Mandeep Auto IPO Fly high with 72.27x Subscription on Day 3!

Mandeep Auto IPO garnered substantial interest on Day 3, subscribed 72.27 times, showing strong investor confidence and enthusiasm for the company's market potential and future growth.
Mandeep Auto IPO Fly high with 72.27x Subscription on Day 3!

Mandeep Auto IPO showed strong market interest on Day 3, with the issue being subscribed 72.27 times. This high subscription rate reflects significant investor enthusiasm and confidence in the company’s future prospects.

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How To Check Mandeep Auto Industries Limited IPO Subscription Status? 

Steps to check the IPO subscription status on NSE

Following are the steps to check it through the NSE website

  • Visit NSE‘s official website.
  • Navigate to the ‘Market Data’ tab.
  • Choose ‘IPO’.
  • Select the Mandeep Auto Industries Limited IPO to check its subscription status.
  • Opt for either NSE Bid details or Consolidated Bid details.
  • Explore the total number of bids received from various investors. 

Mandeep Auto Industries IPO Subscription Status

Mandeep Auto Industries 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 Allotment Status

The allotment date for the Mandeep Auto Industries Limited IPO is set for May 16, 2024, with shares priced at a range of ₹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 Listing Date 

Mandeep Auto Industries Limited IPO is expected to be listed on the NSE SME on May 21, 2024.

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