Manglam Infra & Engineering Ltd
Price Range
₹53 - ₹56
-
Min. Quantity
2,000
Closes on
26 July 2024
-
Min. investment
₹1,12,000/2,000 Shares
Manglam Infra & Engineering Ltd IPO Timeline
Manglam Infra & Engineering Ltd was originally formed as Partnership Firm in the name and style of 'Manglam Associates' pursuant to Partnership Deed dated February 17, 2010. The Partnership Firm got converted into Public Limited Company 'Manglam Infra & Engineering Limited' on July 20, 2023, vide Certificate of Incorporation issued by Registrar of Companies, Central Registration Centre.
| Event | Date |
|---|---|
| Manglam Infra & Engineering Ltd IPO Opening Date | 24 July 2024 |
| Manglam Infra & Engineering Ltd IPO Closing Date | 26 July 2024 |
| Basis of Allotment | 29 July 2024 |
| Initiation of Refunds | 30 July 2024 |
| Credit of Shares to Demat | 30 July 2024 |
| Manglam Infra & Engineering Ltd IPO Listing Date | 31 July 2024 |
Manglam Infra & Engineering Ltd IPO Details
| Manglam Infra & Engineering Ltd IPO Date | 24 July 2024 to 26 July 2024 |
| Manglam Infra & Engineering Ltd IPO Face Value | ₹10 per share |
| Manglam Infra & Engineering Ltd IPO Price | ₹53 to ₹56 per share |
| Manglam Infra & Engineering Ltd IPO Lot Size | 2,000 |
| Issue Size | Shares of ₹10 (aggregating up to ₹27.62 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹27.62 Cr) |
| Offer for Sale | - |
| Issue Type | Book Building - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Ajay Verma, Yogendra Kumar Singh, Seema Verma |
Manglam Infra & Engineering Ltd IPO Lot Size
The Manglam Infra & Engineering Ltd IPO lot size is 2,000 shares. A retail-individual investor can apply for up to 1 lots (2,000 shares or ₹1,12,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 2,000 | ₹1,12,000 |
| Maximum | 1 | 2,000 | ₹1,12,000 |
- Strengths
- Risks
- Opportunities
- Presence in diversified projects.
- Wide range of services and proven track record of services.
- Qualified employee base and proven management team.
- Consistent financial performance.
Company Financials
Manglam Infra & Engineering Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 33.18 | 40.51 | 6.76 |
| 09-2023 | 28.08 | 9.28 | 2.65 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- To meet the working capital requirements
- General corporate purposes
Manglam Infra & Engineering Ltd IPO Promoter Holding
| Pre Issue Share Holding | 17% |
| Post Issue Share Holding | - |
Manglam Infra & Engineering Ltd IPO Subscription Status (Bidding Detail)
The Manglam Infra & Engineering Ltd IPO is subscribed 337 times on 26 July 2024 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | 337 |
Manglam Infra & Engineering Ltd IPO Prospectus
Manglam Infra & Engineering Ltd IPO Listing Date
| BSE Script | 92835 |
| NSE Symbol | MIEL |
| Listing In | NSE - SME |
| ISIN | INE0R3101011 |
| IPO Price | ₹56 |
| Face Value | ₹10 |
Company Contact Information
H # 46 Nikhil Nestles JatkhediHoshang.Rd University Bhopal,Bhopal-462026
Phone: +0755 2569877/4289475
Email: cs@manglaminfra.com
Website: www.manglaminfra.com
Manglam Infra & Engineering Ltd IPO Registrar
Manglam Infra & Engineering Ltd IPO Lead Manager(s)
- Unistone Capital Pvt Ltd
FAQ
What is the issue size of Manglam Infra & Engineering Ltd IPO?
I have pre-applied for Manglam Infra & Engineering Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.