Manglam Infra and Engineering Limited IPO
Manglam Infra and Engineering Limited is an NSE SME IPO listed on the NSE SME platform, priced at ₹53–₹56 per share. The stock debuted at ₹106.4, delivering a listing gain of 90.0%. The IPO had a lot size of ₹2000 shares and a minimum investment of ₹1,12,000.
Manglam Infra and Engineering Limited IPO
- IPO Dates
- Jul 24, 2024 – Jul 26, 2024
- Price band
- ₹53-56 per equity share
- Minimum Investment
- ₹1,12,000
- Issue size
- ₹27.62 Cr
- Lot size
- 2000
- Allotment Date
- Jul 29, 2024
- Listing
- Jul 31, 2024
- Listing At
- NSE SME
IPO timeline
-
Jul 24, 2024
Open Date
Completed
-
Jul 26, 2024
Close Date
Completed
-
Jul 29, 2024
Allotment Date
Completed
-
Jul 31, 2024
Listing Date
Completed
Manglam Infra and Engineering Limited IPO Essentials
Manglam Infra and Engineering Limited IPO Details
Manglam Infra and Engineering Limited IPO is priced at ₹53-56 per share with a total issue size of 27.62 crore. The IPO has a lot size of 2000 shares and is listed on NSE SME.
- Issue price
- ₹53-56 per equity share
- Lot size
- 2000 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 4,932,000 shares(aggregating up to ₹27.62 Cr)
- Total issue size
- 49,32,000 shares
(aggregating up to ₹27.62 crore) - Fresh issue
- 49,32,000 shares
(aggregating up to ₹27.62 crore) - Listing at
- NSE SME
- List price
- 106.4
- Listing date
- Registrar
- Bigshare Services Pvt Ltd
- Lead manager
-
Unistone Capital Pvt Ltd
Market Lot Size
Investors can bid for a minimum of 2000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 2000 | ₹1,12,000 |
| Retail(max) | 1 | 2000 | ₹1,12,000 |
| NII (min) | 2 | 4,000 | ₹2,24,000 |
Manglam Infra and Engineering Limited IPO Reservation
Manglam Infra and Engineering Limited IPO reservation details show category-wise allocation of shares. Out of the total 4,932,000 shares, approximately 17.88% are reserved for QIB, 13.38% for NII, 31.31% for retail investors, 10.62% for market maker, and 26.8% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 1,322,000 (26.8%) | |
| Market Maker Shares Offered | 524,000 (10.62%) | |
| QIB Shares Offered | 882,000 (17.88%) | |
| NII (HNI) Shares Offered | 660,000 (13.38%) | |
| Retail Shares Offered | 1,544,000 (31.31%) | |
| Total Shares Offered | 4,932,000 (100%) |
Manglam Infra and Engineering Limited IPO Analytics
Manglam Infra and Engineering Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Manglam Infra and Engineering Limited IPO Subscription Status
Manglam Infra and Engineering Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 882,000 / 660,000 | 1,544,000 | 3,086,000 |
|
Day 1
24-07-24 06:00 PM
|
(0.91 / 10.66) x | 26.53 x | 15.81 x |
|
Day 2
25-07-24 06:00 PM
|
(4.82 / 46.38) x | 91.49 x | 57.07 x |
|
Day 3
26-07-24 06:00 PM
|
(163.04 / 756.61) x | 371.72 x | 394.59 x |
Manglam Infra and Engineering Limited Valuations
Earnings
- EPS Pre IPO
- ₹5.34/-
- EPS Post IPO
- ₹3.84/-
- P/E Pre IPO
- 10.49
- P/E Post IPO
- 14.57
Returns
- ROE
- 49.44%
- ROCE
- 44.95%
- RoNW
- 49.44%
- PAT Margin
- 16.81
Fundamentals
- Debt / Equity
- 0.26
- Price / Book
- 4.15
Manglam Infra and Engineering Limited Financials( In Lakhs)
| 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|
| Assets | 3,318.23 | 2,104.13 | 1,673.32 |
| Revenue | 4,050.79 | 3,478.14 | 2,678.36 |
| Profit After Tax | 676.41 | 554.16 | 332.96 |
Manglam Infra and Engineering Limited Company & Offer Insights
About Manglam Infra and Engineering Limited
Manglam Infra and Engineering Limited is an infrastructure project management company incorporated in 2010. They give detailed project reports, supervise, and control the quality of infrastructure projects like highways, bridges, tunnels, and urban buildings; they also manage their operation and maintenance.
Design, engineering, procurement, construction, and integrated project management services are provided by the company.
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.
It has rendered services to states such as 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 so far. In this regard, 116 were independently completed and 11 by joint ventures and MoUs signed 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 Promoter(s)
Yogendra Kumar Singh, Ajay Verma, Nisha Singh, Seema Verma are the company's promoters of Manglam Infra and Engineering Limited.
Manglam Infra and Engineering Limited IPO Issue Objectives
- •
- To meet the working capital requirements
- •
- General corporate purposes;
Manglam Infra and Engineering Limited IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Manglam Infra and Engineering Limited | 5.34 | 5.34 | 13.5 | N/A | 49.44 | 4.15 | Standalone |
| Rudrabhishek Enterprises Limited | 8.1 | 7.85 | 70.38 | 23.13 | 28.25 | N/A | Consolidated |
Notes:
- The P/E Ratio has been computed based on the closing market price of equity shares on the NSE website on July 02, 2024, divided by the Diluted EPS.
- Return on Net Worth (%) = Net profit after tax, as restated / Average Net-worth, as restated (Net worth includes share capital and reserves and surplus).
- NAV is computed as the closing net worth divided by the weighted outstanding number of equity shares.
Contact Information
Contact Details
Manglam Infra and Engineering Limited
0755 4289475
H.NO.46, Nikhil Nestles Jatkhedi, Hoshangabad Road, University, (Bhopal) Huzur, Bhopal - 462026
Registrar Contact Details
Bigshare Services Pvt Ltd
+91-22-6263 8200
Frequently Asked Questions
Click any question to reveal the answer
Manglam Infra and Engineering Limited IPO is a book-built IPO worth ₹27.62 crore. The price band is ₹53–₹56 per share. The IPO opens on Jul 24, 2024 and closes on Jul 26, 2024. It will be listed on NSE SME Platform. Bigshare Services Pvt Ltd is the registrar.
The price band of Manglam Infra and Engineering Limited IPO is ₹53 to ₹56 per share.
The lot size of Manglam Infra and Engineering Limited IPO is 2000 shares.
The minimum investment for Manglam Infra and Engineering Limited IPO is approximately ₹1,12,000 based on the upper price band .
Manglam Infra and Engineering Limited IPO opens on Jul 24, 2024 and closes on Jul 26, 2024.
The allotment date of Manglam Infra and Engineering Limited IPO is Jul 29, 2024.
Manglam Infra and Engineering Limited IPO is expected to be listed on Jul 31, 2024, on NSE SME Platform.
Manglam Infra and Engineering Limited IPO valuation snapshot: P/E 14.57, EPS ₹3.84/-, P/B 4.15, RoNW 49.44%, and market cap N/A.
To apply for Manglam Infra and Engineering Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Manglam Infra and Engineering Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Manglam Infra and Engineering Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Manglam Infra and Engineering Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Manglam Infra and Engineering Limited IPO allotment status on IPO Ji for quick and easy access.