Mandeep Auto Industries Limited

Mandeep Auto Industries Limited

listed
₹1.34LMin. investment
  1. Bid start
    13 May
  2. Bid end
    15 May
  3. Allotment
    15 May
  4. Release of funds
    17 May
  5. Demat transfer
    16 May
  6. Listing
    21 May

About Mandeep Auto Industries Limited

Price range₹67.00 – ₹67.00
IPO type
SME
Lot size2000 shares
Issue size₹25.25Cr
RHP/DRHP
Read

Checklist

Risk analysis
Debt to Equity ratio
Promoter holdings
Shares pledged
The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

About Mandeep Auto Industries Limited

Incorporated in 2000, Mandeep Auto Industries is engaged in the business of manufacturing and supplying sheet metal components, auto parts, and all types of sprocket gears and machined components, that finds its application in a diverse industry, such as tractor, automobiles, material handling & earth moving equipment, railways, defense, machine tools, DIY industry etc.They  manufacture these products from their Manufacturing Unit (as defined below). They believe, their manufacturing facilities have advanced technologies to develop and manufacture the products that adhere to the stringent quality control requirements of their customer. They also manufacture customized components as per customer specific requirements and use, with high degree of precision both in quality and time with personalized services to their strong customer base in India.
The company  focus is to consistently expand their product portfolio by developing new designs. They believe that they share a longstanding relationship with customer and receive majority of business from repetitive clients. They constantly engage with customers through marketing via personal interactions and updating them on their capabilities and strengths. They are led by a highly experienced board of directors, and a professional and experienced management team with extensive experience in the automotive industry and a proven track record of 115 performance
The company operates from its registered office cum manufacturing unit located at Plot No. 26, Nangla, Faridabad, Haryana. Their long-standing relationship with key customers provides them with a significant advantage to effectively compete with their competitors.
Mandeep Auto Industries Prepares for its Initial Public Offering (IPO), the proceeds generated from the Fresh Issue will be allocated towards crucial objectives:
  1.  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 our existing manufacturing unit, purchase of equipment/machineries, etc.
  2.  Repayment/prepayment of certain borrowings availed by our Company;
  3.  Funding working capital requirements
  4.  General Corporate Purpose

Frequently asked questions

How to invest in the IPO?

Investors can apply for the IPO through their Demat account via the stock exchange or through their broker.

What is the issue size of Mandeep Auto Industries Limited ?

The issue size of the Mandeep Auto Industries Limited is 25.25 Cr.

What is 'pre-apply' for Mandeep Auto Industries Limited ?

Pre-applying for an IPO allows you to submit your application before the official subscription period begins.

Which exchanges will Mandeep Auto Industries Limited shares list on?

The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.