Manglam Infra & Engineering Ltd
Registered Office:
H # 46 Nikhil Nestles Jatkhedi,Hoshang.Rd University Bhopal,
Bhopal
-
462026,
Madhya Pradesh, India.
Initial public issue of 49,32,000^ equity shares of face value of (Rs) 10 each ("Equity Shares") of Manglam Infra & Engineering Limited ("Company") for cash at a price of (Rs) 56 per equity share (including a share premium of (Rs) 46 per equity share) ("Issue Price") aggregating to (Rs) 27.62 crores of which 5,22,000 equity shares of face value of (Rs) 10 each for cash at a price of (Rs) 56 per equity share including a share premium of (Rs) 46 per equity share aggregating to (Rs) 2.92 crores was reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 44,10,000 equity shares of face value of (Rs) 10 each at a price of (Rs) 56 per equity share (including a share premium of (Rs) 46 per equity share) aggregating to (Rs) 24.70 crores is herein after referred to as the "Net Issue". The issue and the net issue constituted 28.03% and 25.06% respectively of the post issue paid up equity share capital of the company.
The face value of equity shares is (Rs) 10 each. The issue price is 5.6 times the face value of the equity shares.
^Subject to finalization of basis of allotment
Opens On
Closes On
Application
Allotment
24-Jul-24
26-Jul-24
56.00-0.00
0.00-0.00
Minimum Application for shares in Nos :
2000
Further Multiples of :
2000
(Rs.Cr)
Lead Managers to the Issue
Project Financed through Current Offer
27.62
Post Issue Equity Share Capital
17.60
To meet the working capital requirements
General corporate purposes
Ajay Verma
Yogendra Kumar Singh
Seema Verma