Will you subscribe Manglam Infra And Engineering SME IPO?

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Last Comment 2024-07-25

2024-07-23

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.

Manglam Infra And Engineering IPO opens for subscription on July 24, 2024 and closes on July 26, 2024. The allotment for the Manglam Infra And Engineering IPO is expected to be finalized on Monday, July 29, 2024. Manglam Infra And Engineering IPO will list on NSE SME with tentative listing date fixed as Wednesday, July 31, 2024.

Manglam Infra And Engineering IPO price band is set at ₹53 to ₹56 per share. The minimum lot size for an application is 2000 Shares. The minimum amount of investment required by retail investors is ₹112,000. The minimum lot size investment for HNI is 2 lots (4,000 shares) amounting to ₹224,000.

IPO Date	July 24, 2024 to July 26, 2024
Listing Date	[.]
Face Value	₹10 per share
Price Band	₹53 to ₹56 per share
Lot Size	2000 Shares

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

GMP is ₹38

Expected Return is 67.86%

Open free demat account and Apply for IPO:

Upstox- https://play.google.com/store/apps/details?id=i...

Upstox - https://upstox.com/open-demat-ac...t/

Zerodha - https://zerodh...m/

Disclaimer

We are not SEBI/IRDA registered. The information provided herein is for education purposes only. We will not be responsible for any of your profit/loss with this channel's suggestions. Consult your financial advisor before making any decisions.

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