The Manglam Infra and Engineering IPO commenced on July 24, 2024, and concluded on July 26, 2024. The allotment of shares took place on July 29, 2024, and the initiation of refunds began on July 30, 2024. The shares were credited to the demat accounts of investors on July 30, 2024. Finally, the listing of Manglam Infra and Engineering on the stock exchange occurred on July 31, 2024.
The Manglam Infra and Engineering IPO was priced at ₹53 to ₹56 per share, with a lot size of 2000 shares. The total size of Manglam Infra and Engineering IPO is ₹27.62 crores out of which ₹27.62 crores is fresh issue. The IPO was listed on the NSE SME.
Manglam Infra IPO Basic Details
| Company Name | Manglam Infra and Engineering Limited |
| Domain of Company | Infrastructure Company |
| Manglam Infra IPO GMP Today | ₹46 |
| Manglam Infra IPO Listing Gain | 82.14% |
| Manglam Infra IPO Open Date | July 24, 2024 |
| Manglam Infra IPO Close Date | July 26, 2024 |
| Manglam Infra IPO Allotment Date | July 29, 2024 |
| Manglam Infra IPO Listing Date | July 31, 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 |
Manglam Infra IPO GMP Today:
| Date | GMP | Listing Gain | Kostak | Subject to |
| Today | ₹46 | 82.14% | – | – |
| 24 July 2024 | ₹46 | 82.14% | – | – |
Manglam Infra and Engineering IPO Details:
Manglam Infra and Engineering Limited, founded in 2010, specializes in managing infrastructure projects. The company handles detailed project reports, quality control, and the operation and maintenance of highways, bridges, tunnels, and urban buildings.
They offer a range of services including design, engineering, procurement, construction, and integrated project management.
Their specific services include DPR and feasibility studies, operations and maintenance works, project management consultancy, independent consultancy, project planning, designing, estimation, supervision and quality control, authority engineer supervision, independent engineer services, traffic and transportation engineering, financial analysis, technical audits, structural audits, and inspection of bridges and roads.
Manglam Infra has completed projects in states like Madhya Pradesh, Jammu & Kashmir, Bihar, Arunachal Pradesh, Jharkhand, Himachal Pradesh, Uttar Pradesh, Manipur, Nagaland, Maharashtra, Assam, Rajasthan, Uttarakhand, and Haryana. They have successfully completed 127 projects, with 116 done independently and 11 through joint ventures and MoUs with the central government.
As of May 31, 2024, the company employs 272 people, including 159 qualified engineers.
Manglam Infra and Engineering IPO More Details Click Here
Manglam Infra IPO FAQs
When is Manglam Infra IPO open?
Manglam Infra IPO will open on 24 July 2024.
When is Manglam Infra IPO Close?
Manglam Infra IPO will be closed on 26 July 2024.
What is Manglam Infra IPO GMP Today?
The Manglam Infra IPO GMP aka Grey Market Premium is ₹46.
What is Manglam Infra IPO Kostak Rates Today?
The Manglam Infra IPO Kostak Rate is ₹000.
What is Manglam Infra IPO Subject to Sauda Price Today?
The Manglam Infra IPO subject to sauda rates is ₹000.
Manglam Infra IPO Expected Returns?
The Manglam Infra expected return is 82.14%.
How much will be the listing gain in Manglam Infra IPO?
Manglam Infra IPO will get listing gain of 82.14%. (Approx.)
