- Q1. What is the business of Mann Fleet Partners Limited?
It is a car rental and mobility solutions provider offering event transport, long-term rentals, spot rentals, and self-drive leasing across India and select international markets. - Q2. Why is the company raising funds via IPO?
Mann Fleet is raising funds to expand its vehicle fleet, repay debt, and support general corporate purposes to strengthen operations and growth potential. - Q3. What is the size of the issue and where will it list?
The issue size of the IPO is approx 80.10 lakh equity shares. And it will be listed on the BSE & NSE platform. - Q4. What are the risks to an investor?
Risks to invest in the IPO is its capital-intensive model, heavy reliance on a concentrated customer base, fuel cost volatility, and working capital exposure. - Q5. What are the potential upsides?
Strong points of the company is its diversified client base, experienced management, profitable operations, and growth potential from fleet expansion. - Q6. How to apply for the IPO?
You can apply for the IPO via net banking, UPI or brokers’ platforms when the bidding window opens for the IPO, and selecting the desired bid lot size. - Q 7. When is the tentative listing date?
Expected listing date is yet to be announced.
Upcoming
Mann Fleet Partners Limited
0
IPO Score
0
*Score varies on actual price
Mann Fleet Partners Limited is a New Delhi-based provider of chauffeured car rental and mobility solutions, offering event-based transportation, long-term rentals, spot rentals, and self-drive leasing services to corporates, government, embassies, and individuals across India and in select international markets. The company has filed its DRHP with SEBI for an IPO of Up to 80,10,000 equity shares comprising a fresh issue of up to 64,10,000 shares and OFS of up to 16,00,000 shares.
Mann Fleet Partners Limited was incorporated in the year 1992.Mr. Amritpal Singh Mann serves as the Managing Director of the company.
Mann Fleet Partners Limited offers event-based transportation, long-term rentals, spot rentals and self-drive leasing services to corporates, government agencies, embassies and high-net-worth individuals.The company operates in 83 cities across India, the UAE, Saudi Arabia and England with a fleet of over 269 vehicles.
Subscription date to apply for Mann Fleet Partners Limited is yet to be announced. Price band for the IPO is yet to be declared.
Revenue, PAT, EBITDA
|
Year
|
2025
|
|---|---|
|
Networth
|
₹ 85 Cr
|
|
Revenue
|
₹ 99.8 Cr
|
|
EBITDA
|
₹ 47.7 Cr
|
|
PAT
|
₹ 18.6 Cr
|
|
EBITDA Margin
|
~50.04%
|
|
PAT Margin
|
~19.57%
|
|
Face Value
|
Rs.10 per Equity Share
|
IPO Important Dates
|
#
|
Date
|
|---|---|
|
Open Date
|
TBA
|
|
Close Date
|
TBA
|
|
Anchor Investor Bidding
|
TBA
|
|
Allotment Date
|
TBA
|
|
Refunds& Demat Credit
|
TBA
|
|
Tentative Listing Date
|
TBA
|
Use Of Proceeds
|
Purpose
|
Amount
|
|---|---|
|
Borrowing payment
|
~ ₹ 18.75 Cr
|
|
Purchasing new Fleets.
|
~ ₹ 63.78 Cr
|
|
-
|
-
|
|
-
|
-
|
|
-
|
-
|
|
General Corporate Purpose
|
Balance
|
Financial Data
|
#
|
2023
|
2024
|
2025
|
|---|---|---|---|
|
Revenue (₹ Cr)
|
58
|
134
|
100
|
|
PAT (₹ Cr)
|
9
|
45
|
19
|
|
Asset (₹ Cr)
|
54
|
150
|
171
|
|
Net Worth (₹ Cr)
|
19
|
64
|
85
|
IPO Grey Market Premium
|
Date
|
IPO Price
|
IPO GMP
|
Profit Per Lot
|
|---|---|---|---|
|
17 July
|
₹ –
|
₹ –
|
₹ –
|
|
16-July
|
₹ –
|
₹ –
|
₹ –
|
|
15-July
|
₹ –
|
₹ –
|
₹ –
|
|
14-July
|
₹ –
|
₹ –
|
₹ –
|
|
13-July
|
₹ –
|
₹ –
|
₹ –
|
Promoters – Pre offer equity (Approx)
|
Promoters
|
% Shares
|
|---|---|
|
Amrit Pal Singh Mann
|
~53.45%
|
|
Parmjeet Mann
|
~21.63%
|
|
Robin Singh Mann
|
~14.79%
|
|
-
|
-
|
|
-
|
-
|
|
-
|
-
|
Lot Size details
|
Application Type
|
Lot Size
|
No. of Lot
|
No. of Shares
|
Investment Amount
|
|---|---|---|---|---|
|
Retail (Min)
|
–
|
1
|
–
|
₹ –
|
|
Retail (Max)
|
–
|
13
|
–
|
₹ –
|
|
HNI (Min)
|
–
|
14
|
–
|
₹ –
|
|
HNI (Max)
|
–
|
66
|
–
|
₹ –
|
|
Big HNI (Min)
|
–
|
67
|
–
|
₹ –
|
Key Performance Index (KPI)
|
ROE
|
00
|
|---|---|
|
ROCE
|
00
|
|
RoNW
|
00
|
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