Zerodha (Trading Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Zerodha (Trading Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
|
|
Man Infraconstruction IPO is a book built issue of Rs 141.75 crores.
Man Infraconstruction IPO bidding started from February 18, 2010 and ended on February 22, 2010. The shares got listed on BSE, NSE on March 11, 2010.
Man Infraconstruction IPO price band is set at ₹243 to ₹252 per share. The minimum lot size for an application is 22 Shares. The minimum amount of investment required by retail investors is ₹5,544.
Edelweiss Financial Services Ltd and Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd) are the book running lead managers of the Man Infraconstruction IPO, while Link Intime India Private Ltd is the registrar for the issue.
Refer to Man Infraconstruction IPO RHP for detailed information.
| IPO Date | February 18, 2010 to February 22, 2010 |
| Listing Date | March 11, 2010 |
| Face Value | ₹10 per share |
| Price Band | ₹243 to ₹252 per share |
| Lot Size | 22 Shares |
| Total Issue Size | 5,625,150 shares (aggregating up to ₹141.75 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 43,874,850 |
| Share holding post issue | 49,500,000 |
Man Infraconstruction IPO offers 4,653,150 shares. 2,268,000 (48.74%) to QIB, 540,000 (11.61%) to NII, 1,620,000 (34.82%) to RII, 225,150 (4.84%) to employees. 73,636 RIIs will receive minimum 22 shares and (sNII) and (bNII) will receive minimum 814 shares. (in case of oversubscription)
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | - | NA |
| QIB Shares Offered | 2,268,000 (48.74%) | NA |
| NII (HNI) Shares Offered | 540,000 (11.61%) | |
| Retail Shares Offered | 1,620,000 (34.82%) | 73,636 |
| Employee Shares Offered | 225,150 (4.84%) | NA |
| Total Shares Offered | 4,653,150 (100%) |
Investors can bid for a minimum of 22 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 | 22 | ₹5,544 |
| Retail (Max) | 36 | 792 | ₹199,584 |
| Lot Size Calculator | |||
| Share Holding Pre Issue | 71.61% |
| Share Holding Post Issue | 63.48% |
Incorporated in 2002, Man Infraconstruction Ltd is a construction company located in Mumbai. Company have undertaken projects in the six States of Maharashtra, Kerala, Gujarat, West Bengal, Goa and Tamil Nadu. Man Infraconstruction provides construction services for port infrastructure, residential, industrial, commercial and road infrastructure projects. Man Infra have executed onshore port infrastructure projects in the following ports in India: Jawaharlal Nehru Port Trust, Mundra Port, Chennai Port, Vallarpadam Port and Pipavav Port.
Man Infra work with real estate developers in Mumbai and Pune, Maharashtra in residential sector and are in the process of constructing a residential complex in the western suburbs of Mumbai with an aggregate area of 1.95 million square feet, a slum rehabilitation authority project in Mumbai consisting of the construction of a township aggregating 5.16 million square feet and the construction of 5,166 tenements at a mass housing project at Pune. Man Infraconstruction have also been awarded an ISO 9001:2008 certification in respect of our construction services in July 2009 by SGS United Kingdom Limited Systems and Services Certification.
Company have experienced rapid growth in their revenues in the preceding three Fiscals. Consolidated revenues increased from Rs.881.40 million in Fiscal 2007 to Rs.2,360.07 million in Fiscal 2008 and to Rs.5,942.78 million in Fiscal 2009 at a CAGR of 159.66%. Company's EBITDA margin in Fiscal 2009 was 26% and net margin was 14%. EBITDA increased from Rs.220.36 million in Fiscal 2007 to Rs.559.65 million in Fiscal 2008 and to Rs.1,527.08 million in Fiscal 2009 at a CAGR of 163.25%.
| KPI | Values |
|---|---|
| ROE | 44% |
| ROCE | 47.9% |
| RoNW | 43.7% |
The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital:
1. Purchase of capital equipment; and
2. General corporate purposes and strategic initiatives.
The Man Infraconstruction IPO is subscribed 62.53 times on February 22, 2010 5:00:00 PM. The public issue subscribed 10.26 times in the retail category, 96.06 times in the QIB category, and 104.57 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| QIB | 96.06 |
| NII | 104.57 |
| Retail | 10.26 |
| Employee | 0.01 |
| Total | 62.53 |
CRISIL has assigned an IPO Grade 3 to Man Infraconstruction Ltd IPO. This means as per CRISIL, company has 'Average Fundamentals'. CRISIL assigns IPO gradings on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals.Click here to download the CRISIL IPO Grading Document for Man Infraconstruction Ltd
| Listing Date | March 11, 2010 |
| BSE Script Code | 533169 |
| NSE Symbol | MANINFRA |
| ISIN | INE949H01023 |
| Final Issue Price | ₹252 per share |
| Price Details |
|---|
| Final Issue Price |
| Open |
| Low |
| High |
| Last Trade |
| BSE |
|---|
| ₹252.00 |
| ₹335.00 |
| ₹335.00 |
| ₹374.90 |
| ₹348.25 |
| NSE |
|---|
| ₹252.00 |
| ₹318.00 |
| ₹318.00 |
| ₹375.00 |
| ₹349.85 |
Man Infraconstruction Ltd
12th Floor, Krushal Commercial Complex,
G. M. Road,
Chembur (W), Mumbai 400 089, Maharashtra.
Phone: +91 22 2526 0582
Email: man.ipo@maninfra.com
Website: http://www.maninfra.com
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: mil.ipo@linktime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html
Man Infraconstruction IPO is a main-board IPO of 5,625,150 equity shares of the face value of ₹10 aggregating up to ₹141.75 Crores. The issue is priced at ₹243 to ₹252 per share. The minimum order quantity is 22 Shares.
The IPO opens on February 18, 2010, and closes on February 22, 2010.
Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
The Man Infraconstruction IPO opens on February 18, 2010 and closes on February 22, 2010.
Man Infraconstruction IPO lot size is 22 Shares, and the minimum amount required is ₹5,544.
You can apply in Man Infraconstruction 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 Man Infraconstruction IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Man Infraconstruction IPO allotment status.
Useful Articles
FREE Intraday Trading (Eq, F&O)
Flat ₹20 Per Trade in F&O
|
|
RHP
