Manglam Infra & Engineering Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 2,204,000 (45%) | — | ₹1,234 Cr |
| NII (HNI) | — | 662,000 (13%) | — | ₹371 Cr |
| Retail | — | 1,544,000 (31%) | — | ₹865 Cr |
| Market Maker | — | 522,000 (11%) | — | ₹292 Cr |
| Σ Total | — | 4,932,000 (100%) | — | ₹27,619 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 | 2,000 | ₹112,000 |
| Retail (Max) | 13 | 26,000 | ₹1,456,000 |
| S-HNI (Min) | 14 | 28,000 | ₹1,568,000 |
| B-HNI (Min) | 67 | 134,000 | ₹7,504,000 |
Financial Statements Amount in ₹ Lakhs
| Metric | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue | 3,318 | 3,318 | 3,318 |
| Profit After Tax | 676 | 554 | 333 |
| Net Worth | 1,710 | 1,026 | 779 |
| Total Assets | 3,318 | 2,104 | 1,673 |
| Reserves & Surplus | 779 | — | — |
| Total Borrowing | 779 | 779 | 779 |
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 meet the working capital requirements, and –
- General corporate purposes; –
Company Overview
Incorporated in 2010, Manglam Infra and Engineering Limited is a company that helps manage infrastructure projects. They provide detailed project reports, supervise and control quality, and handle the operation and maintenance of things like highways, bridges, tunnels, and urban buildings.
The company offers design, engineering, procurement, construction, and integrated project management services.
The company's services include DPR and feasibility studies, Operations & 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 Audit, Inspection of bridges & Roads.
The company has 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, they have completed 127 projects. Out of these, 116 projects were done independently, and 11 projects were completed through joint ventures and MoUs with the central government.
As of May 31, 2024, the company has 272 employees out of which 159 are qualified engineers.