Mandeep Auto Industries IPO

Mandeep Auto Industries Limited IPO issues 37,68,000L shares worth INR 25.25 crores for expanding its Faridabad facility, debt repayment, and more.

Important Details

Open Date : May 13, 2024 Close Date : May 15, 2024 Allotment Date: May 16, 2024 Listing Date: May 21, 2024

Important Details

IPO Price: INR 67 per share Lot Size: 2000 shares Total Issue Size: INR 25.25 cr

Fundamental Analysis

Mandeep Auto Industries: 1. Revenue initially rose, then fell short. 2. Profitability and equity improved. 3. Return on net worth declined, indicating mixed performance.

Peer Comparison

Mandeep Auto : Stable growth, mixed profitability. Kranti Industries : Robust profitability. Porwal Auto : Losses, significant revenue growth. Lumax Auto : Strong revenue, profit growth, outperformed peers.


The main objective of Mandeep Auto Industries Ltd is to expand, repay debts, and fund working capital requirements.

Risks And Challenges

Mandeep Auto Industries Ltd risks :  1. Dependency on permits & licenses. 2. Potential setbacks from land categorization. 3. Limited operating history post-acquisition, impacting evaluation and continuity.