |
| Today | ₹46 | – | – |
| 24 July 2024 | ₹46 | – | – |
Manglam Infra and Engineering IPO Detail Video:
link
Manglam Infra and Engineering IPO Subscription Status (Bidding Detail)
The Manglam Infra and Engineering IPO on July 26, 2024 at 7:30:00 PM was subscribed 394.42 times, with the retail category being subscribed 371.72 times, the NII (Non-Institutional Investor) category being subscribed 756.73 times, QIB (Qualified-Institutional Buyers) category being subscribed 163.04 times.
| Category | Subscription |
| QIB | 163.04x |
| NII | 756.73x |
| Retail | 371.72x |
| Total | 394.42x |
Manglam Infra IPO Prospectus
| Manglam Infra IPO DRHP | Download |
| Manglam Infra IPO RHP | Download |
| Manglam Infra IPO Anchor Investors Details PDF | Download |
Manglam Infra IPO Rating
| Our Rating | 3.0/5.0 |
Manglam Infra Company Contact Information
Manglam Infra and Engineering Limited
Registered office: H.NO.46, Nikhil Nestles Jatkhedi Hoshangabad Road, University (Bhopal) Huzur, Bhopal – 462026, Madhya Pradesh, India
Corporate Office: E-8/31, Area Colony, Near Bus Stop No.12, Bhopal-462 039, Madhya Pradesh, India
Tel: +0755- 2569877/4289475
E-mail: cs@manglaminfra.com
Website: www.manglaminfra.com
Contact Person: Neha Jain, Company Secretary and Compliance Officer
Manglam Infra IPO Registrar
Bigshare Services Private Limited
Registered office: S6-2, 6th Floor, Pinnacle Business Park, Next to Ahura Centre, Mahakali Caves Road, Andheri (East), Mumbai – 400 093, Maharashtra, India
Telephone: 022-6263 8200
Facsimile: 022-6263 8299
Email: ipo@bigshareonline.com
Investor grievance email: investor@bigshareonline.com
Contact Person: Vinayak Morbale
Website: www.bigshareonline.com
SEBI Registration Number: INR000001385
CIN: U99999MH1994PTC076534
Manglam Infra IPO Lead Manager
Unistone Capital Private Limited
Registered office: A/305, Dynasty Business Park, Andheri Kurla Road, Andheri East,Mumbai 400059, Maharashtra
Telephone: 022 4604 6494
Email: mb@unistonecapital.com
Website: www.unistonecapital.com
Investor grievance email: compliance@unistonecapital.com
Contact Person: Brijesh Parekh
SEBI registration number: INM000012449
CIN: U65999MH2019PTC330850
Manglam Infra IPO FAQs
What is the lot size of Manglam Infra IPO?
The total size of Manglam Infra IPO is ₹27.62 crores and this is a complete fresh Issue.
When will Manglam Infra IPO start?
Manglam Infra IPO will open from 24 July 2024 and IPO will close on 26 July 2024.
What is the open date of Manglam Infra IPO?
Manglam Infra IPO will open date from 24 July 2024.
What is the last date ( close date ) of Manglam Infra IPO?
Manglam Infra IPO will close from 26 July 2024.
What is the price band of Manglam Infra IPO?
Manglam Infra IPO price band is ₹53 to ₹56. ( Upper Price Band: ₹56, Lower Price Band: ₹53 )
What is the minimum amount required to apply for Manglam Infra IPO?
The minimum investment for retailers to apply for Manglam Infra IPO is ₹112,000 and the maximum investment is ₹112,000.
What is going on gray market premium of Manglam Infra IPO?
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How much is the GMP of Manglam Infra IPO?
Watch Manglam Infra IPO GMP Today: Click Here
What is the allotment date of Manglam Infra IPO?
The allotment date of Manglam Infra IPO is 29 July 2024.
How to check allotment status in Manglam Infra IPO?
To check the allotment status of Manglam Infra IPO, first of all go to the registrar website by clicking here, select your bad Manglam Infra IPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )
What is the listing date of Manglam Infra IPO?
The listing date of Manglam Infra IPO is 31 July 2024.
How much will be the listing gain in Manglam Infra IPO?
View listing gain of Manglam Infra IPO by Clicking Here
How much time Manglam Infra IPO is subscribed?
Total 394.42 times subscribed in Manglam Infra IPO out of which 371.72 times subscription was done in retail quota, 756.73 times subscription in NII quota and 163.04 times subscription in QIB quota.
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