Mandeep Auto Industries
Mandeep Auto Industries Info
Details about the Mandeep Auto Industries IPO. Opening Date of Mandeep Auto Industries is 13 May 24 and Closing Date is 15 May 24 . Face Value of Each share of Mandeep Auto Industries is ₹10 per share. Fixed price of Mandeep Auto Industries is ₹67. The Lot size of Mandeep Auto Industries is 2,000 shares. Total issue size of Mandeep Auto Industries IPO is ₹25.25 cr. Fresh Issue of Mandeep Auto Industries IPO is 25.25 cr. This is a Fixed Price Issue IPO. Expected to list on NSE SME. Share Holding Pre Issue of Mandeep Auto Industries is 6,569,894. Share Holding Post Issue of Mandeep Auto Industries is 10,337,894.
Business Summary
Mandeep Auto Industries is presently engaged in the business of manufacturing and supplying sheet metal components, auto parts, and all types of sprocket gears and machined components that find application in diverse industries such as tractors, automobiles, material handling & earth moving equipment, railways, defense, machine tools, and the DIY industry, among others.
The company manufactures these products from its Manufacturing Unit (as defined below). Mandeep Auto Industries believes its manufacturing facilities employ advanced technologies to develop and manufacture products that adhere to stringent quality control requirements.
The company also manufactures customized components as per customer-specific requirements and uses, with a high degree of precision in quality and time, providing personalized services to its strong customer base in India.
Mandeep Auto Industries IPO Details
| Open Date | 13 May 24 |
|---|---|
| Close Date | 15 May 24 |
| Face Value | ₹10 per shares |
| Price | ₹67 |
| Lot Size | 2,000 Shares |
| Total issue Size | 3,768,000 Shares ₹25.25 cr |
| Fresh Issue | 3,768,000 Shares ₹25.25 cr |
| Issue Type | Fixed Price Issue |
| Listing At | NSE SME |
| Share Holding Pre Issue | 6,569,894 |
| Share Holding Post Issue | 10,337,894 |
| Market Maker | Aftertrade Broking |
| Market Maker Portion | 190,000 Shares |
| RHP , DHRP | View RHP, View DRHP |
Mandeep Auto Industries IPO Timeline
The Mandeep Auto Industries Initial Public Offering (IPO) is set to open on 13 May 24 and will end its subscription phase on 15 May 24. You can check your allotment status for Mandeep Auto Industries on 16 May 24. The refund process for your funds will start promptly on 17 May 24. Mandeep Auto Industries IPO credit of shares will be on 17 May 24. The listing date for Mandeep Auto Industries is on 21 May 24.
Open Date
Close Date
Basis Of Allotment
Initialization of Refund
Credit of Share
Listing Date
Mandeep Auto Industries IPO Reservation
The Mandeep Auto Industries IPO reserves shares for different investor categories. Approximately 50% of the Net Issue will be available for NII, 50% of the Net Issue will be available for Retail,
190,000 Shares will be reserved for subscription by Aftertrade Broking
| Investor Category | Shares Offered |
|---|---|
| NII | 50% of the Net Issue |
| Retail | 50% of the Net Issue |
Mandeep Auto Industries IPO Lot Size
Bids can be made for minimum of 2000 shares and in multiple of 2000 equity shares thereafter
| Application | Lot | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | 134,000 |
| Retail (Max) | 1 | 2,000 | 134,000 |
| HNI (Min) | 2 | 4,000 | 268,000 |
Mandeep Auto Industries IPO Promoters Holding
Promoters holding details for Mandeep Auto Industries in the current issue is as follows: The share holding of promoters before the issue stands at 99.97%, and after the issue, it has been adjusted to 63.53%.
Promoters of Mandeep Auto Industries are Mr. Gurpal Singh Bedi, Mrs. Nidhi Bedi, Mr. Rajveer Bedi,
| Share Holding Pre Issue | 99.97% |
|---|---|
| Share Holding Post Issue | 63.53% |
Mandeep Auto Industries Financial Information
Financial performance details for Mandeep Auto Industries over the years are as follows: The table below presents key financial indicators, including Assets, Revenue, and Profit After Tax (PAT).
| Period | 31 Dec 23 | 31 Mar 23 | 31 Mar 22 | 31 Mar 21 |
|---|---|---|---|---|
| Assets | 2,424.73 | 1,963.15 | 1,297.81 | 1,050.17 |
| Revenue | 1,656.76 | 2,978.74 | 2,189.73 | 1,563.49 |
| Profit After Tax | 214.93 | 104.91 | 64.69 | 49.81 |
Mandeep Auto Industries IPO Key Performance Indicator
Key Performance Indicators (KPIs) for Mandeep Auto Industries are outlined below. Monitoring these KPIs provides insights into the company's operational and strategic performance. The table presents various performance indicators along with their corresponding values.
| KPI | Value |
|---|---|
| P/E (x) | 41.96 |
| ROCE | 27.94% |
| ROE | 30.15% |
| EPS (Rs) | 1.6 |
Object of the Issue
- • Expansion 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.
- • Repayment/prepayment of certain borrowings availed by the Company
- • Funding working capital requirements
- • General Corporate Purpose
Contact Details for Mandeep Auto Industries
Registrar Details for Mandeep Auto Industries
Cameo Corporate Services Limited
Phone
Office
Subramanian Building”, No. 1, Club House Road, Chennai -600002, India
Lead Manager
- • Jawa Capital Services Private Limited