Skip to main content
NSE - SMEListed
Manglam Infra and Engineering Limited Logo

Manglam Infra and Engineering Limited IPO

Manglam Infra and Engineering Limited IPO

IPO Date :
Issue Price :
Allotment Date :
Listing Date :
List Price :
Lot Size:
Subscription:
Listed Price: ₹ 106.40 (+90.00%)

Following its successful public offering, Manglam Infra and Engineering Limited's made its market debut on 31-07-2024 and is now actively traded on the NSEplatform. The IPO mobilized 49,32,000 Shares in total capital, including 49,32,000 Shares in primary equity infusion.

The offering was structured with a price band of ₹53 to ₹56 and minimum investment lots of 2000 shares. Investor participation during the subscription window from 24-07-2024 to 26-07-2024 demonstrated market confidence in the company's prospects.

The allotment process concluded on 29-07-2024, allocating shares to successful bidders. The listing represents the culmination of the IPO process, transitioning the company to publicly traded status with enhanced transparency and governance standards.

Manglam Infra IPO Details
Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

IPO Reservation
Manglam Infra IPO Key Performance Indicator
Company Financials ( In Lakhs )

Manglam Infra IPO About Company

Incorporated in 2010, Manglam Infra and Engineering Limited is a specialized infrastructure services company offering end-to-end project execution across highways, bridges, tunnels, and urban buildings. Its comprehensive portfolio includes detailed project reports and feasibility studies, operations and maintenance services, project management consultancy, independent engineering, project planning and design, estimation, supervision and quality control, technical and structural audits, financial analysis, and inspection of roads and bridges. With a strong presence across multiple Indian states—including Madhya Pradesh, Jammu & Kashmir, Bihar, Arunachal Pradesh, Jharkhand, Himachal Pradesh, Uttar Pradesh, Manipur, Nagaland, Maharashtra, Assam, Rajasthan, Uttarakhand, and Haryana—the company has successfully completed 127 projects, 116 independently and 11 through joint ventures or MoUs with the central government. As of May 31, 2024, Manglam Infra and Engineering Limited employs 272 professionals, including 159 qualified engineers, underscoring its technical strength and execution capability.


Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."


Manglam Infra IPO Strength Factors

  1. Diversified Project Presence: Strong footprint across highways, bridges, tunnels, and urban infrastructure projects across multiple Indian states.
  2. Comprehensive Services & Proven Execution: Offers end-to-end solutions—planning, design, supervision, quality control, and technical audits—with a successful track record of completing 127 projects.
  3. Skilled Workforce & Strong Leadership: A robust team of 272 employees, including 159 qualified engineers, backed by an experienced management team ensuring reliable and high-quality project delivery.

Manglam Infra IPO Risk Factors

  1. Dependence on New Contracts: Revenue growth depends heavily on securing fresh contracts, making financial performance vulnerable to factors outside the company’s control.
  2. Order Book & Delay Risks: Delayed project execution or inability to realize order book values can impact financial health and operational performance.
  3. High Employee Cost Burden: A large workforce requires steady project flow; delays in new contracts may lead to increased employee costs, reducing profitability.

Manglam Infra IPO Lead Manager(s)

  • Unistone Capital Private Limited

Manglam Infra IPO Promoter(s)

  1. Yogendra Kumar Singh
  2. Ajay Verma
  3. Nisha Singh
  4. Seema Verma

Manglam Infra IPO Company Details

Manglam Infra and Engineering Limited
Phone:
address:

Manglam Infra IPO Registrar

Bigshare Services Private Limited
Name:
Phone:

Manglam Infra IPO FAQs