The Mandeep Auto Industries date has been confirmed from May 13, 2024 – May 15, 2024
Mandeep Auto Industries IPO is a fixed price issue of Rs 25.25 crores. The price bands are yet to be announced. The allotment for the Mandeep Auto Industries IPO is expected to be finalized on Thursday, May 16, 2024. Mandeep Auto Industries IPO will list on NSE SME with tentative listing date fixed as Tuesday, May 21, 2024.
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Key Details Of Mandeep Auto Industries IPO
Bidding Dates
May 13-15
Price Range
₹67 per share
Face Value
₹10 per share
GMP
₹4
Mandeep Auto Industries IPO GMP
The Mandeep Auto Industries IPO GMP is ₹4.
IPO Overview
Mandeep Auto Industries is offering its IPO at a price of ₹67 per share. Retail investors are required to apply for a minimum lot size of 2000 shares, which translates to a minimum investment of ₹134,000. On the other hand, High Net Worth Individuals (HNI) need to invest in 2 lots, equivalent to 4,000 shares, with a total amount of ₹268,000.
Mandeep Auto Industries IPO Details
| IPO Date | May 13, 2024 to May 15, 2024 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price | ₹67 per share |
| Lot Size | 2000 Shares |
| Total Issue Size | 3,768,000 shares (aggregating up to ₹25.25 Cr) |
| Fresh Issue | 3,768,000 shares (aggregating up to ₹25.25 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 6,569,894 |
| Share holding post issue | 10,337,894 |
| Market Maker portion | 190,000 shares Aftertrade Share Broking |
Mandeep Auto Industries Limited Financial Information
| Period Ended | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 1,963.15 | 1,297.81 | 1,050.17 |
| Revenue | 2,978.74 | 2,189.73 | 1,563.49 |
| Profit After Tax | 104.91 | 64.69 | 49.81 |
| Net Worth | 453.54 | 413.61 | 280.42 |
| Amount in ₹ Lakhs | |||
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 30.15% |
| ROCE | 27.94% |
| Debt/Equity | 1 |
| RoNW | 25.97% |
| P/BV | 5.36 |
Company Profile
Established in the year 2000, Mandeep Auto Industries Limited is a renowned manufacturing and supply company that specializes in producing a wide range of products including sheet metal components, auto parts, sprocket gears, and machined components. These high-quality products find applications in various industries such as automobiles, tractors, material handling and earth moving equipment, railways, defense, machine tools, and even the DIY industry. The company takes pride in its team of experienced professionals who are experts in Press and Machining Components.
Moreover, Mandeep Auto Industries Limited holds prestigious certifications including ISO 14001:2015 and ISO 9001:2015, which further validate its commitment to quality and excellence. With a diverse clientele, the company serves both domestic and global Original Equipment Manufacturers (OEMs) in the automobile sector. Some of its notable clients include M/s J.L Auto Parts Pvt. Ltd. located in Faridabad, Haryana, M/s Tube Investments of India Limited in Chennai, Tamil Nadu, M/s Rockman Industries Limited situated in Saket, New Delhi, M/s Manvi Automobiles based in Faridabad, Haryana, and M/s Jain Industrial Products Private Limited located in Hissar, Haryana.
Registrar Info
| Name | Cameo Corporate Services Limited |
| Phone number | +91-44-28460390 |
| Email ID | [email protected] |
| Website | ipo.cameoindia.com |
Contact Details
| Name | Mandeep Auto Industries Limited |
| Phone number | +91-129-2440045 |
| Email ID | [email protected] |
| Website | mandeepautoindustries.com |
IPO Strengths
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
Mandeep Auto Industries IPO FAQs
When Mandeep Auto Industries IPO will open?
The schedule for the Mandeep Auto Industries IPO has not yet been revealed. Please revisit this page at a later date for updates.
What is the lot size of Mandeep Auto Industries IPO?
The lot size for Mandeep Auto Industries IPO is set at 2000 shares, with a minimum investment requirement of ₹134,000.
