Manglam Infra and Engineering Limited
Manglam Infra and Engineering IPO is a book built issue of ₹27.62 Cr (27,61,92,000). The issue includes a fresh issue of 49.32 Lakh (49,32,000) shares aggregating to ₹27.62 Cr (27,61,92,000).
Manglam Infra and Engineering IPO bidding started from Jul 24, 2024 and ended on Jul 26, 2024. The allotment for Manglam Infra and Engineering IPO was finalized on Jul 29, 2024. The shares got listed on NSE on Jul 31, 2024.
Manglam Infra and Engineering IPO price band is set at ₹53 to ₹56 per share. The minimum lot size for an application is 2000 Shares. The minimum amount of investment required by retail investors is ₹1.06 Lakh (1,06,000).
Refer to Manglam Infra and Engineering IPO RHP for detailed information.
IPO date
Jul 24,2024 - Jul 26,2024
Listing Date
Jul 31,2024
Face value
₹10
Price Band
₹53 to ₹56 per share
Lot
₹2000 Shares
Total Issue Size
49.32 Lakh (49,32,000)
aggregating up to ₹27.62 Cr (27,61,92,000)
Fresh Issue
49.32 Lakh (49,32,000)
aggregating up to ₹27.62 Cr (27,61,92,000)
Issue Type
Book Building
IPO Type
Listing At
NSE
Wed, Jul 24, 2024
IPO Open
Fri, Jul 26, 2024
IPO Close
Mon, Jul 29, 2024
Basis of Allotment
Tue, Jul 30, 2024
Initiation of Refunds
Tue, Jul 30, 2024
Credit of Shares to Demat
Wed, Jul 31, 2024
Listing
Manglam Infra and Engineering IPO last GMP is ₹52, last updated Jul 30,2024. With the price band of 56.00, Manglam Infra and Engineering IPO's estimated listing price is ₹108 (cap price + today's GMP).The expected percentage gain/loss per share is 92.86%.
Date | IPO Price | GMP | Estimated Listing Price | Last Updated |
---|---|---|---|---|
30-Jul-24 | 56.00 | 52 | 108(92.86%) | 30-Jul-2024 16:30 |
29-Jul-24 | 56.00 | 52 | 108(92.86%) | 29-Jul-2024 23:28 |
28-Jul-24 | 56.00 | 52 | 108(92.86%) | 28-Jul-2024 23:23 |
27-Jul-24 | 56.00 | 52 | 108(92.86%) | 27-Jul-2024 23:30 |
26-Jul-24 | 56.00 | 50 | 106(89.29%) | 26-Jul-2024 23:31 |
25-Jul-24 | 56.00 | 50 | 106(89.29%) | 25-Jul-2024 23:31 |
24-Jul-24 | 56.00 | 46 | 102(82.14%) | 24-Jul-2024 23:26 |
23-Jul-24 | 56.00 | 46 | 102(82.14%) | 23-Jul-2024 23:28 |
22-Jul-24 | 56.00 | 38 | 94(67.86%) | 22-Jul-2024 23:26 |
21-Jul-24 | 56.00 | 10 | 66(17.86%) | 21-Jul-2024 23:24 |
20-Jul-24 | 56.00 | 10 | 66(17.86%) | 20-Jul-2024 23:26 |
19-Jul-24 | 56.00 | 10 | 66(17.86%) | 19-Jul-2024 23:30 |
18-Jul-24 | 56.00 | 0 | 56(0.00%) | 18-Jul-2024 23:24 |
Application | Lots | Shares | Amount |
---|---|---|---|
Retail(Min) | 1 | 2,000 | ₹1.12 Lakh (1,12,000) |
Retail(Max) | 1 | 2,000 | ₹1.12 Lakh (1,12,000) |
HNI(Min) | 2 | 4,000 | ₹2.24 Lakh (2,24,000) |
Investor Category | Shares Offered |
---|---|
Offered to QIB | 8.82 Lakh (8,82,000) |
Offered to NII | 6.60 Lakh (6,60,000) |
Offered to RII | 15.44 Lakh (15,44,000) |
Offered to Anchor Investor | 13.22 Lakh (13,22,000) |
Incorporated in 2010, Manglam Infra and Engineering Limited is a company that helps manage infrastructure projects. They provide detailed project reports, supervise and control quality, and handle the operation and maintenance of things like highways, bridges, tunnels, and urban buildings.
The company offers design, engineering, procurement, construction, and integrated project management services.
The company's services include DPR and feasibility studies, Operations & 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 Audit, Inspection of bridges & Roads.
The company has provided services in states like Madhya Pradesh, Jammu & Kashmir, Bihar, Arunachal Pradesh, Jharkhand, Himachal Pradesh, Uttar Pradesh, Manipur, Nagaland, Maharashtra, Assam, Rajasthan, Uttarakhand, and Haryana. In total, they have completed 127 projects. Out of these, 116 projects were done independently, and 11 projects were completed through joint ventures and MoUs with the central government.
As of May 31, 2024, the company has 272 employees out of which 159 are qualified engineers.
Manglam Infra and Engineering Limited
H.NO.46, Nikhil Nestles Jatkhedi
Hoshangabad Road, University
(Bhopal) Huzur, Bhopal - 462026,
Phone: +0755 4289475
Email: [email protected]
Website: https://www.manglaminfra.com/
The Promoters of the Company, are Yogendra Kumar Singh, Ajay Verma, Nisha Singh and Seema Verma.