Manglam Infra and Engineering IPO GMP today, allotment, listing, price: Hits Rs 52-mark

Manglam Infra and Engineering IPO GMP today, allotment, listing, price: Hits Rs 52-mark

Manglam Infra and Engineering IPO GMP today: The initial public offers space in India has been so busy and hot that even the government had to express its caution to investors. Market watchdog Sebi even slapped a 90 per cent cap on listing gains, disappointing many investors. This was done as many IPOs had been listed with over 100 per cent gains and it was drawing investors to put in money in each and every IPO that came along without actually doing due diligence. Manglam Infra and Engineering IPO too has been receiving a lot of love and attention from investors too. Notable part is that, barring a hiccup here and there, global markets have been on an unprecedented surge for months now. And investors are drawn to the same like moths to flame, so to speak.

Manglam Infra and Engineering IPO GMP today

That Manglam Infra and Engineering IPO is drawing a lot of attention is clear from its subscription as well as the grey market premium available. Manglam Infra and Engineering IPO GMP today is at a high Rs 52 on July 30 2024. 

Manglam Infra and Engineering IPO price band is 56 (upper end). And that means the estimated Manglam Infra and Engineering IPO listing price is Rs 108. Manglam Infra and Engineering IPO listing gain is estimated at 92.86%, according to InvestorGain.

Manglam Infra and Engineering IPO allotment

Manglam Infra and Engineering IPO allotment date was July 29 and the same became available to investors to check if they got lucky or not. The details are available on the registrar, BigShare Services’ website. Check this link: https://www.bigshareonline.com/ipo_Allotment.html. The refund process too is on. 

Manglam Infra and Engineering IPO listing date

Manglam Infra and Engineering IPO listing date is July 31 and that means investors can start looking for the stock to make its debut on stock markets tomorrow. The stock will be listed on the NSE SME index.

Manglam Infra and Engineering IPO Subscription

Manglam Infra and Engineering services include  design, engineering, procurement, construction, and integrated project management as well as infrastructure projects including bridges, tunnels, buildings and highways. Manglam Infra and Engineering IPO Subscription was massive indeed. It was oversubscribed by over 394 times on July 26.

Manglam Infra and Engineering IPO issue size

Manglam Infra and Engineering IPO issue size is Rs 27.62 crore.

 Manglam Infra and Engineering IPO GMP today, allotment, listing, price, date: The issue has received much attention from investors and now it is heading for its market debut on July 31.  Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today