Issue Price
₹56
Per Share
GMP
NIL
Grey Market
Est. Listing
₹56
Expected Price
Min. Application
₹224,000
2 lots × 2000 shares
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.
Manglam Infra & Engineering Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 522,000 | — | ₹2.92 Cr | — |
| TOTAL | 4,932,000 | 100.00% | ₹27.62 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹112,000 |
| Retail (Max) | 13 | 26,000 | ₹1,456,000 |
| sNII (Min) | 14 | 28,000 | ₹1,568,000 |
| bNII (Min) | 68 | 136,000 | ₹7,616,000 |
| Particulars | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue from Operations | 3318.23 | 3318.23 | 3318.23 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 676.41 | 554.16 | 332.96 |
| Net Worth | 1710.20 | 1025.95 | 778.69 |
| Total Assets | 3318.23 | 2104.13 | 1673.32 |
| Reserves & Surplus | 778.69 | N/A | N/A |
| Total Borrowings | 778.69 | 778.69 | 778.69 |