Mandeep Auto Industries Limited, incorporated in April 2023, is a public limited company specializing in manufacturing and supplying sheet metal components, auto parts, sprocket gears, and machined components. Originating from M/s Mandeep Industries, founded by Mr. Gurpal Singh Bedi, the company has expanded its operations to cater to various sectors, including automotive, railways, defense, and material handling. Over the years, the company has enhanced its capabilities by incorporating a comprehensive in-house inspection facility and acquiring tooling machinery.
To provide a corporate structure to its operations, Mandeep Auto Industries Limited was established, acquiring the business of M/s Mandeep Industries. The company emphasizes customization and precision in manufacturing to meet specific customer requirements. With a strong domestic customer base, it is now proposing an Initial Public Offering (IPO) of 37,68,000 fresh equity shares, aiming to raise Rs 25.2 crore to support its growth and expansion strategies.