Mandeep Auto Industries Limited

About the company

## **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. 1.  Repayment/prepayment of certain borrowings availed by our Company; 1.  Funding working capital requirements 1.  General Corporate Purpose

Financial performance (₹ Cr)

IPO Roadmap / Timeline

1. IPO Opens

   Completed
   13 May 2024

   Bidding starts for all investor categories

2. IPO Closes

   Completed
   15 May 2024

   Last day to place your bid

3. Basis of Allotment

   Completed
   15 May 2024

   Share allotment finalised

4. Refund Initiation

   Completed
   17 May 2024

   Refunds credited for non-allottees

5. Credit to Demat

   Completed
   16 May 2024

   Allotted shares credited to demat account

6. Listing on Exchange

   Completed
   21 May 2024

   Shares list on NSE / BSE

Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.