Manglam Infra & Engineering IPO Subscription Status: Manglam Infra & Engineering IPO 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).
- The Retail Quota is 35%
- QIB is 50%
- NII is 15%
Manglam Infra & Engineering IPO is an SME IPO and Listed on NSE SME. Manglam Infra & Engineering IPO Price Band is Fixed at ₹56 Equity Share. Manglam Infra & Engineering IPO Lot Size is 2000 Shares.
About Manglam Infra & Engineering IPO :
- Manglam Infra & Engineering 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.
- 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 Subscription Status, Rate bid times
Inv Category
Shares Reserved
No. of Shares bid for
No. of Times (Subscription)
Qualified Buyers (QIBs)
8,82,000
14,38,00,000
163.04
Non Institutional Buyers (NIIs)
6,60,000
49,94,44,000
756.73
Retail Individual Buyers (RIIs)
15,44,000
57,39,40,000
371.72
Anchor Investor
13,22,000
13,22,000
1
Market Maker
5,24,000
5,24,000
1
Total
30,86,000
1,21,71,84,000
394.42
Manglam Infra & Engineering Subscription Status day-by-day-
Categories
24 July
25 July
26 July
QIB
0.91
4.82
163.04
NII
10.66
46.40
756.73
RII
26.53
91.50
371.72
Total
15.81
57.08
394.42
Manglam Infra & Engineering Investor Categories
- Qualified Institutional Buyers (QIB).
- Non- Institutional Investors (NII).
- Retail individual Investors (RII).
- Employee (EMP).
- Others (Eligible Shareholders).
Who Is QIB In IPO?
QIB Stands For “Qualified Institutional Buyer” In The Context Of An IPO (Initial Public Offering). QIBs Are A Category Of Institutional Investors Who Are Considered Financially Sophisticated And Meet Certain Regulatory Criteria For Participating In Capital Markets. In The Context Of An IPO, QIBs Play A Significant Role As They Contribute To The Overall Demand For Shares And Help Determine The Success Of The Offering.
Who Is NII In IPO?
NII Stands For “Non-Institutional Investors” In The Context Of An IPO (Initial Public Offering). Non-Institutional Investors Are A Category Of Investors Who Participate In The IPO Alongside Institutional Investors And Retail Investors. NII Typically Includes High Net Worth Individuals (HNIs), Corporate Bodies, Trusts, And Other Entities That Are Not Classified As Institutional Investors But Have The Financial Capacity To Invest Significant Amounts In The IPO.
Who Is RII In IPO?
RII Stands For “Retail Individual Investor” In The Context Of An IPO (Initial Public Offering). Retail Individual Investors Are Individual Investors Who Participate In The IPO Alongside Institutional Investors And Non-Institutional Investors. RII Typically Includes Individual Investors Who Do Not Meet The Criteria To Be Classified As Institutional Investors Or Non-Institutional Investors.
Who Is EMP In IPO?
“EMP” In The Context Of An IPO (Initial Public Offering) Typically Stands For “Employee.” In Some IPOs, A Certain Portion Of The Shares May Be Reserved For Allocation To Employees Of The Company Going Public. These Employees Are Often Referred To As “Employee Shareholders” Or “Employee Participants” (EMP).
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