Manglam Infra And Engineering IPO

Manglam Infra and Engineering Ltd IPO: Fresh issue of 49.32 lakh shares worth INR 27.62 crores to fund working capital and general corporate needs.

Important Details

Open Date : July 24, 2024 Close Date : July 26, 2024 Allotment Date: July 29, 2024 Listing Date: July 31, 2024

Important Details

IPO Price: INR 53-56 per share Lot Size: 2000 Shares Total Issue Size: INR 27.62 crores

Fundamental Analysis

Manglam Infra & Engineering IPO analysis shows mixed performance: 1. Revenue Consistent increase & Equity: Shows growth. 2. Debt Reliance: Increased, Profitability: Improved. 3. EPS: Improved, RoNW: Slight decrease. 4. Assets: Indicate business growth.

Peer Comparison

Manglam Infra & Engineering Limited: Strong revenue growth,Improved EPS,Solid profitability,Moderate RoNW. Rudrabhishek Enterprises Limited:Higher revenue,Higher EPS,Higher RoNW.

Objective

Manglam Infra and Engineering Limited’s main objective is to meet working capital requirements.

Risks And Challenges

Manglam Infra And Engineering IPO Risks: 1. Reliance on government clients. 2. Unpredictable project awards through bidding. 3. Performance depends on timely contract awards. 4. Risk of operational fluctuations and inefficiencies.