Manav infra projects Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 872,000 (47%) | — | ₹262 Cr |
| Retail | — | 872,000 (47%) | — | ₹262 Cr |
| Market Maker | — | 92,000 (5%) | — | ₹3 Cr |
| Σ Total | — | 1,836,000 (100%) | — | ₹5,508 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 4,000 | ₹120,000 |
| Retail (Max) | 13 | 52,000 | ₹1,560,000 |
| S-HNI (Min) | 14 | 56,000 | ₹1,680,000 |
| B-HNI (Min) | 67 | 268,000 | ₹8,040,000 |
Financial Statements Amount in ₹ Crore
| Metric | 31-Mar-17 | 31-Mar-16 | 31-Mar-15 |
|---|---|---|---|
| Revenue | 1,830 | 1,644 | 1,623 |
| Profit After Tax | 103 | 61 | 0 |
| Total Assets | 1,303 | 1,383 | 1,110 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- To part finance incremental working capital requirements of the Company – 3.80
- General corporate purposes – 1.25
Company Overview
Incorporated in 2009, Manav infra projects Ltd is engaged into the business of civil construction services such as piling, excavation, road construction, land leveling. They also provide a complete range of earth moving machines and construction equipments on rent for all type of infrastructure and construction related work.
Company's customer include medium to large size of construction and infrastructure companies like Kanakia Spaces Realty Pvt Ltd, J Kumar Infra Projects Ltd, ACC Ltd, J P Infra Constructions, Simplex Infrastructure Ltd, Man Infra Constructions Ltd and Nirmal Lifestyle Limited. They have advances machines built by top class international brands like Caterpillar(CAT), Volvo, Kobelco, Tata Hitachi, JCB, Furukawa, Ashok Leyland, Komatsu and more.
Manav's other services include:
1. Residential & Commercial Contracts
2. Cleaning & Grubbing
3. Erosion & Soil Control Measures
4. Basement Digging
5. Back Filling
6. Handling and transportation of limestone and coal
7. Civil work for internal storm water surface drainage