SMEClosed

Mandeep Auto Industries Limited IPO Subscription Status

📅Offer Date: 13 May 2024 – 15 May 2024

Minimum investment
₹1,34,0002000 shares
View IPO details

Data sourced from BSE & NSE · Last updated

Total76.09x
QIB61.64x
NII61.64x
Retail90.54x

Mandeep Auto Industries Limited IPO was subscribed 76.09x in total when bidding closed on 15 May 2024, with 61.64x in the QIB category, 61.64x in NII, 90.54x in retail. The issue ran from 13 May 2024 to 15 May 2024 at a price band of ₹67.00 per share.

QIB61.64xNII61.64xRetail90.54xTotal76.09x1×

Times subscribed by category against the 1× line.

91
≈ 1 in 91 retail allotment
low allotment chance

Based on retail subscription (90.54x). Final allotment decided by registrar's computerised lottery.

Subscription Details (No. of Shares)

CategoryOfferAppliedTimes
Retail17,89,00016,19,76,06090.54x
Total35,78,00027,22,50,02076.09x
QIB / NII17,89,00011,02,73,96061.64x

Subscription in Crores (₹Cr)

CategoryOfferedDemandTimes
Retail11.991085.2490.54x
QIB / NII11.99738.8461.64x
Total23.971824.0876.09x

Values derived from share count × issue price (₹67.00)

What this means for allotment & listing

Because Mandeep Auto Industries Limited closed oversubscribed, allotment follows the applicable category and exchange rules. A high subscription figure reflects strong demand but does not guarantee a premium listing, and a low figure does not guarantee a discount. This page is for information only and is not investment advice.

NSE SME listed · Bidding data sourced from BSE & NSE under SEBI ICDR regulations.

Mandeep Auto Industries Limited IPO subscription FAQs