Mandeep Auto Industries Limited IPO Allotment Status
The allotment date for the Mandeep Auto Industries Limited IPO is set for May 16, 2024, with shares priced at ₹67 per share and a face value of ₹10. The offering consists of lots of 2000 shares, with bids accepted for these lots or their multiples.
Mandeep Auto Industries Limited IPO Allotment Status Check
To ascertain their allocation status for the Mandeep Auto Industries Limited IPO, investors can easily navigate through steps provided on either the BSE platform or the IPO registrar Cameo Corporate Services’s website.
IPO Allotment Status BSE
Here are steps to check Mandeep Auto Industries Limited IPO allotment status on BSE website
Step 1: Visit BSE website
Step 2: Select ‘Equity’ under the Issue Type
Step 3: Choose Mandeep Auto Industries Limited from the drop-down menu
Step 4: Enter Application No or PAN
Step 5: Click on ‘I am not a Robot’ and then hit on ‘Submit”
Steps to check Mandeep Auto Industries Limited IPO allotment status on Cameo Corporate Services’s website
Step 1: Visit IPO registrar website – Cameo Corporate Services
Step 2: Select ‘Mandeep Auto Industries’ from the Select Company dropdown menu
Step 3: Choose from PAN, Application No, DP/Client ID or Account No/IFSC
Step 4: Enter the details as per the option selected
Step 5: Hit the Submit button
Your Mandeep Auto Industries IPO allotment status will be reflected on the screen.
Mandeep Auto Industries Limited IPO GMP Today
The Mandeep Auto Industries Limited IPO GMP (Grey Market Premium) is ₹35 as of May 15.
Mandeep Auto Industries Limited IPO Subscription Status
Mandeep Auto Industries Limited’s IPO saw strong investor interest on day 2, with QIBs bidding for 22,000 shares, non-institutional investors for 55,20,000 shares, and retail investors leading with 2,26,06,000 shares bid, totaling 2,81,48,000 shares.
Mandeep Auto Industries Limited IPO Details
Mandeep Auto Industries is launching an IPO worth ₹25.25 crore, issuing 3,768,000 shares without an offer-for-sale. The funds will enhance its Faridabad facility, purchase new equipment, reduce debt, and support working capital. Jawa Capital and Cameo Corporate manage the IPO, with shares listing on NSE SME on May 21 after allocations on May 16 and account crediting by May 17.