Mandeep Auto Industries Ltd. Company History and Annual Growth Details

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 the company acquired the entire business of M/s Mandeep Industries on a going concern basis. The Corporate Identification Number of the company is U45402HR2023PLC110878.

Major Events:

2023

-Incorporation of the Company “Mandeep Auto Industries Limited” as a Public Limited Company

-Takeover of business of M/s Mandeep Industries, Sole Proprietorship of the Promoter Mr. Gurpal Singh Bedi, as a going concern, in terms of Business Transfer Agreement dated June 30, 2023.