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Incorporated in 2009, Manav infra projects Ltd is engaged into the business of civil construction services such as piling, excavation, road construction, land leveling. They also provide a complete range of earth moving machines and construction equipments on rent for all type of infrastructure and construction related work.
Company's customer include medium to large size of construction and infrastructure companies like Kanakia Spaces Realty Pvt Ltd, J Kumar Infra Projects Ltd, ACC Ltd, J P Infra Constructions, Simplex Infrastructure Ltd, Man Infra Constructions Ltd and Nirmal Lifestyle Limited. They have advances machines built by top class international brands like Caterpillar(CAT), Volvo, Kobelco, Tata Hitachi, JCB, Furukawa, Ashok Leyland, Komatsu and more.
Manav's other services include:
1. Residential & Commercial Contracts
2. Cleaning & Grubbing
3. Erosion & Soil Control Measures
4. Basement Digging
5. Back Filling
6. Handling and transportation of limestone and coal
7. Civil work for internal storm water surface drainage
The promoter of the company is
1. Mr. Mahendra Narayan Raju
| Particulars | For the year/period ended (in Rs. million) | |||||
|---|---|---|---|---|---|---|
| 31-Mar-17 | 31-Mar-16 | 31-Mar-15 | 31-Mar-14 | 31-Mar-13 | ||
| Total Assets | 1,302.68 | 1,383.33 | 1,110.26 | 1,509.76 | 1,525.85 | |
| Total Revenue | 1,829.67 | 1,644.35 | 1,622.54 | 1,197.17 | 1,210.25 | |
| Profit After Tax | 103.16 | 60.85 | 0.44 | 20.53 | 38.99 | |
The object of the issue are:
1. To part finance incremental working capital requirements of the Company;
2. To meet General corporate purposes;
3. To meet the expenses of the Issue.
| IPO Opening Date | Sep 4, 2017 |
| IPO Closing Date | Sep 8, 2017 |
| Issue Type | Fixed Price Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹30 per equity share |
| Market Lot | 4000 Shares |
| Min Order Quantity | 4000 Shares |
| Listing At | NSE SME |
| Issue Size | 1,836,000 Eq Shares of ₹10 (aggregating up to ₹5.51 Cr) |
The Manav infra projects IPO market lot size is 4000 shares. A retail-individual investor can apply for up to 1 lots (4000 shares or ₹120,000).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 4000 | ₹120,000 |
| Maximum | 1 | 4000 | ₹120,000 |
Considering fully priced issue, risk savvy cash surplus investors may invest for long term. Read detail review...
The Manav infra projects IPO is subscribed times on Sep 8, 2017 5:00:00 PM. The public issue subscribed times in the retail category, times in the QIB category, and times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| NII | |
| Retail | |
| Total |
| Listing Date | Monday, September 18, 2017 |
| BSE Script Code | |
| NSE Symbol | MANAV |
| Listing In | |
| ISIN | INE104Y01012 |
| IPO Price | ₹30 per equity share |
| Face Value | ₹10 per equity share |
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Manav infra projects Ltd
308, 3rd Floor,
Blue Rose Ind Premises Co-Op Society,
Borivali East, Mumbai-400 066
Phone: +91-22-2854 0694
Email: mip@manavinfra.com
Website: http://www.manavinfra.com
KFintech Private Limited
Phone: 04067162222, 04079611000
Email: manavinfraprojects.ipo@karvy.com
Website: https://karisma.kfintech.com/
Manav infra projects IPO is a SME IPO of 1,836,000 equity shares of the face value of ₹10 aggregating up to ₹5.51 Crores. The issue is priced at ₹30 per equity share. The minimum order quantity is 4000 Shares.
The IPO opens on Sep 4, 2017, and closes on Sep 8, 2017.
KFintech Private Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
The Manav infra projects IPO opens on Sep 4, 2017 and closes on Sep 8, 2017.
Manav infra projects IPO lot size is 4000 Shares and the minimum order quantity is 4000 Shares.
You can apply in Manav infra projects IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Manav infra projects IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Manav infra projects IPO allotment status.
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