Overview Of Company
Manglam Infra & Engineering Limited (MIEL) “(the company)” an ISO certified company (ISO 9001 2015 Certified) is an engineering consulting organization started in the year 2010 as a Partnership Firm Manglam Associates that offers design, planning, engineering, consultation and construction management of highways, roads, bridges tunnels buildings and other related sectors. We also offer service & supply for country & city construction, competency enhancement and environmental consultancy and conduct construction material testing and soil investigation work.
The consulting engineering for Manglam Infra & Engineering Limited was started from the year 2010, earlier the company was named Manglam Associates. Since then, it has offered quality driven support functions to a lot of clients in India by sustaining the vision. At the center of this core team, we have project engineers, highway engineers, pavement engineers, bridge/structures engineers, geotechnical engineers, environmental engineers and more. Together it is possible to create the firm base for a responsible engineering company.
Who we are
Manglam Infra & Engineering Limited is the independent organization which works as a designer, architect, Planners, Engineers Environmental specialists and technical Specialists providing the best consultancy services of the Infra & Engineering. We support the authority in achieving their dreamed visions, making it look like a picture.
The escalated growth of the cumulated attributes and premium Quality of Service in the highly competitive environment set us apart from other competitor. MIEL has always been loved and held in high regard in as far as its services to the its valued Clients are concerned. It was great to work with those clients, and such practices would always try and ensure that they earned their trust by being among the best.
We take up consultancy projects in different fields of engineering. The services of the Company includes; design, engineering, procurement, construction and integrated project management of highways /Roads, Bridges, Tunnels and buildings/Urban development. Company broadened its operation in PAN India as a civil engineer consultant. Presently, it offers co-ordinated best technological support and consultancy services in the construction of highways, express ways, Industrial Building, bridges, tunnels, public health engineering including highways, bridges, tunnels, rural & urban infrastructure & water resources & solid wastes disposal.
We have a team of more than 300 highly skilled and experienced employees working in our project site throughout the country, The current business environment requires a balance of automated and manual systems this is because real-time technology and human intelligence are so vital in today’s world so at our organization, our team offers innovative, accurate, and efficient solutions to our clients.
MIEL’s offices located strategically and with the application of science and engineering in solving problems particularly in the use of technology, MIEL remains to grow more successful for their planning, implementation and management of projects to add value to their clients.
Important Dates of Manglam Infra And Engineering IPO
Manglam Infra And Engineering IPO opens on July 24, 2024, and closes on July 26, 2024.
| IPO Open Date | Wednesday, July 24, 2024 |
| IPO Close Date | Friday, July 26, 2024 |
| Basis of Allotment | Monday, July 29, 2024 |
| Initiation of Refunds | Tuesday, July 30, 2024 |
| Credit of Shares to Demat | Tuesday, July 30, 2024 |
| Listing Date | Wednesday, July 31, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on July 26, 2024 |
Promoter Holding of Manglam Infra And Engineering IPO
The Promoters of the Company, are Yogendra Kumar Singh, Ajay Verma, Nisha Singh and Seema Verma.
| Share Holding Pre Issue | 100.00% |
Financial Information Of Manglam Infra and Engineering Limited
Manglam Infra and Engineering Limited’s revenue increased by 16.46% and profit after tax (PAT) rose by 22.06% between the financial year ending with March 31, 2024 and March 31, 2023.
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 3,318.23 | 2,104.13 | 1,673.32 |
| Revenue | 4,050.79 | 3,478.14 | 2,678.36 |
| Profit After Tax | 676.41 | 554.16 | 332.96 |
| Net Worth | 1,710.20 | 1,025.95 | 778.69 |
| Reserves and Surplus | 443.73 | ||
| Total Borrowing | 447.31 | 225.91 | 186.91 |
| Amount in ₹ Lakhs | |||
Investment Considerations
Strengths
Proven Track Record: Manglam Infra has experience in timely delivery of projects and has also managed to finish projects on time while gaining even more credibility
Diverse Portfolio: In the same light, the company has a diversified project portfolio hence assuming lower risks and continuous earnings.
Experienced Management: The current strong and experienced management team has vast experience and understanding of the industry hence a strategic direction of the company together with efficient operations that follow.
Risks
Economic Slowdown: A recession could also result in reduced project expenditure on the infrastructure affecting the number and, therefore, the revenues of the company.
Regulatory Changes: Potential risks that may affect the implementation of projects may include alteration in government policies and/or regulatory frameworks.
Competitive Pressure: Pressure in the form of intensity could be seen in the form of extent in relation to peers or competitors which in this case could culminate in margin pressures and therefore have an impact on profitability.
Conclusion
Thus, the Manglam Infra and Engineering Limited IPO is one of the best options to invest in the stock market right now as it has a good opportunity to grow rapidly under the Indian infrastructural framework. Credited with a solid performance, healthy balance sheet and sound plans for expansion the firm has an excellent opportunity of capitalising on the current high demand for infrastructural projects within the country. However, the potential investors need to pay a particular attention on the connected risks and the state of the market with the view of making proper investment decisions. to under stand What is IPO click here.
How to Apply Manglam Infra and Engineering Limited IPO through Zerodha?
This Step 1: Login to Zerodha Console
You need to open your browser and visit the Zerodha website: https://console.zerodha.com
Sign in with your security details: Zerodha user ID, password, and PIN to log into the account.
Step 2: Go to the work and finds for IPO section.
Visit Portfolio: After logging to your account, click on the tab ‘Portfolio’ available in left-hand side menu.
Direct to ‘IPO’: Click on ‘Portfolio’ and then click on the ‘IPOs’in blue as marked below from main menu.
Step 3: Choose the Manglam Infra and Engineering Limited
IPOIPO: Take List =>Click on the IPO, Find from a list “Three M Paper Boards Limited”
Click on ‘Apply’: After you select Manglam Infra and Engineering Limited IPO it will take to the next page where he/she needs to click (on one of Bid Details Radio button) as shown in above image and then finally at bottom after Terms & Condition, Demat No etc. Click On Apply
4. On the next screen, fill in your Application Details
UPI ID : In application form, you have to enter your UPI ID To do so make sure your UPI ID is linked to the Bank account having an equivalent asset glossed with amount payable.
Bid Details: Fill in the number of shares you want to apply for, and bid price You may opt for cut-off price and apply using the ‘Cut Off’ parameters.
Verify Your Information: Review all information entered to make sure it is accurate
Step 5: Fill out and submit the Application
Step 4:Click Submit: After entering all the mandatory details, click on submit button.
Mandate on UPI: You will receive a mandate request in your UPI app. You need to login using your mobile app and approve the mandate for blocking funds required for IPO application.
Step 6: Verify Your App
Once you have successfully validated the UPI mandate your IPO application will be submitted. 3) Check status: Where can you see the status of your application;”’goto my order ==> IPO & check in Order Book section