Last updated on July 31, 2024
Manglam Infra IPO description – Incorporated in 2010, Manglam Infra & Engineering is an infrastructure consultancy firm specializing in project management services. Their core offerings include detailed project reports (DPRs), supervision and quality control (SQC), and operation & maintenance (O&M) for highways, roads, bridges, tunnels, and buildings/urban development projects.
The company has delivered services across states like Madhya Pradesh, Jammu & Kashmir, Bihar, Arunachal Pradesh, Jharkhand, Himachal Pradesh, Uttar Pradesh, Manipur, Nagaland, Maharashtra, Assam, Rajasthan, Uttarakhand, and Haryana. They have completed 127 projects, with 116 done independently and 11 through joint ventures and MoUs with the central government. Currently, the company has 45 ongoing projects. Of these, 22 are undertaken separately, while 23 are through joint ventures and MoUs.
The company offers design, engineering, procurement, construction, and integrated project management services. As of 31 May 2024, the company employs 272 people, including 159 qualified engineers.
Promoters of Manglam Infra & Engineering – Ajay Verma, Yogendra Kumar Singh, Seema Verma, and Nisha Singh
Table of Contents
Manglam Infra & Engineering IPO Details
| Manglam Infra IPO Dates | 24 – 26 July 2024 |
| Manglam Infra Issue Price | INR 53 – 56 per share |
| Fresh issue | 49,32,000 shares (INR 26.14 – 27.62 crore) |
| Offer For Sale | NIL |
| Total IPO size | 49,32,000 shares (INR 26.14 – 27.62 crore) |
| Minimum bid (lot size) | 2,000 shares (INR 1,12,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | NSE EMERGE |
Manglam Infra & Engineering Financial Performance
| Â | FY 2022 | FY 2023 | FY 2024 |
| Revenue | 25.81 | 34.42 | 40.24 |
| Expenses | 22.14 | 27.08 | 31.22 |
| Net income | 3.33 | 5.54 | 6.76 |
Manglam Infra Offer News
- Manglam Infra RHP
- Manglam Infra Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2024
Manglam Infra Valuations & Margins
| FY 2022 | FY 2023 | FY 2024 | |
| EPS | 4.28 | 5.40 | 5.34 |
| PE ratio | – | – | 9.93 – 10.49 |
| RONW (%) | 53.46 | 61.42 | 49.44 |
| NAV | 10.00 | 10.00 | 13.50 |
| ROCE (%) | 54.04 | 67.04 | 44.95 |
| EBITDA (%) | 18.19 | 25.28 | 25.79 |
| Debt/Equity | 0.24 | 0.22 | 0.26 |
Manglam Infra IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 30 July 2024 | 48 | – | 69,500 |
| 29 July 2024 | 45 | – | 65,000 |
| 27 July 2024 | 45 | – | 65,000 |
| 26 July 2024 | 45 | – | 65,000 |
| 25 July 2024 | 45 | – | 65,000 |
| 24 July 2024 | 37 | – | 57,000 |
| 23 July 2024 | 27 | – | 45,000 |
| 22 July 2024 | 10 | – | 15,000 |
| 20 July 2024 | 10 | – | 15,000 |
Manglam Infra IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Shares Offered | 8,82,000 | 6,60,000 | 15,44,000 | 30,86,000 |
| 26 Jul 2024 | 163.04 | 757.53 | 371.72 | 394.59 |
| 25 Jul 2024 | 4.82 | 46.78 | 89.87 | 56.34 |
| 24 Jul 2024 | 0.91 | 10.56 | 25.66 | 15.36 |
The market maker reservation portion of 5,24,000 shares and anchor portion of 13,22,000 shares are not included in the above calculations.
Manglam Infra IPO Allotment Status
Manglam Infra IPO allotment status is now available on Bigshare Services’ website. Click on this link to get allotment status.
Manglam Infra IPO Dates & Listing Performance
| IPO Opening Date | 24 July 2024 |
| IPO Closing Date | 26 July 2024 |
| Finalization of Basis of Allotment | 29 July 2024 |
| Initiation of refunds | 30 July 2024 |
| Transfer of shares to demat accounts | 30 July 2024 |
| IPO Listing Date | 31 July 2024 |
| Opening Price on NSE SME | INR 106.40 per share (up 90%) |
| Closing Price on NSE SME | INR 111.70 per share (up 99.46%) |
Manglam Infra Offer Lead Manager
UNISTONE CAPITAL PRIVATE LIMITED
A/305, Dynasty Business Park, Andheri Kurla Road,
Andheri East, Mumbai 400059, Maharashtra
Phone:022 4604 6494
Email:Â [email protected]
Website:Â www.unistonecapital.com
Manglam Infra Offer Registrar
BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East, Mumbai – 400 093
Phone:Â +91 22 6263 8200
Email:Â Â [email protected]
Website:Â www.bigshareonline.com
Manglam Infra Issue Contact Details
MANGLAM INFRA & ENGINEERING LIMITED
E-8/31, Area Colony, Near Bus Stop No.12,
Bhopal-462 039, Madhya Pradesh, India
Phone: +0755- 2569877/4289475
E-mail: [email protected]
Website: www.manglaminfra.com
Manglam Infra & Engineering IPO FAQs
What is the Manglam Infra offer size?
Manglam Infra offer size is INR 26.14 – 27.62 crores.
What is the Manglam Infra offer price band?
Manglam Infra public offer price is INR 53 – 56 per share.
What is the lot size of the Manglam Infra IPO?
Manglam Infra offer a lot size is 2,000 shares.
What is Manglam Infra IPO GMP today?
Manglam Infra IPO GMP today is INR 48 per share.
What is the Manglam Infra kostak rate today?
Manglam Infra kostak rate today is INR NA per application.
What is Manglam Infra Subject to the Sauda rate today?
Manglam Infra is Subject to the Sauda rate today is INR 69,500 per application.
