Mandeep Auto Industries IPO Details, Date, GMP, Allotment and Review

Mandeep Auto Industries IPO: The IPO date for Mandeep Auto Industries has been set. It will open on April [.] and close on April [.]. Mandeep Auto Industries IPO going to be listed on NSE SME, aims to raise Rs. 2,524.56 Lakhs through 37,68,000 lakh shares. The IPO price band is fixed at ₹67 per share, and Mandeep Auto Industries IPO GMP is ₹0.

Mandeep Auto Industries IPO Key Points

Mandeep Auto Industries IPO Details

Mandeep Auto Industries Limited IPO (BSE SME)
Open DateApril 2024
Close DateApril 2024
IPO SizeRs. 2,524.56 Lakh for 37,68,000 Lakh shares
Face Value₹10 per share
IPO Price Band₹67 per share
IPO Listing onNSE SME
Lot Size2000
OFSNot Applicable
Retail Quota50% of total share
QBI50% of total share
HNI

Mandeep Auto Industries IPO Dates

  • IPO Open Date: April 2024 (Date Coming Soon)
  • IPO Close Date: April 2024
  • Basis of Allotment: April 2024
  • Initiation of Refunds: April 2024
  • The credit of Shares to Demat: April 2024
  • Listing Date: April 2024
  • UPI mandate confirmation: 5 PM on April 2024

Mandeep Auto Industries IPO Lot Size For Retails, QBIs and HNIs

ApplicantsLot Size (Min & Max)ShareAmount
Retail1 Lot (Min) 1 lot (Max)2000₹134000 Max
S-HNI2 Lot Min.4000₹268000 Min
B-HNI2 Lots (Min)4000₹268000 Min

Mandeep Auto Industries Promoters holding or Owners Holdings

Mandeep Auto Industries promoters are

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

The shareholding pre-issue stands at 99.97%, which decreases to 63.53% post-issue.

Mandeep Auto Industries IPO GMP (Grey Market Premium) Day by Day

DateGMPIPO PriceEstimate Listing PriceUpdate On
29/04/2024₹0₹67₹6729/04/2024
28/04/2024₹0₹67₹6728/04/2024
27/04/2024₹0₹67₹6727/04/2024
26/04/2024₹0₹67₹6726/04/2024
25/04/2024₹0₹67₹6725/04/2024
24/04/2024₹0₹67₹6724/04/2024

Mandeep Auto Industries IPO Allotment

To check Mandeep Auto Industries IPO Allotment Visit the link CAMEO CORPORATE SERVICES LIMITED select IPO Name enter your Application No or PAN no then click on submit. Now you can see the allotment status.

Know About Mandeep Auto Industries Limited

Mandeep Auto Industries was established in the year of 2000. Mandeep Auto Industries Limited manufactures and supplies a variety of products including sheet metal components, auto parts, sprocket gears, and machined components. These products find applications in various industries such as automobiles, tractors, material handling, earth-moving equipment, railways, defence, machine tools, and even the DIY sector.

Mandeep Auto Industries Limited serves a diverse clientele comprising both domestic and global OEMs in the automobile sector. Some notable clients include M/s J.L Auto Parts Pvt. Ltd. (Faridabad, Haryana), M/s Tube Investments of India Limited (Chennai, Tamil Nadu), M/s Rockman Industries Limited (Saket, New Delhi), M/s Manvi Automobiles (Faridabad, Haryana), and M/s Jain Industrial Products Private Limited (Hissar, Haryana).

Referring to Document Mandeep Auto Industries IPO DRHP

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Mandeep Auto Industries Limited Financial Status (Restated)

ParticularsFor the Period / Year ended on (₹ in Lakhs)
31st August, 202331st March, 202331st March, 202231st March, 2021
Liabilities2,131.311,963.151,297.811,050.17
Assets2,131.311,963.151,297.811,050.17
Revenue510.272,978.742,189.731,563.49
PAT (Profit After Tax)55.89104.9164.6949.81

Key Performance Indicator (KPI) of Mandeep Auto Industries Limited

ParticularsAs of 31 August 2023
EBITDA97.80 Lakh
PAT Margin (in %)7.42%
RoCE (in %)9.03%
RoE (%)8.45%
EPS1.6 per share pre-issue & post-issue 1.3
PE Ratio41.69

Peer Groups

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

Mandeep Auto Industries Limited IPO Registrar

Cameo Corporate Services Limited

Phone: +91-44-28460390
Email: ipo@cameoindia.com
Website: https://ipo.cameoindia.com/

Mandeep Auto Industries Contact

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

Mandeep Auto Industries IPO Book Running Lead Manager

Jawa Capital Services Private Limited

Tel No.: +91-11-47366600;
E-mail: mbd@jawacapital.in

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