THIS IS PUBLIC ANNOUNCEMENT FOR INFORMATION PURPOSES ONLY AND IS NOT A PROSPECTUS ANNOUNCEMENT AND DOES NOT CONSTITUTE AN INVITATION OR OFFER TO ACQUIRE, PURCHASE OR SUBSCRIBE TO SECURITIES. NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY OUTSIDE INDIA.

MANGLAM INFRA & ENGINEERING LIMITED

Our Company was originally formed as partnership firm under the Indian Partnership Act, 1932 in the name and style of "Manglam Associates' pursuant to partnership deed dated February 17,2010, between Yogendra Kumar Singh, Ajay V erna, Nisha Singh and Seema Verma having its principal place of business at H.N0.46, Nikhil Nestles Jatkhedi, Hoshangabad road, University (Bhopal), Bhopal, Huzur, Madhya Pradesh-462026, India on the term s and conditions contained in the said partnership deed (as amended). Further, the partnership firm was converted into Public Limited Company "Manglam Infra & Engineering Limited" on July 20,2023, pursuant to Part I of Chapter XXI of the Companies Act, 2013 vide certificate o f incorporation issued by Registrar of Companies, Central Registration Centre. The CIN of the Company is U43900MP2023PLC066771. For details o f incorporation, change o f name and registered office of our Company, please refer to chapter titled "General Information' and "History and Certain Corporate Matters" beginning on page 54 and 155 respectively o f the Prospectus.

Our Company: We are an infrastructure consultancy company, and our core business is providing project management consultancy services which includes detailed project reports (DPRs), Supervision and quality control (SQC), and operation & maintenance (O & M) for Highways/Roads, Bridges, Tunnels, Buildings/Urban development. We undertake various project independently as well as through Joint ventures and MoUs with other players in this industry.

1. The average cost of acquisition per Equity Share by our Promoters is set forth in the table below:

2. Weighted Average Cost of Acquisition for all Equity Shares transacted in one year, eighteen months and three years preceding the date of the Red Herring Prospectus by all the shareholders:

3. The Price/Earnings ratio based on diluted EPS for Fiscal 2024 for our Company at the upper end of the Price Band is 10.49 times.

4. Weighted Average Return on Net Worth for fiscals 2024,2023 and 2022 is 54.10 % 5. The Weighted average cost of acquisition compared to floor price and cap price.

6. We are highly dependent on Government Bodies for our Infrastructure Consultation Projects. Any failure to secure new tenders from this government bodies could adversely affect our business and revenue from operations.

7. Our revenue and earnings are dependent on the award of new contracts which we do not directly control.

8. The Merchant Banker associated with the Issue has handled 7 main board and 9 SME Public Issue, in the last three years, and no Issue has been opened below the Issue Price on listing date.

This Issue is being made through the Book Building Process, in terms of Rule 19 (2 )(b ) o f the Securities Contracts (Regulation) Rules, 1957, as amended ("SCRR") read with Regulation 229 of the SEBI ICDR Regulations and in compliance with Regulation 253 of the SEBI ICDR Regulations wherein not more than 50.00% o f the Net Issue was available for allocation on a proportionate basis to Qualified Institutional Buyers ("QIBs") (the "QIB Portion"), provided that our Company in consultation with the BRLM may allocate up to 60.00% of the QIB Portion to Anchor Investors on a discretionary basis ("Anchor Investor Portion"). One-third of the Anchor Investor Portion was reserved for domestic Mutual Funds, subject to valid Bids being received from the domestic Mutual Funds at or above the Anchor Investor Allocation Price in accordance with the SEBI ICDR Regulations. In the event of under-subscription or non-allocation in the Anchor Investor Portion, the balance Equity Shares w as added to the QIB Portion (other than the Anchor Investor Portion) (" Net QIB Portion" ). Further, 5.00% o f the Net QIB Portion was available for allocation on a proportionate basis to Mutual Funds only, and the remainder of the Net QIB Portion was available for allocation on a proportionate basis to all QIB Bidders, including Mutual Funds, subject to valid Bids being received at or above the Issue Price. However, if the aggregate demand from Mutual Funds is less than 5.00% of the Net QIB Portion, the balance Equity Shares available for allocation in the Mutual Fund Portion were added to the remaining Net QIB Portion for proportionate allocation to QIBs. Further, not less than 15.00% of the Net Issue was available for allocation on a proportionate basis to Non-lnstitutional Investors and not less than 35.00% of the Net Issue was available for allocation to Retail Individual Investors in accordance with the SEBI ICDR Regulations, subject to valid Bids being received from them at or above the Issue Price. All Bidders, other than Anchor Investors, are required to participate in the Issue by mandatorily utilising the Application Supported by Blocked Amount ("ASBA") process by providing details of their respective ASBA Account (as defined hereinafter) in which the corresponding Bid A m ounts were blocked by the Self Certified Syndicate Banks (" SCSBs" ) or underthe UPI M echanism , as the case m ay be, to the extent of respective Bid A m ounts. A nchor Investors are not perm itted to participate in the Issue through the ASBA process. For details, see "Issue Procedure" on page 260 o f Prospectus.

The investors are advised to refer to the P rospectus fo r the fu ll text o f the D isclaim er clause pertaining to NSE. For the purpose o f the Issue, the Designated S tock Exchange w ill be the National S tock Exchange o f India Lim ited. The trading is proposed to be com m enced on o r about W ednesday, July 3 1 ,2 0 2 4 *.

*Subject to the receipt o f listing and trading approval from NSE Emerge Platform.

The bidding period fo r A nchor Investors opened on Tuesday, July 2 3 ,2 0 2 4 , and closed on Tuesday, July 2 3 ,2 0 2 4 . The Com pany received 5 A nchor Investor Bid Cum Application fo rm s fo r 19,70,000 Equity Shares at Rs. 56. The A nchor subscribed by 1.49 tim es, the final allocation to A nchor Investors made fo r 13,22,000 Equity Shares at Rs. 56 per Equity share aggregating to Rs. 7,4 0,3 2 ,0 0 0 /-Details o f applications received in the Issue from Retail Investors, N on-lnstitutional Investors and QIBs and A nchor Investors are as under (before technical rejections):

* This excludes 360 applications for 7,20,000 Equity Shares aggregating to Rs. 4,03,14,000/- from Retail Individual which were n o tin bid book but which were banked.

Final Demand:

A Summary of the final demand as per NSE as on Bid/lssue closing date at different Bid Price is as under:

The Basis o f A llotm ent w as finalized in consultation w ith the Designated S tock Exchange-NSE on July 2 9 ,2 0 2 4

A. Allotment to Market Maker's:

The Registrar inform ed that in this category 1 valid application fo r 5,2 4,0 0 0 Shares were received against 5,22,000 Equity Shares reserved fo rth is category resulting in subscription o f 1 tim e ..

B. Allotment to Retail Individual and Non-lnstitutional Investors:

The Registrar informed that in Retail & Non-Retail category overall 3,05,733 valid applications for 1,06,81,68,000 Equity Shares w ere received, against total o f 2 2 ,06,000 Equity shares (includes 15 applications for 96 ,00 0 equity shares shifted from QIB Category due to bidding by non-retail individual investors in QIB Category, accordingly these 15 applications were re-categorized to non-retail individual investors Category):

• Retail Individual Investors Category:

C. Allotment to Qualified Institutional Buyers (QIBs):

Allotment to QIBs who have Bid at the Issue Price of f 56 per Equity Share or above, has been done on a proportionate basis in consultation with NSE. The Registrar confirmed that there were 71 applications for 14,37,04,000 Equity Shares bided under QIB category as per the bid book. Off these, there are 15 applications for 96,000 Equity Shares bidded by non-retail investors in the QIB Category. Accordingly, these 15 applications for 96,000 were re-categorized to non-retail investors Category. Under the QIB portion, 5% was reserved fo r Mutual Funds, however, no mutual funds applied in the Issue. The Registrar confirmed thatthere were 71 valid applications fo r 14,37,04,000 Equity Shares bidded under QIB category as per the bid book received from NSE.

D. Allotment to Anchor Investors:

The Company, in consultation with BRLM, has allocated 13,22,000 Equity Shares a tRs. 56 per Equity share aggregating to Rs. 7,40,32,000/- in accordance with SEBIICDR Regulations. This represents 60% of the QIB Portion:

The Board Meeting of our Company on July 29,2024 has taken on record the Basis of Allotment of Equity Shares approved by the Designated Stock Exchange, being NSE and has allotted the Equity Shares to various successful Bidders. The Allotment Advice-cum- refund intimation are being dispatched to the address of the investors as registered with the depositories. Further, the instructions to the Self Certified Syndicate Banks for unblocking of funds, transfer to Public Issue Account have been issued on July 29,2024. In case the same is not received within ten days, investors may contact the Registrar to the Issue at the address given below. The Equity Shares Allotted to the successful Allottees are being credited to the respective beneficiary accounts subject to validation of the account details with the depositories concerned. The Company is in the process of obtaining the listing and trading approval from NSE, and the trading is expected to commence on or about Wednesday, July 31,2024.

Note: All capitalised terms used and not specifically defined herein shall have the same meaning as ascribed to them in the Prospectus.

The details of the Allotment made have been hosted on the website of Registrar to the Issue, Bigshare Services Private Limited at www.bigshareonline.com. All future correspondence in this regard may kindly be addressed to the Registrarto the Issue quoting full name of the First/ Sole applicant. Serial number of the ASBA form, number of Equity Shares bid for, name of the Member of the Syndicate, place where the bid was submitted and payment details at the address given below:

	BIGSHARE SERVICES PRIVATE LIMITED
	S6-2,6th Floor, Pinnacle Business Park, Nextto Ahura Centre, Mahakali Caves Road, Andheri (East), Mumbai - 400 093, Maharashtra, India Telephone: 022 6263 8200, Facsimile: 022 6263 8299
	Email: ipo@bigshareonline.com. Investor Grievance Email: investor@bigshareonline.com
	Contact Person: Vinayak Morbale. Website: www.bigshareonline.com
	SEBI Registration Number: INR000001385
	CIN: U99999MH1994PTC076534

This Corrigendum is with reference to the Prospectus dated July 27,2024. In this regard, please note the following:

Under the heading " Material Contracts" in the chapter titled "Material Contracts and Documents for Inspection" on page 321 of the Prospectus, the following shall be added and should be read as follows: '4) Syndicate agreement dated July 04,2024, entered into amongst our Company, the BRLM, the Syndicate Member, and the Registrar to the Issue." Note: All capitalised term used in the notice shall, unless the context otherwise requires, have the meaning ascribed in the Red Herring Prospectus/Prospectus and Price band advertisement.

THE LEVEL OF SUBSCRIPTION SHOULD NOT BE TAKEN TO BE INDICATIVE OF EITHER THE MARKET PRICE OF THE EQUITY SHARES ON LISTING OR THE BUSINESS PROSPECTS OF MANGLAM INFRA & ENGINEERING LIMITED.

Manglam Infra & Engineering Limited has filed the Prospectus dated July 27,2024 with Registrar of Companies. The Prospectus shall be available on the website of the SEBI at www.sebi.gov.in. the website of the BRLM to the Issue at www.unistonecapital.com and website of NSE at www.nseindia.com. Investors should note that investment in equity shares involves a high degree of risk and for details relating to the same, see section titled " Risk Factors" beginning on page 31 of the Prospectus.

The Equity Shares offered in the Issue have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act") or any state securities laws in the United States, and unless so registered, may not be offered or sold within the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and any applicable U.S. state securities laws. There will be no public offering in the United States and the securities being offered in this announcement are not being offered or sold in the United States.