Issue Price
₹67
Per Share
GMP
NIL
Grey Market
Est. Listing
₹67
Expected Price
Min. Application
₹268,000
2 lots × 2000 shares
Incorporated in 2000, Mandeep Auto Industries Limited is involved in the manufacturing and supply of various products like sheet metal components, auto parts, sprocket gears, and machined components. These products have applications in a diverse range of industries such as automobiles, tractors, material handling and earth moving equipment, railways, defense, machine tools, and even the DIY industry.The company is supported by experienced professionals specialising in Press and Machining Components. Additionally, it holds both ISO 14001:2015 and ISO 9001:2015 certifications.The company's client list includes both domestic and global OEMs in the automobile sector. Some of the prominent clients are M/s J.L Auto Parts Pvt. Ltd. (Faridabad, Haryana), M/s Tube Investments of India Limited (Chennai, Tamil Nadu), M/s Rockman Industries Limited (Saket, New Delhi), M/s Manvi Automobiles (Faridabad, Haryana), and M/s Jain Industrial Products Private Limited (Hissar, Haryana).).As of November 2023, the company employs 54 people and has 15 contract labourers.
Mandeep Auto Industries Ltd proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 190,000 | — | ₹1.27 Cr | — |
| TOTAL | 3,768,000 | 100.00% | ₹25.25 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹134,000 |
| Retail (Max) | 13 | 26,000 | ₹1,742,000 |
| sNII (Min) | 14 | 28,000 | ₹1,876,000 |
| bNII (Min) | 68 | 136,000 | ₹9,112,000 |
| Particulars | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue from Operations | 1656.76 | 2978.74 | 2189.73 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 214.93 | 104.91 | 64.69 |
| Net Worth | 820.80 | 453.54 | 413.61 |
| Total Assets | 2424.73 | 1963.15 | 1297.81 |
| Reserves & Surplus | 163.81 | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |