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LISTEDSME

Mandeep Auto Industries IPO

Open 13th May 2024 · Close 15th May 2024 · Listing 21st May 2024

Price BandTBA
Live GMP₹4.00
Subscription77.23×
Issue Size₹25.25 Cr
Allotment16th May 2024

At a glance

Updated 2026-08-24

Mandeep Auto Industries is a SME IPO with an issue size of ₹25.25 crore, proposed for listing on NSE SME. The offer opens on 13th May 2024 and closes on 15th May 2024. The issue structure includes a fresh issue of ₹23.97 crore.

Issue details

Listing atNSE SME
Issue typeFixed Price Issue
Issue size₹25.25 Cr
Fresh issue₹23.97 Cr
Face value₹10
Price band—–—
Allotment16th May 2024
Listing21st May 2024

Grey market

GMP page ↗
Latest GMP₹4.00
GMP / upper priceNO DATA
Est. listing₹71.00
GMP is unofficial sentiment data, not an exchange price.

Timeline

Opens13th May 2024
Closes15th May 2024
Allotment16th May 2024
Refund17th May 2024
Demat17th May 2024
Listing21st May 2024

Subscription demand

Full bidding ↗
Total77.23×

Lot size

InvestorLotsSharesAmount
Minimum Bid12000

Company

Incorporated2000

Use of proceeds

ObjectAmount
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.₹9.08 Cr
Repayment/prepayment of certain borrowings availed by our Company₹6.84 Cr
Funding working capital requirements₹6.09 Cr
General Corporate Purpose₹2.23 Cr

31 Mar 2021

Assets10.50
Total Income15.63
Profit After Tax0.50
NET Worth2.80

31 Mar 2022

Assets12.98
Total Income21.90
Profit After Tax0.65
NET Worth4.14

31 Mar 2023

Assets19.63
Total Income29.79
Profit After Tax1.05
NET Worth4.54

31 Dec 2023

Assets24.25
Total Income16.57
Profit After Tax2.15
NET Worth8.21
Reserves and Surplus1.64
Trend chart₹ crore

KPIs

KPIDec 31, 2023
ROE30.15%
ROCE27.94%
Debt / Equity1.00%
RoNW25.97%
PAT Margin12.97%
Price to Book Value5.36

Valuation & shareholding

Pre-IPO EPS6.60
Post-IPO EPS2.77
Pre-IPO P/E10.15
Post-IPO P/E21.97
Promoter holding pre99.97%
Promoter holding post63.53%
Market cap₹69.26 Cr.

Issue expenses

ExpenseAmount
Lead manager(s) fees including underwriting commission, Advisor to the issue consultancy fees₹0.32 Cr
Brokerage, selling commission and upload fees including Market maker₹0.25 Cr
Registrars to the issue₹0.01 Cr
Legal Advisors₹0.03 Cr
Advertising and marketing expenses₹0.16 Cr
Regulators including stock exchanges₹0.15 Cr
Printing and distribution of issue stationary₹0.05 Cr
Restatement of Accounts and Peer Review Auditor₹0.03 Cr

Registrar & lead managers

Registrar

Cameo Corporate Services Ltd.

Lead managers

  • Jawa Capital Services Pvt.Ltd.

Offer documents

Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-24.