The Manglam Infra and Engineering IPO Subscription Status started on July 24, 2024, and it is also being subscribed to by QIB, NII, and RII. The Manglam Infra and Engineering IPO opened on July 24, 2024, and closed on July 26, 2024. Manglam Infra and Engineering IPO is to raise ₹27.62 crores through its Fresh Issue and the Manglam Infra and Engineering IPO price band is fixed at ₹53 to ₹56 per share. You can check Manglam Infra and Engineering IPO GMP here.
Manglam Infra and Engineering Limited is a company that helps manage infrastructure projects. They provide detailed project reports, supervise and control quality, and handle operating and maintaining things like highways, bridges, tunnels, and urban buildings. The company offers design, engineering, procurement, construction, and integrated project management services.
Manglam Infra and Engineering IPO reserved shares in this IPO, 50% for QIB 15% for NII, and 35% for the retail category have been reserved. To know the Manglam Infra and Engineering IPO Subscription Status, you can see the below-day Subscription. You can Check Manglam Infra IPO Allotment Status here.
Manglam Infra and Engineering IPO Review :
👉 Manglam Infra and Engineering IPO Show Review ….👈
- ■ The company is engaged in consultancy business for infrastructure projects.
- ■ The company top line strong & bottom line posted strong growth report.
- ■ The company order book of 78.91 cr. as of May 31, 2024.
- ■ The PE ratio of the company is very attarctive.
- ■ Based on FY24 the issue appears fully priced, Investors can bid the long-term investing.
Manglam Infra and Engineering IPO Subscription Status {Live Update} :
The total Manglam Infra and Engineering IPO Subscription Status subscribed 394.42x times so far, with QIB subscribed 163.04x and NII subscribed 756.73x times & RII 371.72x times on Day 3. (Closed)
| Category | Day 1 | Day 2 | Day 3 |
| QIB : | 0.91x | 4.82x | 163.04x |
| NII : | 10.66x | 46.38x | 756.73x |
| RII : | 26.53x | 91.49x | 371.72x |
| Total : | 15.81x | 57.07x | 394.42x |
Manglam Infra and Engineering IPO Shares Offer :
Manglam Infra and Engineering IPO is a public issue of 49,32,000 equity shares. The issue offers 882,000 shares for QIB, 660,000 shares for non-institutional investors, and 15,44,000 shares for retail investors.
| Category | Reserve | Shares Offer | Amount |
|---|---|---|---|
| Anchor : | 26.80% | 1,322,000 | 7.40 |
| QIB : | 17.88% | 882,000 | 4.94 |
| NII : | 13.38% | 660,000 | 3.70 |
| RII : | 31.31% | 1,544,000 | 8.65 |
| MMRP : | 10.62% | 524,000 | 2.93 |
| Total : | 100% | 49,32,000 | 27.62 |
Investor Categories Define :
■ Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, Mutual Funds, insurance companies, and pension schemes.
■ Non-Institutional Investors(NII): Retail Individual Investors, NRIs, Companies, Trusts, etc
● sNII (bids below Rs 10L): The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. The 1/3 of NII category shares are reserved for the Small NII sub-category.● bNII (bids above Rs 10L): The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. The 2/3 of NII category shares are reserved for the Big NII subcategory.
■ Retail Individual Investors (RII): Retail Individual Investors or NRIs
■ Employee (EMP): Eligible Employees
■ Others: Eligible Shareholders
Manglam Infra and Engineering IPO Subscription Status FAQs :
How much was the total Manglam Infra and Engineering IPO Subscription Status?
The total Manglam Infra and Engineering IPO Subscription Status is 394.42x times Day 3.
How much is the Manglam Infra and Engineering IPO retail subscription Status?
Manglam Infra and Engineering IPO Retail Subscription 371.72x times Day 3.
How much is the Manglam Infra and Engineering IPO QIB subscription Status?
The Manglam Infra and Engineering IPO QIB subscription is 163.04x times Day 3.
How much did Manglam Infra and Engineering IPO NII subscribe?
Manglam Infra and Engineering IPO NII Subscription 756.73x times Day 3.
When is the Manglam Infra and Engineering IPO Allotment Date?
Manglam Infra and Engineering IPO allotment date is July 29, 2024.
When is the Manglam Infra and Engineering IPO Listing Date?
Manglam Infra and Engineering IPO listing date is July 31, 2024. The IPO is to be listed on NSE, SME.
How to Apply the Manglam Infra and Engineering IPO through Zerodha?
Log in to the Console on the Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Manglam Infra and Engineering IPO”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Manglam Infra and Engineering IPO through Upstox?
Log in to the Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Manglam Infra and Engineering IPO”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Manglam Infra and Engineering IPO through Groww?
Log in to the Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Manglam Infra and Engineering IPO”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Manglam Infra and Engineering IPO through Paytm Money?
Log in to the Paytm Money Website or app. Now you can see Invest in IPOs Section and Click on IPO. You will see the IPO Name “Manglam Infra and Engineering IPO”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
| Manglam Infra and Engineering IPO GMP: Click Here Manglam Infra and Engineering IPO Details: Click Here Manglam Infra and Engineering IPO Allotment: Click Here Manglam Infra and Engineering IPO Listing: Click Here |
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