:::LALKAR GROUP::::

Mandeep Auto Industries Ltd

Registered Office: Plot No 26,Nangla, Faridabad - 121001, Haryana, India.
Phone : +91-129-2440 045 Fax:
Email : info@mandeepautoindustries.com
Website : www.mandeepautoindustries.com

Initial public issue of 37,68,000 equity shares of face value of Rs. 10 each ("Equity Shares") of Mandeep Auto Industries Limited (the "Company") for cash at a price of Rs. 67 per equity share (including a share premium of Rs. 57 per equity share) (the "Issue Price"), aggregating upto Rs. 25.25 crores ("The Issue"), of which 1,90,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 67 per equity share, aggregating to Rs. 1.27 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. issue of 35,78,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 67 per equity share, aggregating to Rs. 23.97 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 36.45% and 34.61% respectively of the fully diluted post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10 each and the issue price of Rs. 67 is 6.7 times of the face value of the equity shares.

Issue		Money Payable On
Opens On	Closes On	Application	Allotment
13-May-24	15-May-24	67.00-0.00	0.00-0.00

Minimum Application for shares in Nos : 2000 Further Multiples of : 2000

	(Rs)	Lead Managers to the Issue
Project Cost	24.25	Jawa Capital Services Pvt Ltd
Project Financed through Current Offer	25.25
Post Issue Equity Share Capital	10.34
Issue Price	67.00

Projects

Expansion of the existing Mfg facility plot # 26 Nangla	Repayment/prepayment of certain borrowings availed by the company
Funding working capital requirements	General corporate purposes

Promoted By

Gurpal Singh Bedi

Nidhi Bedi

Rajveer Bedi

Listing At

NSE - SME

Registrar to the Issue

No Data Available