Manav Infra Projects Ltd IPO

Closed

Subscription Details

  • Open Date 04 Sep
  • Close Date 08 Sep
  • Lot Size 4000
  • IPO Size ₹ 5.51 Cr
  • IPO Price Range ₹ 30
  • Min Investment ₹ 120000

Manav Infra Projects Ltd IPO Timeline

Open Date
04 Sep
Close Date
08 Sep
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Public issue of 18,36,000 equity shares of face value of Rs. 10 each (Equity Shares) of Manav Infra Projects Limited (The Company or The Issuer) for cash at a price of Rs. 30 per equity share, including a share premium of Rs. 20 per equity share (The Issue price), aggregating to Rs. 5.51 crores (The Issue), of which 92,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 30 per equity share, aggregating Rs. 0.28 crores will be reserved for subscriptions by the market maker to the issue (The market maker reservation portion). The issue less market maker reservation portion i.e. Issue of 17,44,000 equity shares of face value of Rs. 10 each cash at a price of Rs. 30 per equity share, aggregating Rs. 5.23 crores is hereinafter referred to as the net issue. The issue and the net issue will constitute 26.86% and 25.51% respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10 each and the issue price of Rs. 30/- i.e. 3.00 times of the face value of the equity shares.

How to apply for an IPO?

  • Login to your 5paisa account and select the issue in the current IPO section

  • Enter the number of lots and price at which you wish to apply for

  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange

  • You will receive a mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

Contact Details of Manav Infra Projects Ltd IPO

Contact Information

Address

308 3rd Flr Blue Rose Industr.,
Premises Borivali East,
Mumbai, Maharashtra 400066

Manav Infra Projects Ltd IPO Lead Manager

Navigant Corporate Advisors Ltd
Open Demat Account