Manglam Infra and Engineering Limited IPO
NSE SMEListed On: Jul 31, 2024 at ₹ 106.4
₹ 224000 /4000 Shares
*Min Investment
24 Jul, 2024
Open Date26 Jul, 2024
Close Date29 Jul, 2024
Allotment Date31 Jul, 2024
Listing DateManglam Infra and Engineering Limited IPO Issue Details
- Issue Price ₹53-56 per equity share
- Face Value ₹10 Per Equity Share
- Total Issue Size 49,32,000 shares(aggregating up to ₹27.62 crore)
- Fresh Share 49,32,000 shares(aggregating up to ₹27.62 crore)
- Listing at NSE SME
- List Price 106.4
- Listing Date 2024-07-31
- Lead Manager Unistone Capital Pvt Ltd
- Registrar Bigshare Services 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 offers total 4,932,000 shares. Out of which 882,000 (17.88%) allocated to QIB, 660,000 (13.38%) allocated to NII,1,544,000 (31.31%) allocated to RII, NA (NA%) allocated to employees and 1,322,000 (26.8%) allocated to 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 Details
Manglam Infra and Engineering Limited IPO is an SME IPO, priced at ₹53-56 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform. The IPO comprises a total issue of 49,32,000 equity shares, aggregating up to ₹27.62 crores..
The IPO bidding window is open from Jul 24, 2024 to Jul 26, 2024. The allotment is expected to be finalized on Jul 29, 2024, and the tentative listing date is Jul 31, 2024.
The minimum lot size for Retail investors is 2000 shares, with a minimum investment of ₹1,12,000. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,24,000.
Unistone Capital Pvt Ltd is acting as the lead manager to the issue. The registrar of the IPO is Bigshare Services Pvt Ltd, and Giriraj Stock Broking Private Limited will act as the market maker for this issue.
Manglam Infra and Engineering Limited IPO Subscription Analysis And Details
| 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
Manglam Infra and Engineering Limited Company Financials
| 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 |
About Manglam Infra and Engineering Limited Company
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
Pre Issue Share Holding : %
Post Issue Share Holding : %
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 Details
Manglam Infra and Engineering Limited
H.NO.46, Nikhil Nestles Jatkhedi, Hoshangabad Road, University, (Bhopal) Huzur, Bhopal - 462026
0755 4289475
Registrar Contact Details
Bigshare Services Pvt Ltd
+91-22-6263 8200
Manglam Infra and Engineering Limited IPO - FAQs
Ans. Manglam Infra and Engineering Limited IPO is a SME IPO. The issue is priced at ₹53-56 per equity share. The minimum order quantity is 2000 Shares. The IPO opens on Jul 24, 2024, and closes on Jul 26, 2024. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Manglam Infra and Engineering Limited IPO opens on Jul 24, 2024 and closes on Jul 26, 2024.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Manglam Infra and Engineering Limited IPO is 4,932,000 shares(aggregating up to ₹27.62 Cr).
Ans. The Manglam Infra and Engineering Limited IPO price band is set between ₹53-56 per equity share.
Ans. To apply for Manglam Infra and Engineering Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Manglam Infra and Engineering Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Manglam Infra and Engineering Limited IPO is Jul 29, 2024.
Ans. The Manglam Infra and Engineering Limited IPO will be listed on Jul 31, 2024.
Ans. Follow the steps to check the Manglam Infra and Engineering Limited IPO allotment status online.
