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Open
4 Sep 2017
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Close
8 Sep 2017
3
Allotment
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Listing
Mon, Sep 18, 2017
Price Band
₹30 per share
Issue Size
18,36,000 shares (agg. up to ₹6 Cr)
Lot Size
4,000 Shares
Listing Date
Mon, Sep 18, 2017
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 2.85x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2017 | 31 Mar 2016 | 31 Mar 2015 |
|---|---|---|---|
| Assets | 13.03 | 13.83 | 11.10 |
| Total Income | 18.30 | 16.44 | 16.23 |
| Profit After Tax | 1.03 | 0.61 | 0.00 |
| NET Worth | 4.86 | 4.35 | 4.24 |
| Reserves and Surplus | 3.85 | 2.82 | 2.25 |
| Total Borrowing | 3.63 | 3.31 | 2.58 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Univastu India Ltd. | SME | ₹5.99 Cr | ₹40 | null | ₹40.20 | +0.50% | ₹119.53 (+1.02%) |
| Transwind Infrastructures Ltd. | SME | ₹7.29 Cr | ₹27 | null | ₹32.40 | +20.00% | ₹13.15 (+4.78%) |
| Akash Infra-Projects Ltd. | SME | ₹25.50 Cr | ₹125 | null | ₹128.15 | +2.52% | ₹26.95 (-0.26%) |
| Mewar Hi-Tech Engineering Ltd. | SME | ₹2.34 Cr | ₹22 | null | ₹26.40 | +20.00% | ₹65.00 (+0.00%) |
| Shashijit Infraprojects Ltd. | SME | ₹3.49 Cr | ₹15 | null | ₹15.25 | +1.67% | ₹2.43 (-3.19%) |
| PSP Projects Ltd. | Mainboard | ₹211.68 Cr | ₹210 | null | ₹199.50 | -5.00% | ₹1,056.20 (-1.59%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To part finance incremental working capital requirements of the Company | 3.80 |
| 2 | General corporate purposes | 1.25 |
About Manav infra projects IPO
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 Contracts2. Cleaning & Grubbing3. Erosion & Soil Control Measures4. Basement Digging5. Back Filling6. Handling and transportation of limestone and coal7. Civil work for internal storm water surface drainage+ Read More
Contact Details
Manav infra projects Ltd. Address308, 3rd FloorBlue Rose Ind Premises Co-Op SocietyBorivali (East)Mumbai, Maharashtra, 400065+91-22-2854 0694mip@manavinfra.comVisit Website