Issue Price
₹30
Per Share
GMP
NIL
Grey Market
Est. Listing
₹30
Expected Price
Min. Application
₹240,000
2 lots × 4000 shares
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 Contracts2. Cleaning & Grubbing3. Erosion & Soil Control Measures4. Basement Digging5. Back Filling6. Handling and transportation of limestone and coal7. Civil work for internal storm water surface drainage
Manav infra projects Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 92,000 | — | ₹0.28 Cr | — |
| TOTAL | 1,836,000 | 100.00% | ₹5.51 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 4,000 | ₹120,000 |
| Retail (Max) | 13 | 52,000 | ₹1,560,000 |
| sNII (Min) | 14 | 56,000 | ₹1,680,000 |
| bNII (Min) | 68 | 272,000 | ₹8,160,000 |
| Particulars | 31-Mar-17 | 31-Mar-16 | 31-Mar-15 |
|---|---|---|---|
| Revenue from Operations | 1829.67 | 1644.35 | 1622.54 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 103.16 | 60.85 | 0.44 |
| Net Worth | N/A | N/A | N/A |
| Total Assets | 1302.68 | 1383.33 | 1110.26 |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |