Mandeep Auto Industries Limited

Mandeep Auto Industries Limited IPO

NSE SMEClosed
May 13, 2024Open Date
May 15, 2024Close Date
TBAAllotment Date
May 21, 2024Listing Date

Subscription Details

View Subscription Details
QIB / NII61.64x
Retail90.54x

Overall Subscription

Total Bids Received

76.09x

Updated: 10 Jul, 06:09 pm

Mandeep Auto Industries Limited IPO Issue Details

Issue Price₹67 Per Equity Share
Face Value₹10 Per Equity Share
Fresh Share37,68,000 shares(aggregating up to ₹25.25 crore)
Listing AtNSE SME
Listing DateMay 21, 2024
RegistrarCameo Corporate Services Limited

Reservation Details

CategoryShares Offered%
Market Maker1,90,0005.04%

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

Registrar Contact

Cameo Corporate Services Limited

+91-44-28460390

priya@cameoindia.com

Visit Website

Mandeep Auto Industries Limited IPO Documents

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