Mann Fleet provides ultra-luxury, luxury, premium and economy car rental services to corporates (“Corporate Car Rental” or “CCR”), governments, embassies, travel agencies, retail clients (“Retail Car Rental” or “RCR”) and high-net-worth individuals. Its mobility solutions include event-based transportation, spot rentals, long-term rentals, package-based offerings and self-drive car leasing (Source: CRISIL Report). As of this Draft Red Herring Prospectus, the Company has provided chauffeur services in 83 cities across India, the United Arab Emirates, Saudi Arabia and England, including 80 cities in India, through a mix of owned fleets and vendor-operated vehicles.
Price Band₹ |
Dates- |
GMP₹0 (-) |
Subscriptions- |
Issue Size₹0.00 Crs |
Mann Fleet IPO Objects
- Funding the capital expenditure requirements of the Company towards purchase of fleets.
- Pre-payment and/or re-payment, full or in part, of certain outstanding borrowings availed by the Company.
- General Corporate Purposes
Mann Fleet IPO Details
Price Band₹ |
Listing AtNSE & BSE |
IPO Issue Type100% Book Built Offer |
Fresh Issue₹0.00 (0.64 Cr Shares) |
Offer For Sale₹0.00 (0.16 Cr Shares) |
Total Issue₹0.00 (0.80 Cr Shares) |
Face Value₹ per equity share |
Mann Fleet IPO Lot Information
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Retail |
Minimum
1
0
0
Maximum
-
-
-
|
|||
| Small HNI |
Minimum
-
-
-
Maximum
-
-
-
|
|||
| Big HNI |
Minimum
-
-
-
|
|||
Mann Fleet IPO GMP
The estimated Grey Market Premium of Mann Fleet IPO is ₹0 per share (-)
Category Allocation
| Particulars | Allocation |
|---|---|
| QIBs | Not more than 50% of Net Offer |
| Big HNIs (NII) | Not less than 10% of Net Offer |
| Small HNIs (NII) | Not less than 5% of Net Offer |
| Retail | Not less than 35% of Net Offer |
Mann Fleet IPO Financials
| Particulars | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| Revenue from Operations | 952.71 | 1,331.02 | 567.17 |
| Profit after Tax | 186.40 | 446.51 | 88.01 |
| Net Worth | 850.04 | 641.98 | 186.52 |
| Total Borrowing | 626.65 | 571.98 | 203.83 |
| Total Assets | 1,710.78 | 1,502.37 | 536.66 |
| NAV per share (in ₹) | 34.27 | 29.92 | 10.53 |
| EPS - Basic (in ₹) | 7.52 | 20.81 | 4.97 |
The financial information presented is on a consolidated basis.
Key Performance Indicators
| KPI | VALUES |
|---|---|
| EBITDA | 50.04% |
| PAT | 19.57% |
| ROE | 21.93% |
| ROCE | 19.89 |
| Debt to Equity | 0.75 |
- All the data pertains to FY 2024-25.
- PE, PB, and market capitalization are calculated based on the Upper Price Band.
Mann Fleet IPO Peer Comparision
Mann Fleet IPO Peer Comparision
Promoter Details
| Name | Shareholding |
|---|---|
| Amrit Mann | 53.45% |
| Parmjeet Mann | 21.63% |
| Robin Mann | 14.79% |
| Others | 6.75% |
| Total | 96.62% |
Management Details
| Name | Designation |
|---|---|
| Amrit Mann | MD |
| Robin Mann | CFO |
Company Details
Name: MANN FLEET PARTNERS LIMITED
Address: A-34, Okhla Industrial Area, Phase-1, New Delhi- 110020, India
Number: 011- 46202122
Email: cs@manntours.com
Website: www.mannfleetpartners.com
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Find answers to common questions that come in your mind related to IPO.
Mann Fleet IPO is a Mainboard IPO having an issue size of Rs. ₹0.00 Crs. Mann Fleet IPO is priced at ₹ - ₹ per share. The issue opens on 05 Dec 25 and closes on 05 Dec 25.
Mann Fleet IPO opens on 05 Dec 25 and closes on 05 Dec 25.
The estimated Grey Market Premium of Mann Fleet IPO is ₹0 per share (-).
The minimum lot size of Mann Fleet IPO is 0 shares & the minimum application amount is Rs. 0.
The allotment date of Mann Fleet IPO is 05 Dec 25.
The listing date of Mann Fleet IPO is 05 Dec 25.
Mann Fleet IPO is subscribed -.
Mann Fleet IPO is priced at ₹ - ₹ per share.
Click the allotment link on Mann Fleet IPO page of IPO360.
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