Manav infra projects limited
The Company was originally incorporated at Mumbai as “Manav Infra Projects Private Limited” on 8th June, 2009 under the provisions of the Companies Act, 1956 vide Certificate of Incorporation issued by the Registrar of Companies, Mumbai, Maharashtra. Subsequently, the Company was converted into a public limited company vide a Fresh Certificate of Incorporation dated 2nd February, 2017 was issued by the Registrar of Companies, Mumbai, Maharashtra.
Mr. Mahendra Narayan Raju laid down the foundation of the company in the year 1995 as sole proprietor concern in the name of “M/s. Sai Baba Constructions” with a vision to establish itself in infrastructure and construction business. Later on with this vision, in 2009, he established private Limited Company in the name
and style of Manav Infra Projects Private Limited (Manav).
The Company 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.
OBJECTS OF THE ISSUE:
1. To part finance incremental working capital requirements of the Company;
2. To meet General corporate purposes;
3. To meet the expenses of the Issue
PROMOTERS OF THE COMPANY:
Mr. Mahendra Narayan Raju
Mr. Mahendra Narayan Raju, aged 40 years, is Promoter and Managing Director of the Company. He laid down the Foundation of the Company. He holds a degree in Master in Business Administration from Institute for Technology & Management (ITM). He has more than 15 years of Experience in infrastructure industry, Financial Management and Operational Management. He looks after day-to-day routine operational activities of the Company and formulation of business policies, strategies etc. He guides the company in its growth strategies. He has been on the board of Company since incorporation of the Company.
FINANCIALS THE COMPANY:
Profit and Loss
As on 08-Sep-2017 17:00:00 IST
|Total Issue Size||1836000|
|Total Bids Received||5148000|
|Total Bids Received at Cut-off Price||-|
|No. of times issue is subscribed||2.80|
|Issue Period||04-Sep-2017 to 08-Sep-2017|
|Post issue Modification Period||11-Sep-2017 (10.00 a.m. to 1.00 p.m.)|
|Issue Size||Public issue of 18,36,000 Equity Shares (including Market Maker reservation portion of 92,000 equity shares)|
|Issue Type||Fixed Price|
|Issue Price||Rs 30|
|Market Lot||4000 Equity shares and in multiples thereof|
|Minimum Order Quantity||4000 Equity shares|
|Maximum Subscription Amount for Retail Investor||Rs.200000|
|IPO Market Timings||10.00 a.m. to 5.00 p.m.|
|Book Running Lead Managers||Navigant Corporate Advisors Limited|
|Categories||FI, IC, MF, FII, OTH, CO, IND, and NOH|
|Name of the Registrar||KARVY COMPUTERSHARE PRIVATE LIMITED|
|Address of the Registrar||Karvy Selenium Tower B, Plot 31-32, Gachibowli,Financial District, Nanakramguda, Hyderabad 500 032|
|Contact person name number and Email id||Mr. M Murali Krishna, Tel: +91-40 6716 2222 ; Email: email@example.com|
(will be updtaed after the issue is complete)
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