Manglam Infra and Engineering Logo

Manglam Infra and Engineering Limited

MIEL

53-56

per share
Bidding Dates
24-26 Jul
Min. Investment
₹1,06,000.00
Lot Size
2000 shares
Issue Size
₹27.62 Cr
IPO Timeline
Bidding starts
24 Jul ‘24
Bidding ends
26 Jul ‘24
Allotment finalisation*
29 Jul ‘24
Refund initiation*
30 Jul ‘24
Demat transfer
30 Jul ‘24
Listing
31 Jul ‘24
* Refund is a 7-10 days process. If you don’t get refund then please contact your bank.

About Manglam Infra and Engineering Limited

Established in 2010, Manglam Infra and Engineering Limited stands as a prominent infrastructure consultancy firm specializing in project management consultancy services. With a robust portfolio spanning Highways/Roads, Bridges, Tunnels, and Buildings/Urban development, the company has successfully completed 127 projects till date. These include 116 independent projects and 11 joint ventures or MoUs with industry partners, underscoring their versatile approach and strategic collaborations across multiple states such as Madhya Pradesh, Jammu & Kashmir, Bihar, and others, alongside engagements with the central government.

Manglam Infra and Engineering Limited operational strength lies in its dedicated team of over 300 qualified professionals, each bringing 7 to 15+ years of expertise. Manglam Infra utilizes a sophisticated information management system to streamline operations, enhance decision-making processes, and optimize resource allocation. This system not only accelerates project timelines but also supports strategic planning and cost-efficiency measures by integrating various business functions seamlessly.

In a competitive landscape dominated by both organized entities and unorganized players, Manglam Infra emphasizes quality assurance and client-centric service delivery to maintain its competitive edge. Leveraging its established reputation, strong client relationships, and stringent quality control measures, the company continues to secure pre-qualifications necessary for bidding on major projects. For higher-value contracts, strategic alliances and joint ventures with experienced firms further bolster their capability to deliver complex projects on time and within budget.

Manglam Infra remains committed to innovation and operational excellence. Their ability to accurately estimate project costs, coupled with their proven track record in timely project completion, plays a pivotal role in sustaining profitability and consolidating their position in the market. With a focus on continuous improvement and adapting to industry dynamics, the company is poised to capitalize on emerging opportunities and maintain its leadership in the infrastructure consultancy sector.

Manglam Infra and Engineering   prepares for its Initial Public Offering (IPO), the proceeds from the Fresh Issue will be allocated towards critical objectives:

  1. To meet the working capital requirements.
  2. General corporate purposes.

IPO analysis

Registrar information
Name
BIGSHARE SERVICES PRIVATE LIMITED
Phone number
022-6263 8200
Email ID
ipo@bigshareonline.com
Red herring prospectus
View documents submitted by company in filing to understand more details about them.

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