- Mandeep Auto Industries Limited is offering a fixed price issue of

up to 37,68,000 equity shares at Rs. 67 per share.

- The issue includes a fresh issue of equity shares and no offer for
sale.
- The company's promoters are Mr. Gurpal Singh Bedi, Mrs. Nidhi
Bedi, and Mr. Rajveer Bedi.
- The issue opens on May 13, 2024, and closes on May 15, 2024.
- The equity shares will be listed on the EMERGE Platform of NSE.
- Investors are advised to carefully read the risk factors before
investing in the issue.
- The face value of the equity shares is Rs. 10 each, and the issue
price is 6.7 times the face value. - The issue is being made through a
Fixed Price process in compliance with SEBI ICDR Regulations.
- A minimum of 50% of the Net Issue is allocated for Retail
Individual Investors.
- The remaining balance is offered to individual applicants other than
Retail Individual Investors, QIBs, and Non-Institutional Investors.
- Retail Individual Investors may be allocated a higher percentage if
entitled on a proportionate basis.
- All potential investors must participate in the Issue through an
ASBA process.
- The Issue Price is Rs. 67, which is 6.7 times the face value of the
Equity Shares.
- Investments in equity and equity-related securities involve risks, and
investors should carefully consider the risk factors before investing.
- The Equity Shares are proposed to be listed on the NSE-EMERGE
platform of the National Stock Exchange of India Limited.
- The Issue opens on Monday, May 13, 2024, and closes on
Wednesday, May 15, 2024. - The text is a prospectus for Mandeep
Auto Industries Limited
- It includes definitions and abbreviations used in the document
- Terms like "Our Company", "Articles of Association", "Auditors",
"Board of Directors", "CEO", "CFO", "Equity Shares", "Independent
Director", "Key Managerial Personnel", "Promoters", "Promoter
Group", and "Registered Office" are defined
- The prospectus covers various sections such as issue price, tax
benefits, industry overview, business overview, financial statements,
legal information, issue structure, and more
- It provides information about the company's history, corporate
structure, management, promoters, dividend policy, financial
indebtedness, and more
- The document also includes details about outstanding litigations,
government approvals, regulatory disclosures, issue information, and
articles of association. - Restated financial statements for the
Company for various periods are prepared in accordance with
applicable provisions of the Companies Act, 2013 and SEBI ICDR
Regulations.
- Terms related to the issue include Abridged Prospectus, Allotment of
Equity Shares, Applicant/Investor, Application Form, Banker(s) to the
Issue, Basis of Allotment, Broker Centers, Business Day,
CAN/Confirmation of Allocation Note, Depositories, Designated CDP
Locations, Depository Participant, Designated Stock Exchange, etc.
- Designated Intermediaries such as SCSBs, Registered Brokers,
CDPs, and RTAs are involved in collecting application forms from
applicants.
- Details such as Demographic Details, Depositories Act, Designated
Date, Designated SCSB Branches, Designated RTA Locations, DP ID,
Draft Prospectus, etc., are also mentioned in the text. - Prospectus
dated November 20, 2023 issued in accordance with Section 32 of the
Companies Act, 2013 and filed with BSE under SEBI ICDR
Regulations
- Eligible NRI NRIs and Eligible QFIs from jurisdictions outside
India where it is not unlawful to participate in the Issue
- FII / Foreign Institutional Investors registered with SEBI under
applicable laws in India
- General Information Document prepared in accordance with SEBI
Circular No. SEBI/HO/CFD/DIL1/CIR/P/2020/37 dated March 17,
2020
- Public Issue of 37,68,000 Equity Shares of face value Rs. 10 each of
Mandeep Auto Industries Limited at a price of Rs. 67 per Equity
Share
- Issue Opening Date on Wednesday, May 15, 2024 and Closing Date
on Monday, May 13, 2024
- Lead Manager for the Issue is Jawa Capital Services Private Limited
- Market Maker appointed by the company is After trade Broking
Private Limited
- Non Institutional Investors who have applied for Equity Shares for
an amount more than Rs. 2 Lakh
- Prospectus to be filed with the RoC in accordance with the
provisions of Section 32 of the Companies Act, 2013
- Retail Individual Investors who have applied for Equity Shares for
an amount not more than Rs. 2,00,000
- SEBI ICDR Regulations, SEBI LODR Regulations, SEBI FPI
Regulations, SEBI FVCI Regulations are mentioned in the text. The
text exchange includes information about various SEBI regulations
such as Listing Obligations and Disclosure Requirements, Takeover
Regulations, VCF Regulations, Insider Trading Regulations, and
more. It also mentions terms like UPI, Underwriter, SME Exchange,
and Working Days. Additionally, it provides definitions for
technical/industry-related terms and conventional terms/abbreviations.
The document covers a wide range of regulatory and technical terms
related to the financial and investment industry.

What is the issue size of the IPO?

What is the object of the issue?
Who is the lead manager for the IPO?
The company proposes to raise funds through an initial public
offering of equity shares. The issue size is 37,68,000 equity shares of
face value Rs. 10 each for cash at a price of Rs. 67 per equity share
aggregating Rs. 2,524.56 Lakhs.
The objects of the issue include expansion of the existing
manufacturing facility, repayment/prepayment of borrowings, funding
working capital requirements, and general corporate purposes.
Jawa Capital Services Private Limited is the lead manager for the
issue.

he company, Mandeep Auto Industries, has a history outlined in

the document you provided. They focus on markets for unique
designs, good quality, and competitively priced products. The
IPO is aimed at raising funds to support better working capital
management and leverage market skills and relationships.

Regarding important dates related to the IPO, here are some

details from the document:

 The issue size is 37,68,000 equity shares of face value Rs.

10 each for cash at a price of Rs. 67 per equity share,
aggregating Rs. 2,524.56 Lakhs.
  The lead manager for the IPO is Jawa Capital Services
Private Limited.

The objective of the IPO, as mentioned in the document,

includes the expansion of the existing manufacturing facility,
repayment/prepayment of borrowings, funding working capital
requirements, and general corporate purposes.

As for risks associated with the IPO, the document should have
a section on risk factors that outline potential challenges or
uncertainties related to the offering.

Participants of the IPO may include institutional investors, retail

investors, and other entities interested in buying equity shares
of the company.

The valuation of the IPO is typically determined by factors such

as the company's financial performance, market conditions, and
investor demand. This information may be available in the
document you provided.

The quota of the IPO refers to the number of shares allocated

for different categories of investors like retail investors,
institutional investors, and others. This allocation is usually
specified in the offer document.