| IPO Listing At | NSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹27.62 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹27.62 Cr |
| Fresh Issue | ₹24.70 Cr |
| Face Value | โน10 Per Equity Share |
| Price Band | โน53.00-56.00 per share |
| Discount | Retail: 0.00 |
| NSE Code | MIEL |
| Registrar | Bigshare Services Pvt.Ltd. |
| Lead Managers | Unistone Capital Pvt.Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 2,000 shares and in multiples thereof
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.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | To meet the working capital requirements, and | 19.35 |
| 2 | General corporate purposes | 4.97 |
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 33.18 | 21.04 | 16.73 |
| Total Income | 40.51 | 34.78 | 26.78 |
| Profit After Tax | 6.76 | 5.54 | 3.33 |
| NET Worth | 17.10 | 10.26 | 7.79 |
| Reserves and Surplus | 4.44 | ||
| Total Borrowing | 4.47 | 2.26 | 1.87 |
| Amount in ₹ Crore | |||
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 49.44% |
| ROCE | 44.95% |
| Debt / Equity | 0.26% |
| RoNW | 49.44% |
| PAT Margin | 16.81% |
| Price to Book Value | 4.15 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 5.34 | 3.84 |
| P/E (x) | 10.49 | 14.57 |
| Promoter Holding | 100% | 71.97% |
| Market Cap | โน98.54 Cr. | |