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Open
24 Jul 2024
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Close
26 Jul 2024
3
Allotment
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Listing
Wed, Jul 31, 2024
Price Band
₹53 to ₹56
Issue Size
49,32,000 shares (agg. up to ₹28 Cr)
Lot Size
2,000 Shares
Listing Date
Wed, Jul 31, 2024
Latest GMP
₹52
Est. Gain
92.86%
✦ AI Insight
GMP Trend
31-07-2024₹52Est. ₹108+92.86%
30-07-2024₹52Est. ₹108+92.86%
29-07-2024₹52Est. ₹108+92.86%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 275.25x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 33.18 | 21.04 | 16.73 |
| Total Income | 40.51 | 34.78 | 26.78 |
| Profit After Tax | 6.76 | 5.54 | 3.33 |
| NET Worth | 17.10 | 10.26 | 7.79 |
| Reserves and Surplus | 4.44 | ||
| Total Borrowing | 4.47 | 2.26 | 1.87 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Qualitek Labs Ltd. | SME | ₹19.64 Cr | ₹100 | 18.21 | ₹199.50 | +99.50% | ₹457.50 (+4.81%) |
| Techknowgreen Solutions Ltd. | SME | ₹16.72 Cr | ₹86 | 9.71 | ₹91.35 | +6.22% | ₹126.00 (-3.82%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To meet the working capital requirements, and | 19.35 |
| 2 | General corporate purposes | 4.97 |
About Manglam Infra IPO
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 MoU
Contact Details
Manglam Infra & Engineering Ltd. AddressH.NO.46, Nikhil Nestles JatkhediHoshangabad Road, University(Bhopal) HuzurBhopal, Madhya Pradesh, 462026+0755 4289475cs@manglaminfra.comVisit Website