Mandeep Auto Industries Limited

Mandeep Auto Industries Limited

SMEClosed

₹1,34,000(2,000 Shares)

Minimum Investment

IPO Dates

May 13, 2024 – May 15, 2024

Price Band

₹67–67 per equity share

Lot Size

2000

Listing

May 21, 2024

Listing At

NSE SME

May 13, 2024Open DateCompleted
May 15, 2024Close DateCompleted
TBAAllotment DateUpcoming
May 21, 2024Listing DateCompleted

Mandeep Auto Industries Limited Live Subscription Details

All IPOs
QIB / NII61.64x
Retail90.54x

Overall Subscription

Total Bids Received

76.09x

Mandeep Auto Industries Limited IPO Issue Details

Issue Price
₹67 Per Equity Share
Face Value
₹10 Per Equity Share
Fresh Share
37,68,000 shares(aggregating up to ₹25.25 crore)
Listing At
NSE SME
Listing Date
May 21, 2024
Registrar
Cameo Corporate Services Limited

Reservation Details

Market Maker5.04%

Shares Offered

1,90,000

Company Information

Established in 2000, Mandeep Auto Industries Limited is engaged in the manufacturing and supply of different products such as sheet metal components, auto parts, sprocket gears, and machined component...

Valuations

EPS (Pre-IPO)

1.6

EPS (Post-IPO)

1.3

P/E (Pre-IPO)

41.96

P/E (Post-IPO)

51.64

RoNW

25.97%

P/B Value

5.36

Objectives of the Issue

  1. 1Expansion 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.
  2. 2Repayment/prepayment of certain borrowings availed by the Company
  3. 3Funding working capital requirements; and d. General Corporate Purpose

Mandeep Auto Industries Limited – Promoter(s)

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

Contact Details

Corporate Office

Plot No 26,Nangla Faridabad-121001

+91-129-2440045

info@mandeepautoindustries.com

Visit Website

Mandeep Auto Industries Limited Allotment & Registrar Details

Check Allotment

Cameo Corporate Services Limited

+91-44-28460390

priya@cameoindia.com

Visit Registrar Website

Mandeep Auto Industries Limited IPO Documents

Frequently Asked Questions — Mandeep Auto Industries Limited IPO

The Mandeep Auto Industries Limited IPO price band is set at ₹67.00 to ₹67.00 per equity share.

The lot size for Mandeep Auto Industries Limited IPO is 2000 shares per lot. The minimum investment amount is approximately ₹1,34,000.

The Mandeep Auto Industries Limited IPO opens on May 13, 2024 and closes on May 15, 2024.

Mandeep Auto Industries Limited IPO is expected to be listed on May 21, 2024 on NSE SME.

The registrar for Mandeep Auto Industries Limited IPO is Cameo Corporate Services Limited. You can contact them at priya@cameoindia.com.

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