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Company Information

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MANDEEP AUTO INDUSTRIES LTD.

17 April 2025 | 12:00

Industry >> Auto Ancl - Others

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ISIN No INE0R3T01013 BSE Code / NSE Code / Book Value (Rs.) 12.06 Face Value 10.00
Bookclosure 52Week High 74 EPS 2.06 P/E 13.07
Market Cap. 27.86 Cr. 52Week Low 18 P/BV / Div Yield (%) 2.23 / 0.00 Market Lot 2,000.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
In the year 2000, Mr. Gurpal Singh Bedi laid the foundation for a sheet metal component manufacturing unit in Faridabad, Haryana, under his Sole Proprietorship M/s Mandeep Industries. Thereafter Mr. Gurpal Singh Bedi, ventured into the automobile component manufacturing segment and during the year 2010-15, added area 3 Line with Gear hobbling and CNC system to the existing manufacturing unit. In the year 2012, complete In-house Inspection facility was established in the manufacturing unit. Thereafter in the year 2018, M/s Mandeep Industries Obtained in-house Tooling/ Machine Shop, consisting of Lathe, Milling, and Radial drill machines. In order to give a corporate structure to the entire set-up, M/s Mandeep Auto Industries Limited was incorporated on April 19, 2023, with the object to takeover the entire business and operations of M/s Mandeep Industries. Subsequently, a Business Transfer Agreement was executed on June 30, 2023, by and between Mr. Gurpal Singh Bedi, Proprietor M/s Mandeep Industries and our Company, whereby our company acquired the entire business of M/s Mandeep Industries on a going concern basis.

The Corporate Identification Number of our company is U45402HR2023PLC110878.

Major Events:
2023
-Incorporation of our Company "Mandeep Auto Industries Limited" as a Public Limited Company
-Takeover of business of M/s Mandeep Industries, Sole Proprietorship of our Promoter Mr. Gurpal Singh Bedi, as a going concern, in terms of Business Transfer Agreement dated June 30, 2023