Mandeep Auto Industries IPO Date, Review, Price, Allotment Details

Mandeep Auto Industries IPO Details: Mandeep Auto Industries IPO date is fixed, The IPO will open on May 13 and will close on May 15. Mandeep Auto Industries is a NSE SME IPO to raise ₹25.25 crores via IPO. The Mandeep Auto Industries IPO price band is fixed at ₹67 with a market lot of 2000 shares.

Mandeep Auto Industries IPO

Table of Contents

Presently Mandeep Auto Industries is engaged in the business of manufacturing and supplying sheet metal components, auto parts, and all types of sprocket gears and machined components, which finds its application in diverse industries, such as tractors, automobiles, material handling & earth moving equipment, railways, defense, machine tools, DIY industry, etc.


They manufacture these products from their Manufacturing Unit (as defined below). They believe, their manufacturing facilities have advanced technologies to develop and manufacture the products that adhere to the stringent quality control requirements of their customer. They also manufacture customized components as per customer-specific requirements and use, with a high degree of precision both in quality and time with personalized services to their strong customer base in India.

Their focus is to consistently expand their product portfolio by developing new designs. They believe that they share a longstanding relationship with their customer and they receive the majority of their business from repetitive clients. They constantly engage with their customers through marketing via personal interactions and updating them on their capabilities and strengths. Their sales team works closely with their customers to obtain their insights and feedback about the upcoming trends in the industry which enables them to develop and improve their products to fulfill the requirements of the market.


Objects of the Issue:

  • Expansion of the existing Manufacturing Facility located at Plot No 26, Nangla, Faridabad Haryana – 121001 by construction of the building on the land adjacent to the existing manufacturing unit, purchase of equipment/machineries, etc.
  • Repayment/prepayment of certain borrowings availed by the Company
  • Funding working capital requirements; and d. General Corporate Purpose

Mandeep Auto Industries IPO Review

  • May Apply

Mandeep Auto Industries IPO Date & Price Band Details

IPO Open:May 13, 2024
IPO Close:May 15, 2024
IPO Size:Approx ₹25.25 Crores, 3,768,000 Equity Shares
Face Value:₹10 Per Equity Share
IPO Price Band:₹67 Per Equity Share
IPO Listing on:NSE SME
Retail Quota:50% of the net offer
QIB Quota:[.]% of the net offer
NII Quota:50% of the net offer
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here
Anchor Investors in IPO:Click Here

Mandeep Auto Industries IPO Market Lot

The Mandeep Auto Industries IPO minimum market lot is 2000 shares with a ₹134,000 application amount.

ApplicationLot SizeSharesAmount
Retail Minimum12000₹134,000
Retail Maximum12000₹134,000
S-HNI Minimum24000₹268,000

Mandeep Auto Industries IPO Dates

The Mandeep Auto Industries IPO date is May 13 and the IPO close date is May 15. The IPO allotment date is May 16 and the IPO might list on May 21.

IPO Open Date:May13, 2024
IPO Close Date:May 15, 2024
Basis of Allotment:May 16, 2024
Refunds:May 17, 2024
Credit to Demat Account:May 17, 2024
IPO Listing Date:May 21, 2024

You can check IPO subscription status and IPO allotment status on their respective pages.

Mandeep Auto Industries IPO Form

How to apply Mandeep Auto Industries IPO? You can apply Mandeep Auto Industries IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Mandeep Auto Industries IPO in the Invest section. The other option you can apply Mandeep Auto Industries IPO via IPO forms download via the NSE website. Check out the Mandeep Auto Industries forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.


Mandeep Auto Industries Company Financial Report

₹ in Crores
YearRevenueExpensePAT
2021₹1563.49₹1437.72₹49.81
20222189.73₹2045.61₹64.69
20232978.74₹2757.81₹104.91
Aug 2023510.27₹412.46₹55.89

Mandeep Auto Industries IPO Valuation – FY2023

Check Mandeep Auto Industries IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Earning Per Share (EPS):₹21.57 per Equity Share
Price/Earning P/E Ratio:3.11
Return on Net Worth (RoNW):8.45%
Net Asset Value (NAV):₹10.07 per Equity Share

Peer Group

  • Kranti Industries Limited
  • Porwal Auto Components Limited
  • Lumax Auto Technologies Limited

Company Promoters

  • Mr. Gurpal Singh Bedi
  • Mrs. Nidhi Bedi
  • Mr. Rajveer Bedi

Mandeep Auto Industries IPO Registrar

Cameo Corporate Services Limited
Phone: +91-44-28460390
Email: [email protected]
Website: https://ipo.cameoindia.com/

Mandeep Auto Industries IPO Allotment Status

Check Mandeep Auto Industries IPO allotment status on Cameo Corporate website URL. Click Here

Mandeep Auto Industries IPO Lead Managers aka Merchant Bankers

  • Jawa Capital Services Private Limited

Company Address

Mandeep Auto Industries Limited
Plot No 26, Nangla
Faridabad-121001
Phone: +91-129-2440045
Email: [email protected]
Website: https://www.mandeepautoindustries.com/

Mandeep Auto Industries IPO FAQs


What is Mandeep Auto Industries IPO?

Mandeep Auto Industries IPO is an NSE SME IPO. They are going to raise ₹25.25 Crores via IPO. The issue is priced at ₹67 per equity share. The IPO is to be listed on NSE.

When Mandeep Auto Industries IPO will open?

The IPO is to open on May 13, 2024 for NII and Retail Investors.

What is Mandeep Auto Industries IPO Investors Portion?

The investors’ portion for NII is 50%, and Retail is 50%.

How to Apply the Mandeep Auto Industries IPO?

You can apply Mandeep Auto Industries IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the Mandeep Auto Industries IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Naman In-Store (India)”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Mandeep Auto Industries IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Naman In-Store (India)”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Mandeep Auto Industries IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Naman In-Store (India)”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Mandeep Auto Industries IPO Size?

Mandeep Auto Industries IPO size is ₹25.25 crores.

What is Mandeep Auto Industries IPO Price Band?

Mandeep Auto Industries IPO Price Band is ₹67 per equity share.

What is Mandeep Auto Industries IPO Minimum and Maximum Lot Size?

The IPO bid is 2000 shares with ₹134,000.

What is Mandeep Auto Industries IPO Allotment Date?

Mandeep Auto Industries IPO allotment date is May 16, 2024.

What is Mandeep Auto Industries IPO Listing Date?

Mandeep Auto Industries IPO listing date is May 21, 2024. The IPO to list on NSE SME.

Note: The Mandeep Auto Industries IPO details are announced officially. The IPO grey market premium (Mandeep Auto Industries IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.

Share the Post:
Facebook
Twitter
LinkedIn

Follow IPO Watch for the upcoming IPO news and their reviews, also keep following us on TwitterFacebook, and Instagram. For our latest videos, subscribe to our YouTube channel.

Leave a Reply

Your email address will not be published. Required fields are marked *


OPEN DEMAT ACCOUNT