Mando Corporation

Seongnam-si, South Korea Founded: 1962 • Age: 64 yrs Acquired By Affinity Equity Partners
Manufacturer and supplier of major auto components to OEMs and aftermarket
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About Mando Corporation

Mando Corporation is a company based in Seongnam-si (South Korea) founded in 1962 was acquired by Affinity Equity Partners in June 2000.. Mando Corporation has completed 1 acquisition, including Mando Hella Electronic. Mando Corporation operates in a competitive market with competitors including ZF, Cummins, Cooper Standard, Schaeffler and Valeo, among others.

  • Headquarter Seongnam-si, South Korea
  • Stage Public
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Mando India Limited
  • Date of Incorporation 15 Sep, 1997
  • Jurisdiction Chennai, Tamil Nadu, India
Operational Areas
Transportation, Automotive & Logistics → Automotive Manufacturing & Engineering
Key Metrics
  • Annual Revenue
    $6.43 B (USD)
    12
    as on Dec 31, 2023
  • Net Profit
    $118.4 M (USD)
    31
    as on Dec 31, 2023
  • EBITDA
    $267.14 M (USD)
    10
    as on Dec 31, 2023
  • Latest Funding Round
    $466.09 K (USD), Grant

    Dec 01, 2016

  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
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IPO & Listings of Mando Corporation

Mando Corporation is a publicly listed company on the KRX with ticker symbol 204320 in South Korea, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: KRX · Ticker: 204320 . Sector: Producer manufacturing · South Korea

Funding Insights of Mando Corporation

  • Total Funding
  • Total Rounds 2
  • Last Round Grant — $466,086
  • First Round
  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2016 Amount Grant - Mando Corporation Valuation

investors

Dec, 1999 Amount Private Equity Round - Mando Corporation Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

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Investors in Mando Corporation

Mando Corporation has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include European Union, Affinity Equity Partners and CCMP Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
A leader in Asian private equity investments since 1998.
Founded Year Domain Location
Private equity investments are directed toward multiple sectors.
Founded Year Domain Location
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Mando Corporation

Mando Corporation has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Mando Hella Electronic. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Manufacturer and supplier of electronic control unit to tier 1
2008
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Mando Corporation

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

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Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Mando Corporation Comparisons

Employees
+
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Competitors of Mando Corporation

Mando Corporation operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as ZF, Cummins, Cooper Standard, Schaeffler and Valeo, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Mobility systems are developed for cars, vehicles, and industrial uses.
domain founded_year HQ Location
Manufacturer of gas-powered construction equipment
domain founded_year HQ Location
Systems and components for the automotive industry are supplied worldwide.
domain founded_year HQ Location
Manufacturer of bearings for the automotive industry
domain founded_year HQ Location
Automotive products and services are supplied globally to automakers.
domain founded_year HQ Location
Automotive cooling systems, pistons, and aftermarket components are manufactured.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Mando Corporation

Frequently Asked Questions about Mando Corporation

When was Mando Corporation founded?

Mando Corporation was founded in 1962 and raised its 1st funding round 37 years after it was founded.

Where is Mando Corporation located?

Mando Corporation is headquartered in Seongnam-si, South Korea. It is registered at Seongnam-si, Gyeonggi-do, South Korea.

Who is the current CEO of Mando Corporation?

Chung Mong Won is the current CEO of Mando Corporation.

What is the annual revenue of Mando Corporation?

Annual revenue of Mando Corporation is $6.43B as on Dec 31, 2023.

What does Mando Corporation do?

Mando Corporation is a manufacturer, exporter, and supplier of major auto components to OEMs and aftermarket. Manufactures braking components like caliper brake, drum brake, master cylinder booster, ABS, ESC, AHB EPB, MoC, steering components like steering gear system, manual steering gear, hydraulic power steering gear, intermediate shaft, steering column, electric power steering (DP-EPS, R-EPS, C-EPS), suspension components like damper spring module, shock absorber, suspension strut, self levelizer, semi-active suspension, DAS components like smart cruise control, lane keeping assist system, smart parking assist system, blind spot detection, autonomous emergency braking, electronic components like power pack, yaw G sensor, ultra sonic sensor, torque sensor, torque angle sensor, 77GHz 24GHz radar, front camera module for automotive industry. Clients include General Motors, Cadillac, Ford, Chrysler, Chevrolet.

Who are the top competitors of Mando Corporation?

Mando Corporation's top competitors include Cummins, Valeo and Cooper Standard.

Is Mando Corporation publicly traded?

Yes, Mando Corporation is publicly traded on KRX under the ticker symbol 204320.

How many acquisitions has Mando Corporation made?

Mando Corporation has made 1 acquisition, including Mando Hella Electronic.

Who are Mando Corporation's investors?

Mando Corporation has 3 investors. Key investors include European Union, Affinity Equity Partners, and CCMP Capital.

What is Mando Corporation's ticker symbol?

The ticker symbol of Mando Corporation is 204320 on KRX.

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