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

September 4, 2017 - September 8, 2017

Manav infra projects IPO is a fixed price issue of Rs 5.51 crores.

Manav infra projects IPO bidding started from September 4, 2017 and ended on September 8, 2017. The shares got listed on NSE SME on September 18, 2017.

Manav infra projects IPO price is ₹30 per share. The minimum lot size for an application is 4000 Shares. The minimum amount of investment required by retail investors is ₹120,000.

Navigant Corporate Advisors Ltd is the book running lead manager of the Manav infra projects IPO, while Kfin Technologies Limited is the registrar for the issue.

Refer to Manav infra projects IPO RHP for detailed information.

Manav infra projects IPO Details

IPO Date September 4, 2017 to September 8, 2017
Listing Date September 18, 2017
Face Value ₹10 per share
Price ₹30 per share
Lot Size 4000 Shares
Total Issue Size1,836,000 shares
(aggregating up to ₹5.51 Cr)
Issue Type Fixed Price Issue IPO
Listing At NSE SME

Manav infra projects IPO Reservation

Manav infra projects IPO offers 1,836,000 shares. 918,000 (50.00%) to NII, 918,000 (50.00%) to RII.

Investor Category Shares Offered
Anchor Investor Shares Offered-
Market Maker Shares Offered--
Other Shares Offered918,000 (50.00%)
Retail Shares Offered918,000 (50.00%)
Total Shares Offered1,836,000 (100%)

Manav infra projects IPO Lot Size

Investors can bid for a minimum of 4000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 4000 ₹120,000
Retail (Max) 1 4000 ₹120,000
Lot Size Calculator

About Manav infra projects Ltd

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 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 (Manav infra projects IPO Objectives)

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 Review (May apply)

[Dilip Davda]  Considering fully priced issue, risk savvy cash surplus investors may invest for long term. Read detail review...

Manav infra projects IPO Subscription Status (Bidding Detail)

The Manav infra projects IPO is subscribed times on September 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)

CategorySubscription (times)

Manav infra projects IPO Prospectus

Manav infra projects IPO Rating

Rating:Rated 3.9 stars
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Manav infra projects IPO Listing Details

Listing Date September 18, 2017
BSE Script Code
ISIN INE104Y01012
Final Issue Price ₹30 per share

Pre-Open Session - NSE

Listing Day Trading Information

Price Details
Final Issue Price
Last Trade

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Manav infra projects Ltd Contact Details

Manav infra projects Ltd
308, 3rd Floor,
Blue Rose Ind Premises Co-Op Society,
Borivali East, Mumbai-400 066
Phone: +91-22-2854 0694

Manav infra projects IPO Registrar

Kfin Technologies Limited

Phone: 04067162222, 04079611000

Manav infra projects IPO - Buy or Not

Manav infra projects IPO Recommendation Summary

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Manav infra projects IPO FAQs

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 share. The minimum order quantity is 4000 Shares.

The IPO opens on September 4, 2017, and closes on September 8, 2017.

Kfin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

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

Manav infra projects IPO lot size is 4000 Shares, and the minimum amount required is ₹120,000.

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, Nuvama, 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.

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

Ranked Members of Forum  Ranked Members | Members with Most Likes



39. beingshreyas |   Link |  Bookmark |November 23, 2017 1:24:02 PM
Are there chances of getting out of this stock. Seems never cross 20.
38. IPOBeginner |   Link |  Bookmark |October 17, 2017 8:23:39 AM
Can anyone guide me as allotted 4000 @ 30/- how much time will take to recover the amount?
37. REAL IPO |   Link |  Bookmark |September 27, 2017 12:36:31 AM
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 complaint against manav infra to SEBI.
36. Kightrider |   Link |  Bookmark |September 21, 2017 12:51:31 PM
Is there any chance to lift price from 23 level. If not will have to sell all four lots
35. jigS P |   Link |  Bookmark |September 23, 2017 12:41:20 AM
Huge loss. Is company fraud? What to do now? Pl suggest. Its below 20 today
34. S T |   Link |  Bookmark |September 24, 2017 9:29:51 PM
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. |   Link |  Bookmark |September 20, 2017 9:49:27 AM
33.1. beingshreyas |   Link |  Bookmark |September 20, 2017 2:27:45 PM
hold for few days
32. Saloni Cons. |   Link |  Bookmark |September 20, 2017 9:56:02 AM
31. IPOBeginner |   Link |  Bookmark |September 19, 2017 8:55:52 AM
Sell or Hold? Pls guide.
30. ankur garg |   Link |  Bookmark |September 13, 2017 7:18:32 PM
listing will at 20% upeer cuircuit
30.1. Kaal |   Link |  Bookmark |September 13, 2017 7:53:44 PM
On which basis U can predict bro.
30.2. beingshreyas |   Link |  Bookmark |September 18, 2017 10:01:06 PM
29. DHAVAL CHHAG |   Link |  Bookmark |September 14, 2017 8:38:34 PM
29.1. beingshreyas |   Link |  Bookmark |September 18, 2017 10:00:41 PM
have u sold? or holding?
28. STOCKT |   Link |  Bookmark |September 18, 2017 2:14:38 PM
Navigant issues should not be bought anyway.i have never applied for navigant issues
28.1. beingshreyas |   Link |  Bookmark |September 18, 2017 3:34:27 PM
should one hold for sometime?
28.2. beingshreyas |   Link |  Bookmark |September 18, 2017 8:07:01 PM
there is no such word as ''navigant''
27. Vin Vin |   Link |  Bookmark |September 18, 2017 4:28:06 PM
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 |   Link |  Bookmark |September 18, 2017 11:23:12 AM
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 |   Link |  Bookmark |September 18, 2017 12:40:23 PM
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 |   Link |  Bookmark |September 16, 2017 3:12:31 PM
Current GMP of manav. Any?
25.2. Kaal |   Link |  Bookmark |September 16, 2017 6:31:56 PM
Issue price 30+ 20% UC it means rs.6 =36
So second day also 20% UC expected ?
25.3. Ficpl |   Link |  Bookmark |September 18, 2017 12:18:01 PM
Top Contributor Top Contributor (200+ Posts, 500+ Likes)
Kya dost kuch bhi
24. beingshreyas |   Link |  Bookmark |September 18, 2017 11:14:23 AM
Opened in discount. What to do now?
23. Vin Vin |   Link |  Bookmark |September 18, 2017 10:21:20 AM
Manav Infra got listed and trading at discount of 18%
22. Kightrider |   Link |  Bookmark |September 18, 2017 12:24:48 AM
18 Monday will not be possible. Please share right listing date
21. Kaal |   Link |  Bookmark |September 17, 2017 7:34:45 PM
Listing expected what???¿¿
20. Kightrider |   Link |  Bookmark |September 15, 2017 10:21:23 PM
Please anyone can share listing date if fixed
20.1. Kaal |   Link |  Bookmark |September 16, 2017 6:34:12 PM
Monday 18th final