What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the estimated listing price for Mandeep Auto Industries Limited IPO?

Based on the upper price band of ₹67 and current GMP of ₹4, the estimated listing price is ₹71 (approx. 6.0% gain).

What is the expected profit per lot for Mandeep Auto Industries Limited IPO?

With a lot size of 2000 shares and current GMP of ₹4, expected profit per retail application lot is approximately ₹8,000.

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Grey Market Intelligence

Mandeep Auto Industries Limited

ListedSME

Auto Components & Ancillaries · NSE

Founded in 2000, Mandeep Auto Industries Limited is a leading manufacturer and supplier of sheet metal components, auto parts, sprocket gears, and machined components. Its products serve a wide range of industries, including automobiles, tractors, material handling, railways, defense, and machine tools. With a team of skilled professionals specializing in press and machining components, the company maintains ISO 14001:2015 and ISO 9001:2015 certifications, ensuring top-quality standards and strong environmental management practices. Mandeep Auto Industries serves both domestic and global OEMs in the automobile sector, with a client list that includes J.L Auto Parts Pvt. Ltd., Tube Investments of India Limited, Rockman Industries Limited, Manvi Automobiles, and Jain Industrial Products Private Limited. With 54 full-time employees and additional contract laborers, the company remains dedicated to delivering high-quality products and exceptional service to its valued clients.

Price Band

₹67

Issue Size

₹25.25 Cr

Lot Size

2000 shares

GMP

₹4

+6.0%

Est. Listing

₹71

at current GMP

Subscribed

76.09x

overall

Open

13 May 2024

15 May 2024

Allotment

16 May 2024

Refund

17 May 2024

Demat Credit

18 May 2024

Listing

21 May 2024

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Live Grey Market Premium

Mandeep Auto Industries Limited GMP Today

Last updated: 19 Oct 2026

Current Premium

₹4+6.0%

Issue Price (Upper)

₹67

Band: ₹67

Estimated Listing Price

₹71

Upper price + GMP

Lot Size

2000 shares

Min investment ₹1,34,000

Date	GMP (₹)	GMP %	Est. Listing
31 Oct 2026	+₹4	6.0%	₹71
30 Oct 2026	+₹4	6.0%	₹71
29 Oct 2026	+₹4	5.4%	₹71

About Mandeep Auto Industries Limited Public Issue & Market Profile

Mandeep Auto Industries Limited is bringing an initial public offering (IPO) in the Auto Components & Ancillaries sector with an aggregate issue size of ₹25.25 Crores. The shares are offered at a price band of ₹67 to ₹67 per equity share on NSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.

Public Issue & Pricing Context:

The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.

Basis of Allotment & Listing Timeline:

Following the close of bidding on 2024-05-15, the basis of allotment is scheduled to be finalized on 2024-05-16. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Cameo Corporate Services Limited) or the BSE allotment checking window.

Frequently Asked Questions

What is Mandeep Auto Industries Limited IPO GMP today?

The latest grey market premium for Mandeep Auto Industries Limited IPO is ₹4, which indicates an expected listing price of ₹71.

What does Kostak Rate and Sauda mean in IPO GMP?

Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.

Is Grey Market Premium officially recognized?

No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.