Manglam Infra and Engineering Limited
ListedSMEInfrastructure & 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
₹52
+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
Last updated 12 days ago
Overall Subscription
394.59x
Total Demand
QIB Multiplier
163.04x
Institutions & Funds
NII / HNI
757.53x
High Net-Worth
Retail (RII)
371.72x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 882,000 | 143,800,000 | 163.04x |
| NIB | 660,000 | 499,968,000 | 757.53x |
| RETAIL | 1,544,000 | 573,940,000 | 371.72x |
| Total | 3,086,000 | 1,217,708,000 | 394.59x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 863 | 320,794 | 371.72x |
| HNIs (10L +) | 6 | 4,545 | 757.53x |
| HNIs (2-10L) | 26 | 19,696 | 757.53x |
| Total Applications | 895 | 345,035 | 385.51x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
About Manglam Infra and Engineering Limited Public Issue & Market Profile
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.
Bidding & Quota Instructions:
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.
Allotment Reconciliation Schedule:
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.
Frequently Asked Questions
What is Manglam Infra and Engineering Limited IPO GMP today?
The latest Grey Market Premium (GMP) for Manglam Infra and Engineering Limited IPO is ₹52 per equity share. Based on the upper price band of ₹53 to ₹56 per equity share, the estimated listing price is ₹108 (+92.9% expected listing gain).
What is the expected profit per lot for Manglam Infra and Engineering Limited IPO?
With a lot size of 2000 shares and current GMP of ₹52, the expected profit per application lot is approx ₹1,04,000 (+92.9% gain). Minimum application cost is approx ₹1,12,000.
What is the issue size and price band for Manglam Infra and Engineering Limited IPO?
The Manglam Infra and Engineering Limited IPO aggregate issue size is ₹27.62 Crores with an equity price band set at ₹53 to ₹56 per equity share. The retail lot size is 2000 shares requiring a minimum capital outlay of approx. ₹1,12,000.
How can I check Manglam Infra and Engineering Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 394.59x (Retail: 371.72x, QIB: 163.04x, NII: 757.53x). You can track live multiples directly on our dedicated subscription page.
Where and when will Manglam Infra and Engineering Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2024-07-29. Investors can verify status using PAN card or application number.
When is the listing date for Manglam Infra and Engineering Limited IPO?
Manglam Infra and Engineering Limited shares are scheduled to list on NSE on 2024-07-31.