Manglam Infra listing today: Shares make bumper debut, list at 90% premium

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Manglam Infra listing today: Shares make bumper debut, list at 90% premium - Business Standard

Quick Summary:

The market capitalisation of Manglam Infra IPO is Rs 98.54 crore.

The company's shares listed at Rs 106.4, a premium of 90 per cent from the upper end of the IPO issue price of Rs 56, yielding a return of Rs 50.4 per share for investors.

According to information available on its website, the company also provides services and solutions for rural and urban development, capacity building, and environmental engineering, and undertakes construction material testing and geotechnical investigations.