Manglam Infra & Engineering Limited

24 Jul 2024 - 26 Jul 2024 Individual Category SME NSE

Min Investment

₹112000

Price Band

₹53-₹56

Issue Size

36.1 lakhs
Equity Shares

Lot Size

2000

IPO Dates
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24 Jul 2024

Open Date

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26 Jul 2024

Close Date

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29 Jul 2024

Allotment Date

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31 Jul 2024

Listing Date

Manglam Infra and Engineering IPO is open for subscription starting Wednesday, July 24, 2024, and closing on Friday, July 26, 2024. The price of this upcoming IPO is set at Rs 53 to Rs 56 per share.  The minimum lot size set for the retail category is 2000 shares. Meanwhile, the minimum lot size for the HNI category is 2 lots consisting of 3200 shares. The minimum investment required for retail category investors is Rs 1,12,000 ( 56 x 2000 shares). However, for the HNI category, the minimum investment amount required is Rs 2,24,000 (56 x 4000 shares).  Manglam Infra and Engineering IPO is a book-built issue of Rs 27.62 crores. This upcoming IPO is an entirely fresh issue of Rs 49.32 lakh equity shares. The allotment for this new IPO is expected to be finalised on Monday, July 29, 2024.  Manglam Infra and Engineering IPO will be listed on NSE SME on Wednesday, July 31, 2024. Unistone Capital Private Limited is the book-running lead manager, Bigshare Services Private Limited is the registrar, and Giriraj Stock Broking is the market maker for this IPO. 

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About Manglam Infra & Engineering Limited

Manglam Infra and Engineering Limited, incorporated in 2010, helps manage infrastructure projects. The company provides detailed project reports, supervises and controls quality, and handles the operation and maintenance of things like highways, bridges, tunnels, and urban buildings. Manglam’s 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. They have 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, Manglam’s team has completed 127 projects. Of these, 116 were completed independently, and 11 were completed through joint ventures and MoUs with the central government.

Founded

2010

Managing Director

Yogendra Kumar Singh

Parent Organization

IPO Objectives

The funds received from this public offer will be allocated to meet the day-to-day money needs for running the business. The remaining will be used for fulfilling the general corporate purposes. 

Company Promoters

Subscription Details

Investor Category Subscription (times)
Qualified Institutions 0
Non-Institutional Buyers 0
bNII (bids above ₹10L) 0
sNII (bids below ₹10L) 0
Retail Investors 0
Employees 0
Others 0
Total 0

How to Apply for IPO

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IPO Allotment

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