Manglam Infra and Engineering IPO — Listing Performance
Manglam Infra and Engineering IPO facts & figures
| Issue category | SME |
|---|---|
| Issue open date | 24 Jul 2024 |
| Listing date | 31 Jul 2024 |
| Issue price | ₹56 |
| Listing-day close | ₹111.70 (99.46%) |
| Recent market price | ₹12.30 (-78.04% vs issue) |
| Identifiers | NSE: MIEL · ISIN: INE0R3101011 |
How the listing went
Manglam Infra and Engineering delivered a blockbuster debut, closing its first session 99.46% above the issue price.
Manglam Infra and Engineering against every other debut on record
- Rank in 2024: 55 of 262 NSE debuts, on a 99.46% first-day close.
- 72nd percentile of 176 SME debuts in 2024 (median 41.27%).
- 10th of 27 debuts in July 2024.
- Opened 90% above issue, then added 9.46 points to the close.
- Day-one range ₹106.40 to ₹111.70: a 9.46% swing on the issue price.
- Last close ₹12.30 (11 Sep 2026): 78.04% below issue, against 99.46% on day one.
- Priced at the top of the ₹53 to ₹56 band.
- Listed 5 calendar days after close.
- All 601 SME debuts on record: median 14.22%, 79% closed above issue.
Computed over 1109 verified NSE debuts to 11 Sep 2026 · sources