Mandeep Auto Industries IPO GMP Today

Dear investors check out here Mandeep Auto Industries IPO GMP Today. We regularly update Grey Market Premium Today About all IPO. Mandeep Auto Industries IPO GMP today is ₹140.

Mandeep Auto Industries IPO is open on Thursday, May 9, 2024. and close on Monday, May 13, 2024. Mandeep Auto Industries IPO total issue size is ₹41.15 Cr, and Mandeep Auto Industries IPO price is ₹138 per share. The IPO will be listed on BSE and NSE. Mandeep Auto Industries Limited IPO listing on Tuesday, May 21, 2024.

Mandeep Auto Industries IPO Date

  • IPO Open Date: Thursday, May 9, 2024
  • IPO Close Date: Monday, May 13, 2024
  • Cut-off time for UPI mandate confirmation: 5 PM on May 13, 2024
  • Basis of Allotment: Tuesday, May 14, 2024
  • Initiation of Refunds: Wednesday, May 15, 2024
  • Credit of Shares to Demat: Wednesday, May 15, 2024
  • Listing Date: Thursday, May 16, 2024

Mandeep Auto Industries Limited About

Established in the year 2000, Mandeep Auto Industries Limited specializes in the manufacturing and distribution of a wide array of products, including sheet metal components, auto parts, sprocket gears, and machined components. These offerings cater to various industries such as automotive, agriculture (tractors), material handling and earth-moving equipment, railways, defense, machine tools, and even the do-it-yourself (DIY) sector.

Backed by a team of seasoned professionals with expertise in Press and Machining Components, the company prides itself on its quality standards, holding both ISO 14001:2015 and ISO 9001:2015 certifications.

Mandeep Auto Industries IPO GMP Today Price | Gray Markets Price Today

As Per the last update on May 14, 2024, at 11:00 AM, the latest GMP (Gray Markets Price) for Mandeep Auto Industries IPO is ₹25. The base price of the IPO is ₹67.00, with an estimated listing price of ₹92 (37.31%) (cap price + today’s GMP). This suggests an expected profit/loss per share of 37.31%.

Mandeep Auto Industries IPO GMP Today

Date GMP Price Kostak Subject to
15 May 2024 ₹67 ₹22000 ₹38000
14 May 2024 ₹67 ₹22000 ₹38000
13 May 2024 ₹25 ₹67 ₹22000 ₹38000

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