Manav infra projects Ltd IPO (Manav infra projects IPO) Detail

Sep 4, 2017 - Sep 8, 2017

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

Company Promoters:

The promoter of the company is

1. Mr. Mahendra Narayan Raju

Company Financials:

Summary of financial Information (Consolidated)
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

Objects of the Issue:

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.

Manav infra projects IPO Details

IPO Opening DateSep 4, 2017
IPO Closing DateSep 8, 2017
Issue TypeFixed Price Issue IPO
Face Value₹10 per equity share
IPO Price₹30 per equity share
Market Lot4000 Shares
Min Order Quantity4000 Shares
Listing AtNSE SME
Issue Size1,836,000 Eq Shares of ₹10
(aggregating up to ₹5.51 Cr)

Manav infra projects IPO Lot Size

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).

ApplicationLotsSharesAmount (Cut-off)
Minimum14000₹120,000
Maximum14000₹120,000

Manav infra projects IPO Subscription Status (Bidding Detail)

The Manav infra projects IPO is subscribed times on Sep 8, 2017 17:00. The public issue subscribed in the retail category, in the QIB category, and in the NII category. Check Day by Day Subscription Details (Live Status)

CategoryIPO Subscription
NII

RII

Total

Manav infra projects IPO Prospectus

Manav infra projects IPO Rating

141
3.9
Rating:Rated 3.9 stars

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Manav infra projects IPO Listing Date

Listing DateMonday, September 18, 2017
BSE Script Code
NSE SymbolMANAV
Listing In
ISININE104Y01012
IPO Price₹30 per equity share
Face Value₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume
NSE SME
IPO Price:₹30.00
Open:₹32.00
Low:₹24.00
High:₹33.00
Last Trade:₹24.00
Volume:248,000

Manav infra projects IPO Reviews / Ratings

Company Contact Information

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

Manav infra projects IPO Registrar

KFintech Private Limited
   KFintech, Tower-B, Plot No 31 & 32,
   Financial District, Nanakramguda, Gachibowli,
   Hyderabad, Telangana India - 500 032.

Phone: 04067162222, 04079611000
Email: manavinfraprojects.ipo@karvy.com
Website: https://karisma.kfintech.com/

Manav infra projects IPO FAQs

  1. What is Manav infra projects IPO?

    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.

  2. When Manav infra projects IPO will open?

    The Manav infra projects IPO opens on Sep 4, 2017 and closes on Sep 8, 2017.

  3. What is the lot size of Manav infra projects IPO?

    Manav infra projects IPO lot size is 4000 Shares and the minimum order quantity is 4000 Shares.

  4. How to apply for Manav infra projects IPO?

    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.

  5. When Manav infra projects IPO allotment?

    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.

  6. When is Manav infra projects IPO listing date?

    The Manav infra projects IPO listing date is on Monday, September 18, 2017.

Manav infra projects IPO Message Board

Ranked Members  Ranked Members

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39. beingshreyas |Nov 23, 2017 13:24
Are there chances of getting out of this stock. Seems never cross 20.
38. IPOBeginner |Oct 17, 2017 08:23
Can anyone guide me as allotted 4000 @ 30/- how much time will take to recover the amount?
37. REAL IPO |Sep 27, 2017 00:36
manav infra''s acchul price is only Rs.12. but greedy promotor and book lead manager Price decide Rs 30. it''s a big cheating to RETAIL investors.so complaint against manav infra to SEBI.
36. Kightrider |Sep 21, 2017 12:51
Is there any chance to lift price from 23 level. If not will have to sell all four lots
35. jigS P |Sep 23, 2017 00:41
Huge loss. Is company fraud? What to do now? Pl suggest. Its below 20 today
34. S T |Sep 24, 2017 21:29
Don’t apply in any of the SME IPO that belongs to Mumbai.. Bech ke kha leta hei logo ko.. Same case with Ashok Masala Mart Ltd. stocks
33. Saloni Cons. |Sep 20, 2017 09:49
I GOT ALLOTMENT 3 OUT OF 4.SOME THING FISHY IN ALLOTMENT.I WANT TO GOES TO SEBI.HOW CAN I COMPLAINT ABOUT IT?
33.1. beingshreyas |Sep 20, 2017 14:27
hold for few days
32. Saloni Cons. |Sep 20, 2017 09:56
THERE WAS HUGE LOSS.IN ONE LOT ABOUT 40000/- LOSS.HOW CAN WE PUT TRUST IN SMALL GOOD COMPANY WHEN ITS MARKET MAKER IS BRING PRICE DOWN.
31. IPOBeginner |Sep 19, 2017 08:55
Sell or Hold? Pls guide.
30. ankur garg |Sep 13, 2017 19:18
listing will at 20% upeer cuircuit
30.1. Kaal |Sep 13, 2017 19:53
On which basis U can predict bro.
30.2. beingshreyas |Sep 18, 2017 22:01
discount
29. DHAVAL CHHAG |Sep 14, 2017 20:38
I GOT ALLOTMENT OF MANAV INFRA WHEN IT WILL LISTING ??
29.1. beingshreyas |Sep 18, 2017 22:00
have u sold? or holding?
28. STOCKT |Sep 18, 2017 14:14
Navigant issues should not be bought anyway.i have never applied for navigant issues
28.1. beingshreyas |Sep 18, 2017 15:34
should one hold for sometime?
28.2. beingshreyas |Sep 18, 2017 20:07
there is no such word as ''navigant''
27. Vin Vin |Sep 18, 2017 16:28
Manav infra has business model similar to capacite infra.. later one was oversubscribed 630 times in NII and this one listed in discount..
any views on long term holding of manav infra
26. beingshreyas |Sep 18, 2017 11:23
Manav infra was claimed to be good but opened in hugh discount. What is the word on Worth Peripherals and DP Wires now. Or should go for mainline IPOs at this point of time?
26.1. snp |Sep 18, 2017 12:40
there has been positive buzz regarding worth peripherals, however SME ipos are risky in their own way due to lot restriction and more chances of manipulation by big players. You should only go for them if you feel confident enough and willing to accept losses.
25. Kaal |Sep 16, 2017 15:12
Current GMP of manav. Any?
25.2. Kaal |Sep 16, 2017 18:31
Issue price 30+ 20% UC it means rs.6 =36
So second day also 20% UC expected ?
25.3. Ficpl |Sep 18, 2017 12:18
Top Contributor Top Contributor (200+ Posts, 500+ Likes)
Kya dost kuch bhi
24. beingshreyas |Sep 18, 2017 11:14
Opened in discount. What to do now?
23. Vin Vin |Sep 18, 2017 10:21
Manav Infra got listed and trading at discount of 18%
22. Kightrider |Sep 18, 2017 00:24
18 Monday will not be possible. Please share right listing date
21. Kaal |Sep 17, 2017 19:34
Listing expected what???¿¿
20. Kightrider |Sep 15, 2017 22:21
Please anyone can share listing date if fixed
20.1. Kaal |Sep 16, 2017 18:34
Monday 18th final







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