Mandeep Auto Industries Limited
| Opening Date | Closing Date | Face Value | Issue Price | Lot Size | Listing At | Total Issue Size | Basis of Allotment | Initiation of Refunds | Credit of Shares to Demat | Listing Date |
|---|---|---|---|---|---|---|---|---|---|---|
| 12-05-2024 | 14-05-2024 | 10 per share | 67 | 2000 Shares | NSE SME | 3,768,000 shares (aggregating up to ₹25.25 Cr) | 2024-05-15 18:30:00 | 2024-05-16 18:30:00 | 2024-05-16 18:30:00 | 20-05-2024 |
About The Company
Mandeep Auto Industries IPO is a fixed price issue of Rs 25.25 crores. The issue is entirely a fresh issue of 37.68 lakh shares.
Mandeep Auto Industries IPO opens for subscription on May 13, 2024 and closes on May 15, 2024. 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.
Mandeep Auto Industries IPO price is ₹67 per share. The minimum lot size for an application is 2000 Shares. The minimum amount of investment required by retail investors is ₹134,000. The minimum lot size investment for HNI is 2 lots (4,000 shares) amounting to ₹268,000.
Jawa Capital Services Private Limited is the book running lead manager of the Mandeep Auto Industries IPO, while Cameo Corporate Services Limited is the registrar for the issue. The market maker for Mandeep Auto Industries IPO is Aftertrade Broking.
Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrow |
|---|---|---|---|---|---|---|
| 30-12-2023 | 2425 | 1657 | 215 | 820.8 | 163.81 | 0 |
| 30-03-2023 | 1963 | 2979 | 105 | 453.54 | 0 | 0 |
| 30-03-2022 | 1298 | 2190 | 65 | 413.61 | 0 | 0 |
| 30-03-2021 | 1050 | 1563 | 49.81 | 280.42 | 0 |
IPO Subscription Status
| Category | Subscription Times |
|---|---|
| Non-Institutional Buyer | 61.54 |
| Retail Investors | 90.57 |
| Total | 77.23 |
IPO Listing Details
| Listing Date | 20-05-2024 |
| BSE Script Code | N/A |
| NSE Symbol | MANDEEP |
| ISIN | INE0R3T01013 |
| Final Issue Price | 67 |
Promoter holdings
Mr. Gurpal Singh Bedi, Mrs. Nidhi Bedi and Mr. Rajveer Bedi
Contact Information of the Company
Mandeep Auto Industries Limited
Plot No 26,
Nangla
Faridabad-121001
Phone: +91-129-2440045
Email: info@mandeepautoindustries.com
Website: https://www.mandeepautoindustries.com/
IPO Registrar
Cameo Corporate Services Limited
Phone: +91-44-28460390
Email: ipo@cameoindia.com
Website: https://ipo.cameoindia.com/
IPO Lead Manager
Jawa Capital Services Private Limited (Past IPO Performance)