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Open
13 May 2024
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Close
15 May 2024
3
Allotment
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Listing
Tue, May 21, 2024
Price Band
₹67 per share
Issue Size
37,68,000 shares (agg. up to ₹25 Cr)
Lot Size
2,000 Shares
Listing Date
Tue, May 21, 2024
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 75.54x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 24.25 | 19.63 | 12.98 | 10.50 |
| Total Income | 16.57 | 29.79 | 21.90 | 15.63 |
| Profit After Tax | 2.15 | 1.05 | 0.65 | 0.50 |
| NET Worth | 8.21 | 4.54 | 4.14 | 2.80 |
| Reserves and Surplus | 1.64 | |||
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Emmforce Autotech Ltd. | SME | ₹53.90 Cr | ₹98 | 33.5 | ₹195.51 | +99.50% | ₹180.15 |
| Thaai Casting Ltd. | SME | ₹47.20 Cr | ₹77 | 25.99 | ₹195.15 | +153.44% | ₹111.30 |
| New Swan Multitech Ltd. | SME | ₹33.11 Cr | ₹66 | 9.32 | ₹131.67 | +99.50% | ₹40.00 |
| ASK Automotive Ltd. | Mainboard | ₹833.91 Cr | ₹282 | 45.63 | ₹310.10 | +9.96% | ₹610.15 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 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. | 9.08 |
| 2 | Repayment/prepayment of certain borrowings availed by our Company | 6.84 |
| 3 | Funding working capital requirements | 6.09 |
| 4 | General Corporate Purpose | 2.23 |
About Mandeep Auto Industries IPO
Updated on Aug 5, 2026
Contact Details
Mandeep Auto Industries Ltd. AddressPlot No 26NanglaFaridabad, Haryana, 121001+91-129-2440045info@mandeepautoindustries.comVisit Website