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Manglam Infra and Engineering Limited

Manglam Infra and Engineering Limited

smelisted
Registrar: BIGSHARE SERVICES PRIVATE LIMITED · Listing 2024-07-31
IPO Timeline
Today · 20 Oct 2026
Opens
24 Jul 2024
Closes
26 Jul 2024
Allotment
26 Jul 2024
Refund
30 Jul 2024
Demat
29 Jul 2024
Listing
31 Jul 2024
Price Band
₹53–56
GMP
₹0
0%
Lot Size
2000 Shares
Min ₹112,000
Subscription
0x
Issue Size
₹27.62 Cr
Open
2024-07-24
Close
2024-07-26
Listing
2024-07-31

About the company

## **About Manglam Infra and Engineering Limited** Established in 2010, Manglam Infra and Engineering Limited stands as a prominent infrastructure consultancy firm specializing in project management consultancy services. With a robust portfolio spanning Highways/Roads, Bridges, Tunnels, and Buildings/Urban development, the company has successfully completed 127 projects till date. These include 116 independent projects and 11 joint ventures or MoUs with industry partners, underscoring their versatile approach and strategic collaborations across multiple states such as Madhya Pradesh, Jammu & Kashmir, Bihar, and others, alongside engagements with the central government. Manglam Infra and Engineering Limited operational strength lies in its dedicated team of over 300 qualified professionals, each bringing 7 to 15+ years of expertise. Manglam Infra utilizes a sophisticated information management system to streamline operations, enhance decision-making processes, and optimize resource allocation. This system not only accelerates project timelines but also supports strategic planning and cost-efficiency measures by integrating various business functions seamlessly. In a competitive landscape dominated by both organized entities and unorganized players, Manglam Infra emphasizes quality assurance and client-centric service delivery to maintain its competitive edge. Leveraging its established reputation, strong client relationships, and stringent quality control measures, the company continues to secure pre-qualifications necessary for bidding on major projects. For higher-value contracts, strategic alliances and joint ventures with experienced firms further bolster their capability to deliver complex projects on time and within budget. Manglam Infra remains committed to innovation and operational excellence. Their ability to accurately estimate project costs, coupled with their proven track record in timely project completion, plays a pivotal role in sustaining profitability and consolidating their position in the market. With a focus on continuous improvement and adapting to industry dynamics, the company is poised to capitalize on emerging opportunities and maintain its leadership in the infrastructure consultancy sector. Manglam Infra and Engineering   prepares for its Initial Public Offering (IPO), the proceeds from the Fresh Issue will be allocated towards critical objectives: 1. To meet the working capital requirements. 1. General corporate purposes.

Strengths

    Risks

      Financial performance (₹ Cr)

      IPO Roadmap / Timeline

      Current Status · as of 20 Oct 2026
      Listed
      Listed on 31 Jul 2024
      Listed 811 days ago
      1. IPO Opens

        Completed
        24 Jul 2024

        Bidding starts for all investor categories

      2. IPO Closes

        Completed
        26 Jul 2024

        Last day to place your bid

      3. Basis of Allotment

        Completed
        26 Jul 2024

        Share allotment finalised

      4. Refund Initiation

        Completed
        30 Jul 2024

        Refunds credited for non-allottees

      5. Credit to Demat

        Completed
        29 Jul 2024

        Allotted shares credited to demat account

      6. Listing on Exchange

        Completed
        31 Jul 2024

        Shares list on NSE / BSE

      Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.

      Lot size & minimum investment

      Lot Size
      2000 shares
      Price / Share (upper)
      ₹56
      Min Investment (1 lot)
      ₹112,000
      Price Band
      ₹53–56
      Retail / Individual
      1 lot only
      Min lots
      1
      Min shares
      2000
      Min amount
      ₹112,000
      Max amount
      ₹112,000
      HNI
      Min 2 lots
      Min lots
      2
      Min shares
      4000
      Min amount
      ₹224,000
      Max amount
      ₹224,000

      Shares reserved per category & allotment probability

      QIB
      100% allotment
      Reservation
      50%
      Amount
      ₹13.81 Cr
      Shares offered
      2,533,945
      Shares bid
      0
      Subscribed
      0.00x
      NII
      100% allotment
      Reservation
      15%
      Amount
      ₹4.14 Cr
      Shares offered
      760,184
      Shares bid
      0
      Subscribed
      0.00x
      Retail
      100% allotment
      Reservation
      35%
      Amount
      ₹9.67 Cr
      Shares offered
      1,773,762
      Shares bid
      0
      Subscribed
      0.00x

      Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).