Manglam Infra IPO Subscription Details

Bookbuilding IPO | ₹28 Cr | Listed at NSE SME | Wed, Jul 24, 2024 - Fri, Jul 26, 2024

Basis of Allotment - Manglam Infra IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)8,82,00013,22,00022,04,0006,62,00015,44,00044,10,000
Allotment price (Rs.)565656565656
No.of applications7157621,1822,84,5513,05,809
No.of shares applied14,37,04,00019,70,00014,56,74,00049,90,66,00056,91,02,0001,21,38,42,000
Amount collected (Rs.cr.)804.74 11.03 815.77 2,794.77 3,186.97 6,797.52
No.of times subscribed162.931.4966.10753.88368.59275.25
No.of shares allotted8,82,00013,22,00022,04,0006,62,00015,44,00044,10,000
Amount (Rs.cr.)4.94 7.40 12.34 3.71 8.65 24.70
No.of allottees0550772777

IPO Shares Offered

Manglam Infra IPO is a public issue of 0.44 Cr equity shares. The issue offers 0.15 Cr shares to retail investors, 0.22 Cr shares to qualified institutional buyers, and 0.07 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
Market Maker5,22,0002.92 10.58%
QIB 22,04,00012.34 44.69%
    Anchor 13,22,000 7.40 26.80%
    QIB (Ex Anchor) 8,82,000 4.94 17.88%
NII* 6,62,0003.71 13.42%
Retail15,44,0008.65 31.31%
Total49,32,00027.62 100%

Manglam Infra IPO Anchor Investor Allocation

A total of 13,22,000 shares at a price of Rs 56 per share will be allotted to the anchor investors.

Anchor investors bid opening dateJul 23, 2024
Anchor investor price₹56.00
Anchor investors as % of QIBs59.98%
No. of shares locked-in for 30 days6,61,000
No. of shares locked-in for 90 days6,61,000
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 PERSISTENT GROWTH FUND PERSISTENT 4,46,000 2.50 33.74 9.04
2 NORTH STAR OPPORTUNITIES FUND VCC-BULL VALUE INCORPORATED VCC SUB FUND NORTH STAR 2,66,000 1.49 20.12 5.39
3 SAINT CAPITAL FUND SAINT CAPITAL 2,50,000 1.40 18.91 5.07
4 ASHIKA GLOBAL SECURITIES LTD. ASHIKA GLOBAL SECURITIES 1,80,000 1.01 13.62 3.65
5 VIKASA CAPITAL INC. VIKASA 1,80,000 1.01 13.62 3.65
13,22,0007.4010026.80

IPO Subscription FAQs

The Manglam Infra IPO is subscribed 394.42 times by Jul 26, 2024 18:20.

Manglam Infra IPO Subscription

Investor Category Subscription (times)
Qualified Institutional163.04
Non Institutional756.73
Retail Individual371.72
Total Subscription394.42

Retail category of Manglam Infra IPO subscribed 371.72 times as of date Jul 26, 2024 18:20. The public issue closes on Fri, Jul 26, 2024 for bidding.

An investor can apply in Manglam Infra IPO online via bank (using ASBA) or the broker (using UPI). The Manglam Infra IPO shares are offered online only.

The Manglam Infra IPO is subscribed 394.42 times by Jul 26, 2024 18:20.

The Manglam Infra IPO allotment status is expected on or around Monday, July 29, 2024. Visit Manglam Infra IPO allotment status to check.

The Manglam Infra IPO listing date is July 31, 2024. The equity share of Manglam Infra IPO will list on NSE SME.

Visit Manglam Infra IPO subscription status page for real-time bidding information about Manglam Infra IPO.

Manglam Infra IPO Timetable

IPO opens OnWednesday, July 24, 2024
IPO Closes OnFriday, July 26, 2024
Finalisation of Basis of AllotmentMonday, July 29, 2024
Initiation of RefundsTuesday, July 30, 2024
Credit of Shares to Demat AccountTuesday, July 30, 2024
IPO Listing DateWednesday, July 31, 2024
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