
Infrastructure & Construction · NSE
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.
Price Band
₹53 – ₹56
Issue Size
₹27.62 Cr
Lot Size
2000 shares
GMP
+92.9%
Est. Listing
₹108
at current GMP
Subscribed
394.59x
overall
Open
24 Jul 2024
Close
26 Jul 2024
Allotment
29 Jul 2024
Refund
30 Jul 2024
Demat Credit
31 Jul 2024
Listing
31 Jul 2024
Designated Registrar: Bigshare Services Private Limited
Allotment Date
29 Jul 2024
Basis finalization
Refunds Initiate
30 Jul 2024
Mandate release
Demat Credit
31 Jul 2024
Shares in demat
Listing Debut
31 Jul 2024
Trading begins
Manglam Infra and Engineering Limited is bringing an initial public offering (IPO) in the Infrastructure & Construction sector with an aggregate issue size of ₹27.62 Crores. The shares are offered at a price band of ₹53 to ₹56 per equity share on NSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2024-07-26, the basis of allotment is scheduled to be finalized on 2024-07-29. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Bigshare Services Private Limited) or the BSE allotment checking window.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.