About Mann Fleet Partners Ltd IPO
Incorporated in August 1992, Mann Fleet Partners Limited is a corporate mobility and ground transportation company that provides chauffeur-driven transportation services to businesses, government organizations, embassies, travel agencies, event companies, and individual customers. Its service portfolio includes airport transfers, employee transportation, corporate travel, conferences, exhibitions, outstation trips, hourly rentals, and long-term vehicle leasing.
The company operates an asset-heavy business model with a fleet of more than 364 owned vehicles, supported by a network of third-party transport partners to meet additional demand. It has also developed proprietary fleet management platforms, TAS and G-Track, which help improve vehicle tracking, operational efficiency, safety, and customer service.
Mann Fleet Partners offers its services across more than 80 cities in India and also has an international presence in countries such as the UAE, Saudi Arabia, the United States, Sri Lanka, and the United Kingdom. Over its three decades of operations, the company has built long-term relationships with several corporate clients, including Fortune 500 companies, while maintaining a strong reputation for reliable and premium transportation services.
As of May 31, 2026, the company had a workforce of 440 employees across operations, chauffeurs, maintenance, sales, IT, administration, compliance, and support functions.
Mann Fleet Partners IPO Subscription Breakdown
| Investory Category | Subscription Percentage | Amount Raised (₹ Crores) |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | 50% | -- |
| Non-Institutional Investors (NIIs) | 35% | -- |
| Retail Individual Investors (RIIs) | 15% | -- |
Mann Fleet Partners IPO Financial Highlights
Mann Fleet Partners’s total income 0.00 by 0.00% and total expenses 0.00 by 0.00%, resulting in an EBITDA 47.68 by -33.63% and a profit after tax (PAT) 0.00 by 0.00% between March 31, 2025 and March 31, 2026.
47.6831 March 2026 | 71.8431 March 2025 | 18.6931 March 2024 |
71.84
65
57
50
43
36
29
22
14
7
0.00
Mann Fleet Partners IPO Strengths & Weaknesses
More than 30 years of experience in the corporate mobility and transportation industry.
Fleet of over 364 owned vehicles supported by a reliable vendor network.
Technology-driven operations through its in-house TAS and G-Track fleet management platforms.
Presence across 80+ Indian cities along with international operations in multiple countries.
Strong customer relationships backed by consistent service quality and high client retention.
Mann Fleet Partners IPO Important Dates & Issue Details
| Allotment Date | Listing Date | Refund Date |
|---|---|---|
| -- | -- | -- |
| Issue Composition: | |
|---|---|
| Face Value | ₹10 per share |
| Total Issue Size | 0 shares (aggregating up to To be announced) |
| Fresh Issue | 0 shares (aggregating up to To be announced) |
| Offer for Sale | 0 shares of ₹10 (aggregating up to To be announced) |
| Issue Type | |
| Post-Issue Shareholding Pattern: | |
|---|---|
| Pre-Issue Shareholding | 96.61 shares |
| Post-Issue Shareholding | 0 shares |
Mann Fleet Partners IPO Lot Size and Investment Details
| Minimum Lot Size | -- |
| Maximum Lot Size (Retail) | -- |
The lot size of Mann Fleet Partners ipo has been designed to ensure broad participation while maintaining optimal price discovery.
How to Apply for Mann Fleet Partners IPO
- Log in to your Choice account
- Select IPO
- Enter the number of lots and your price
- Verify UPI ID
- Complete the transaction on your UPI app
Mann Fleet Partners IPO Contact & Registrar Details
Contact Details
Address
A-34 Okhla Industrial Area Phase-1 Delhi
Phone Number
Registrar Details
Registrar Name
Bigshare Services Pvt.Ltd.
Phone Number
Optivalue Tek Consulting Ltd IPO Lead Manager(s)
| Book Running Lead Manager(s) |
|---|
| Khambatta Securities Ltd. |