Manglam Infra & Engineering IPO details, Date, Price, GMP, Review

Manglam Infra & Engineering IPO
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Manglam Infra & Engineering IPO details Today  : Manglam Infra & Engineering IPO details Today is Open on 24 July 2024 and Close on 26 July 2024. Manglam Infra & Engineering IPO to Raise 4,932,000 shares (Approx ₹27.62 Cr) via IPO. The Fresh issue of 4,932,000 shares (Approx ₹27.62 Cr). 

Manglam Infra & Engineering are an infrastructure consultancy company, and our core business is providing project management consultancy services which includes detailed project reports (DPRs), Supervision and quality control (SQC), and operation & maintenance (O & M) for Highways/Roads, Bridges, Tunnels, Buildings/Urban development.

We undertake various project independently as well as through Joint ventures and MoUs with other players in this industry.

we cater to various state governments of Madhya Pradesh, Jammu & Kashmir, Bihar, Arunachal Pradesh, Jharkhand, Himachal Pradesh, Uttar Pradesh, Manipur, Nagaland, Maharashtra, Assam, Rajasthan, Uttarakhand and Haryana and central government and have completed total 127 projects out of which 115 projects are undertaken on an independent basis and 12 projects are undertaken through Joint ventures and MoUs.

 

Currently, we have 46 on-going projects out of which 25 projects are being undertaken on an independent basis and 21 projects are being undertaken through Joint ventures and MoUs. We are a team of more than 300 qualified professionals, with experience ranging between 7 to 15+ years. In alignment with our business requirements, we also occasionally engage third-party service providers for specific contracts on need basis.Manglam Infra & Engineering IPO

Manglam with its more than decade of experience in this industry has successfully gained to mark its presence in more than 10 states of India including Madhya Pradesh, Jammu & Kashmir, Bihar, Arunachal Pradesh, Jharkhand, Himachal Pradesh, Uttar Pradesh, Manipur, Nagaland, Maharashtra, Assam, Rajasthan, Uttarakhand and Haryana.

Brief description of flow chart:

  1. Tender Search
  2. Identify the Project/Projects
  3. Check Qualification requirements
  4. Bidding process
  5. Scores and ratings
  6. Award and Letter of Acceptance
  7. Work order

Manglam Infra & Engineering IPO Date & Price Band Details

IPO Open Date 24 July 2024
IPO Close Date 26 July 2024
IPO Size 4,932,000 shares (Approx ₹27.62 Cr)
Fresh Issue 4,932,000 shares (Approx ₹27.62 Cr)
Lot Size 2000 Shares
IPO Face Value ₹10 Per Equity Share"
IPO Price Band ₹53 to ₹56 Per Every Share
IPO Listing On NSE SME
IPO Retail Quota 35%
IPO QIB Quota 50%
IPO NII Quota 15%
DRHP Draft Click Here
Anchor Investor Click Here

Manglam Infra & Engineering IPO Market Lot Details

Application Lot Size Shares Amount
Retail Minimum 1 2000 ₹112,000
Retail Maximum 1 2000 ₹112,000
S-HNI Minimum 2 4000 ₹224,000

Object of the Issue

  1. To meet the working capital requirements.
  2. General corporate purposes.

Manglam Infra & Engineering IPO Allotment & Listings (Details)

IPO Open Date 24 July 2024
IPO Close Date 26 July 2024
Basis of Allotment 29 July 2024
Refunds 30 July 2024
Credit to Demat Account 30 July 2024
IPO Listing Date 31 July 2024

Manglam Infra & Engineering Financial Reports

₹ in Crores
Year Revenue Expense PAT
2024 ₹40.24 ₹31.22 ₹6.76
2023 ₹34.42 ₹27.08 ₹5.54
2022 ₹25.81 ₹22.14 ₹3.33

Our Company Promoters

  1. Ajay Verma
  2. Yogendra Kumar Singh
  3. Nisha Singh 
  4. Seema Verma

Qualitative Factors

  • Presence in diversified projects.
  • Wide range of services and proven track record of services.
  • Qualified employee base and proven management team.
  • Consistent financial performance.

Manglam Infra & Engineering Comparison Listed Industry Peers Group

Company Name Face Value EPS P/E Ratio Ro NW (%) NAV Per Revenue (₹ in Lakhs)
Manglam Infra & Engineering Limited 10.00 5.40 [.] 61.42% 10.00 3,441.88
Peer Group
Rudrabhishek Enterprises Limited 10.00 6.93 28.53 17.24% 56.95 8,895.42

Comparison of Accounting Ratios with Listed Peer Group Companies

  • Manglam Infra & Engineering Limited
  • Rudrabhishek Enterprises Limited

Also Read: Chetana Education IPO details, Date, Price, GMP, Review

Manglam Infra & Engineering Company Contact Details

H.NO.46, Nikhil Nestles Jatkhedi, Hoshangabad road,
University (Bhopal), Bhopal, Huzur, Bhopal – 462026, Madhya
Pradesh, India.
Telephone No.: +0755-2569877
Website: www.manglaminfra.com
Email id: info@manglaminfra.com

Manglam Infra & Engineering Lead Manager

Unistone Capital Private Limited
A/305, Dynasty Business Park Andheri Kurla
Road, Andheri East, Mumbai- 400059,
Maharashtra.
Tel : +91 22 4604 6494
Email : mb@unistonecapital.com
Investor Grievance Email: compliance@unistonecapital.com
Website : www.unistonecapital.com

Manglam Infra & Engineering IPO Registrar

Bigshare Services Private Limited
S6-2, 6th Pinnacle Business Park, Mahakali Caves
Road, next to Ahura Centre, Andheri East,
Mumbai- 400093, Maharashtra, India.
Telephone: 022 6263 8200
Email: ipo@bigshareonline.com
Investor Grievance Email: investor@bigshareonline.com
Contact Person: Vinayak Morbale
Website: www.bigshareonline.com

 

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