Mann Fleet Partners IPO Details

MAINBOARD

Mann Fleet Partners IPO DRHP (Draft Red Herring Prospectus) has been SEBI Approval Received.

Mann Fleet Partners IPO total issue size comprises 80,10,000 shares (aggregating up to ₹0.00 Cr.). This includes a fresh issue of 64,10,000 shares (aggregating up to ₹0.00 Cr.). Offer for Sale consists of 16,00,000 shares (aggregating up to ₹0.00 Cr.).

The Lead Managers for Mann Fleet Partners IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Khambatta Securities Ltd. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.

For detailed information, Refer to the Mann Fleet Partners Limited DRHP.

Mann Fleet Partners IPO Details

Open Date
-
Close Date
-
Listing Date
-
Issue Price
₹0 - ₹0
Face Value
₹10 per share
Lot Size
0
GMP
₹0
Issue Type
IPO
Listing On
NSE
Type
Book Built Issue
Share holding pre issue
2,56,29,143 shares
Share holding post issue
-
Total Issue Size
80,10,000 shares (aggregating up to ₹0.00 Cr.)
Fresh Issue
64,10,000 shares (aggregating up to ₹0.00 Cr.)
Offer for Sale
16,00,000 shares (aggregating up to ₹0.00 Cr.)
DRHP Status
SEBI Approval Received

Mann Fleet Partners IPO Lot Size

ApplicationLotsSharesAmount
To be announced

Mann Fleet Partners IPO Reservation

Promoter Holding

Pre Issue:96.61%
Post Issue:-
Promoter Names:
Amrit Pal Singh Mann, Parmjeet Mann, Robin Singh Mann

Documents

Mann Fleet Partners IPO Valuations

ROE:21.93
ROCE:19.88
DEBT/EQUITY:0.75
RONW:21.93
PAT MARGIN:19.57%

Mann Fleet Partners Financial Information

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets1,710.781,502.37536.66
Total Income997.571,341.81583.14
Profit After Tax186.40446.4787.57
EBITDA476.75718.44186.88
NET Worth850.04641.98186.52
Total Borrowing626.65571.98203.83
Amount in ₹ Crore

About Mann Fleet Partners IPO

Incorporated in 1992, Mann Fleet Partners Ltd. is engaged in the business of providing ultra-luxury, luxury, premium and economy car rental services delivering solutions to corporates (“Corporate Car Rental” or “CCR”), governments, embassies, travel agencies, retail clients (“Retail Car Rental” or “RCR”) and high-net worth individuals (“HNIs”) for their transportation needs.

The company offer a wide array of mobility solutions for our clients, including, event-based transportation, spot-rentals, long-term rentals, package-based and self-drive car leasing.

The company offer professionally-managed chauffeured car rental services across the ground-transportation segments in India by balancing an efficient mix of economy, premium, and luxury vehicles in the fleet.

Services:

  • Corporate Car Rentals (CCR)
  • Retail Car Rental
  • User Journey

Competitive Strengths:

  • Profitability and Scale
  • Experience and Customer Service
  • Geographical Reach
  • Commitment to Service Excellence
  • Marketing Strategy and brand Visibility

Strength Of Mann Fleet Partners IPO

To be announced

Risk Of Mann Fleet Partners IPO

To be announced

Objectives Mann Fleet Partners IPO

1. Funding the capital expenditure requirements of the Company towards purchase of fleets.

2. Pre-payment and/or re-payment, full or in part, of certain outstanding borrowings availed by the Company.

3. General Corporate Purposes

Company Contact Details

Mann Fleet Partners Ltd.
A-34,
Okhla Industrial Area,
Phase-1
New Delhi, New Delhi, 110020
Phone: 011- 46202122
Email: cs@manntours.com
Website: http://www.mannfleetpartners.com/

Registrar Contact Details

Name: Bigshare Services Pvt Ltd
Phone: +91-22-62638200

Mann Fleet Partners IPO - FAQs

The Mann Fleet Partners IPO is a MAINBOARD public issue comprising 8010000 equity shares with a face value of ₹10 each, aggregating to a total issue size of ₹0.00 Cr.. The issue price has been fixed at ₹0 per equity share, and the minimum application size is 0 shares.

The IPO opens for subscription on TBA, and closes on TBA.

Bigshare Services Pvt Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).

The Mann Fleet Partners IPO opens on TBA.

Mann Fleet Partners IPO lot size is 0, and the minimum amount required for application is ₹0.

You may apply for the Mann Fleet Partners IPO online by using either the UPI or ASBA payment method. The ASBA facility is available through the net banking platform of your respective bank. The UPI-based IPO application option is typically provided by brokers that do not offer banking services. For detailed guidance on the online IPO application process, please refer to the procedures outlined by Zerodha, Groww, Upstox, 5Paisa, Paytm Money, Fyers, Alice Blue, Nuvama, HDFC Bank, ICICI Direct, Kotak Securities, Axis Direct, and SBI Bank.

The Basis of Allotment for the Mann Fleet Partners IPO is scheduled to be finalized on TBA. Subsequently, the shares allotted will be credited to investors’ demat accounts by TBA. Investors are advised to regularly check the Mann Fleet Partners IPO allotment status for updates.

The listing date for the Mann Fleet Partners IPO has not yet been officially announced. However, the tentative listing date is scheduled for TBA.

Mann Fleet Partners IPO Grey Market Premium (GMP) refers to the unofficial price at which the company’s IPO shares are traded in the grey market prior to their listing on the stock exchange. The GMP serves as an indicator of investor demand, expected listing gains, and the overall market sentiment toward the IPO.

As of now, the current GMP stands at TBA.

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