Closed
Mandeep Auto Industries Limited logo

Mandeep Auto Industries Limited IPO

SME IPOListedMANDEEPNSE
Current Market Price (CMP)
₹59.15(-11.72%)
Current Price (CMP)
₹59.15(-11.72%)

Live Market Quote

Listing Price & Gain
₹62.25(-7.09%)

Day 1 Exchange Open

IPO Issue Price
₹67

Band: ₹67

Total Subscription
72.27x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
13 May 2024
IPO Bidding Closes
15 May 2024
Allotment & Refunds
Completed
Exchange Listing Day
21 May 2024

IPO Subscription Status

Breakdown of institutional, high-net-worth, and retail bidding demand

Overall Demand: 72.27x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)0x
Non-Institutional Investors (NII / HNI)0x
Retail Individual Investors (RII)0x
Total Subscription72.27x
Updated as on 15-May-2024 18:21:00

Listing Day & Return Performance

Listing Day Gain-7.09%
₹67 (Issue) → ₹62.25 (List)
Per share profit: ₹-4.75
Holding Return (Till Date)-11.72%
₹67 (Issue) → ₹59.15 (CMP)
Net gain per share: ₹-7.85
Post-Listing Performance (Listing Day → Today):-4.98%

About Mandeep Auto Industries Limited IPO

Mandeep Auto Industries Limited is an Indian public offering categorized under the SME (Small and Medium Enterprise) segment. The public issue opened for bidding on 13 May 2024 and concluded on 15 May 2024, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹67.

During the bidding window, Mandeep Auto Industries Limited witnessed heavy demand with an overall subscription of 72.27 times. Institutional investors (QIB) subscribed —, non-institutional high-net-worth investors (NII) subscribed —, and retail individual investors (RII) bid — their reserved quota.

The equity shares of Mandeep Auto Industries Limited officially debuted on the stock exchanges on 21 May 2024 at an opening listing price of ₹62.25, delivering a listing day return of -7.09% (discount) over the final issue price. As per the latest market data, the stock trades at ₹59.15, representing an overall decline of -11.72% since its IPO allotment.

Frequently Asked Questions

What was the issue price or price band of Mandeep Auto Industries Limited IPO?
The issue price of Mandeep Auto Industries Limited IPO was fixed at ₹67 per equity share. The indicative bidding price band was ₹67.
What were the open, close, and listing dates for Mandeep Auto Industries Limited IPO?
Mandeep Auto Industries Limited IPO opened on 13 May 2024, closed on 15 May 2024, listed on 21 May 2024.
How much was Mandeep Auto Industries Limited IPO subscribed?
The IPO received an overall subscription of 72.27 times. Category-wise, QIBs subscribed —x, NIIs subscribed —x, and Retail investors subscribed —x.
What was the listing price and listing gain of Mandeep Auto Industries Limited IPO?
Mandeep Auto Industries Limited IPO listed on the stock exchange at ₹62.25, delivering a listing discount of 7.09% compared to the IPO issue price of ₹67.
Is Mandeep Auto Industries Limited IPO a Mainboard or SME IPO?
Mandeep Auto Industries Limited IPO is a SME IPO listed on the SME platform of NSE.
What is the current return of Mandeep Auto Industries Limited IPO since its IPO?
At the latest market quote of ₹59.15, Mandeep Auto Industries Limited IPO has generated an all-time return of -11.72% since its initial public offering.

Related SME IPOs (2024)