Friday, May 3, 2024

Mandeep Auto Industries IPO Date, Review, Price, Allotment Details

Presently Mandeep Auto Industries is engaged within the industry of producing and supplying sheet steel parts, auto portions, and all varieties of sprocket gears and machined parts, which unearths its software in various industries, akin to tractors, vehicles, subject matter dealing with & earth shifting apparatus, railways, protection, device gear, DIY trade, and many others.

They manufacture those merchandise from their Manufacturing Unit (as outlined under). They consider, their production amenities have complex applied sciences to broaden and manufacture the goods that adhere to the stringent high quality keep watch over necessities in their visitor. They additionally manufacture custom designed parts as consistent with customer-specific necessities and use, with a prime level of precision each in high quality and time with personalised services and products to their sturdy visitor base in India.

Their focal point is to persistently extend their product portfolio via creating new designs. They consider that they percentage a longstanding dating with their visitor they usually obtain nearly all of their industry from repetitive purchasers. They repeatedly interact with their shoppers thru advertising by the use of private interactions and updating them on their functions and strengths. Their gross sales workforce works carefully with their shoppers to acquire their insights and comments concerning the upcoming traits within the trade which allows them to broaden and make stronger their merchandise to meet the necessities of the marketplace.

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Objects of the Issue:

  • Expansion of the present Manufacturing Facility situated at Plot No 26, Nangla, Faridabad Haryana – 121001 via building of the construction at the land adjoining to the present production unit, acquire of apparatus/machineries, and many others.
  • Repayment/prepayment of positive borrowings availed via the Company
  • Funding operating capital necessities; and d. General Corporate Purpose

Mandeep Auto Industries IPO Review

Mandeep Auto Industries IPO Date & Price Band Details

IPO Open: April [.], 2024
IPO Close: April [.], 2024
IPO Size: Approx ₹25.25 Crores, 3,768,000 Equity Shares
Face Value: ₹10 Per Equity Share
IPO Price Band: ₹67 Per Equity Share
IPO Listing on: NSE SME
Retail Quota: 50% of the web be offering
QIB Quota: [.]% of the web be offering
NII Quota: 50% of the web be offering
DRHP Draft Prospectus: Click Here
RHP Draft Prospectus: Click Here
Anchor Investors in IPO: Click Here

Mandeep Auto Industries IPO Market Lot

The Mandeep Auto Industries IPO minimal marketplace lot is 2000 stocks with a ₹134,000 software quantity.

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Application Lot Size Shares Amount
Retail Minimum 1 2000 ₹134,000
Retail Maximum 1 2000 ₹134,000
S-HNI Minimum 2 4000 ₹268,000

Mandeep Auto Industries IPO Dates

The Mandeep Auto Industries IPO date is April 2024 and the IPO shut date is April 2024. The IPO allotment date is April 2024 and the IPO would possibly listing on April 2024.

IPO Open Date: April [.], 2024
IPO Close Date: April [.], 2024
Basis of Allotment: April 2024
Refunds: April 2024
Credit to Demat Account: April 2024
IPO Listing Date: April 2024

You can take a look at IPO subscription standing and IPO allotment standing on their respective pages.

Mandeep Auto Industries IPO Form

How to use Mandeep Auto Industries IPO? You can practice Mandeep Auto Industries IPO by the use of ASBA to be had for your checking account. Just pass to the net financial institution login and practice by the use of your checking account via settling on the Mandeep Auto Industries IPO within the Invest segment. The different choice you’ll be able to practice Mandeep Auto Industries IPO by the use of IPO bureaucracy obtain by the use of the NSE web page. Check out the Mandeep Auto Industries bureaucracy – click on NSE IPO Forms obtain, fill and put up for your financial institution or along with your dealer.

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Mandeep Auto Industries Company Financial Report

₹ in Crores
Year Revenue Expense PAT
2021 ₹1563.49 ₹1437.72 ₹49.81
2022 2189.73 ₹2045.61 ₹64.69
2023 2978.74 ₹2757.81 ₹104.91
Aug 2023 510.27 ₹412.46 ₹55.89

Mandeep Auto Industries IPO Valuation – FY2023

Check Mandeep Auto Industries IPO valuations element like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) main points.

Earning Per Share (EPS): ₹21.57 consistent with Equity Share
Price/Earning P/E Ratio: 3.11
Return on Net Worth (RoNW): 8.45%
Net Asset Value (NAV): ₹10.07 consistent with Equity Share

Peer Group

  • Kranti Industries Limited
  • Porwal Auto Components Limited
  • Lumax Auto Technologies Limited
  • Mr. Gurpal Singh Bedi
  • Mrs. Nidhi Bedi
  • Mr. Rajveer Bedi

Mandeep Auto Industries IPO Registrar

Cameo Corporate Services Limited
Phone: +91-44-28460390
Email: [email protected]
Website: https://ipo.cameoindia.com/

Mandeep Auto Industries IPO Allotment Status

Check Mandeep Auto Industries IPO allotment standing on Cameo Corporate web page URL. Click Here

Mandeep Auto Industries IPO Lead Managers aka Merchant Bankers

  • Jawa Capital Services Private Limited

Company Address

Mandeep Auto Industries Limited
Plot No 26,
Nangla
Faridabad-121001
Phone: +91-129-2440045
Email: [email protected]
Website: https://www.mandeepautoindustries.com/

Mandeep Auto Industries IPO FAQs

What is Mandeep Auto Industries IPO?

Mandeep Auto Industries IPO is an NSE SME IPO. They are going to elevate ₹25.25 Crores by the use of IPO. The factor is priced at ₹67 consistent with fairness percentage. The IPO is to be indexed on NSE.

When Mandeep Auto Industries IPO will open?

The IPO is to open on April [.], 2024 for NII and Retail Investors.

What is Mandeep Auto Industries IPO Investors Portion?

The buyers’ portion for NII is 50%, and Retail is 50%.

How to Apply the Mandeep Auto Industries IPO?

You can practice Mandeep Auto Industries IPO by the use of ASBA on-line by the use of your checking account. You too can practice for ASBA on-line by the use of UPI thru your inventory agents. You too can practice by the use of your inventory agents via filling up the offline shape.

How to Apply the Mandeep Auto Industries IPO thru Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Naman In-Store (India)”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now pass in your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Mandeep Auto Industries IPO thru Upstox?

Log in to Upstox Application along with your credentials. Select the IPO. You will see the IPO Name “Naman In-Store (India)”. Click on Bid Button. Confirm your software. Now pass in your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Mandeep Auto Industries IPO thru Paytm Money?

Log in to Paytm Money Application along with your credentials. Select the IPO. You will see the IPO Name “Naman In-Store (India)”. Click on Bid Button. Confirm your software. Now pass in your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Mandeep Auto Industries IPO Size?

Mandeep Auto Industries IPO measurement is ₹25.25 crores.

What is Mandeep Auto Industries IPO Price Band?

Mandeep Auto Industries IPO Price Band is ₹67 consistent with fairness percentage.

What is Mandeep Auto Industries IPO Minimum and Maximum Lot Size?

The IPO bid is 2000 stocks with ₹134,000.

What is Mandeep Auto Industries IPO Allotment Date?

Mandeep Auto Industries IPO allotment date is April [.], 2024.

What is Mandeep Auto Industries IPO Listing Date?

Mandeep Auto Industries IPO record date is April [.], 2024. The IPO to listing on NSE SME.

Note: The Mandeep Auto Industries IPO main points are introduced formally. The IPO gray marketplace top rate (Mandeep Auto Industries IPO Premium) is up to date at the respective web page. You can take a look at our IPO gray marketplace web page for day by day updates.



– Source : IPOWATCH

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